NOT LISTED FOR SALE

12446 Cypress Island Way Wellington, FL 33414

Palm Beach Polo and Country Neighborhood

Estimated Value: $6,473,000 - $7,502,529

4 Beds
6.5 Baths
5,908 Sq Ft
$1,204/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $5,850,000 $990 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $45,811/month

315 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • 28,067 Sq Ft lot
  • Polo Park Middle School Rated A-
  • Heated Pool
  • Private Membership Available

About This Home

As of March 2021

Proudly introducing Arabella. Elevated to the highest level of luxury and comfort, this remarkable Cypress Island estate has been totally made new and enhanced inside and out; offered with bespoke, custom furnishings curated by world-renowned Marc-Michaels Interior Design. Situated on a waterfront lot in the prestigious Palm Beach Polo Golf and Country Club, the updated and luxurious single-story design features almost 6,000 sq ft of living space, 4 bedrooms, 6 full baths, one half bath, and a 3-car garage. The modern, open floor plan includes a state-of-the-art chef's kitchen with Wolf appliances, a glass enclosed walk-in wine cellar with adjacent formal dining room, and a hand-built fireplace centering the living room.

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 04/07/2020

Engel & Volkers Wellington

Last Buyer's Agent

Jason Shinn

Triple Crown Properties License #624792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,396

Year Built

  • Built in 2012

Lot Details

  • 0.64 Acre Lot
  • Lake Front
  • Fenced
  • Property is zoned WELL_P

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 5,908 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Arched Windows
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Impact Glass
  • Attic

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414415210000220

Community Details

Overview

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

Recreation

  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,396

Year Built

Built in 2012

Lot Details

0

HOA Fees

$276 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palm Beach Polo to Cypress Island
  • Year Built: 2012
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Kitchen/Dining Combo, Split Bedrooms, Walk-In Closet(s), Attic
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 5908.0
  • Dining Room Type: Attic, Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Arched, Impact Glass

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 276.0
  • Community Features: Clubhouse, Gated, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Private Membership, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other, Security

Lot Info

  • Parcel #: 73414415210000220
  • Lot Size Sq Ft: 28067.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 48396.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
Mar 19, 2021
Sold by
The Commerce Fund Of Florida Llc
Bought by
Adelson Warren and Adelson Jan
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Jason Shinn
Triple Crown Properties
List Price
$6,495,000
Sold Price
$5,850,000
Premium/Discount to List
-$645,000
-9.93%
Current Estimated Value
$7,112,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,262,176
Avg. Annual Appreciation
4.34%
Original Mortgage
$3,000,000
Outstanding Balance
$2,690,653
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$4,421,523

Purchase Details

Closed on
Apr 23, 2020
Sold by
Ginsburg Ronald M and Ginsburg Ronald M
Bought by
The Commerce Fund Of Florida Llc

Purchase Details

Listed on
Apr 10, 2019
Closed on
Dec 20, 2019
Sold by
Perretti Cynthia K
Bought by
Ginsburg Ronald M and Alan H Ginsburg Irrevocable Tr
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$4,750,000
Sold Price
$4,100,000
Premium/Discount to List
-$650,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%

Purchase Details

Closed on
Mar 28, 2011
Sold by
Palm Beach Polo Holdings Inc
Bought by
Perretti William J and Perretti Cynthia K
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
Adelson Warren $5,850,000 Attorney
The Commerce Fund Of Florida Llc -- Attorney
Ginsburg Ronald M $4,100,000 Attorney
Perretti William J $700,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adelson Warren $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2021 03/19/21 Sold $5,850,000 -9.9% $990 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
04/07/2020 04/07/20 For Sale $6,495,000 +58.4% $1,099 / Sq Ft
12/20/2019 12/20/19 Sold $4,100,000 -13.7% $694 / Sq Ft View Prior Sale
11/20/2019 11/20/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $4,750,000 -- $804 / 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 $98,816 $5,270,809 -- --
2023 $99,441 $5,068,401 $0 $0
2022 $89,618 $4,607,637 $0 $0
2021 $67,326 $3,363,475 $1,498,750 $1,864,725
2020 $58,685 $2,906,008 $1,100,000 $1,806,008
2019 $48,420 $2,407,906 $0 $0
2018 $46,238 $2,363,009 $0 $0
2017 $45,827 $2,314,406 $0 $0
2016 $45,971 $2,266,803 $0 $0
2015 $47,035 $2,251,046 $0 $0
2014 $47,149 $2,233,181 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Sollak

    Seller's Agent in 2021

    Carol Sollak

    Engel & Volkers Wellington

    (561) 818-9476

    92 in this area

    138 Total Sales

    Carol Sollak
    Section Image
  • Jason Shinn

    Buyer's Agent in 2021

    Jason Shinn

    Triple Crown Properties

    (561) 371-4735

    2 in this area

    45 Total Sales

    Jason Shinn
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10614811

BeachesMLS

APN: 73-41-44-15-21-000-0220

Florida Palm Beach County Wellington 33414 Palm Beach Polo and Country

12446 Cypress Island Way, Wellington, FL

This home is located at 12446 Cypress Island Way, Wellington, FL 33414 since 07 April 2020 and is currently estimated at $7,112,176, approximately $1,203 per square foot. This property was built in 2012. 12446 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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