1 Wells Cir Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $7,551,000
5
Beds
4
Baths
4,992
Sq Ft
$1,513/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Gas Heated Pool
- Marble Flooring
- Palm Beach Public School Rated A-
- Waterfront
- Lanai
About This Home
As of January 2013This home is located at 1 Wells Cir, Palm Beach, FL 33480 since 09 January 2013 and is currently estimated at $7,551,000, approximately $1,512 per square foot. This property was built in 1969. 1 Wells Cir is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.
Last Agent to Sell the Property
Lawrence A. Moens Associates, Inc. License #202740 Listed on: 01/09/2013
Last Buyer's Agent
Lawrence A. Moens Associates, Inc. License #202740 Listed on: 01/09/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $77,224
Year Built
- Built in 1969
Lot Details
- Waterfront
- Cul-De-Sac
- Home has North and South Exposure
- Back Yard Fenced
- Sprinkler System
- Property is zoned RB
Home Design
- Frame Construction
- Wood Shingle Roof
- Wood Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,992 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Ceiling Fan
- Fireplace
- Double Hung Windows
- Sliding Windows
- Casement Windows
- Dining Room
- Library
- Utility Room
- Home Security System
Kitchen
- Eat-In Kitchen
- Double Oven
- Electric Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
- Instant Hot Water
Flooring
- Wood
- Wall to Wall Carpet
- Marble
- Terrazzo
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
Pool
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Property has ocean access
- Balcony
- Patio
- Lanai
- Attached Grill
Utilities
- Zoned Heating and Cooling
- Satellite Dish
Community Details
- No Home Owners Association
- Wells Circle Replat Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434314180000021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2019
Sold by
Borghi Mark and Borghi Marisa
Bought by
Menkes Allison and Peal Trust
Total Days on Market
13
Current Estimated Value
Purchase Details
Closed on
Nov 26, 2014
Sold by
Borghi Mark and Borghi Marisa
Bought by
Borghi Mark and Borghi Marisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 9, 2013
Closed on
Jan 30, 2013
Sold by
Krasker Paul A
Bought by
Borghi Mark
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$6,250,000
Sold Price
$6,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%
Original Mortgage
$4,750,000
Interest Rate
3.39%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 21, 2006
Sold by
Mccloskey Patricia C
Bought by
Krasker Paul A and 141 Wells Road Land Trust
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Menkes Allison | $8,885,000 | Attorney | |
| Borghi Mark | -- | Attorney | |
| Borghi Mark | $5,870,000 | Attorney | |
| Krasker Paul A | $5,776,990 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Borghi Mark | $3,400,000 | |
| Previous Owner | Borghi Mark | $4,750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2013 01/30/13 | Sold | $6,250,000 | 0.0% | $1,252 / Sq Ft |
| 01/22/2013 01/22/13 | Pending | -- | -- | -- |
| 01/09/2013 01/09/13 | For Sale | $6,250,000 | -- | $1,252 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $347,829 | $18,848,487 | -- | -- |
| 2023 | $307,431 | $17,134,988 | $15,570,000 | $9,062,962 |
| 2022 | $142,652 | $7,338,205 | $0 | $0 |
| 2021 | $110,729 | $6,777,540 | $6,777,540 | $0 |
| 2020 | $109,143 | $6,501,527 | $6,064,632 | $436,895 |
| 2019 | $100,900 | $5,916,309 | $5,896,170 | $20,139 |
| 2018 | $113,590 | $6,891,951 | $0 | $0 |
| 2017 | $113,656 | $6,750,197 | $6,733,580 | $16,617 |
| 2016 | $113,226 | $6,612,692 | $0 | $0 |
| 2015 | $117,105 | $6,566,725 | $0 | $0 |
| 2014 | $138,477 | $7,661,208 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lawrence A Moens
L
Seller's Agent in 2013
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
(561) 655-5510
46 in this area
124 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 13-75
APN: 50-43-43-14-18-000-0021
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