$506,000
SOLD MAR 22, 2023 RENTED APR 28, 2025

16441 87th Ln N Loxahatchee, FL 33470

3 Beds
2 Baths
1,393 Sq Ft
1.28 Acres

Recently Sold

$363 Per Sq Ft

6% Below List Price

131 Days on Market

Highlights

  • Private Pool
  • Garden View
  • Walk-In Closet
  • Frontier Elementary School Rated A-
  • Separate Shower in Primary Bathroom
  • Patio

About This Home

As of March 2023

You CAN have it all! Live your best life in a charming and well loved POOL home on 1.28 acres of beautiful land, with no restrictions, and A rated schools! The home features a split floorplan, gas appliances, a large custom master closet, spacious master bathroom, a dedicated laundry room and a 2020 roof. Outside is the most private of back yards featuring a recently resurfaced pool surrounded by an enclosed patio; perfect for family events! The lot is surrounded by lush trees, has a large green space and a small pond. It's zoned agricultural -your options are endless! Within 2 miles to several parks, public tennis, golf and an equestrian exercise park. 3.5 miles to the booming NEW Westlake theaters, mall and downtown area! As Westlake develops, your property value SOARS!

Last Agent to Sell the Property

Michelle Brock

Charles Rutenberg Realty FTL License #3392683 Listed on: 10/20/2022

Charles Rutenberg Realty FTL

Last Buyer's Agent

Michelle Brock

Charles Rutenberg Realty FTL License #3392683 Listed on: 10/20/2022

Charles Rutenberg Realty FTL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,707

Year Built

  • Built in 1997

Lot Details

  • 1.28 Acre Lot
  • Property is zoned AR

Parking

  • 2 Car Garage

Property Views

  • Garden
  • Pool

Interior Spaces

  • 1,393 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Community Details

  • Acreage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00404224000001670

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,707

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Okeechobee Boulevard West to Seminole Pratt take a Right or North to Valencia go West to Banyan on the Right and take a quick Left off Banyan to 87th Lane N
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Living Area: 1393.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00404224000001670
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 55757.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2707.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Mar 22, 2023
Sold by
Rasha Dale and Rasha Renee
Bought by
Howard Alexander and Galbraith Cassidy
Seller's Agent
Michelle Brock
Charles Rutenberg Realty FTL
Buyer's Agent
Michelle Brock
Charles Rutenberg Realty FTL
List Price
$539,000
Sold Price
$506,000
Premium/Discount to List
-$33,000
-6.12%
Views
47
Current Estimated Value
$563,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,705
Avg. Annual Appreciation
4.85%
Original Mortgage
$463,369
Outstanding Balance
$451,382
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$115,293
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $506,000 Trilogy Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $62,641 FHA
Closed $19,450 FHA
Open $463,369 FHA
Previous Owner $60,000 Credit Line Revolving
Previous Owner $184,500 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $207,500 Unknown
Previous Owner $152,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Rented $3,650 0.0% --
04/11/2025 04/11/25 Under Contract -- -- --
04/02/2025 04/02/25 For Rent $3,650 0.0% --
03/22/2023 03/22/23 Sold $506,000 -1.3% $363 / Sq Ft
01/14/2023 01/14/23 Price Changed $512,500 -2.9% $368 / Sq Ft
12/08/2022 12/08/22 Price Changed $528,000 -2.0% $379 / Sq Ft
11/10/2022 11/10/22 For Sale $539,000 -- $387 / Sq Ft
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
2024 $6,556 $329,958 -- --
2023 $3,207 $124,672 $0 $0
2022 $2,979 $121,041 $0 $0
2021 $2,707 $117,516 $0 $0
2020 $2,615 $115,893 $0 $0
2019 $2,593 $113,287 $0 $0
2018 $2,413 $111,175 $0 $0
2017 $2,251 $108,888 $0 $0
2016 $2,267 $106,648 $0 $0
2015 $2,260 $105,907 $0 $0
2014 $2,231 $105,066 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10840266

BeachesMLS

APN: 00-40-42-24-00-000-1670