NOT LISTED FOR SALE

Estimated Value: $860,000 - $928,000

-- Bed
4 Baths
3,972 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $875,000 $220 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,158/month

30 Days on Market

Highlights

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

About This Home

As of July 2024

Dream investment opportunity in the heart of Wellington, Fl. Minutes to world renowned Wellington Equestrian Center, the National Polo Center, and top-tier equestrian facilities.This charming DUPLEX with a 2021 ROOF, rents for over $60,000 per season as-is. Each unit features comfortable living spaces, a 4 bedroom 2 bathroom unit and a 3 bedroom 2.5 bathroom unit each featuring a 1 car garage. Ideal for seasonal rentals or full time living.This duplex offers a fantastic opportunity to renovate and customize to your taste, adding significant value; Or ''house hack'' live in one unit while renting out the other, Maximizing your investment and offsetting costs. Top-rated school zone makes this a perfect choice for families. Enjoy the Winter Equestrian Festival, golf courses and parks

Last Agent to Sell the Property

Shannon Zahn

Blue View Real Estate License #3458328 Listed on: 06/25/2024

Last Buyer's Agent

Roxana Campbell

Re/Max Direct License #63064300

Re/Max Direct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,736

Year Built

  • Built in 1996

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,972 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414404010650110

Community Details

Overview

  • 2 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $5
  • Net Operating Income $65,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,736

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Southern west, left onto forest hill blvd, right onto wellington trace, left onto Mulberry Pl, left onto Staghorn, left into driveway
  • Year Built: 1996
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Other, Tile, Vinyl
  • Living Area: 3972.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414404010650110
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 12733.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 65000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 5.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14736.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jul 23, 2024
Sold by
1135 Staghorn Properties Llc
Bought by
Sabah Saadi and Sabah Nicole
Seller's Agent
Shannon Zahn
Blue View Real Estate
Buyer's Agent
Roxana Campbell
Re/Max Direct
List Price
$949,999
Sold Price
$875,000
Premium/Discount to List
-$74,999
-7.89%
Views
5
Current Estimated Value
$894,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,981
Avg. Annual Appreciation
2.07%
Original Mortgage
$612,500
Outstanding Balance
$606,218
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$288,763

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 2, 2021
Sold by
Staghorn Properties Llc
Bought by
1135 Staghorn Properties Llc
Seller's Agent
Adrienne Carruthers PA
Keller Williams Realty - Welli
Buyer's Agent
Vivian Li
Keller Williams Realty Boca Raton
List Price
$650,000
Sold Price
$651,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%

Purchase Details

Closed on
Mar 14, 2005
Sold by
Sunward Properties Inc
Bought by
Staghorn Properties Llc

Purchase Details

Closed on
Feb 2, 1996
Sold by
Emile Sabga Tr
Bought by
Sunward Properties Inc
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 Buyer Sale Price Title Company
Sabah Saadi $875,000 Fortune Title
Sabah Saadi $875,000 Fortune Title
1135 Staghorn Properties Llc $651,000 Attorney
Staghorn Properties Llc -- --
Sunward Properties Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabah Saadi $612,500
Closed Sabah Saadi $612,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $875,000 -7.9% $220 / Sq Ft
06/25/2024 06/25/24 For Sale $949,999 +45.9% $239 / Sq Ft
12/02/2021 12/02/21 Sold $651,000 +0.2% $164 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $650,000 -- $164 / 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 $15,486 $761,443 -- --
2023 $14,736 $692,221 -- --
2022 $13,020 $629,292 -- --
2021 $9,892 $490,265 $60,000 $430,265
2020 $9,043 $442,912 $63,000 $379,912
2019 $8,123 $367,042 $63,000 $304,042
2018 $7,742 $378,377 $55,712 $322,665
2017 $7,225 $350,299 $50,648 $299,651
2016 $7,006 $287,220 $0 $0
2015 $6,313 $261,109 $0 $0
2014 $5,864 $237,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10999169

BeachesMLS

APN: 73-41-44-04-01-065-0110