NOT LISTED FOR SALE

2222 Balsan Way Wellington, FL 33414

Olympia Neighborhood

Estimated Value: $814,000 - $913,000

5 Beds
2.5 Baths
3,118 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 28, 2014

Last sale price $417,000 $134 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,406/month

54 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Gated with Attendant
  • Lake View
  • Equestrian Trails Elementary School Rated A
  • Free Form Pool
  • Fruit Trees

About This Home

As of October 2014

BACK ON MARKET TODAY! Bank countered at $425,000 and Buyer Walked.. OUTSTANDING OPPORTUNITY!!This home was on the market 1 Day and sold Above List. Simply Stunning! Gorgeous contemporary Lakefront SE Exposure w/infinity pool and lush tropical waterfalls, jacuzzi and custom GAS TIKI LIGHTS(8) overlooking the lake from the roofed lanai. Manicured and extensively landscaped w/Traveler's Palms, and exotic fruit trees. Inside, the Dramatic Sweeping Staircase adds an air of elegance and grace leading to the 5 Bedrooms and Bath plus the Spacious Master Suite w/jacuzzi Tub and Separate Shower. His & Hers Closets and so much more.. Rooftop deck off 2 of the bedrooms. Downstairs, a fabulous circular flow floorplan with 1/2 bath down, living/dining and large Family Room. Gourmet Kitchen w/Stunning

Last Agent to Sell the Property

George Gamble

Century 21 America's Choice/WPB License #147164 Listed on: 08/04/2014

Century 21 America's Choice/WPB

Last Buyer's Agent

Scot Stabler

LAER Realty Partners Bowen/Wellington License #3107383

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,932

Year Built

  • Built in 2004

Lot Details

  • 9,148 Sq Ft Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • North Facing Home
  • Irregular Lot
  • Sprinkler System
  • Fruit Trees

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 3,118 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Single Hung Metal Windows
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Lake Views
  • Pull Down Stairs to Attic
  • Closed Circuit Camera

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Free Form Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 73424407030001910

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, pool(s), recreation facilities, reserve fund, security
  • Olympia 1 Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,932

Year Built

Built in 2004

Lot Details

0

HOA Fees

$245 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Entrance.Left on Fatio Blvd to Left on Alexandra Circle. Follow around to Balsan, turn Right to 2222 on mini-cul-de-sac on left
  • Year Built: 2004
  • Special Features: 12

Interior Features

  • Interior Amenities: Attic, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Kitchen/Dining Combo, Living/Dining Room, Pantry, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Tile
  • Living Area: 3118.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2
  • Window Features: Drapes, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Fruit Trees, Patio
  • View: Lake
  • Road Frontage Type: Waterfront
  • Lot Features: Cul-De-Sac, Irregular Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Free Form, Gunite, Other, Pool, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Open, Patio
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Closed Circuit Camera(s), Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 245.0
  • Community Features: Clubhouse, Fitness, Pool, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities, Reserve Fund, Security

Lot Info

  • Parcel #: 73424407030001910
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5932.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Oct 28, 2014
Sold by
Chapel Joel and Chapel Magda
Bought by
Stabler Jed and Stabler Bridgett
Seller's Agent
George Gamble
Century 21 America's Choice/WPB
Buyer's Agent
Scot Stabler
LAER Realty Partners Bowen/Wellington
List Price
$4,250,000
Sold Price
$417,000
Premium/Discount to List
-$3,833,000
-90.19%
Total Days on Market
54
Current Estimated Value
$849,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,707
Avg. Annual Appreciation
6.82%
Original Mortgage
$328,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2004
Sold by
Minto Communities Inc
Bought by
Chapel Joel and Chapel Magda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,650
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Stabler Jed $410,000 First International Title In
Chapel Joel $517,690 Founders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stabler Jed $324,620
Closed Stabler Jed $328,000
Previous Owner Chapel Joel $536,000
Previous Owner Chapel Joel $134,000
Previous Owner Chapel Joel $472,000
Previous Owner Chapel Joel $59,000
Previous Owner Chapel Joel $465,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2014 10/28/14 Sold $417,000 -90.2% $134 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $4,250,000 -- $1,363 / 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 $7,827 $429,629 -- --
2023 $7,624 $417,116 $0 $0
2022 $7,470 $404,967 $0 $0
2021 $7,379 $393,172 $0 $0
2020 $7,291 $387,744 $0 $0
2019 $7,196 $379,026 $0 $0
2018 $6,863 $371,959 $0 $0
2017 $6,788 $364,309 $0 $0
2016 $6,794 $356,816 $0 $0
2015 $6,947 $354,336 $0 $0
2014 $6,012 $306,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    George Gamble

    Century 21 America's Choice/WPB

    (561) 968-9292

    7 Total Sales

    George Gamble
    Section Image

  • S

    Buyer's Agent in 2014

    Scot Stabler

    LAER Realty Partners Bowen/Wellington

See All Agents

Map

Source: BeachesMLS

MLS Number: R10061848

BeachesMLS

APN: 73-42-44-07-03-000-1910

Florida Palm Beach County Wellington 33414 Olympia

2222 Balsan Way, Wellington, FL

This home is located at 2222 Balsan Way, Wellington, FL 33414 since 04 August 2014 and is currently estimated at $849,707, approximately $272 per square foot. This property was built in 2004. 2222 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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