NOT LISTED FOR SALE

2388 King Terrace Wellington, FL 33414

The Landings at Wellington Neighborhood
5 Beds
5 Baths
3,781 Sq Ft
4.08 Acres

About This Home

This home is located at 2388 King Terrace, Wellington, FL 33414. 2388 King Terrace is a home located in Palm Beach County with nearby schools including New Horizons Elementary School, Polo Park Middle School, and Wellington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2014
Sold by
Mauck Michael Glenn and Mauck Sherri Savage
Bought by
King Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,541,500
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2003
Sold by
Traphagen D Scott and Traphagen Patricia
Bought by
Mauck Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2002
Sold by
Stewart Gladstone and Stewart Cynthia J
Bought by
Traphagen D Scott

Purchase Details

Closed on
Apr 7, 1997
Sold by
Myrna Charles and Myrna Casey
Bought by
Stewart Gladstone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
King Terrace Llc $2,850,000 Attorney
Mauck Michael G $290,000 --
Traphagen D Scott $250,000 Phoenix Title Insurance Corp
Stewart Gladstone $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Terrace Llc $500,000
Open King Terrace Llc $3,750,000
Closed King Terrace Llc $2,541,500
Previous Owner Mauck Michael G $500,000
Previous Owner Stewart Gladstone $37,000
Source: Public Records

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 $1,672 $59,830 -- --
2023 $1,644 $57,900 $57,900 $0
2022 $1,618 $57,900 $0 $0
2021 $1,534 $52,110 $52,110 $0
2020 $1,543 $52,110 $52,110 $0
2019 $1,554 $52,110 $52,110 $0
2018 $1,526 $52,110 $52,110 $0
2017 $1,539 $52,110 $0 $0
2016 $1,406 $44,390 $0 $0
2015 $1,272 $36,670 $0 $0
2014 $1,115 $28,950 $0 $0
Source: Public Records

Map

Florida Palm Beach County Wellington 33414 The Landings at Wellington

2388 King Terrace, Wellington, FL

This home is located at 2388 King Terrace, Wellington, FL 33414. 2388 King Terrace is a home located in Palm Beach County with nearby schools including New Horizons Elementary School, Polo Park Middle School, and Wellington High School.

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