NOT LISTED FOR SALE

2198 Balsan Way Wellington, FL 33414

Olympia Neighborhood

Estimated Value: $670,960 - $806,000

5 Beds
3 Baths
2,570 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $443,000 $172 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,033/month

70 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Clubhouse
  • Equestrian Trails Elementary School Rated A
  • Room in yard for a pool
  • Roman Tub

About This Home

As of October 2020

Great 4/3 plus a bonus room attached to Master Bed inside Olympia. One bed and one full bath at downstairs; Kitchen, family room and terrace overlooking a wide & beautiful lake. Olympia is a premiere community with 24 hour manned-gated & private roaming security. Olympia offers resort style clubhouse with outdoor & indoor basketball courts, volleyball court, state of the art fitness center, pool & spa, children entertainment park & water play area, bike & running paths, community rooms, lounge, kitchen area, patio area, and on-site manager. Olympia is surrounded by all levels of amenities, great schools, hospital, mall and parks. Move-in ready and a must see. Owner will contribute $5K to the buyer toward closing.

Last Agent to Sell the Property

Basher Khan

United Realty Group Inc License #3237788 Listed on: 07/20/2020

United Realty Group Inc

Last Buyer's Agent

Jeremy Dysch

United Realty Group Inc License #3067579

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 2003

Lot Details

  • 6,447 Sq Ft Lot
  • Lake Front
  • Property is zoned PUD(ci

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Roman Tub

Laundry

  • Dryer
  • Washer

Pool

  • Room in yard for a pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 73424407030001830

Community Details

Overview

  • Built by Minto Communities
  • Olympia 1 Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Park
  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,324

Year Built

Built in 2003

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Enter Olympia from Forest Hill Blvd- Easton Subdivision
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 2570.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Room For Pool
  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Builder Name: Minto Communities
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Smoke Detector(s)
  • 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

  • Association Fee: 289.0
  • Community Features: Clubhouse, Gated, Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73424407030001830
  • Lot Size: .148
  • Lot Size Sq Ft: 6447.0
  • Zoning Description: PUD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4324.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Morton Kaista E
Bought by
Morton Lance L
Current Estimated Value
$723,490

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 29, 2020
Sold by
Rahman Md M and Afreen Sarita
Bought by
Morton Lance L and Morton Krista E
Seller's Agent
Basher Khan
United Realty Group Inc
Buyer's Agent
Jeremy Dysch
United Realty Group Inc
List Price
$495,000
Sold Price
$443,000
Premium/Discount to List
-$52,000
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$420,850
Outstanding Balance
$378,744
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$332,093

Purchase Details

Closed on
Feb 17, 2015
Sold by
Rahman M and Afreen Sarita
Bought by
Md M Rahman & Sarita Afreen Revocable Tr and Afreen Sarita

Purchase Details

Closed on
Feb 14, 2011
Sold by
Us Bank National Association
Bought by
Rahman Md M and Afreen Sarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,662
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2010
Sold by
Bensaddik Houssaine and Bensaddik Laurie
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 8, 2006
Sold by
Zarmati Hernan and Zarmati Karina
Bought by
Bensaddik Houssain and Bensaddik Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
10.27%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 24, 2003
Sold by
Minto Communities Inc
Bought by
Zarmati Hernan and Zarmati Karina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage
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
Morton Lance L -- None Available
Morton Lance L $443,000 Harbour Land Title Llc
Md M Rahman & Sarita Afreen Revocable Tr -- Attorney
Rahman Md M $250,000 Rels Title
Us Bank National Association $245,500 Attorney
Bensaddik Houssain $540,000 Enterprise Title Inc
Zarmati Hernan $363,200 Founders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Lance L $420,850
Previous Owner Afreen Sarita $120,000
Previous Owner Rahman Md M $243,662
Previous Owner Bensaddik Houssain $540,000
Previous Owner Zarmati Hernan $290,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $443,000 -10.5% $172 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $495,000 -- $193 / 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 $9,401 $513,589 -- --
2023 $9,163 $498,630 $0 $0
2022 $8,998 $484,107 $0 $0
2021 $7,738 $369,934 $110,397 $259,537
2020 $4,387 $242,622 $0 $0
2019 $4,326 $237,167 $0 $0
2018 $4,122 $232,745 $0 $0
2017 $4,071 $227,958 $0 $0
2016 $4,067 $223,269 $0 $0
2015 $4,156 $221,717 $0 $0
2014 $4,182 $219,957 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Basher Khan

    United Realty Group Inc

    (561) 568-3197

    1 in this area

    16 Total Sales

    Section Image
  • Jeremy Dysch

    Buyer's Agent in 2020

    Jeremy Dysch

    United Realty Group Inc

    (561) 351-6843

    1 in this area

    77 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10640295

BeachesMLS

APN: 73-42-44-07-03-000-1830

Florida Palm Beach County Wellington 33414 Olympia

2198 Balsan Way, Wellington, FL

This home is located at 2198 Balsan Way, Wellington, FL 33414 since 20 July 2020 and is currently estimated at $723,490, approximately $281 per square foot. This property was built in 2003. 2198 Balsan Way is a home located in Palm Beach County with nearby schools including Equestrian Trails Elementary School, Emerald Cove Middle School, and Palm Beach Central 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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