NOT LISTED FOR SALE

12521 Cypress Island Way Wellington, FL 33414

Palm Beach Polo and Country Neighborhood

Estimated Value: $7,007,000 - $9,017,000

0.62 Acre
$12,457,410 Price per Acre
27,007 Sq Ft Lot

Last Sold September 15, 2014

Last sale price $750,000 $750,000 Per Sq Ft

Est. 930% increase in value since last sale

Current estimated payment $51,340/month

435 Days on Market

Highlights

  • Waterfront
  • 0.62 Acre Lot
  • Paved or Partially Paved Lot
  • Polo Park Middle School Rated A-

About This Lot

As of September 2014

This home is located at 12521 Cypress Island Way, Wellington, FL 33414 since 06 June 2013 and is currently estimated at $7,723,594, approximately $7,723,594 per square foot. 12521 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.

Last Agent to Sell the Property

Alexander Domb

Palm Beach Polo Realty License #357873 Listed on: 06/06/2013

Last Buyer's Agent

Don Langdon

Douglas Elliman License #3001101

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,964

Lot Details

  • 0.62 Acre Lot
  • Waterfront
  • North Facing Home
  • Paved or Partially Paved Lot
  • 31 Lots in the community

Home Design

  • 1 Sq Ft Home

Location

  • City Lot

Community Details

  • Cypress Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414415210000040

Property Details

Property Type

Land

Est. Annual Taxes

$5,964

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Directions: W FOREST HILL BLVD, LEFT POLO CLUB RD RIGHT ONTO CYPRESS ISLAND WAY
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: City Lot
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 420.0

Lot Info

  • Parcel #: 73414415210000040
  • Lot Size Acres: 0.62
  • Number Of Lots: 31
  • Zoning Description: RES

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5964.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2014
Sold by
Palm Beach Polo Holdings Inc
Bought by
Wellington Financial Llc
Current Estimated Value
$7,723,594
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
Wellington Financial Llc $750,000 Quality Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellington Financial Llc $2,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2014 09/15/14 Sold $750,000 +25.0% $750,000 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
06/06/2013 06/06/13 For Sale $600,000 -- $600,000 / 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 $112,058 $5,935,608 -- --
2023 $109,058 $5,418,650 $0 $0
2022 $101,397 $4,926,045 $0 $0
2021 $89,441 $4,478,223 $1,362,500 $3,115,723
2020 $88,987 $4,420,439 $1,000,000 $3,420,439
2019 $109,439 $5,381,895 $1,000,000 $4,381,895
2018 $99,876 $5,044,951 $1,000,000 $4,044,951
2017 $92,650 $4,621,745 $682,600 $3,939,145
2016 $14,169 $682,600 $0 $0
2015 $14,596 $682,684 $0 $0
2014 $6,666 $179,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Alexander Domb

    Palm Beach Polo Realty

  • D

    Buyer's Agent in 2014

    Don Langdon

    Douglas Elliman

    (561) 653-6100

    4 Total Sales

    Don Langdon
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Map

Source: BeachesMLS

MLS Number: R3372860

BeachesMLS

APN: 73-41-44-15-21-000-0040

Florida Palm Beach County Wellington 33414 Palm Beach Polo and Country

12521 Cypress Island Way, Wellington, FL

This home is located at 12521 Cypress Island Way, Wellington, FL 33414 since 06 June 2013 and is currently estimated at $7,723,594, approximately $7,723,594 per square foot. 12521 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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