$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
$1,129,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,731
Avg. Annual Appreciation
-2.71%
Original Mortgage
$1,034,100
Outstanding Balance
$1,029,846
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$104,752

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

Similar Homes in Loxahatchee, FL

  • 17154 35th Place N, Loxahatchee, FL 33470

    $999,999

    • 4 Beds
    • 3.5 Baths
    • 3,360 Sq Ft
    • 17154 35th Place N
    • Loxahatchee, FL

    Just Reduced! Seller SAYS SELL NOW! Brand New Construction! Best Price For New Construction!Custom Country Farmhouse with plenty of land. This house boasts 4 spacious bedrooms, 3 luxurious bathrooms, and a 3-car oversized garage spaces. This farmhouse-style gem spans 4,676 square feet, blending modern design with state-of-the-art technology. The open-concept flows effortlessly from room to room,

    Russell Pemberton Keller Williams Realty - Welli

    Section Image
  • 1464 Gallop Dr, Loxahatchee, FL 33470

    $1,150,000

    • 4 Beds
    • 4 Baths
    • 4,642 Sq Ft
    • 1464 Gallop Dr
    • Loxahatchee, FL

    Prime 5-Acre Opportunity in Fox Trail!This expansive property features a 4-bedroom home awaiting your finishing touches and a massive storage facility that could be converted into permitted living space. Located in prestigious Fox Trail, where homes sell for $1.2M - $5M, this is a rare find for investors or end-users with vision. Enjoy serene private roads, top-rated Wellington schools, and

    Carla Connor Florida Premier Realty of the Palm Beaches LLC

    Section Image
  • 17580 47th Ct N, Loxahatchee, FL 33470

    $949,900

    • 4 Beds
    • 3.5 Baths
    • 3,742 Sq Ft
    • 17580 47th Ct N
    • Loxahatchee, FL

    Discover the perfect blend of space, comfort, and versatility in this stunning newly built 4-bedroom, 3.5-bathroom CBS home, with a full guest house and fully air conditioned 1200 sq ft detached garage with office situated on a sprawling 1.15-acre lot in a desirable non-HOA community of The Acreage. Designed for both entertaining and everyday living, the open floor plan features vaulted ceilings,

    Jeff Tricoli KW Reserve Palm Beach

    Section Image
  • 3446 Cabbage Palm Way, Loxahatchee, FL 33470

    $1,045,000

    • 3 Beds
    • 2 Baths
    • 2,295 Sq Ft
    • 3446 Cabbage Palm Way
    • Loxahatchee, FL

    PRICE REDUCED OVER $140K!! LOVE NATURE, PRIVACY AND THE ADDED BONUS OF FRUIT TREES? THIS PROPERTY IS FOR YOU!Lovely 3/2 CBS home on 5 ACRES with TONS OF PRIVACY. FRUIT TREES INCLUDE LONGUN, LYCHEE, BANANA, PAPAYA, DRAGONFRUIT, THAI EGGPLANT, MANGO AND SAPODILLA....over 200 TREES! Enjoy your own personal fruit production or use the property for whatever you like that is agriculture or primary

    Carla Connor Florida Premier Realty of the Palm Beaches LLC

    Section Image
  • 998 Castaway Ct, Loxahatchee, FL 33470

    $972,450

    • 5 Beds
    • 4.5 Baths
    • 3,662 Sq Ft
    • 998 Castaway Ct
    • Loxahatchee, FL

    This spacious two story, 5-Bedroom 4.5- bath model home offers a serene study near the foyer and a formal dining room that flows into an open-concept kitchen, breakfast area, great room, and covered patio. The first floor boasts a luxurious owner's suite. The kitchen is equipped with a gas stove, stainless steel appliances and quartz kitchen countertops. Upstairs, a large loft is surrounded by

    Kirk Andersen Beach Town Real Estate LLC

    Section Image
  • 13105 Raymond Dr, Loxahatchee, FL 33470

    $1,149,900

    • 5 Beds
    • 3.5 Baths
    • 2,945 Sq Ft
    • 13105 Raymond Dr
    • Loxahatchee, FL

    Almost 2 acres of no-HOA freedom on a cul-de-sac with room for horses, RVs, Boats and big toys behind a private automatic gate. Solid CBS, Fully Renovated, Single-Story 5 BR/3.5 BA + Den lives like new: 2018 roof & A/C, new ductwork, whole-house RO filter, fresh paint and stylish tile. Vaulted great room with 3-sided fireplace opens to a quartz-island kitchen with stainless appliances. The

    Ilya Kulichkin EXP Realty LLC

    Section Image
  • 12986 Marcella Blvd, Loxahatchee, FL 33470

    $1,050,000

    • 5 Beds
    • 4 Baths
    • 3,121 Sq Ft
    • 12986 Marcella Blvd
    • Loxahatchee, FL

    Welcome to tranquil living in Loxahatchee Groves!Escape to this exquisite 5-bedroom, 4-bathroom country retreat, nestled on 2 acres of serene land. This beautiful 2-story home offers a generous living space of 3121 Sq Ft, providing the perfect blend of comfort and luxury.The property features impact windows and doors, primary bedroom on ground floor, great schools, versatile in-law suite, leveled

    Adriana Fabbri Kerns, P.A Concierge Properties LLC

    Section Image
  • 3178 162nd Dr N, Loxahatchee, FL 33470

    $1,220,000

    • 4 Beds
    • 3 Baths
    • 2,371 Sq Ft
    • 3178 162nd Dr N
    • Loxahatchee, FL

    For your best information, when viewing on a property listing website, please do not click agent or schedule online, scroll down and look for the listing broker. Completely renovated, ADA-accessible, kitchen island, butcher block, stainless appliances, induction stove, Frigidaire Pro refrigerator, dishwasher, 5 Stage Reverse Osmosis system, electric fireplace, modern tiles, glass doors, electric

    Peter Mergenthaler GFolio Real Estate Inc

    Section Image
  • 16330 E Wiltshire Dr, Loxahatchee, FL 33470

    $1,100,000

    • 5 Beds
    • 4 Baths
    • 3,845 Sq Ft
    • 16330 E Wiltshire Dr
    • Loxahatchee, FL

    Tucked away in the peaceful surroundings of Loxahatchee, this spacious income producing 5-bedroom, 4-bathroom pool home offers the perfect blend of privacy, versatility, and comfort--all on over an acre of land with NO HOA. The main home features 4 bedrooms, 3 bathrooms, and a 3-car garage, plus a separate 928 sq ft guest suite with private entrance, full kitchen, living area, and its own

    Norma Leyva Partnership Realty Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,147,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $393,400 New Conventional
Previous Owner $465,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $250,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $194,000 Unknown
Previous Owner $180,000 Unknown
Previous Owner $185,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R11022308

BeachesMLS

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