$425,000
SOLD OCT 12, 2018
-- Bed
-- Bath
2,418 Sq Ft
9,262 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

7% Below List Price

160 Days on Market

Highlights

  • Clay Flooring
  • Central Heating and Cooling System
  • 1 Car Garage
  • Wellington Landings Middle School Rated A-
  • Ceiling Fan

About This Home

As of April 2025

Looking for an owner occupant multi family? Want a SOLID Investment? This is a perfectly maintained duplex in beautiful Wellington. This gorgeous property offers two (2) large 3 Bedroom 2 Bath units with 1 garage each in fantastic neighborhood.Property is in excellent condition and being offered with a brand new roof. Rents are currently well below market but tenants have been in place for over 5 years. All tenants are currently M2M. This is a solid Investment in a GREAT area of Wellington. Don't let this opportunity slip by.

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 04/04/2018

Last Buyer's Agent

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 04/04/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1989

Lot Details

  • 9,262 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,418 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Clay
  • Carpet

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414404010660140

Community Details

Overview

  • 2 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $9,924
  • Net Operating Income $22,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,969

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FOREST BLVD TO WELLNGTON TRCE WEST TO MULBERRY PLACE LFT TO PROPERTY
  • Year Built: 1989
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Clay
  • Living Area: 2418.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414404010660140
  • Lot Size Sq Ft: 9262.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 22476.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9924.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4969.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Apr 25, 2025
Sold by
Owsley William
Bought by
Hd Investment Solutions Llc
Seller's Agent
Jason Nolan
United Realty Group Inc
Buyer's Agent
Brandon Sargent
United Realty Group, Inc
List Price
$775,000
Sold Price
$710,000
Premium/Discount to List
-$65,000
-8.39%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.90%
Original Mortgage
$532,500
Outstanding Balance
$532,034
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$207,474

Purchase Details

Listed on
Apr 4, 2018
Closed on
Oct 12, 2018
Sold by
Silvestri Lawrence A and Silvestri Tara L
Bought by
Owsley William
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
Cole Leavitt
CPRE Organization Inc
List Price
$457,000
Sold Price
$425,000
Premium/Discount to List
-$32,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$433,860
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Apr 3, 2001
Sold by
Urbanwest Inc C
Bought by
Silvestri Lawrence A and Silvestri Tara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 1996
Sold by
Macleod Janet A and Tripp Stephen K
Bought by
Urban West Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $710,000 South Florida Title Associates
Warranty Deed $710,000 South Florida Title Associates
Warranty Deed $425,000 Attorney
Warranty Deed $180,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,500 New Conventional
Closed $532,500 New Conventional
Previous Owner $449,235 Stand Alone Refi Refinance Of Original Loan
Previous Owner $442,803 VA
Previous Owner $433,860 VA
Previous Owner $268,000 Unknown
Previous Owner $169,500 Unknown
Previous Owner $162,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $3,250 -1.5% $3 / Sq Ft
07/02/2025 07/02/25 Price Changed $3,300 -2.8% $3 / Sq Ft
06/24/2025 06/24/25 Price Changed $3,395 -3.0% $3 / Sq Ft
06/06/2025 06/06/25 For Rent $3,500 0.0% --
04/25/2025 04/25/25 Sold $710,000 -8.4% $294 / Sq Ft
03/06/2025 03/06/25 For Sale $775,000 +82.4% $321 / Sq Ft
10/12/2018 10/12/18 Sold $425,000 -7.0% $176 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $457,000 -- $189 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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 $10,568 $495,169 -- --
2023 $10,066 $450,154 $189,948 $341,025
2022 $6,174 $302,641 $0 $0
2021 $5,641 $294,214 $0 $0
2020 $5,303 $279,212 $0 $0
2019 $4,968 $252,260 $59,850 $192,410
2018 $5,289 $248,263 $52,927 $195,336
2017 $4,969 $232,246 $48,115 $184,131
2016 $4,827 $186,544 $0 $0
2015 $4,364 $169,585 $0 $0
2014 $4,055 $154,168 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10420186

BeachesMLS

APN: 73-41-44-04-01-066-0140