$1,149,000
SOLD FEB 18, 2025

3055 161st Terrace N Loxahatchee, FL 33470

3 Beds
2 Baths
2,171 Sq Ft
5.25 Acres

Recently Sold

$529 Per Sq Ft

8% Below List Price

152 Days on Market

Highlights

  • Lake View
  • 228,690 Sq Ft lot
  • Wood Flooring
  • Waterfront
  • Room in yard for a pool
  • Circular Driveway

About This Home

As of February 2025

Welcome to your private oasis in beautiful Loxahatchee! Nestled on 5.25 acres, this sprawling property offers endless possibilities for those seeking space, serenity, and freedom. The home boasts a brand new AC and roof, ensuring comfort and peace of mind.The expansive lot provides ample room for your dream projects- check out the massive workshop or add your own barn, this is the ultimate in outdoor living. The fully fenced-in yard offers security and privacy, perfect for families or those with pets. Plus, with 2 access roads, the property is easily accessible from the east or the west, adding a level of convenience rarely found in homes with this much land. Surrounded by Loxahatchee's natural beauty, this property is an ideal retreat with plenty of room to make your own!

Last Agent to Sell the Property

Steve Shalaby

United Realty Group, Inc License #3243582 Listed on: 09/19/2024

United Realty Group, Inc

Last Buyer's Agent

Saidelys Garcia

Partnership Realty Inc. License #3474359

Partnership Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,399

Year Built

  • Built in 1983

Lot Details

  • 5.25 Acre Lot
  • Waterfront
  • Fenced
  • Property is zoned AR(cit

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway

Interior Spaces

  • 2,171 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Decorative Fireplace
  • Family Room
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Loxahatchee Groves Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41404313000005050
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,399

Year Built

Built in 1983

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 Blvd West to A Road. Go right (north) to Lakeside Dr. Go left (west) to 161st Ter. North, go right to 3055.
  • Year Built: 1983
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Fireplace, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 2171.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool, Shed
  • View: Lake
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Detached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 41404313000005050
  • Lot Size: 677ft x 340ft apprx
  • Lot Size Sq Ft: 228690.0
  • Zoning Description: AR(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5399.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Feb 16, 2025
Sold by
Benson Nancy L
Bought by
Gonzalez Yainiel Engroba
Seller's Agent
Steve Shalaby
United Realty Group, Inc
Buyer's Agent
Saidelys Garcia
Partnership Realty Inc.
List Price
$1,250,000
Sold Price
$1,149,000
Premium/Discount to List
-$101,000
-8.08%
Views
29
Current Estimated Value
$1,127,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,175
Avg. Annual Appreciation
-2.74%
Original Mortgage
$1,034,100
Outstanding Balance
$1,028,109
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$99,716

Purchase Details

Closed on
May 9, 2019
Sold by
Harold L Benson and Harold Nancy L Benson Rlt
Bought by
Benson Nancy L and Benson Harold L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,400
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
Benson Harold L and Benson Nancy L
Bought by
Benson Harold L

Purchase Details

Closed on
May 31, 1996
Sold by
Barbara Philip and Barbara Mccann
Bought by
Benson Harold L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
7.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,149,000 None Listed On Document
Warranty Deed $1,149,000 None Listed On Document
Interfamily Deed Transfer -- Boston National Ttl Agcy Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,034,100 New Conventional
Closed $1,034,100 New Conventional
Previous Owner $393,400 New Conventional
Previous Owner $185,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2025 02/18/25 Sold $1,149,000 0.0% $529 / Sq Ft
12/13/2024 12/13/24 Price Changed $1,149,000 -2.1% $529 / Sq Ft
11/12/2024 11/12/24 Price Changed $1,174,000 -2.1% $541 / Sq Ft
10/18/2024 10/18/24 Price Changed $1,199,000 -4.1% $552 / Sq Ft
09/19/2024 09/19/24 For Sale $1,250,000 -- $576 / 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 $5,561 $242,423 -- --
2023 $5,399 $235,362 $0 $0
2022 $5,338 $228,507 $0 $0
2021 $5,350 $221,851 $0 $0
2020 $5,743 $218,788 $0 $0
2019 $6,669 $213,869 $0 $0
2018 $5,584 $209,881 $0 $0
2017 $4,929 $205,564 $0 $0
2016 $4,622 $201,336 $0 $0
2015 $4,698 $199,936 $0 $0
2014 $4,752 $198,349 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11022308

BeachesMLS

APN: 41-40-43-13-00-000-5050