NOT LISTED FOR SALE

2040 Gray Mare Way Wellington, FL 33414

The Landings at Wellington Neighborhood

Estimated Value: $2,235,000 - $2,899,000

4 Beds
2 Baths
2,811 Sq Ft
$920/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $2,220,000 $790 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $14,454/month

48 Days on Market

Highlights

  • Water Views
  • Horses Allowed in Community
  • Room in yard for a pool
  • Polo Park Middle School Rated A-
  • 98,010 Sq Ft lot
  • Roman Tub

About This Home

As of April 2022

Fabulous opportunity to have a 10 stall barn hacking distance to the show grounds, complete with ring, grooms qtrs, lots of paddocks , lovely landscaping and tons of potential. 12X 12 stalls, wash racks, bathroom, tack and feed room. Adjacent lot is also for sale for an additional 2 acres. This is a rare opportunity at this price.

Last Agent to Sell the Property

Mary Sue Jacobs

Destiny International Properties License #3318786 Listed on: 02/02/2022

Last Buyer's Agent

Mary Sue Jacobs

Destiny International Properties License #3318786 Listed on: 02/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,504

Year Built

  • Built in 1991

Lot Details

  • 2.25 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned EOZD(c

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 2,811 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • French Doors
  • Family Room
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 73414417010640010

Community Details

Overview

  • Saddle Trail Park Of Well Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,504

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Appaloosa to Gray Mare
  • Year Built: 1991
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Breakfast Bar, Breakfast Area, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, High Ceilings, Pantry, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2811.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • View: Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414417010640010
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 98010.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Dec 29, 2014
Sold by
Britan Scott S and Britan Cynthia A
Bought by
The Olde Gray Mare Homestead Corp
Seller's Agent
Mary Sue Jacobs
Destiny International Properties
Buyer's Agent
Amy Carr
Engel & Volkers Wellington
List Price
$1,899,000
Sold Price
$1,250,000
Premium/Discount to List
-$649,000
-34.18%
Current Estimated Value
$2,586,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,336,004
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Jul 19, 1999
Sold by
Nitsch-Kasman Barbara
Bought by
Britan Scott S

Purchase Details

Closed on
Aug 11, 1998
Sold by
Regina Richard and Regina Stolpman
Bought by
Nitsch-Kasman Barbara
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
The Olde Gray Mare Homestead Corp $1,250,000 Attorney
Britan Scott S $265,000 --
Nitsch-Kasman Barbara $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nitsch-Kasman Barbara $250,000
Previous Owner Nitsch-Kasman Barbara $32,199
Previous Owner Nitsch-Kasman Barbara $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $2,220,000 -11.0% $790 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $2,495,000 0.0% $888 / Sq Ft
01/01/2018 01/01/18 Rented $2,000 -97.7% --
12/02/2017 12/02/17 Under Contract -- -- --
04/14/2017 04/14/17 For Rent $87,500 -16.7% --
09/23/2016 09/23/16 Rented $105,000 -4.5% --
08/24/2016 08/24/16 Under Contract -- -- --
03/24/2016 03/24/16 For Rent $110,000 0.0% --
12/30/2014 12/30/14 Sold $1,250,000 -34.2% $525 / Sq Ft View Prior Sale
11/30/2014 11/30/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $1,899,000 -- $798 / 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 $10,704 $906,959 -- --
2023 $17,082 $827,417 $447,750 $379,667
2022 $28,778 $1,425,549 $0 $0
2021 $14,504 $673,395 $296,050 $377,345
2020 $13,841 $638,498 $296,050 $342,448
2019 $15,032 $689,941 $296,050 $393,891
2018 $13,891 $651,067 $295,902 $355,165
2017 $13,868 $642,191 $0 $0
2016 $13,834 $616,366 $0 $0
2015 $12,803 $557,278 $0 $0
2014 $7,571 $344,381 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Sue Jacobs

    Seller's Agent in 2022

    Mary Sue Jacobs

    Destiny International Properties

    (561) 758-5212

    19 in this area

    114 Total Sales

    Mary Sue Jacobs
    Section Image

  • K

    Seller's Agent in 2018

    Kate Waldman PA

    Engel & Volkers Wellington

  • C

    Buyer Co-Listing Agent in 2018

    Chase Hickok

    Equestrian Sotheby's International Realty Inc.

  • Amy Carr

    Seller Co-Listing Agent in 2016

    Amy Carr

    Engel & Volkers Wellington

    (561) 662-0728

    1 in this area

    38 Total Sales

    Amy Carr
    Section Image
  • Jennifer Drahan

    Buyer's Agent in 2016

    Jennifer Drahan

    Keller Williams Realty - Welli

    (561) 318-1208

    9 in this area

    98 Total Sales

    Jennifer Drahan
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10774267

BeachesMLS

APN: 73-41-44-17-01-064-0010

Florida Palm Beach County Wellington 33414 The Landings at Wellington

2040 Gray Mare Way, Wellington, FL

This home is located at 2040 Gray Mare Way, Wellington, FL 33414 since 02 February 2022 and is currently estimated at $2,586,004, approximately $919 per square foot. This property was built in 1991. 2040 Gray Mare Way is a home located in Palm Beach County with nearby schools including New Horizons Elementary School, Polo Park 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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