5 months on rocket

1118 Lake Ter Unit 201, Boynton Beach, FL, 33426

$95,000

Home List Price

$1,128*

Closing Credit

1 Bedroom
1 Full Bath
675 SqFt
$141/SqFt
Condo
Schools Nearby

Location

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1118 Lake Ter Unit 201, Boynton Beach$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest
Year Built1973
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
ViewLake
MLS #RX-10936679
StatusActive

About 1118 Lake Ter Unit 201

LAND LEASE IS PAID OFF! Great opportunity to create your dream home. Brand new carpet. Needs TLC. Corner unit 1 bedroom 1 bathroom, located in the highly desirable 55+ community of Leisureville. This condo NO longer has a recreational lease, therefore the monthly association fee is only $422 per month. Can be rented after the 1st year of ownership. PET FRIENDLY building. The community provides an 18-hole golf course, three clubhouses, hot tubs, a tennis court, and much more, all without membership fees. Enjoy the country club living without the membership costs. This community is located approximately 2 miles from the ocean and less than a mile from I-95. Restaurants and grocery stores are conveniently located nearby. Enjoy the county club lifestyle without paying membership!

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 2
  • Living Area: 675 SqFt

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (561) 750-1000
  • Listing Agent: Gabriella Ilona Thompson

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Flooring Type: Carpet, Clay Tile
  • Interior: Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Auto Sprinkler

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Guest

Virtual/3D Tour

  • Virtual Tour: 1118 Lake Ter Unit 201

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Boynton Beach Community High School, Public Magnet Grades PK-12
  • Congress Middle School, Public Magnet Grades 6-8
  • Galaxy Elementary School, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000
  • Price Per SqFt: $141/SqFt

HOA Fees:

  • Amount: $422
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Boynton Beach, FL.

Med. Sold Price

$403.9K

Med. Price/SqFt

$251

Avg. Days On Market

49

# of Sold Homes

243

1118 Lake Ter Unit 201 vs Boynton Beach

163 DAYS ON ROCKET

+114 Days

$95,000

-$308.9K Less

$141/SqFt

-$111 Less

KEY TAKEAWAY

This property is $308.9K less than the Median Sold Price and $111/SqFt less than other homes in Boynton Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10936679

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (561) 750-1000
  • Listing Agent: Gabriella Ilona Thompson

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$964

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1816804
6
/10
  • Galaxy Elementary School

  • 550 NW 4th Ave

  • 1.09 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1816805
2
/10
  • Congress Middle School

  • 101 S Congress Ave

  • 0.35 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1816806
2
/10
  • Boynton Beach Community High School

  • 4975 Park Ridge Blvd

  • 1.46 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,776. Residents of Boynton Beach, FL typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1118 Lake Ter Unit 201

What is the listing price of this property?

The listing price of 1118 Lake Ter Unit 201 property is $95,000.

What type of property is this?

The property 1118 Lake Ter Unit 201 is a condo located in Boynton Beach, Florida, 33426.

Is this property for sale now?

Active Listing: 1118 Lake Ter Unit 201 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1118 Lake Ter Unit 201 are:
Galaxy Elementary School: GreatSchools Rating 6/10
Congress Middle School: GreatSchools Rating 2/10
Boynton Beach Community High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1118 Lake Ter Unit 201 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1118 Lake Ter Unit 201 is 675 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1118 Lake Ter Unit 201 is 1973.

Rocket Homes›Florida›Palm Beach County›Boynton Beach›33426›1118 Lake Ter Unit 201

This home is located at 1118 Lake Ter Unit 201 in Boynton Beach, FL and zip code 33426. This 675 square foot home was built in 1973. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $95,000.

In March 2024 more than 17 listings in Boynton Beach, FL were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 190 were sold below. The number of homes for sale in Boynton Beach, FL increased by 10.2% between February 2024 and March 2024. In March 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $403,959.

From Rocket Homes Real Estate and based on county public records data.

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