NOT LISTED FOR SALE

Estimated Value: $826,933 - $1,189,000

2.02 Acres
$498,994 Price per Acre
87,991 Sq Ft Lot

Last Sold October 14, 2021

Last sale price $655,000

Est. 54% increase in value since last sale

Current estimated payment $6,619/month

179 Days on Market

Highlights

  • Canal Access
  • Canal View
  • Corner Lot
  • Binks Forest Elementary School Rated A-

About This Lot

As of October 2021

In times when the demand for housing is strong and real estate markets are booming, building a single-family house, could be the best use for this impressive vacant parcel of land located at the prestigious Paddock II. This 2.02 acre lot offers very close hacking distance to Palm Beach International Equestrian Center and has a canal which follows a horse bridle path and offers an easy way to Equestrian grounds. Don't miss this opportunity to build your dream home & barns ! This is the only lot available in this community.

Last Agent to Sell the Property

Claudia Garrell P.A

The Keyes Company-Jensen Beach License #649718 Listed on: 03/18/2021

The Keyes Company-Jensen Beach

Last Buyer's Agent

Travis Laas

Engel & Volkers Wellington License #3262273

Engel & Volkers Wellington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,499

Lot Details

  • 2.02 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Site Plan Filed
  • Property is zoned EOZD(c

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 73414408010360010

Community Details

Overview

  • Paddock Park 2 Of Welling Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,499

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GVS to Paddock --corner of Paddock and Draft Horse ln--Look for sign
  • Special Features: VirtualTour

Exterior Features

  • View: Canal
  • Lot Features: Corner Lot, Irregular Lot
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: No

Lot Info

  • Parcel #: 73414408010360010
  • Development Status: Site Plan Filed
  • Lot Size Acres: 2.02
  • Lot Size: 192
  • Lot Size Sq Ft: 1312322.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8499.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Wilson William G
Bought by
Wg Alexander Inc
Current Estimated Value
$1,007,967

Purchase Details

Listed on
Mar 18, 2021
Closed on
Oct 14, 2021
Sold by
Cory Llc
Bought by
Wilson William G
Seller's Agent
Claudia Garrell P.A
The Keyes Company-Jensen Beach
Buyer's Agent
Travis Laas
Engel & Volkers Wellington
List Price
$749,900
Sold Price
$655,000
Premium/Discount to List
-$94,900
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Apr 15, 2006
Sold by
Piedrahita Alvaro J and Piedrahita Lilia Rocio
Bought by
371 Cory Llc

Purchase Details

Closed on
Apr 1, 2006
Sold by
Piedrahita Alvaro J and Piedrahita Lilia Rocio
Bought by
Piedrahita Alvaro J

Purchase Details

Closed on
Jan 30, 2003
Sold by
Nicholson Brian M
Bought by
Piedrahita Alvaro J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 24, 2003
Sold by
Acevedo Carlos
Bought by
Nicholson Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2002
Sold by
Acevedo Carlos
Bought by
Nicholson Brian M

Purchase Details

Closed on
Mar 3, 2000
Sold by
Palacio Heriberto and Palacio Dorys
Bought by
Acevedo Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1998
Sold by
Hall Myrtelina L
Bought by
Palacio Heriberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.02%
Mortgage Type
New Conventional
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
Wg Alexander Inc -- None Listed On Document
Wilson William G $655,000 Suncoast Ttl Of Wellington I
371 Cory Llc -- Attorney
Piedrahita Alvaro J -- Attorney
Piedrahita Alvaro J $285,000 Universal Land Title Inc
Nicholson Brian M -- Universal Land Title Inc
Nicholson Brian M -- --
Acevedo Carlos $70,000 --
Palacio Heriberto $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholson Brian $210,000
Previous Owner Palacio Heriberto $76,400
Previous Owner Palacio Heriberto $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $655,000 -12.7% --
09/14/2021 09/14/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $749,900 -- --
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 $13,649 $669,933 -- --
2023 $12,014 $609,030 $609,030 $0
2022 $11,553 $574,543 $0 $0
2021 $8,431 $401,778 $401,778 $0
2020 $8,499 $401,778 $401,778 $0
2019 $8,590 $401,778 $401,778 $0
2018 $8,340 $400,869 $400,869 $0
2017 $7,829 $381,780 $381,780 $0
2016 $7,572 $330,488 $0 $0
2015 $6,876 $300,444 $0 $0
2014 $6,350 $273,131 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10700782

BeachesMLS

APN: 73-41-44-08-01-036-0010