NOT LISTED FOR SALE

2640 Danforth Terrace Wellington, FL 33414

Olympia Neighborhood

Estimated Value: $1,109,480 - $1,163,000

5 Beds
5.5 Baths
4,168 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $1,145,000 $275 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,571/month

78 Days on Market

Highlights

  • Gated with Attendant
  • Saltwater Pool
  • Marble Flooring
  • Equestrian Trails Elementary School Rated A
  • Clubhouse
  • High Ceiling

About This Home

As of August 2024

Welcome to your dream home in the heart of Wellington's prestigious Olympia community! This stunning residence offers a perfect blend of luxury, comfort, and entertainment, designed to exceed your expectations.As you step inside, you'll be greeted by an open floorplan that's ideal for entertaining guests and family gatherings. The spacious living area seamlessly flows into the large kitchen, which overlooks the serene preserve, creating a picturesque backdrop while you cook and entertain.Travertine marble floors grace the first floor, adding elegance and sophistication to the space. The neutral paint palette throughout ensures a timeless appeal, allowing you to customize the decor to your taste.

Last Agent to Sell the Property

Erica Shepherd

KW Innovations License #3466441 Listed on: 05/14/2024

KW Innovations

Co-Listed By

Steve Shepherd

KW Innovations License #3256285

Last Buyer's Agent

Anthony Addeo

Serhant License #3473717

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,012

Year Built

  • Built in 2004

Lot Details

  • 8,072 Sq Ft Lot
  • Sprinkler System
  • Property is zoned PUD(ci

HOA Fees

  • $337 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,168 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Pool Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Saltwater Pool
  • Patio

Schools

  • Equestrian Trails Elementary School
  • Emerald Cove Middle School
  • Palm Beach Central High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 73424417020012990

Community Details

Overview

  • Association fees include common areas
  • Built by Minto Communities
  • Olympia 2 Subdivision, Verona Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,012

Year Built

Built in 2004

Lot Details

0

HOA Fees

$337 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Forrest Hill Olympia Entrance, make a left at the stop sign, make a left into Danforth Village, make a left at the stop sign, house is on the right.
  • Year Built: 2004
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Laminate, Marble
  • Living Area: 4168.0
  • Dining Room Type: Den, Family Room
  • Stories: 2
  • Window Features: Blinds, Drapes, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Builder Name: Minto Communities
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 337.0
  • Community Features: Clubhouse, Gated, Pickleball, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Management, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other

Schools

  • Elementary School: Equestrian Trails
  • High School: Palm Beach Central
  • Middle Or Junior School: Emerald Cove

Lot Info

  • Parcel #: 73424417020012990
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8072.0
  • Zoning Description: PUD(ci

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17012.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Aug 2, 2024
Sold by
Listi Daniel A and Listi Erica S
Bought by
Feam Matthew and Mannarina Nicole
Seller's Agent
Erica Shepherd
KW Innovations
Buyer's Agent
Anthony Addeo
Serhant
List Price
$1,195,000
Sold Price
$1,145,000
Premium/Discount to List
-$50,000
-4.18%
Views
30
Current Estimated Value
$1,137,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,380
Avg. Annual Appreciation
-0.44%
Original Mortgage
$916,000
Outstanding Balance
$903,326
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$234,294

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 23, 2022
Sold by
Espaillat and Nancis
Bought by
Listi Daniel A and Listi Erica S
Seller's Agent
Paul Morris
Gracious Homes Realty, Inc.
Buyer's Agent
Milly Taylor
The Keyes Company
List Price
$1,175,000
Sold Price
$1,125,000
Premium/Discount to List
-$50,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%
Original Mortgage
$787,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2010
Sold by
Patel Sumit and Patel Payal
Bought by
Espaillat Marco

Purchase Details

Closed on
Nov 1, 2007
Sold by
Patel Mital
Bought by
Patel Sumit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,975
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Mogilevsky Ilia
Bought by
Patel Mital

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,200
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 11, 2004
Sold by
Minto Communities Inc
Bought by
Mogilevsky Ilia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feam Matthew $1,145,000 Us Patriot Title
Listi Daniel A $1,125,000 --
Espaillat Marco $350,000 Attorney
Patel Sumit $763,500 Atlantic Title Solutions Llc
Patel Mital $799,000 Automated Land Title Co
Mogilevsky Ilia $507,500 Founders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feam Matthew $916,000
Previous Owner Listi Daniel A $787,500
Previous Owner Patel Sumit $648,975
Previous Owner Patel Mital $639,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2024 08/02/24 Sold $1,145,000 -4.2% $275 / Sq Ft
05/16/2024 05/16/24 For Sale $1,195,000 +6.2% $287 / Sq Ft
08/23/2022 08/23/22 Sold $1,125,000 -4.3% $270 / Sq Ft View Prior Sale
07/24/2022 07/24/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $1,175,000 -- $282 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $15,784 $907,685 -- --
2024 $15,784 $854,100 -- --
2023 $17,012 $914,144 $201,166 $712,978
2022 $8,627 $464,855 $0 $0
2021 $8,532 $451,316 $0 $0
2020 $8,438 $445,085 $0 $0
2019 $8,330 $435,078 $0 $0
2018 $7,946 $426,966 $0 $0
2017 $7,862 $418,184 $0 $0
2016 $7,871 $409,583 $0 $0
2015 $8,050 $406,736 $0 $0
2014 $8,082 $403,508 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10987291

BeachesMLS (Greater Fort Lauderdale)

APN: 73-42-44-17-02-001-2990