NOT LISTED FOR SALE

1561 Yachtman Place Wellington, FL 33414

Estimated Value: $474,784 - $586,000

1 Bed
2 Baths
1,366 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $345,000 $253 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,504/month

22 Days on Market

Highlights

  • Boat Ramp
  • Gated Community
  • Garden View
  • Wellington Landings Middle School Rated A-
  • Clubhouse
  • High Ceiling

About This Home

As of March 2021

This beautifully remodeled open concept home has it all. This just renovated 2 bedroom- 2 bath home features, new flooring, shiplap wall features and much more. Enjoy sitting outdoors in the screened patio or spend the day kayaking! Meadowland Cove Community offers a boat ramp, clubhouse, playground, and pool overlooking Lake Wellington. Situated in the heart of Wellington you will be minutes from dining, shopping, and A rated schools. Minutes to all Equestrian Venues. Schedule a showing today!!

Last Agent to Sell the Property

Maria Raspanti

Keller Williams Realty - Welli License #3303507 Listed on: 01/28/2021

Keller Williams Realty - Welli

Last Buyer's Agent

Cyril Diaz

LPT Realty, LLC License #3276808

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1989

Lot Details

  • 6,424 Sq Ft Lot
  • Fenced
  • Property is zoned WELL_P

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,366 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Great Room
  • Garden Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414409040001470

Community Details

Overview

  • Association fees include common areas, recreation facilities, security
  • Meadowland Cove 1 Of Well Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Community Pool
  • Park

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,538

Year Built

Built in 1989

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: west on Big Blue Trace, on the North side of the road.
  • Year Built: 1989
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1366.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Gate, Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 75.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Park, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities, Security

Lot Info

  • Parcel #: 73414409040001470
  • Lot Size Sq Ft: 6424.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2538.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 22, 2021
Sold by
Panda Caribbean Holdings Llc
Bought by
Wood John B and Wood Teri Wilford
Seller's Agent
Maria Raspanti
Keller Williams Realty - Welli
Buyer's Agent
Cyril Diaz
LPT Realty, LLC
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Current Estimated Value
$511,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,196
Avg. Annual Appreciation
8.87%
Original Mortgage
$255,000
Outstanding Balance
$229,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$274,515

Purchase Details

Listed on
Jan 13, 2020
Closed on
Oct 15, 2020
Sold by
Legal Aid Society Of Palm Beach Cnty Inc
Bought by
Panda Caribbean Holdings Llc
Seller's Agent
Michael Klabanoff PA
Coldwell Banker Realty
Buyer's Agent
Michael Klabanoff PA
Coldwell Banker Realty
List Price
$309,900
Sold Price
$253,000
Premium/Discount to List
-$56,900
-18.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.71%
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
Wood John B $345,000 Attorney
Panda Caribbean Holdings Llc $253,000 Florida Ttl & Guarantee Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood John B $255,000
Previous Owner Grassell Hunt Dolores $420,000
Previous Owner Grassell Hunt Dolores $219,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $345,000 -1.4% $253 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $349,900 +38.3% $256 / Sq Ft
10/15/2020 10/15/20 Sold $253,000 -18.4% $185 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $309,900 -- $227 / 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 $7,976 $384,988 -- --
2023 $7,390 $352,425 $150,818 $201,607
2022 $7,019 $330,707 $0 $0
2021 $5,589 $252,520 $88,924 $163,596
2020 $2,538 $141,188 $0 $0
2019 $2,153 $138,014 $0 $0
2018 $2,039 $135,441 $0 $0
2017 $2,008 $132,655 $0 $0
2016 $1,998 $129,927 $0 $0
2015 $2,391 $129,024 $0 $0
2014 $2,412 $128,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10688257

BeachesMLS

APN: 73-41-44-09-04-000-1470