NOT LISTED FOR SALE

16501 Velazquez Rd Loxahatchee, FL 33470

Estimated Value: $534,892

5.01 Acres
$106,765 Price per Acre
218,236 Sq Ft Lot

Last Sold June 10, 2016

Last sale price $265,000

Est. 102% increase in value since last sale

Current estimated payment $3,414/month

107 Days on Market

Highlights

  • Brush Vegetation
  • Binks Forest Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of June 2016

Attention ''ALL'' Equestrians - This stunning property on two 5 acres tracts represents the perfect opportunity to create an equestrian's paradise. Seconds away from shopping, major highways and every equestrian event in Wellington. There is room for a residence, barn, stalls, rings and paddocks, everything you need to house your equestrian business. 2, 5acre parcels side by side. Can be purchased separately or together.

Last Agent to Sell the Property

Jim Stewart

Streamline Realty Group Inc. License #3078738 Listed on: 01/24/2016

Last Buyer's Agent

Maria Orozco

Engel & Volkers Wellington License #68970

Engel & Volkers Wellington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,160

Lot Details

  • 5.01 Acre Lot
  • South Facing Home
  • Brush Vegetation
  • Paved or Partially Paved Lot
  • Property is zoned AR

Listing and Financial Details

  • Assessor Parcel Number 00404336000002230

Property Details

Property Type

Land

Est. Annual Taxes

$2,160

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: Southern Blvd west to Seminole Pratt Whitney Road, North two streets to Velazquez Rd. East to third and fourth properties on North side of street.
  • Special Features: None

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: South

Lot Info

  • Parcel #: 00404336000002230
  • Development Status: Raw Land
  • Lot Size Acres: 5.01
  • Lot Size Sq Ft: 218236.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2160.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2018
Sold by
Gomez Jorge
Bought by
Pensco Trust Company Llc
Current Estimated Value
$534,892

Purchase Details

Listed on
Jan 24, 2016
Closed on
Jun 10, 2016
Sold by
Daneshmayeh Mohsen and Daneshmayeh Seyed Mohsen
Bought by
Gomez Jorge and Jorge Gomez Equine Veterinary Services
Seller's Agent
Jim Stewart
Streamline Realty Group Inc.
Buyer's Agent
Maria Orozco
Engel & Volkers Wellington
List Price
$315,000
Sold Price
$265,000
Premium/Discount to List
-$50,000
-15.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
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
Pensco Trust Company Llc -- None Available
Gomez Jorge $265,000 Boulevard Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $265,000 -15.9% --
05/11/2016 05/11/16 Pending -- -- --
01/24/2016 01/24/16 For Sale $315,000 -- --
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 $6,939 $363,091 -- --
2023 $6,268 $330,083 $0 $0
2022 $5,831 $300,075 $0 $0
2021 $4,878 $293,085 $293,085 $0
2020 $4,350 $247,995 $247,995 $0
2019 $4,203 $236,723 $236,723 $0
2018 $3,839 $223,083 $223,083 $0
2017 $3,904 $223,083 $223,083 $0
2016 $2,380 $127,808 $0 $0
2015 $2,160 $116,189 $0 $0
2014 $1,986 $105,626 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Stewart

    Streamline Realty Group Inc.

    (561) 389-4375

    Jim Stewart
    Section Image

  • M

    Buyer's Agent in 2016

    Maria Orozco

    Engel & Volkers Wellington

    (561) 578-2077

    46 Total Sales

    Maria Orozco
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10201594

BeachesMLS

APN: 00-40-43-36-00-000-2230

Florida Palm Beach County Loxahatchee 33470

16501 Velazquez Rd, Loxahatchee, FL

This home is located at 16501 Velazquez Rd, Loxahatchee, FL 33470 since 24 January 2016 and is currently estimated at $534,892. 16501 Velazquez Rd is a home located in Palm Beach County with nearby schools including Binks Forest 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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