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1118 Lake Ter

Boynton Beach, FL 33426

2 bd 2 ba 962 sqft Built 1973 condos
Most recent sale
$175,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $175,000 MLS #RX-10794170
Apr 22, 2022 Listed $175,000 MLS #RX-10794170
Oct 17, 2014 Listing removed $54,900 JTHSMLS
Sep 9, 2011 Sold $50,000 MLS #RX-3185654
Jul 27, 2011 Listing removed $54,900 JTHSMLS
Mar 30, 2011 Listing removed $54,900 JTHSMLS
Mar 29, 2011 Listed $54,900 MLS #R3185654
Mar 25, 2011 Listed $54,900 MLS #RX-3185654
Mar 21, 2011 Listed $54,900 MLS #R2643185
Apr 12, 2006 Listed $54,900 MLS #RX-2643185
Jun 9, 1995 Sold $39,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,893 $148,893 $2,434
2023 $153,846 $153,846 $2,536
2022 $90,581 $2,411
2021 $82,346 $2,023
2020 $74,860 $74,860 $1,866
2019 $73,205 $1,858
2018 $66,550 $1,701
2017 $60,500 $60,500 $1,557
2016 $56,265 $1,494
2015 $51,150 $1,399
2014 $46,500 $1,297
2013 $44,500 $1,240
2012 $42,500 $1,189
2011 $38,000 $1,087
2010 $40,770 $543
2009 $39,698 $503
2008 $39,698 $475
2007 $38,503 $266

Property facts

Year built
1973
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
962 sqft
Lot size
ZIP code
33426
City
Boynton Beach
Street
Lake Ter
Coordinates
26.52731, -80.08557

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,780
Gross rental yield
12.21%
Implied cap rate
7.93%
Trend-extrapolated value

Frequently asked questions

When did 1118 Lake Ter last sell?
1118 Lake Ter most recently sold on May 27, 2022 for $175,000.
What is the current tax assessment for 1118 Lake Ter?
The most recent total assessment for 1118 Lake Ter (year 2025) is $148,893 with $2,434 in property tax.
How does 1118 Lake Ter's assessment compare to its last sale price?
The current assessment is 14.9% below the last sale price of $175,000.
When was 1118 Lake Ter built?
1118 Lake Ter was built in 1973.
How does 1118 Lake Ter compare to others on Lake Ter?
We track 8 other properties on Lake Ter. Browse the list under "Other properties on Lake Ter" to compare beds, baths, and sale history.
What are the property facts for 1118 Lake Ter?
1118 Lake Ter is a 2 bed, 2 bath, 962 sqft condos.
Is 1118 Lake Ter a flip candidate?
No — 1118 Lake Ter does not appear in our flips dataset.
Is 1118 Lake Ter a tax-appeal candidate?
No — 1118 Lake Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.2%
2026 Q3
$354.6K
2026 Q4
$356.5K
ZIP 33426 — Median Price History + Forecast

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