NOT LISTED FOR SALE

14655 Palm Beach Point Blvd Wellington, FL 33414

Estimated Value: $2,949,487 - $3,342,000

5.57 Acres
$564,766 Price per Acre
242,629 Sq Ft Lot

Last Sold May 05, 2022

Last sale price $1,425,000

Est. 121% increase in value since last sale

Current estimated payment $20,120/month

413 Days on Market

About This Lot

As of May 2022

The Mockingbird Farm Tract is one of only 2 available remaining undeveloped tracts in all of Palm Beach Point East. This location offers convenient vehicular and equestrian trail access to the WEF Horseshow Grounds, enhanced by the recent improvements to both Gracida & Gene Mische Ways, which create the new ''southern'' entrance into the WEF Horseshow Grounds. The Mockingbird Farm Tract consists of 5.57 acres which is fully fenced, ready for development subject to approved plans.

Last Agent to Sell the Property

Brad Scherer

Atlantic Western Realty Corp License #245402 Listed on: 02/15/2021

Last Buyer's Agent

Lauren Brody

Partnership Realty Inc. License #3456998

Partnership Realty Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,429

Lot Details

  • 5.57 Acre Lot
  • Paved or Partially Paved Lot
  • Property is zoned AR/EOZD

Community Details

  • Palm Beach Point East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414429010000270

Property Details

Property Type

Land

Est. Annual Taxes

$4,429

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: LAKE WORTH RD. WEST PAST SOUTH SHORE. CONTINUE ON GRACIDA ST. TO NEXT LEFT - PALM BEACH POINT BLVD. - TURN LEFT AND CONTINUE ONE MILE - PROPERTY ON RIGHT
  • Special Features: None

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 73414429010000270
  • Lot Size Acres: 5.57
  • Lot Size Sq Ft: 242629.0
  • Zoning Description: AR/EOZD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4429.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
William Edward Stitt Revocable Trust
Bought by
Purfield Properties Corporation
Current Estimated Value
$3,145,744

Purchase Details

Listed on
Feb 15, 2021
Closed on
May 5, 2022
Sold by
Mockingbird Farms Llc
Bought by
William Edward Stitt Revocable Trust
Seller's Agent
Brad Scherer
Atlantic Western Realty Corp
Buyer's Agent
Lauren Brody
Partnership Realty Inc.
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.55%

Purchase Details

Closed on
Jul 1, 2019
Sold by
Mockingbird Farms & Stephen Lavine Llc
Bought by
Mockingbird Farms Llc

Purchase Details

Closed on
Nov 6, 2008
Sold by
Avila Equestrian International Llc
Bought by
Mockingbird Farms & Stephen Lavine Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2002
Sold by
Vanderveen Keith A and Vanderveen Beth A
Bought by
Avila Equestrian International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2000
Sold by
Pearson Donald L and Pearson Carrie L
Bought by
Vanderveen Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
8.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 1999
Sold by
Nguyen Mai Ngoc
Bought by
Barenburg Sherrie

Purchase Details

Closed on
Sep 17, 1999
Sold by
Walters Edwin J
Bought by
Nguyen Mai N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,682
Interest Rate
7.91%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 1999
Sold by
Isbell Greg A
Bought by
Pearson Donald L

Purchase Details

Closed on
Jan 15, 1998
Sold by
Isbell Gregory A
Bought by
5 Star Builders Of Wpb Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Purfield Properties Corporation $2,700,000 --
Purfield Properties Corporation $2,700,000 None Listed On Document
William Edward Stitt Revocable Trust $1,425,000 Simses & Associates Pa
Mockingbird Farms Llc -- Attorney
Mockingbird Farms & Stephen Lavine Llc $1,114,000 Attorney
Avila Equestrian International Llc $1,090,000 --
Vanderveen Keith A $775,000 --
Barenburg Sherrie $165,000 --
Nguyen Mai N $145,000 --
Pearson Donald L $247,500 --
5 Star Builders Of Wpb Inc $100 --
Isbell Gregory A $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mockingbird Farms & Stephen Lavine Llc $1,000,000
Previous Owner Avila Equestrian International Llc $3,000,000
Previous Owner Isbell Gregory A $580,000
Previous Owner Isbell Gregory A $387,500
Previous Owner Isbell Gregory A $116,682
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $1,425,000 -1.7% --
04/05/2022 04/05/22 Pending -- -- --
02/15/2021 02/15/21 For Sale $1,450,000 -- --
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 $43,859 $2,255,850 -- --
2023 $41,453 $2,111,364 $2,111,364 $0
2022 $35,107 $1,744,725 $0 $0
2021 $4,404 $150,390 $150,390 $0
2020 $4,429 $150,390 $150,390 $0
2019 $4,463 $150,390 $150,390 $0
2018 $4,381 $150,390 $150,390 $0
2017 $4,417 $150,390 $0 $0
2016 $4,036 $128,110 $0 $0
2015 $3,647 $105,830 $0 $0
2014 $3,198 $83,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10692483

BeachesMLS

APN: 73-41-44-29-01-000-0270