$430,000
SOLD JAN 24, 2025
3 Beds
2 Baths
1,835 Sq Ft
10,001 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

23% Below List Price

246 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Ceramic Tile Flooring
  • Binks Forest Elementary School Rated A-
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of January 2025

Nestled in the heart of one of Wellington's most sought-after communities, this property represents a rare and exciting opportunity for those with a vision and passion for renovation. This house, requiring a complete rehab, is a blank canvas awaiting your creative touch to transform it into a stunning, personalized masterpiece.

Last Agent to Sell the Property

Steve Shalaby

United Realty Group, Inc License #3243582 Listed on: 05/20/2024

United Realty Group, Inc

Last Buyer's Agent

Chunju Wang

The Keyes Company License #3470209

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,680

Year Built

  • Built in 1987

Lot Details

  • 10,001 Sq Ft Lot
  • Waterfront
  • Property is zoned PUD

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Family Room
  • Ceramic Tile Flooring
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Additional Features

  • Canal Access
  • Central Heating and Cooling System

Community Details

  • Sugar Pond Manor Of Welli Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414404010560470
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,680

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 441 to Forest Hill Rd, go south to Wellington Trace, go west to Greenview Shores Rd, go north to Meadow Ave, make a left into community. Then Right and go around until you find 1182 Raintree Ln.
  • Year Built: 1987
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1835.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Other
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

  • Community Features: Non-Gated, Sidewalks
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414404010560470
  • Lot Size Sq Ft: 10001.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5680.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jan 21, 2025
Sold by
Thayer Calvin Wade
Bought by
Gainsbrugh Martin and Liu Cuiping
Seller's Agent
Steve Shalaby
United Realty Group, Inc
Buyer's Agent
Chunju Wang
The Keyes Company
List Price
$559,000
Sold Price
$430,000
Premium/Discount to List
-$129,000
-23.08%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.02%
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 $430,000 None Listed On Document
Warranty Deed $430,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $337,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $113,000 Unknown
Previous Owner $45,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $599,999 0.0% $327 / Sq Ft
07/22/2025 07/22/25 Price Changed $3,999 0.0% $2 / Sq Ft
06/30/2025 06/30/25 Price Changed $600,000 0.0% $327 / Sq Ft
06/28/2025 06/28/25 Price Changed $599,999 0.0% $327 / Sq Ft
06/13/2025 06/13/25 Price Changed $600,000 -2.9% $327 / Sq Ft
06/10/2025 06/10/25 Price Changed $617,900 -0.3% $337 / Sq Ft
05/30/2025 05/30/25 Price Changed $619,500 -0.1% $338 / Sq Ft
05/21/2025 05/21/25 Price Changed $619,999 -0.8% $338 / Sq Ft
05/21/2025 05/21/25 Price Changed $625,000 0.0% $341 / Sq Ft
05/10/2025 05/10/25 For Rent $4,000 0.0% --
05/08/2025 05/08/25 Price Changed $620,000 -1.6% $338 / Sq Ft
05/02/2025 05/02/25 Price Changed $629,950 -3.1% $343 / Sq Ft
04/18/2025 04/18/25 Price Changed $649,950 0.0% $354 / Sq Ft
04/09/2025 04/09/25 Price Changed $650,000 -1.4% $354 / Sq Ft
04/03/2025 04/03/25 Price Changed $659,000 -0.9% $359 / Sq Ft
03/19/2025 03/19/25 For Sale $665,000 +54.7% $362 / Sq Ft
01/24/2025 01/24/25 Sold $430,000 -16.5% $234 / Sq Ft
11/12/2024 11/12/24 Price Changed $515,000 -0.8% $281 / Sq Ft
07/17/2024 07/17/24 Price Changed $519,000 -1.9% $283 / Sq Ft
07/01/2024 07/01/24 Price Changed $529,000 -1.9% $288 / Sq Ft
06/15/2024 06/15/24 Price Changed $539,000 -1.8% $294 / Sq Ft
05/27/2024 05/27/24 Price Changed $549,000 -1.8% $299 / Sq Ft
05/22/2024 05/22/24 For Sale $559,000 -- $305 / 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 $5,935 $309,244 -- --
2023 $5,680 $287,352 $0 $0
2022 $5,142 $267,269 $0 $0
2021 $4,696 $248,836 $0 $0
2020 $4,519 $240,206 $0 $0
2019 $4,416 $239,524 $0 $0
2018 $3,945 $214,560 $0 $0
2017 $3,922 $211,346 $0 $0
2016 $3,792 $199,160 $0 $0
2015 $3,706 $188,076 $0 $0
2014 $3,528 $177,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10989622

BeachesMLS

APN: 73-41-44-04-01-056-0470