NOT LISTED FOR SALE

12455 Cypress Island Way Wellington, FL 33414

Palm Beach Polo and Country Neighborhood

Estimated Value: $3,021,000 - $12,149,377

0.75 Acre
$10,102,454 Price per Acre
32,706 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $1,500,000

Est. 406% increase in value since last sale

Current estimated payment $42,697/month

Highlights

  • Lake Front
  • Polo Park Middle School Rated A-
  • 32,706 Sq Ft lot

About This Lot

As of July 2020

Entered for comp purposes only.

Last Agent to Sell the Property

Martha Jolicoeur

Douglas Elliman (Wellington) License #3079727 Listed on: 07/15/2020

Douglas Elliman (Wellington)

Co-Listed By

Mark Norman

Douglas Elliman (Wellington) License #618990

Last Buyer's Agent

Melanie Peterson

Douglas Elliman (Wellington) License #3253137

Douglas Elliman (Wellington)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,432

Lot Details

  • 0.75 Acre Lot
  • Lake Front
  • Site Plan Filed
  • Property is zoned WELL_P

HOA Fees

  • $276 Monthly HOA Fees

Location

  • City Lot

Community Details

  • Cypress Island Of Palm Be Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414415210000070

Property Details

Property Type

Land

Est. Annual Taxes

$18,432

Lot Details

0

HOA Fees

$276 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Cypress Island to Lot 7
  • Special Features: None

Exterior Features

  • Lot Features: City Lot
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 276.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414415210000070
  • Development Status: Site Plan Filed
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 32706.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 18432.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Jul 14, 2020
Sold by
Cypress Island 2 Llc
Bought by
Broder Paul
Seller's Agent
Martha Jolicoeur
Douglas Elliman (Wellington)
Buyer's Agent
Melanie Peterson
Douglas Elliman (Wellington)
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$7,585,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,085,189
Avg. Annual Appreciation
35.93%

Purchase Details

Closed on
Oct 11, 2018
Sold by
Cypress Island 1 Llc
Bought by
Cypress Island 2 Llc

Purchase Details

Closed on
Jun 30, 2017
Sold by
Cypress 21 Llc
Bought by
Cypress Island I Llc

Purchase Details

Closed on
Jun 1, 2017
Bought by
Cypress Island 1 Llc

Purchase Details

Closed on
Jul 18, 2011
Sold by
Palm Beach Polo Holdings Inc
Bought by
Cypress 21 Llc
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
Broder Paul $7,975,000 Attorney
Cypress Island 2 Llc -- Attorney
Cypress Island I Llc $270,000 Trilogy Title Services Inc
Cypress Island 1 Llc $2,700,000 --
Cypress 21 Llc $1,220,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $1,500,000 0.0% --
07/15/2020 07/15/20 For Sale $1,500,000 -- --
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 $31,680 $1,325,584 -- --
2023 $29,786 $1,205,076 $0 $0
2022 $118,033 $5,202,925 $0 $0
2021 $94,435 $4,729,932 $1,226,250 $3,503,682
2020 $78,973 $3,919,943 $900,000 $3,019,943
2019 $18,441 $900,000 $900,000 $0
2018 $35,672 $1,800,000 $1,800,000 $0
2017 $24,718 $1,228,680 $1,228,680 $0
2016 $25,321 $1,228,680 $0 $0
2015 $26,120 $1,155,310 $0 $0
2014 $22,549 $1,050,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martha Jolicoeur

    Seller's Agent in 2020

    Martha Jolicoeur

    Douglas Elliman (Wellington)

    (561) 797-8040

    27 in this area

    88 Total Sales

    Martha Jolicoeur
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Mark Norman

    Douglas Elliman (Wellington)

    (561) 762-3226

    18 in this area

    42 Total Sales

    Mark Norman
    Section Image
  • Melanie Peterson

    Buyer's Agent in 2020

    Melanie Peterson

    Douglas Elliman (Wellington)

    (561) 870-6587

    42 Total Sales

    Melanie Peterson
    Section Image
  • Kimberly Losee

    Buyer Co-Listing Agent in 2020

    Kimberly Losee

    Douglas Elliman (Wellington)

    (561) 653-6195

    42 Total Sales

    Kimberly Losee
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10639138

BeachesMLS

APN: 73-41-44-15-21-000-0070

Florida Palm Beach County Wellington 33414 Palm Beach Polo and Country

12455 Cypress Island Way, Wellington, FL

This home is located at 12455 Cypress Island Way, Wellington, FL 33414 since 15 July 2020 and is currently estimated at $7,585,189. 12455 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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