NOT LISTED FOR SALE

13892 Folkestone Cir Wellington, FL 33414

Greenview Shores Neighborhood

Estimated Value: $1,087,490 - $1,648,000

-- Bed
6 Baths
4,840 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $450,000 $93 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $9,195/month

206 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 4 Car Garage
  • Polo Park Middle School Rated A-

About This Home

As of October 2013

Large 4-plex, consists of 1 duplex and 2 villas. Tile floors throughout. Each unit has separate 1 car garrage. Close to show grounds and school.

Last Agent to Sell the Property

Sina Nowak

Fine Living Realty of Palm Beaches License #3234574 Listed on: 02/28/2013

Last Buyer's Agent

Sina Nowak

Fine Living Realty of Palm Beaches License #3234574 Listed on: 02/28/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,280

Year Built

  • Built in 1990

Lot Details

  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,840 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $52,800
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 73414409020760040

Community Details

Overview

  • 4 Units
  • Greenview Shores 02 Welli Subdivision

Building Details

  • Operating Expense $6,987
  • Net Operating Income $45,813

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,280

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Directions: South Shore to Greenview Shores
  • Year Built: 1990
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4840.0

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Spanish Tile, Tile

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, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 73414409020760040
  • Zoning Description: Rs

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 45813.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 6987.0
  • Total Actual Rent: 52800.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8280.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2013
Closed on
Oct 23, 2013
Sold by
Gerena Norma
Bought by
Chen Jian Cheng
Seller's Agent
Sina Nowak
Fine Living Realty of Palm Beaches
Buyer's Agent
Sina Nowak
Fine Living Realty of Palm Beaches
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Current Estimated Value
$1,393,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,123
Avg. Annual Appreciation
9.36%
Original Mortgage
$337,500
Outstanding Balance
$258,768
Interest Rate
4.57%
Mortgage Type
New Conventional
Estimated Equity
$1,042,337

Purchase Details

Closed on
Jun 19, 2000
Sold by
P B Holdings Llc
Bought by
Gerena Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.27%
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
Chen Jian Cheng $450,000 Harbor Land Title Llc
Gerena Norma $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jian Cheng $337,500
Previous Owner Gerena Norma $100,000
Previous Owner Gerena Norma $245,300
Previous Owner Gerena Norma $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $450,000 -14.3% $93 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $525,000 -- $108 / 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 $19,422 $898,084 -- --
2023 $19,156 $816,440 $0 $0
2022 $16,872 $742,218 $0 $0
2021 $14,985 $694,584 $120,000 $574,584
2020 $13,580 $613,404 $120,000 $493,404
2019 $12,712 $563,188 $120,000 $443,188
2018 $12,397 $562,773 $111,833 $450,940
2017 $11,510 $511,767 $101,666 $410,101
2016 $11,297 $477,477 $0 $0
2015 $10,577 $434,070 $0 $0
2014 $9,806 $394,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sina Nowak

    Fine Living Realty of Palm Beaches

    (305) 968-9442

    2 Total Sales

    Sina Nowak
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Map

Source: BeachesMLS

MLS Number: R3348845

BeachesMLS

APN: 73-41-44-09-02-076-0040

Florida Palm Beach County Wellington 33414 Greenview Shores

13892 Folkestone Cir, Wellington, FL

This home is located at 13892 Folkestone Cir, Wellington, FL 33414 since 28 February 2013 and is currently estimated at $1,393,123, approximately $287 per square foot. This property was built in 1990. 13892 Folkestone Cir 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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