NOT LISTED FOR SALE

12411 Cypress Island Way Wellington, FL 33414

Palm Beach Polo and Country Neighborhood

Estimated Value: $6,861,000 - $8,654,000

5 Beds
5.5 Baths
7,040 Sq Ft
$1,055/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $4,700,000 $668 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $48,880/month

784 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Heated Pool
  • Polo Park Middle School Rated A-
  • Gated with Attendant
  • 32,751 Sq Ft lot

About This Home

As of December 2020

Entering this truly stunning estate home in the Cypress Island community of Palm Beach Polo you are aware of why South Florida is an oasis of the indoor/outdoor lifestyle. This 5 Bedroom, 5.5 Bath two story pool home with a four car garage boasts quality workmanship and unique appointments throughout. Step into the elegant living room and formal dining room perfect for entertaining. The adjacent kitchen and family room feature the utmost balance of beauty and functionality, superb for serious cooking and informal gatherings with family and friends. Master bedroom suite luxuries include walk-in closets, marble bathroom and state of the art fitness room. The second floor bedrooms and lounge with expansive open terrace offer a spectacular view overlooking the water and the notable Cypress

Last Agent to Sell the Property

Mark Norman

Douglas Elliman (Wellington) License #618990 Listed on: 09/17/2018

Douglas Elliman (Wellington)

Co-Listed By

Kristina Lloyd

Douglas Elliman (Wellington) License #663373

Last Buyer's Agent

Maria Mendelsohn

Douglas Elliman (Wellington) License #3207396

Douglas Elliman (Wellington)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,833

Year Built

  • Built in 2012

Lot Details

  • 0.75 Acre Lot
  • Lake Front
  • Fenced
  • Sprinkler System
  • Property is zoned WELL_P

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 7,040 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Heated Pool
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414415210000100

Community Details

Overview

  • Association fees include common areas
  • Private Membership Available
  • Cypress Island Of Palm Be Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,833

Year Built

Built in 2012

Lot Details

0

HOA Fees

$276 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Blvd or Southshore to Palm Beach Polo and Country Club Security gate.
  • Year Built: 2012
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Fireplace, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 7040.0
  • Dining Room Type: Den
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Porch, Patio
  • View: Golf Course, Lake
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 276.0
  • Community Features: Golf, Golf Course Community, Gated, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Golf Course, Private Membership, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 73414415210000100
  • Lot Size Sq Ft: 32751.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 93833.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Nolan Kevin and Nolan Lindsay
Bought by
Wellington Acquisition Llc
Current Estimated Value
$7,425,028

Purchase Details

Listed on
Sep 17, 2018
Closed on
Dec 9, 2020
Sold by
Fialkow Anita and Smith Ilene
Bought by
Nolan Kevin and Nolan Lindsay
Seller's Agent
Mark Norman
Douglas Elliman (Wellington)
Buyer's Agent
Maria Mendelsohn
Douglas Elliman (Wellington)
List Price
$6,200,000
Sold Price
$4,700,000
Premium/Discount to List
-$1,500,000
-24.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%

Purchase Details

Listed on
Dec 19, 2011
Closed on
Oct 9, 2012
Sold by
Cypress Equestrian Llc
Bought by
Fialkow Anita and Fialkow Steven
Seller's Agent
Don Langdon
Douglas Elliman
Buyer's Agent
Casey Flannery
Equestrian Sotheby's International Realty Inc.
List Price
$3,995,000
Sold Price
$3,995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Closed on
Feb 2, 2011
Sold by
Palm Beach Polo Holdings Inc
Bought by
Cypress Equestrian Llc
Source: Public Records

Range of Values:

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Average Value
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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
Wellington Acquisition Llc $6,800,000 None Listed On Document
Nolan Kevin $4,700,000 Attorney
Fialkow Anita $3,995,000 Attorney
Cypress Equestrian Llc $600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolan Kevin $3,185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $4,700,000 -24.2% $668 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
09/17/2018 09/17/18 For Sale $6,200,000 +55.2% $881 / Sq Ft
10/16/2012 10/16/12 Sold $3,995,000 0.0% $619 / Sq Ft
09/16/2012 09/16/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $3,995,000 -- $619 / 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 $101,515 $5,331,005 -- --
2023 $98,376 $4,846,368 $0 $0
2022 $90,969 $4,405,789 $0 $0
2021 $80,058 $4,005,263 $1,362,500 $2,642,763
2020 $77,458 $3,844,273 $1,000,000 $2,844,273
2019 $93,879 $4,612,899 $1,000,000 $3,612,899
2018 $75,813 $3,865,036 $0 $0
2017 $75,147 $3,785,540 $0 $0
2016 $75,395 $3,707,679 $0 $0
2015 $77,146 $3,681,906 $0 $0
2014 $77,303 $3,652,685 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Norman

    Douglas Elliman (Wellington)

    (561) 762-3226

    20 in this area

    45 Total Sales

    Mark Norman
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kristina Lloyd

    Douglas Elliman (Wellington)

    (561) 670-4270

    41 in this area

    66 Total Sales

    Kristina Lloyd
    Section Image
  • Maria Mendelsohn

    Buyer's Agent in 2020

    Maria Mendelsohn

    Douglas Elliman (Wellington)

    (561) 758-1605

    17 in this area

    72 Total Sales

    Maria Mendelsohn
    Section Image

  • D

    Seller's Agent in 2012

    Don Langdon

    Douglas Elliman

    (561) 653-6100

    4 Total Sales

    Don Langdon
    Section Image

  • C

    Buyer's Agent in 2012

    Casey Flannery

    Equestrian Sotheby's International Realty Inc.

    (561) 718-1472

    60 in this area

    120 Total Sales

    Casey Flannery
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10464738

BeachesMLS

APN: 73-41-44-15-21-000-0100

Florida Palm Beach County Wellington 33414 Palm Beach Polo and Country

12411 Cypress Island Way, Wellington, FL

This home is located at 12411 Cypress Island Way, Wellington, FL 33414 since 17 September 2018 and is currently estimated at $7,425,028, approximately $1,054 per square foot. This property was built in 2012. 12411 Cypress Island Way is a home located in Palm Beach County with nearby schools including New Horizons Elementary School, Polo Park 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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