Property Detail
Location Address : 1873 TERRACE DR E
Municipality : LAKE WORTH BEACH
Parcel Control Number : 38-43-44-16-15-005-0320
Subdivision : LAKE CLARKE TERRACE IN
Official Records Book/Page : 35751 / 136
Sale Date : 04/30/2025
Legal Description : LAKE CLARKE TERRACE LT 32 BLK 5
Owner Information
Owner(s) Mailing Address
VELEZ PATRICIA
 1873 TERRACE DR E
LAKE WORTH BEACH FL 33460 6452
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
04/30/2025 $730,730 35751 / 00136 WARRANTY DEED VELEZ PATRICIA
04/22/2025 $715,000 35703 / 01443 WARRANTY DEED NAF CASH LLC
03/15/2019 $352,500 30487 / 01893 WARRANTY DEED WARD PETER
09/30/1999 $152,000 11383 / 01167 WARRANTY DEED NETTLES BRUCE & CAROL M
04/01/1997 $143,000 09756 / 00051 WARRANTY DEED
05/01/1987 $125,000 05282 / 01522 WARRANTY DEED
10/01/1986 $100 05187 / 00920 QUIT CLAIM
01/01/1977 $56,000 02742 / 00130
Exemption Information
Applicant/Owner(s) Year Detail
WARD PETER 2025 HOMESTEAD
WARD PETER 2025 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 2569
Acres : .22
Property Use Code : 0100—SINGLE FAMILY
Zoning : SFR—SINGLE FAMILY RESIDENTIAL (38-LAKE WORTH BEACH)
Building Details

Structural Details

Structural Element for Building 1
Exterior Wall 1 WSF: WOOD SIDING
Year Built 1977
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 3
Full Baths 2
Half Baths 0
Exterior Wall 2 WSF: BRICK
Roof Structure GABLE/HIP
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1
Subarea and Square Footage for Building 1
Code Description square Footage
BAS Base Area 1644
SFB Semi Finished Base Area 342
FOP Finished Open Porch 72
FGR Finished Garage 511
Total Square Footage 2569
Area Under Air 1986
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Boat Dock 1977 210
Boat Lift 2004 1
Patio 1977 440

Property Land Details

Land Line # Description Zoning Acres
1 SFR WATER SFR 0.2152
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $211,520 $206,683 $215,511 $175,960 $167,793
Land Value $292,813 $300,875 $297,899 $210,963 $148,125
Total Market Value $504,333 $507,558 $513,410 $386,923 $315,918
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $338,281 $328,747 $319,172 $309,876 $300,850
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $287,559 $278,747 $269,172 $259,876 $250,850
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $6,377 $6,327 $6,157 $6,056 $6,040
NON AD VALOREM $599 $583 $525 $507 $501
TOTAL TAX $6,976 $6,910 $6,682 $6,563 $6,541
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov