NOT LISTED FOR SALE

Estimated Value: $882,000 - $1,649,000

14 Beds
11 Baths
6,828 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $960,000 $141 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $9,223/month

137 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Central Heating and Cooling System
  • Wellington Landings Middle School Rated A-
  • Ceramic Tile Flooring
  • 4 Car Garage

About This Home

As of April 2021

Sugar Pond Townhomes Is A Unique Multi-Family Investment Opportunity. Constructed As A Quadplex This massive 8,378 Square Feet Building Sits On A Half Acre Of Land Located In The Equestrian Capital Of The World Wellington. Each Townhome Has A Average Of 2,000 Square Feet Of Space With A One Car Garage. The Two End Units Are 4 bedroom 2 And Half Bath Units. The Two Interior Units Are 3 bedroom 2 And Half Bedroom Units. Because Of It's Strong Economy And A Rated School Districted. Wellington Is A Strong Rental Demand Area.

Last Agent to Sell the Property

Ahmed Abdeldayem

KW Innovations License #3309101 Listed on: 10/15/2020

KW Innovations

Last Buyer's Agent

Ezio DeMelo

United Realty Group, Inc License #3036578

United Realty Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,944

Year Built

  • Built in 1998

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 6,828 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414404010460220

Community Details

Overview

  • 2 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $20,644
  • Net Operating Income $58,136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,944

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Directions: Wellington Trace to Hyacinth Place take turn onto sunflower crt property at the end of clu-de-sac
  • Year Built: 1998
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 6828.0

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 73414404010460220
  • Lot Size Sq Ft: 18552.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 58136.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 20644.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14944.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Mayta William B
Bought by
William Mayta Llc
Total Days on Market
137
Current Estimated Value
$1,306,201

Purchase Details

Listed on
Oct 15, 2020
Closed on
Mar 25, 2021
Sold by
Dipro Holdings Llc
Bought by
Mayta William B
Seller's Agent
Ahmed Abdeldayem
KW Innovations
Buyer's Agent
Ezio DeMelo
United Realty Group, Inc
List Price
$1,050,000
Sold Price
$960,000
Premium/Discount to List
-$90,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Nov 16, 2005
Sold by
Jafri Syed and Jafri Nighat
Bought by
Chang Peter Yu Kuen and Chang Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 2005
Sold by
Edelstein Steven
Bought by
Jafri Syad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Levy Scott and Binnicker William
Bought by
Edelstein Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,750
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Levy Scott
Bought by
Levy Scott and Binnicker William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
7%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Gordon George A and Gordon Valerie I
Bought by
Levy Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
7%

Purchase Details

Closed on
Sep 15, 1993
Sold by
Salter William L
Bought by
Talebzadeh Seyyed

Purchase Details

Closed on
Jul 1, 1993
Sold by
Salter William L and Salter Rebecca
Bought by
Salter William L

Purchase Details

Closed on
Jun 30, 1993
Sold by
Salter William L and Babcock Margaret M
Bought by
Salter William L and Salter Rebecca
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
William Mayta Llc -- Accommodation
Mayta William B $960,000 Performance T&E Llc
Chang Peter Yu Kuen $900,000 --
Jafri Syad $690,000 Complete Title Solutions Inc
Edelstein Steven $593,000 --
Levy Scott -- --
Levy Scott $535,000 --
Talebzadeh Seyyed $30,000 --
Salter William L -- --
Salter William L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Peter Yu Kuen $615,000
Previous Owner Jafri Syad $483,000
Previous Owner Edelstein Steven $468,800
Previous Owner Edelstein Steven $444,750
Previous Owner Levy Scott $476,000
Closed Jafri Syad $172,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $960,000 -8.6% $141 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
10/15/2020 10/15/20 For Sale $1,050,000 -- $154 / 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 $25,271 $1,245,477 -- --
2023 $25,477 $1,248,647 $258,497 $999,970
2022 $23,427 $1,135,134 $0 $0
2021 $18,216 $905,426 $120,000 $785,426
2020 $16,649 $820,566 $126,000 $694,566
2019 $14,955 $681,653 $126,000 $555,653
2018 $14,928 $699,117 $111,425 $587,692
2017 $13,468 $654,923 $101,295 $553,628
2016 $13,048 $543,772 $0 $0
2015 $11,700 $494,338 $0 $0
2014 $10,912 $449,398 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10663451

BeachesMLS

APN: 73-41-44-04-01-046-0220