1873 TERRACE DR E, LAKE WORTH, FL 33460

Parcel: 38434416150050320 · Single Family · Zoning: 001

Assessed Value (2026)
$338,281

Property Details

Year Built
1977
Lot Sqft
9,375

Sales History

1
$730,730
2025-04-01
2
$715,000-2%
2025-04-01
3
$715,000
2025-04-25
4
$730,730+2%
2025-04-30
5
$730,730
2025-05-16

Tax Assessment History

$338,281
Assessed (2026)
$504,333
Market Value
$287,559
Taxable Value
$5,854
Annual Tax
2025
$338,281
$504,333
2026
$338,281
$504,333
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $338,281 $504,333 $287,559 $5,854
2025 $338,281 $504,333 $313,281 $6,378

About 1873 TERRACE DR E, LAKE WORTH, FL 33460

1873 TERRACE DR E, LAKE WORTH, FL 33460 is a property built in 1977 on a 9,375 square foot lot. The property is currently owned by VELEZ PATRICIA, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-05-16 for $730,730. There are 5 recorded sales for this property. The 2026 assessed value is $338,281 with a market value of $504,333.

This breaks down to $292,813 for the land and $211,520 for the building. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $112,733, and the median home value is $466,300. The population density is 3,351 people per square mile.

There are active mortgage liens totaling $366,087 recorded against this property. 1873 TERRACE DR E, LAKE WORTH, FL 33460 is located in LAKE WORTH, Florida. Property records, tax assessments, sales history, and ownership information for this LAKE WORTH property are sourced from palm_beach County public records.

The complete ownership history of this property spans from 2025 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 46% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

VELEZ PATRICIA
1873 TERRACE DR E, LAKE WORTH BEACH, FL, 33460
Since: 2026-04-03
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,444 — $6,280
Flood $400 — $800
Property/Wind $3,044 — $5,480

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$112,733
Median Home Value$466,300
Pop. Density3,351/sq mi

Neighborhood 33460

43%
Owner-Occ
57%
Investor
1,467
Flips (4yr)
3,797
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$370,475
~$366,087 bal.
NEW AMERICAN FUNDING LLC · 2025-05-16
1 satisfied mortgage
SATISFIED 2021-07-16
$255,000
INTERCONTINENTAL CAPITAL GROUP INC
Est. Total Balance $366,087
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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