NOT LISTED FOR SALE

16222 E Downers Dr Loxahatchee, FL 33470

Estimated Value: $237,114 - $263,000

1.31 Acres
$190,671 Price per Acre
57,064 Sq Ft Lot

Last Sold October 28, 2024

Last sale price $240,000

Est. 4% increase in value since last sale

Current estimated payment $1,626/month

57 Days on Market

About This Lot

As of October 2024

Exceptional opportunity to own a piece of paradise in the heart of Loxahatchee. This expansive 1.31 acre lot is the perfect option for you to build your dream home, have a guest house, create an equestrian estate, or establish a serene retreat away from the hustle and bustle of city life. Located right next to Westlake, just 28 minutes from the Palm Beach International airport, and 11 minutes from the beautiful Wellington. Just a short drive from shopping centers, schools, parks, and major highways, ensuring you're never far from what you need while still enjoying the seclusion this property offers.

Last Agent to Sell the Property

Luciene Silva

LoKation License #3482184 Listed on: 09/01/2024

LoKation

Last Buyer's Agent

Khalilah Chatman

Real Broker, LLC License #3392058

Real Broker, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,847

Lot Details

  • 1.31 Acre Lot
  • Dirt Road
  • Property is zoned AR

Schools

  • Loxahatchee Groves Elementary School
  • Osceola Creek Middle School
  • Seminole Ridge High School

Community Details

  • The Acreage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00404324000005430

Property Details

Property Type

Land

Est. Annual Taxes

$3,847

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: N/US-98/Southern Blvd, Turn right onto Seminole Pratt Whitney Rd, Turn right onto Downers Dr E
  • Special Features: VirtualTour

Exterior Features

  • Road Surface Type: Dirt
  • Waterfront: No

Schools

  • Elementary School: Loxahatchee Groves
  • High School: Seminole Ridge
  • Middle Or Junior School: Osceola Creek

Lot Info

  • Parcel #: 00404324000005430
  • Development Status: Raw Land
  • Lot Size Acres: 1.31
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 57064.0
  • Zoning Description: AR

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3847.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Oct 28, 2024
Sold by
Borges Evelio and Borges Barbara
Bought by
Fennell Jerome and Fennell Elizabeth
Seller's Agent
Luciene Silva
LoKation
Buyer's Agent
Khalilah Chatman
Real Broker, LLC
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Views
19
Current Estimated Value
$249,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,779
Avg. Annual Appreciation
3.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fennell Jerome $240,000 Title Xperts Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $240,000 -4.0% --
09/01/2024 09/01/24 For Sale $249,900 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,860 $185,457 -- --
2024 $3,860 $156,862 -- --
2023 $3,847 $142,602 $0 $0
2022 $3,293 $129,638 $0 $0
2021 $1,784 $80,172 $80,172 $0
2018 $1,512 $36,743 $0 $0
2017 $1,370 $33,403 $0 $0
2016 $1,296 $30,366 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11017211

BeachesMLS

APN: 00-40-43-24-00-000-5430