$750,000
SOLD SEP 8, 2014
0.6 Acre
$1,250,000 Price per Acre
26,136 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

197 Days on Market

Highlights

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

About This Lot

As of June 2021

This home is located at 12533 Cypress Island Way, Wellington, FL 33414 and is currently priced at $750,000, approximately $109 per square foot. 12533 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: 01/23/2014

Last Buyer's Agent

Rodolfo Maya

Illustrated Properties LLC (We License #3158142

Illustrated Properties LLC (We

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,964

Lot Details

  • 0.6 Acre Lot
  • Waterfront
  • South Facing Home
  • Paved or Partially Paved Lot
  • 31 Lots in the community
  • Property is zoned PUD

Location

  • City Lot

Community Details

  • Cypress Island Of Palm Be Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414415210000030

Property Details

Property Type

Land

Est. Annual Taxes

$5,964

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Directions: Forest Hill Blvd to Polo Club Rd. and Palm Beach Polo Security Gate
  • 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: South

Utilities

  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 420.0

Lot Info

  • Parcel #: 73414415210000030
  • Lot Size Acres: 0.6
  • Number Of Lots: 31
  • Zoning Description: PUD

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5964.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 30, 2021
Sold by
Ad2 Development Inc
Bought by
Miller Brian and Brian C Miller Revocable Trust
Seller's Agent
Daniela Stransky Secchi
Bluestone Ventures Group, LLC
Buyer's Agent
Jeremy Greene
The Corcoran Group
List Price
$6,499,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,499,000
-23.07%
Current Estimated Value
$7,514,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,514,270
Avg. Annual Appreciation
10.39%

Purchase Details

Closed on
Mar 11, 2016
Sold by
Le Club Polo 3 Llc
Bought by
Ad2 Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2014
Sold by
Palm Beach Polo Holdings Inc
Bought by
Le Club Polo 3 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 Type Sale Price Title Company
Warranty Deed $5,000,000 Advantage Title
Warranty Deed $180,000 None Available
Warranty Deed $750,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Previous Owner $0 Unknown
Previous Owner $1,800,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $5,000,000 -23.1% $749 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $6,499,000 +766.5% $973 / Sq Ft
09/08/2014 09/08/14 Sold $750,000 0.0% $109 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $750,000 -- $109 / 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 $96,800 $5,121,695 -- --
2023 $98,489 $5,057,787 $0 $0
2022 $89,431 $4,597,988 $0 $0
2021 $67,827 $3,388,739 $1,362,500 $2,026,239
2020 $70,077 $3,475,355 $1,000,000 $2,475,355
2019 $73,457 $3,716,040 $1,000,000 $2,716,040
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 $14,596 $682,684 $0 $0
2014 $6,666 $179,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10010467

BeachesMLS

APN: 73-41-44-15-21-000-0030