NOT LISTED FOR SALE

1193 Mulberry Place Wellington, FL 33414

Sugar Pond Manor Neighborhood

Estimated Value: $703,000 - $1,076,000

3 Beds
2 Baths
3,018 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $615,000 $204 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,251/month

58 Days on Market

Highlights

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

About This Home

As of May 2021

Investors Dream ! Duplex located in the heart of Wellington - close to everything - shopping, schools, WEF. Nice fenced yard - both units are spacious 3 bedrooms / 2 baths with 1 car garages. One side is currently leased for $2,000 per month annually and the other side is vacant but being listed on the rental market soon so buyer should act fast if they prefer to use it for themselves.

Last Agent to Sell the Property

Suzanne Reed

Illustrated Properties LLC (We License #497419 Listed on: 02/10/2021

Illustrated Properties LLC (We

Last Buyer's Agent

Julio Madera

Premier Brokers International License #3341771

Premier Brokers International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,744

Year Built

  • Built in 1990

Lot Details

  • 0.29

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,018 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Additional Features

  • Patio
  • 0.29 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 73414404010660050

Community Details

Overview

  • 2 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $15,100
  • Net Operating Income $30,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,744

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Wellington Trace to Mulberry Place between Big Blue and GVS Blvd.
  • Year Built: 1990
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3018.0

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: 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 #: 73414404010660050
  • Lot Size Sq Ft: 12541.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 30500.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 15100.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7744.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Perez Luis and Perez Bernardina
Bought by
Perez Luis
Current Estimated Value
$883,542

Purchase Details

Closed on
Feb 3, 2025
Sold by
Payne Marylin and Payne Joshua
Bought by
Perez Luis and Perez Bernardina

Purchase Details

Closed on
Feb 7, 2022
Sold by
Perez and Bernardina
Bought by
Perez Luis and Perez Bernardina

Purchase Details

Listed on
Feb 10, 2021
Closed on
May 10, 2021
Sold by
Wasdin David W and Wasdin Christine H
Bought by
Perez Luis and Perez Bernardina
Seller's Agent
Suzanne Reed
Illustrated Properties LLC (We
Buyer's Agent
Julio Madera
Premier Brokers International
List Price
$645,000
Sold Price
$615,000
Premium/Discount to List
-$30,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$461,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2002
Sold by
Roberts Kristofer
Bought by
Wasdin David W and Wasdin Christine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%

Purchase Details

Closed on
May 22, 2000
Sold by
Roberts John C and Roberts Joanne T
Bought by
Roberts Kristofer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2000
Sold by
Howard Alfred and Howard Rhoda
Bought by
Roberts John C and Roberts Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1995
Sold by
Cloutier Norman E and Cloutier Rita T
Bought by
Howard Alfred and Howard Rhoda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
7.51%
Mortgage Type
New Conventional
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
Perez Luis -- None Listed On Document
Perez Luis -- None Listed On Document
Perez Luis -- --
Perez Luis -- --
Perez Luis -- Romero Law Center
Perez Luis $615,000 First American Title Ins Co
Wasdin David W $270,000 Sunbelt Title Agency
Roberts Kristofer R $200,000 --
Roberts John C $176,000 --
Howard Alfred $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Luis $461,250
Previous Owner Wasdin David W $200,000
Previous Owner Howard Alfred $180,000
Previous Owner Howard Alfred $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $615,000 +26639.1% $204 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/19/2021 03/19/21 For Rent $2,300 0.0% --
03/19/2021 03/19/21 Rented $2,300 0.0% --
02/10/2021 02/10/21 For Sale $645,000 -- $214 / 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 $7,401 $699,699 -- --
2023 $13,640 $636,090 $208,454 $517,956
2022 $12,035 $578,264 $0 $0
2021 $8,432 $410,830 $57,000 $353,830
2020 $7,744 $376,334 $59,850 $316,484
2019 $6,975 $313,037 $59,850 $253,187
2018 $6,381 $304,623 $52,927 $251,696
2017 $5,986 $285,268 $48,115 $237,153
2016 $5,825 $232,001 $0 $0
2015 $5,264 $210,910 $0 $0
2014 $4,870 $191,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Reed

    Seller's Agent in 2021

    Suzanne Reed

    Illustrated Properties LLC (We

    (561) 762-7877

    6 in this area

    27 Total Sales

    Suzanne Reed
    Section Image
  • Julio Madera

    Buyer's Agent in 2021

    Julio Madera

    Premier Brokers International

    (561) 667-1345

    1 in this area

    23 Total Sales

    Julio Madera
    Section Image
  • Kami Turturro

    Buyer's Agent in 2021

    Kami Turturro

    Dwell Realty Group

    (609) 382-2264

    37 Total Sales

    Kami Turturro
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10691315

BeachesMLS

APN: 73-41-44-04-01-066-0050

Florida Palm Beach County Wellington 33414 Sugar Pond Manor

1193 Mulberry Place, Wellington, FL

This home is located at 1193 Mulberry Place, Wellington, FL 33414 since 10 February 2021 and is currently estimated at $883,542, approximately $292 per square foot. This property was built in 1990. 1193 Mulberry Place is a home located in Palm Beach County with nearby schools including Wellington Elementary School, Wellington Landings Middle School, and Wellington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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