$4,700,000
SOLD JUL 9, 2024

10993 Wellington Preserve Blvd Wellington, FL 33449

10 Acres
$448,473 Price per Acre
456,509 Sq Ft Lot

Recently Sold

20% Below List Price

90 Days on Market

Highlights

  • 10.48 Acre Lot
  • Panther Run Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of July 2024

Unique opportunity to purchase over 10 acres in the coveted Wellington Preserve equestrian community. Consisting of 3 adjacent parcels, this 10.48-acre property is cleared, fenced, and offers city water. Site plans showcase two amazing development options, one using the entire parcel and the other dividing it three ways.

Last Agent to Sell the Property

Sheer Levitin

Engel & Volkers Wellington License #3603409 Listed on: 01/09/2024

Engel & Volkers Wellington

Last Buyer's Agent

Carol Sollak

Engel & Volkers Wellington License #642748

Engel & Volkers Wellington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,920

Lot Details

  • 10.48 Acre Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned EOZD(c

HOA Fees

  • $850 Monthly HOA Fees

Location

  • City Lot

Community Details

  • Wellington Preserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414434010030010

Property Details

Property Type

Land

Est. Annual Taxes

$12,920

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: Take 50th to Everglades Way to enter Wellington Preserve. Head east property is on the right.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot
  • Road Surface Type: Paved
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee: 850.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414434010030010
  • Development Status: Site Plan Filed
  • Lot Size Acres: 10.48
  • Lot Size: 10.48 Acres
  • Lot Size Sq Ft: 456508.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12920.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2019
Sold by
Diamante Farms Dressage Llc
Bought by
Sheers Equestrian Stables Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,540,000
Outstanding Balance
$4,039,411
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$616,589

Purchase Details

Listed on
Jan 8, 2014
Closed on
Sep 29, 2014
Sold by
Wellington Preserve Corporation
Bought by
Diamante Farms Dressage Llc
Seller's Agent
Diane Jenkins
Jenkins Realty Inc.
Buyer's Agent
Jordan Hayman
Engel & Volkers Wellington
List Price
$399,600
Sold Price
$391,500
Premium/Discount to List
-$8,100
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.95%

Purchase Details

Closed on
May 8, 2012
Sold by
Tanen Homes Llc
Bought by
Wellington Preserve Corporation

Purchase Details

Closed on
Apr 4, 2005
Sold by
Wellington Preserve Corp
Bought by
Tanen Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,100
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $1,875,000 Attorney
Special Warranty Deed -- Attorney
Special Warranty Deed -- Attorney
Special Warranty Deed $541,420 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,682,500 New Conventional
Open $4,540,000 Future Advance Clause Open End Mortgage
Previous Owner $433,100 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,300,000 -72.3% --
07/09/2024 07/09/24 Sold $4,700,000 -12.1% --
04/09/2024 04/09/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $5,350,000 -8.5% --
01/09/2024 01/09/24 For Sale $5,850,000 +1394.3% --
11/14/2014 11/14/14 Sold $391,500 -2.0% --
10/15/2014 10/15/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $399,600 -- --
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 $15,956 $685,680 -- --
2023 $12,920 $623,345 $682,284 $0
2022 $12,193 $566,677 $0 $0
2021 $10,979 $525,177 $525,177 $0
2020 $10,061 $468,328 $468,328 $0
2019 $10,166 $468,328 $468,328 $0
2018 $9,925 $469,005 $469,005 $0
2017 $9,749 $469,005 $469,005 $0
2016 $9,274 $406,452 $0 $0
2015 $8,466 $369,502 $0 $0
2014 $6,843 $271,874 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10948500

BeachesMLS

APN: 73-41-44-34-01-003-0010