$700,000
SOLD SEP 29, 2017

1567 Hawthorne Place Wellington, FL 33414

Sugar Pond Manor Neighborhood
-- Bed
-- Bath
4,320 Sq Ft
0.34 Acres

Recently Sold

$162 Per Sq Ft

3% Below List Price

180 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Fenced
  • Wellington Landings Middle School Rated A-
  • 4 Car Garage

About This Home

As of September 2017

Potential 8.5 return.Outstanding opportunity to purchase a 4 unit apartment building in Wellington, 3 units feature 3 bedroom 2 bath with a one car garage and one unit is One bedroom one bath with a one car garage. This building is also one of only a handful of buildings that features a Private Pool. PROPERTY FEATURESProperty Has A Community Pool ( Only For The Renters )NO HOA ( Home Owners Association )Individual Water Meters (Tenants Pay There Own Water ).Building Next door also for sale 1577 Hawthorne Place

Last Listed By

Ahmed Abdeldayem

KW Innovations License #3309101 Listed on: 03/02/2017

KW Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,490

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Fenced

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof

Interior Spaces

  • 4,320 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $51,600
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 73414404010680190

Community Details

Overview

  • 4 Units
  • Sugar Pond Manor Of Welli Subdivision

Building Details

  • Operating Expense $13,990
  • Net Operating Income $37,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,490

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Directions: When Coming from 441 and Forest Hill Blvd Forest Hill to South Shore BLVD. Continue on south shore blvd until you reach green view shores Blvd. Merge onto Green View Shore and Continue until you MGD
  • Year Built: 1990
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 4320.0

Exterior Features

  • Exterior Features: Fence
  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Fiberglass, Shingle

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, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414404010680190
  • Lot Size Sq Ft: 15000.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 37610.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 13990.0
  • Total Actual Rent: 51600.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9490.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Sep 29, 2017
Sold by
Mizne Norbert and Mizne Ramona D
Bought by
Caertwight Charles E
Seller's Agent
Ahmed Abdeldayem
KW Innovations
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Total Days on Market
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$525,000
Interest Rate
3.86%
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 Type Sale Price Title Company
Warranty Deed $700,000 Attorney
Warranty Deed $700,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,000 New Conventional
Closed $525,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $1,700,000 0.0% $394 / Sq Ft
03/01/2024 03/01/24 Rented $2,600 0.0% --
02/13/2024 02/13/24 For Rent $2,600 0.0% --
09/29/2017 09/29/17 Sold $700,000 -3.4% $162 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $725,000 -- $168 / 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 $16,914 $762,433 -- --
2023 $16,135 $693,121 $235,409 $645,983
2022 $14,716 $630,110 $0 $0
2021 $12,866 $602,462 $120,000 $482,462
2020 $11,833 $558,344 $126,000 $432,344
2019 $10,741 $473,411 $126,000 $347,411
2018 $10,546 $476,579 $111,425 $365,154
2017 $9,865 $468,496 $101,295 $367,201
2016 $9,490 $380,653 $0 $0
2015 $8,614 $346,048 $0 $0
2014 $7,955 $314,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Thomsen

    Seller's Agent in 2024

    Sarah Thomsen

    Realty Connection Link LLC

    (561) 260-2000

    1 in this area

    46 Total Sales

    Sarah Thomsen
    Section Image
  • Krystle Rea

    Buyer's Agent in 2024

    Krystle Rea

    Sutter & Nugent LLC

    (954) 859-9269

    136 Total Sales

    Krystle Rea
    Section Image
  • Ahmed Abdeldayem

    Seller's Agent in 2017

    Ahmed Abdeldayem

    KW Innovations

    (305) 801-5871

    5 in this area

    35 Total Sales

    Ahmed Abdeldayem
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10313000

BeachesMLS

APN: 73-41-44-04-01-068-0190

Florida Palm Beach County Wellington 33414 Sugar Pond Manor

1567 Hawthorne Place, Wellington, FL

This home is located at 1567 Hawthorne Place, Wellington, FL 33414 and is currently priced at $700,000, approximately $162 per square foot. This property was built in 1990. 1567 Hawthorne Place is a home located in Palm Beach County with nearby schools including New Horizons Elementary School, Wellington Landings 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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