NOT LISTED FOR SALE

12549 Cypress Island Way Wellington, FL 33414

Palm Beach Polo and Country Neighborhood

Estimated Value: $6,552,000 - $9,159,000

4 Beds
6 Baths
6,246 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $6,237,000 $999 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $50,766/month

506 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Private Pool
  • Polo Park Middle School Rated A-
  • New Construction
  • 24,211 Sq Ft lot

About This Home

As of January 2021

An outstanding creation..This new construction home is brought to life by the innovative masterminds at Soco Interiors and Stock Custom Homes and is ideally located in the private community of Palm Beach Polo on a water-front half acre lot. This custom build features 4 bedrooms, 4 full baths, 2 half baths, split 4 car garage, and just under 7,000 square feet of living space. Reaching its fullest potential as an entertainer's dream- this property boasts an oversized patio with private space for both owners and guests with a luxurious pool, outdoor kitchen, dining area, and multiple fireplaces. Inside you'll find exquisite finishes throughout the bedrooms, each featuring private baths and walk-in closets.

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 08/11/2019

Engel & Volkers Wellington

Last Buyer's Agent

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 08/11/2019

Engel & Volkers Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,323

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.56 Acre Lot
  • Lake Front
  • Property is zoned WELL_P

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 6,246 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 73414415210000010

Community Details

Overview

  • Private Membership Available
  • Cypress Island Of Palm Be Subdivision

Recreation

  • Community Pool
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,323

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$276 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: 2019
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Fireplace, Split Bedrooms, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Living Area: 6246.0
  • Dining Room Type: Den, Great Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

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, Smoke Detector(s)
  • Cooling: Central Air, 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: Gated, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Private Membership, Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414415210000010
  • Lot Size Sq Ft: 24211.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 16323.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2019
Closed on
Jan 29, 2021
Sold by
Estate Homes By Stock Llc
Bought by
Galley Patrick W and Galley Cindy F
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$6,995,000
Sold Price
$6,237,000
Premium/Discount to List
-$758,000
-10.84%
Current Estimated Value
$7,653,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,416,694
Avg. Annual Appreciation
4.74%
Original Mortgage
$3,850,000
Outstanding Balance
$3,476,993
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$4,211,301

Purchase Details

Closed on
Jun 7, 2018
Sold by
Le Club Polo 1 Llc
Bought by
Estate Homes By Stock Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.54%

Purchase Details

Listed on
Oct 26, 2017
Closed on
Mar 26, 2018
Sold by
Le Club Polo 1 Llc
Bought by
Estate Homes By Stock
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$1,275,500
Sold Price
$1,200,000
Premium/Discount to List
-$75,500
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.66%

Purchase Details

Closed on
Jun 6, 2014
Sold by
Palm Beach Polo Holdings Inc
Bought by
Le Club Polo 1 Llc
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
Galley Patrick W $6,237,000 Noble Title & Trust Llc
Estate Homes By Stock Llc $100 --
Estate Homes By Stock $1,200,000 Attorney
Le Club Polo 1 Llc $850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galley Patrick W $3,850,000
Previous Owner Estate Homes By Stock Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $6,237,000 -10.8% $999 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
08/11/2019 08/11/19 For Sale $6,995,000 +482.9% $1,120 / Sq Ft
03/26/2018 03/26/18 Sold $1,200,000 -5.9% $192 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
10/26/2017 10/26/17 For Sale $1,275,500 +50.1% $204 / Sq Ft
09/08/2014 09/08/14 Sold $850,000 0.0% $136 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $850,000 -- $136 / 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 $98,642 $5,219,924 -- --
2023 $101,031 $5,173,820 $0 $0
2022 $91,468 $4,703,473 $0 $0
2021 $65,690 $3,443,953 $1,294,375 $2,149,578
2020 $19,239 $950,000 $950,000 $0
2019 $19,453 $950,000 $950,000 $0
2018 $16,323 $950,000 $950,000 $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

  • C

    Seller's Agent in 2021

    Carol Sollak

    Engel & Volkers Wellington

    (561) 818-9476

    98 in this area

    143 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Tawny Wolf

    Engel & Volkers Wellington

    (727) 501-6384

    2 in this area

    18 Total Sales

    Section Image

  • A

    Seller's Agent in 2014

    Alexander Domb

    Palm Beach Polo Realty

  • Rodolfo Maya

    Buyer's Agent in 2014

    Rodolfo Maya

    Illustrated Properties LLC (We

    (954) 588-8882

    4 in this area

    25 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10553416

BeachesMLS

APN: 73-41-44-15-21-000-0010

Florida Palm Beach County Wellington 33414 Palm Beach Polo and Country

12549 Cypress Island Way, Wellington, FL

This home is located at 12549 Cypress Island Way, Wellington, FL 33414 since 11 August 2019 and is currently estimated at $7,653,694, approximately $1,225 per square foot. This property was built in 2019. 12549 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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