NOT LISTED FOR SALE

14415 Palm Beach Point Blvd Wellington, FL 33414

Estimated Value: $1,489,000 - $6,154,245

3 Beds
2.5 Baths
1,812 Sq Ft
$2,109/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $8,700,000 $4,801 Per Sq Ft

Current estimated payment $23,114/month

121 Days on Market

Highlights

  • Horses Allowed in Community
  • RV Access or Parking
  • Canal View
  • Polo Park Middle School Rated A-
  • 534,629 Sq Ft lot
  • Circular Driveway

About This Home

As of September 2022

A RARE OPPORTUNITY to own location, acreage, and an income producing property!! Situated on 12.27 beautifully manicured acres, The Ridge is perfectly located in Wellington's highly sought after Palm Beach Point East. The main barn features 14 matted stalls, office, tack and feed rooms, outdoor wash racks, 2bd/1Ba apartment with separate entrance, an efficiency apartment and 2 laundry rooms. Enjoy riding in either of the 2 sand rings or on the oversized Grand Prix Field. Lining the outer edge of the property are 7 large irrigated grass paddocks, 80' round pen and 3 separate gated entrances off the paved road of Palm Beach Point Blvd. The Ridge is Just a short hack to the recently opened back gate of the Wellington International show grounds.

Last Agent to Sell the Property

Jeremy Greene

The Corcoran Group License #3387775 Listed on: 05/18/2022

The Corcoran Group

Last Buyer's Agent

Jeremy Greene

The Corcoran Group License #3387775 Listed on: 05/18/2022

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,435

Year Built

  • Built in 1998

Lot Details

  • 12.27 Acre Lot
  • Fenced
  • Irregular Lot
  • Sprinkler System
  • Property is zoned EOZD(c

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Canal Views
  • Security Gate
  • Electric Range

Flooring

  • Clay
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Circular Driveway
  • Unpaved Parking
  • Open Parking
  • RV Access or Parking

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414429010000240

Community Details

Overview

  • Palm Beach Point East Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,435

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Shore Blvd to Garcida. Left on Palm Beach Point Blvd farm on right
  • Year Built: 1998
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Clay, Concrete
  • Living Area: 1812.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence
  • View: Canal
  • Lot Features: Irregular Lot, Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Open, RV Access/Parking, Two or More Spaces, Unpaved

Utilities

  • Security: Security Gate
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 73414429010000240
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 534629.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 20435.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 30, 2022
Sold by
Dambrosio George
Bought by
Lisbeg South Llc
Seller's Agent
Jeremy Greene
The Corcoran Group
Buyer's Agent
Jeremy Greene
The Corcoran Group
List Price
$8,500,000
Sold Price
$8,700,000
Premium/Discount to List
$200,000
2.35%
Current Estimated Value
$3,821,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,878,377
Avg. Annual Appreciation
-23.44%

Purchase Details

Closed on
Jun 3, 2002
Sold by
Dudan Ronald C and Dudan Jane S
Bought by
Dambrosio George

Purchase Details

Closed on
Dec 4, 1997
Sold by
Melissa Harold and Melissa Keshishian
Bought by
Dudan Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
7.38%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 27, 1997
Sold by
Lisa Yenovk and Lisa Jacmacjian
Bought by
Keshishian Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,488
Interest Rate
7.91%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 17, 1995
Sold by
Key Ventures N V Inc
Bought by
Jacmacjian Yenovk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,522
Interest Rate
8.49%
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
Lisbeg South Llc $8,700,000 --
Dambrosio George $1,350,000 --
Dudan Ronald C $95,000 --
Keshishian Harold $80,000 --
Jacmacjian Yenovk $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keshishian Harold $173,500
Previous Owner Keshishian Harold $202,488
Previous Owner Jacmacjian Yenovk $57,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $8,700,000 +2.4% $4,801 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $8,500,000 -- $4,691 / 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 $37,314 $1,798,023 -- --
2023 $37,902 $1,819,214 $368,202 $1,451,012
2022 $20,422 $891,267 $0 $0
2021 $20,435 $897,745 $0 $0
2020 $19,820 $882,870 $0 $0
2019 $19,254 $855,774 $0 $0
2018 $17,597 $753,931 $0 $0
2017 $17,281 $752,253 $0 $0
2016 $10,948 $451,669 $0 $0
2015 $10,360 $407,293 $0 $0
2014 $9,351 $357,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10801290

BeachesMLS

APN: 73-41-44-29-01-000-0240