$642,000 - $680,000
RENTED NOV 26, 2024

1242 Raintree Ln Wellington, FL 33414

Sugar Pond Manor Neighborhood
3 Beds
2 Baths
2,300 Sq Ft
$284 Price per Sq Ft

Last Sold September 15, 2022

Last sale price $550,000 $239 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,476/month

Highlights

  • 80 Feet of Waterfront
  • Canal Access
  • Vaulted Ceiling
  • Binks Forest Elementary School Rated A-
  • Canal View
  • Formal Dining Room

About This Home

As of November 2024

This home can be rented Furnished for $4,350/month. Minutes away from the Equestrian, Polo venues, shopping, dining and more! Excellent school district. This home is ready for your either annual or seasonal stay, renovated and just about everything is new. Lots of natural light comes into the home, very spacious with an inviting open atmosphere into the living room, dining room, kitchen and family room. Split bedroom plan. Relaxing views from your screened patio overlooking the water and wild life. Sit by the bench under the tree and enjoy nature at its best after a hard day at the horse show.

Last Agent to Rent the Property

Andy Mandel

EXP Realty LLC License #3284048 Listed on: 10/16/2024

EXP Realty LLC

Last Renter's Agent

Carlos Arellano

Southfields Real Estate, Inc. License #416282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,060

Year Built

  • Built in 1985

Lot Details

  • 80 Feet of Waterfront
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Garden

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Sugar Pond Subdivision

Listing and Financial Details

  • Property Available on 9/9/24
  • Rent includes gardener
  • Renewal Option
  • Assessor Parcel Number 73414404010560410

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,060

Year Built

Built in 1985

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-09-09

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1985
  • Lease Renewal Option: Yes
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, First Floor Entry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Living Area: 2300.0
  • Dining Room Type: Family Room, Laundry

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Garden
  • Road Frontage Type: Waterfront
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Roof: Flat, Tile
  • FrontageLengthRemarks: 80

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener
  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Breed Restrictions, Number Limit, Yes

Lot Info

  • Parcel #: 73414404010560410
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Sidewalks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 14, 2022
Sold by
Distant Star Llc
Bought by
Stephens Lora A
Seller's Agent
Jennifer Drahan
Keller Williams Realty - Welli
Buyer's Agent
Erin Pierce
One Sotheby's International Realty
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$652,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,307
Avg. Annual Appreciation
6.06%
Original Mortgage
$412,500
Outstanding Balance
$396,746
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$256,318

Purchase Details

Listed on
Jul 8, 2016
Closed on
Nov 15, 2016
Sold by
Michale Nicholas J and Michale Maria D
Bought by
Distant Star Llc
Seller's Agent
Lisa Menard
EXP Realty LLC
Buyer's Agent
Jennifer Drahan
Keller Williams Realty - Welli
List Price
$379,900
Sold Price
$332,500
Premium/Discount to List
-$47,400
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Interest Rate
3.94%

Purchase Details

Closed on
Jul 29, 1993
Sold by
Michael Dena Z
Bought by
Fidelity Fed Sav Bk Fl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.34%
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
Stephens Lora A $550,000 --
Distant Star Llc $332,500 Attorney
Fidelity Fed Sav Bk Fl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Lora A $412,500
Previous Owner Dena Z Michael Revocable Trust --
Previous Owner Michael Constantine Z $160,000
Previous Owner Michael Constantine Z $167,768
Previous Owner Michael Constantin Z $100,000
Previous Owner Michael Constantin Z $17,581
Previous Owner Michael Dena Z $10,297
Previous Owner Fidelity Fed Sav Bk Fl $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Rented $5,000 0.0% --
11/26/2024 11/26/24 Rented $5,000 +25.0% --
11/25/2024 11/25/24 Under Contract -- -- --
11/22/2024 11/22/24 Under Contract -- -- --
10/16/2024 10/16/24 For Rent $4,000 -42.9% --
10/02/2024 10/02/24 Price Changed $7,000 -12.5% $3 / Sq Ft
09/09/2024 09/09/24 For Rent $8,000 0.0% --
09/15/2022 09/15/22 Sold $550,000 0.0% $239 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $550,000 0.0% $239 / Sq Ft
07/23/2021 07/23/21 Rented $2,500 0.0% --
07/23/2021 07/23/21 For Rent $2,500 0.0% --
06/24/2020 06/24/20 Rented $2,500 0.0% --
06/24/2020 06/24/20 For Rent $2,500 +8.7% --
03/15/2017 03/15/17 Rented $2,300 0.0% --
02/13/2017 02/13/17 Under Contract -- -- --
12/31/2016 12/31/16 For Rent $2,300 0.0% --
11/15/2016 11/15/16 Sold $332,500 -12.5% $145 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $379,900 -- $165 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $11,060 $549,504 -- --
2023 $11,249 $556,714 $218,500 $338,214
2022 $8,265 $377,589 $0 $0
2021 $7,389 $343,263 $90,000 $253,263
2020 $7,123 $329,109 $94,500 $234,609
2019 $7,261 $332,180 $94,500 $237,680
2018 $6,501 $302,744 $89,115 $213,629
2017 $6,600 $304,205 $81,014 $223,191
2016 $6,023 $265,936 $0 $0
2015 $5,788 $241,760 $0 $0
2014 $5,339 $219,782 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andy Mandel

    Landlord's Agent in 2024

    Andy Mandel

    EXP Realty LLC

    (954) 379-2912

    351 Total Sales

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  • Carlos Arellano

    Tenant's Agent in 2024

    Carlos Arellano

    Southfields Real Estate, Inc.

    (561) 644-2474

    28 Total Sales

    Section Image

  • J

    Seller's Agent in 2022

    Jennifer Drahan

    Keller Williams Realty - Welli

    (561) 318-1208

    3 in this area

    101 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Betsy Keiser

    Keller Williams Realty - Welli

    (561) 472-1236

    2 in this area

    97 Total Sales

    Section Image

  • E

    Buyer's Agent in 2022

    Erin Pierce

    One Sotheby's International Realty

    (954) 294-3934

    1 in this area

    12 Total Sales

    Section Image
  • Mary Cannon

    Buyer's Agent in 2017

    Mary Cannon

    RE/MAX

    (561) 791-4567

    22 Total Sales

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10466719

BeachesMLS (Greater Fort Lauderdale)

APN: 73-41-44-04-01-056-0410

Florida Palm Beach County Wellington 33414 Sugar Pond Manor

1242 Raintree Ln, Wellington, FL

This home is located at 1242 Raintree Ln, Wellington, FL 33414 since 16 October 2024 and is currently priced at $652,307. This property was built in 1985. 1242 Raintree Ln is a home located in Palm Beach County with nearby schools including Binks Forest 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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