NOT LISTED FOR SALE

7828 Ocean Reef Terrace Lake Worth, FL 33467

Valencia Shores Neighborhood

Estimated Value: $473,000 - $546,000

3 Beds
2 Baths
2,099 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $515,000 $245 Per Sq Ft

Current estimated payment $4,124/month

96 Days on Market

Highlights

  • Gated with Attendant
  • Clubhouse
  • Garden View
  • Senior Community
  • Roman Tub
  • Sauna

About This Home

As of December 2023

Fabulous well loved favorite Valencia Shores Mediterranean floorpan is pristine & priced to sell! Neutral tile in main areas of home & den/ bedrm3 provides a perfect backdrop for any style furnishings.Eat in kitchen & open breakfast bar/island is a chef's delight! Large screened lanai sits on a private oversized lot.Walk to State of Art Fitness Center with classes,Tennis pro shop, indoor/outdoor whirlpool, beauty salon, massages, indoor racquetball, water aerobics, resistance& lap pool, more! Enjoy the tropical Social Pool next to Full service restaurant where indoor/ourdoor dining is a delight! Valencia Shores is considered a Five star ''Premier'' Active 55+ community with 10 tennis, 6 pickleball, 3 bocce crts,full time Social director, shows, clubs, amenities galore!Great opportunity!

Last Agent to Sell the Property

Denise A

The Keyes Company License #3277836 Listed on: 09/08/2023

Last Buyer's Agent

Denise A

The Keyes Company License #3277836 Listed on: 09/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 2003

Lot Details

  • 6,170 Sq Ft Lot
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $670 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,099 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • High Ceiling
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424507020000780

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, ground maintenance, recreation facilities, reserve fund, security, internet
  • Built by GL Homes
  • Valencia Shores Subdivision, Mediterranean Floorplan

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Wi-Fi

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Community Pool
  • Community Spa
  • Putting Green
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,424

Year Built

Built in 2003

Lot Details

0

HOA Fees

$670 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On Lyons Rd, North of Boynton Beach Blvd and south of Hypoluxo rd on East side of Rd.
  • Year Built: 2003
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Partially
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2099.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry
  • Stories: 1
  • Window Features: Blinds, Drapes, Sliding

Exterior Features

  • Exterior Features: Enclosed Porch, Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Builder Name: GL Homes
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Concrete, Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 670.0
  • Community Features: Bocce Court, Clubhouse, Gated, Internet Access, Pickleball, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Basketball Court, Bocce Court, Billiard Room, Clubhouse, Management, Pickleball, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security, Internet

Lot Info

  • Parcel #: 00424507020000780
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6170.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4424.0

Multi Family

  • Number Of Units In Community: 1143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Dec 13, 2023
Sold by
Constance Rakower Revocable Trust and Connie Rakower Revocable Trust
Bought by
Nemeth Michael D and Nemeth Deborah L
Seller's Agent
Denise A
The Keyes Company
Buyer's Agent
Denise A
The Keyes Company
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%
Views
45
Current Estimated Value
$514,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$818
Avg. Annual Appreciation
1.95%

Purchase Details

Closed on
Dec 7, 2005
Sold by
Rakower Stephen and Rakower Connie
Bought by
Rakower Constance

Purchase Details

Closed on
Jun 19, 2003
Sold by
G L Homes Of Boynton Beach Assoc Vi Ltd
Bought by
Rakower Stephen and Rakower Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Nemeth Michael D $515,000 Home Partners Title Services
Rakower Constance -- None Available
Rakower Stephen $247,205 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rakower Stephen $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $515,000 -0.8% $245 / Sq Ft
09/08/2023 09/08/23 For Sale $519,000 -- $247 / 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 $7,667 $443,634 -- --
2023 $4,394 $286,523 $0 $0
2022 $4,424 $278,178 $0 $0
2021 $4,388 $270,076 $0 $0
2020 $4,354 $266,347 $0 $0
2019 $4,300 $260,359 $0 $0
2018 $4,086 $255,504 $0 $0
2017 $4,029 $250,249 $0 $0
2016 $4,036 $245,102 $0 $0
2015 $4,131 $243,398 $0 $0
2014 $4,151 $241,466 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Denise A

    The Keyes Company

    (561) 350-5441

    76 in this area

    99 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10917985

BeachesMLS

APN: 00-42-45-07-02-000-0780

Florida Palm Beach County Lake Worth 33467 Valencia Shores

7828 Ocean Reef Terrace, Lake Worth, FL

This home is located at 7828 Ocean Reef Terrace, Lake Worth, FL 33467 since 08 September 2023 and is currently estimated at $505,305, approximately $240 per square foot. This property was built in 2003. 7828 Ocean Reef Terrace is a home located in Palm Beach County with nearby schools including Manatee Elementary School, Christa Mcauliffe Middle School, and Park Vista Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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