NOT LISTED FOR SALE

7838 Terrace Rd Lantana, FL 33462

Estimated Value: $345,000 - $487,000

3 Beds
2 Baths
1,200 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $425,000 $354 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,696/month

12 Days on Market

Highlights

  • New Construction
  • 1 Car Attached Garage
  • Walk-In Closet
  • Vaulted Ceiling
  • Separate Shower in Primary Bathroom
  • Entrance Foyer

About This Home

As of May 2023

Gorgeous NEW CONSTRUCTION single family residence located in the heart of Lake Worth, only minutes from the beach, Lake Worth downtown, shopping centers and I-95. The house boasts a bright, open living area and kitchen with granite countertops, wood cabinetry, and stainless steel appliances. The property also features porcelain tile flooring, dual sink in master bathroom, dome ceilings, impact doors and windows, washer and dryer, spacious backyard, and much more. Make this charming house yours today!

Last Agent to Sell the Property

Maday Diaz

Partnership Realty Inc. License #3146628 Listed on: 04/23/2023

Partnership Realty Inc.

Last Buyer's Agent

Patrick Bensimon

Dunhill 100 LLC License #3477726

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $665

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 5,002 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned RM

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Tropical Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434510070001170

Home Details

Home Type

Single Family

Est. Annual Taxes

$665

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From I-95 go east ph Hypoluxo Rd, left on Miner Rd, left on Terrace Rd
  • Year Built: 2023
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Living/Dining Room, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1200.0
  • Stories: 1

Exterior Features

  • Exterior Features: Fence
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00434510070001170
  • Lot Size: < 1/4 Acre,Paved Road
  • Lot Size Sq Ft: 5002.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 665.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Jun 5, 2023
Sold by
Carrazana Yordan
Bought by
Greiner Edward Michael
Seller's Agent
Maday Diaz
Partnership Realty Inc.
Buyer's Agent
Patrick Bensimon
Dunhill 100 LLC
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Views
131
Current Estimated Value
$418,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,913
Avg. Annual Appreciation
-1.82%
Original Mortgage
$412,392
Outstanding Balance
$403,593
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$4,182

Purchase Details

Closed on
Apr 4, 2022
Sold by
Klausmeyer Holdings Llc
Bought by
Carrazana Yordan

Purchase Details

Closed on
Dec 19, 2012
Sold by
Southwind Limited Partnership #2
Bought by
Klausmeyer Holdings Llc

Purchase Details

Closed on
Oct 23, 2006
Sold by
Dawson Ronald Leon and Dawson Linda R
Bought by
Southwind Lp #2

Purchase Details

Closed on
Feb 15, 2000
Sold by
Adwood Inc
Bought by
Hodges William D and Woolley Thomas J
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
Greiner Edward Michael $425,000 None Listed On Document
Carrazana Yordan $82,000 Florida Land Title
Klausmeyer Holdings Llc $10,000 Lighthouse Title Svcs Inc
Southwind Lp #2 $60,000 Guardian Title Inc
Hodges William D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greiner Edward Michael $412,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $425,000 -5.6% $354 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $450,000 -- $375 / 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 $5,077 $327,768 -- --
2023 $1,305 $79,483 $79,483 $0
2022 $665 $14,856 $0 $0
2021 $485 $50,004 $50,004 $0
2020 $592 $66,000 $66,000 $0
2019 $433 $44,000 $44,000 $0
2018 $255 $22,315 $22,315 $0
2017 $193 $13,947 $13,947 $0
2016 $162 $8,385 $0 $0
2015 $150 $7,623 $0 $0
2014 $130 $6,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10883914

BeachesMLS

APN: 00-43-45-10-07-000-1170