NOT LISTED FOR SALE

1273 the 12th Fairway Unit 1273, 1275, 1277, 12 Wellington, FL 33414

South Shore Neighborhood

Estimated Value: $1,272,000 - $1,628,000

10 Beds
10 Baths
5,808 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $815,000 $140 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,704/month

55 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Elbridge Gale Elementary School Rated A-
  • Zero Lot Line
  • Ceiling Fan

About This Home

As of May 2021

THIS AMAZING QUAD PLEX IS SITUATED IN THE HEART OF WELLINGTON WITH NO HOA. THIS INCOME PROPERTY IS GREAT FOR INVESTORS OR FIRST TIME HOME BUYER, LIVE IN ONE AND RENT THE OTHER THREE UNITS. ALL THE UNITS ARE CURRENTLY RENTED AND HAVE THE EXACT SAME LAYOUT. ALL UNITS HAVE SEPARATE WATER AND ELECTRICITY METERS. A-RATED SCHOOLS, CLOSE TO EVERYTHING, INCLUDING THE WINTER EQUESTRIAN FESTIVAL ''WEF'' GROUNDS, WELLINGTON MALL, HOSPITALS, RESTAURANTS AND MUCH MORE. THIS IS A MUST SEE!!

Last Agent to Sell the Property

Dilenia Rivas

RE/MAX Excellence License #3311885 Listed on: 02/07/2021

RE/MAX Excellence

Last Buyer's Agent

Ravi Mohanka

Sainaam Realty & Investment License #3034455

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,311

Year Built

  • Built in 1991

Lot Details

  • Zero Lot Line

Home Design

  • Frame Construction

Interior Spaces

  • 5,808 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Water Views

Flooring

  • Laminate
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414402030090010

Community Details

Overview

  • 4 Units
  • South Shore No 4 Of Welli Subdivision

Building Details

  • Operating Expense $17,816
  • Net Operating Income $47,059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,311

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: 441 W, TO FOREST HILL RIGHT TO WELLINGTON TRACE LEFT ON 12TH FAIRWAY
  • Year Built: 1991
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 5808.0

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre, Zero Lot Line
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Central Air, Ceiling Fan(s), 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

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414402030090010
  • Lot Size: < 1/4 Acre,Zero Lot
  • Zoning Description: PUD/AR -

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 47059.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 17816.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12311.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Manjunath Chickballapur
Bought by
Manju Holdings 2 Llc
Current Estimated Value
$1,413,297

Purchase Details

Listed on
Feb 7, 2021
Closed on
May 4, 2021
Sold by
Tiburcio Felix and Tiburcio Maria
Bought by
Manjunath Chickballapur
Seller's Agent
Dilenia Rivas
RE/MAX Excellence
Buyer's Agent
Ravi Mohanka
Sainaam Realty & Investment
List Price
$839,900
Sold Price
$815,000
Premium/Discount to List
-$24,900
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$554,200
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Manju Holdings 2 Llc $541,700 --
Manjunath Chickballapur $815,000 Title Partners Of Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manjunath Chickballapur $554,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $815,000 -3.0% $140 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $839,900 -- $145 / 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 $23,590 $1,155,814 -- --
2023 $21,830 $1,058,918 $174,400 $884,518
2022 $19,040 $907,914 $0 $0
2021 $13,425 $738,074 $96,000 $642,074
2020 $12,311 $675,102 $100,800 $574,302
2019 $11,052 $560,240 $100,800 $459,440
2018 $9,777 $494,970 $95,040 $399,930
2017 $9,188 $463,228 $86,400 $376,828
2016 $8,943 $337,798 $0 $0
2015 $8,052 $307,089 $0 $0
2014 $7,534 $279,172 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dilenia Rivas

    Seller's Agent in 2021

    Dilenia Rivas

    RE/MAX

    (561) 633-6456

    1 in this area

    82 Total Sales

    Section Image
  • Ravi Mohanka

    Buyer's Agent in 2021

    Ravi Mohanka

    Sainaam Realty & Investment

    (561) 714-1196

    2 in this area

    357 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10690706

BeachesMLS

APN: 73-41-44-02-03-009-0010

Florida Palm Beach County Wellington 33414 South Shore

1273 the 12th Fairway Unit 1273, 1275, 1277, 12, Wellington, FL

This home is located at 1273 the 12th Fairway Unit 1273, 1275, 1277, 12, Wellington, FL 33414 since 07 February 2021 and is currently estimated at $1,413,982, approximately $243 per square foot. This property was built in 1991. 1273 the 12th Fairway Unit 1273, 1275, 1277, 12 is a home located in Palm Beach County with nearby schools including Elbridge Gale 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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