NOT LISTED FOR SALE

12503 Cypress Island Way Wellington, FL 33414

Palm Beach Polo and Country Neighborhood

Estimated Value: $5,746,000 - $8,293,000

4 Beds
6 Baths
6,428 Sq Ft
$1,030/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $6,695,000 $1,042 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $45,608/month

312 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • 27,105 Sq Ft lot
  • Polo Park Middle School Rated A-
  • Private Pool
  • Wood Flooring

About This Home

As of March 2018

A one-of-a-kind remarkably designed new construction residence located in Cypress Island, hosting 4 bedrooms, 4 full and 2 half bathrooms with a four car garage. Beyond the front doors lies a grand formal living space, featuring a fireplace and massive windows overlooking the pool. Perfect for the entertainer, the floorpan easily flows from the formal living area to a full sized bar and seating area, featuring an impressive walk-in glass wine cooler, and beyond to a gourmet kitchen. No expense was spared in crafting the state-of-the-art kitchen, offering copious amounts of storage & dining spaces. Sliding doors open to an outdoor oasis, complete with a summer kitchen, dining and living space, beamed ceilings, as well as the resort-style pool & spa.

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 03/23/2017

Engel & Volkers Wellington

Last Buyer's Agent

Mark Norman

Douglas Elliman (Wellington) License #618990

Douglas Elliman (Wellington)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,169

Year Built

  • Built in 2017

Lot Details

  • 0.62 Acre Lot
  • Lake Front
  • South Facing Home
  • Property is zoned WELL_P

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 6,428 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 73414415210000050

Community Details

Overview

  • Cypress Island Of Palm Be Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,169

Year Built

Built in 2017

Lot Details

0

HOA Fees

$250 per month

Parking

4

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: 2017
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Wood
  • Living Area: 6428.0
  • Dining Room Type: Den, Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 250.0
  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414415210000050
  • Lot Size Sq Ft: 27105.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 14169.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Mar 1, 2018
Sold by
Estate Homes By Stock Llc
Bought by
Trouille Andre and Trouille Ellen
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Mark Norman
Douglas Elliman (Wellington)
List Price
$6,895,000
Sold Price
$6,695,000
Premium/Discount to List
-$200,000
-2.9%
Current Estimated Value
$6,901,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,539

Purchase Details

Listed on
Feb 19, 2013
Closed on
Sep 18, 2015
Sold by
Beldent Claudia
Bought by
Estate Homes By Stock Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
151.34%

Purchase Details

Closed on
Apr 23, 2012
Sold by
Palm Beach Polo Holdings Inc
Bought by
Beldent Claudia and The Verville North American Trust
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
Trouille Andre $6,695,000 Noble Title & Trust Llc
Estate Homes By Stock Llc $700,000 Attorney
Beldent Claudia $550,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $6,695,000 -2.9% $1,042 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
03/23/2017 03/23/17 For Sale $6,895,000 +885.0% $1,073 / Sq Ft
09/18/2015 09/18/15 Sold $700,000 -3.4% $109 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
02/19/2013 02/19/13 For Sale $725,000 -- $113 / 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 $86,887 $4,592,896 -- --
2023 $83,571 $4,178,298 $2,500,000 $2,280,815
2022 $76,671 $3,798,453 $0 $0
2021 $70,179 $3,609,324 $1,362,500 $2,246,824
2020 $63,351 $3,139,217 $1,000,000 $2,139,217
2019 $75,655 $3,712,233 $1,000,000 $2,712,233
2018 $16,652 $1,000,000 $1,000,000 $0
2017 $13,834 $682,600 $682,600 $0
2016 $14,169 $682,600 $0 $0
2015 $13,175 $577,655 $0 $0
2014 $11,390 $525,141 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Carol Sollak

    Engel & Volkers Wellington

    (561) 818-9476

    98 in this area

    143 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    Mark Norman

    Douglas Elliman (Wellington)

    (561) 762-3226

    20 in this area

    44 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10319085

BeachesMLS

APN: 73-41-44-15-21-000-0050

Florida Palm Beach County Wellington 33414 Palm Beach Polo and Country

12503 Cypress Island Way, Wellington, FL

This home is located at 12503 Cypress Island Way, Wellington, FL 33414 since 23 March 2017 and is currently estimated at $6,619,556, approximately $1,029 per square foot. This property was built in 2017. 12503 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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