NOT LISTED FOR SALE

2767 Danforth Terrace Wellington, FL 33414

Olympia Neighborhood

Estimated Value: $1,170,000 - $1,352,000

5 Beds
5.5 Baths
4,112 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $660,000 $161 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,236/month

72 Days on Market

Highlights

  • Community Cabanas
  • Fitness Center
  • Spa
  • Equestrian Trails Elementary School Rated A
  • Gated with Attendant
  • Lake View

About This Home

As of October 2016

Ideally situated on an oversized cul-de-sac lot with great lake views this spectacular home has excellent design features & luxurious appointments. The master bedroom has a spacious sitting room & balcony overlooking the pool & lake. Updates within the past 4 years include: custom draperies, gutter installation, New water heater 2015, A/C units (2013 & 2014), electric retractable awning,screen system on the french doors to pool, 140,000 BTU electric pool heater as well as improvements to landscaping. Accordion shutters. Olympia's state of the art clubhouse features tennis courts, resort style pool, exercise facility & so much more!! Wellington is a great community in which to enjoy the fabulous Palm Beach lifestyle and year round weather. Excellent schools, proximity to Palm Beach International Airport, world class Equestrian facilities, golf, tennis, beaches & shopping make this Wellington home a true gem.

Last Agent to Sell the Property

Debra James

Engel & Volkers Wellington License #499266 Listed on: 09/02/2016

Engel & Volkers Wellington

Last Buyer's Agent

Debra James

Engel & Volkers Wellington License #499266 Listed on: 09/02/2016

Engel & Volkers Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,432

Year Built

  • Built in 2004

Lot Details

  • 0.25 Acre Lot
  • Waterfront
  • Northeast Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,112 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Decorative Fireplace
  • Blinds
  • French Doors
  • Formal Dining Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 73424417020013930

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, security
  • Olympia 2 Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,432

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Main entrance E of Forest Hill Blvd. East of 441. Go through gate, then left after stop sign. Follow circle to ''Danforth'' village then turn left, then right on Danforth Terrace to end of cut de sa
  • Year Built: 2004
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Custom Mirrors, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 4112.0
  • Stories: 2
  • Window Features: Blinds, Bay Window(s), Drapes

Exterior Features

  • Exterior Features: Lighting, Outdoor Living Area
  • View: Lake
  • Fencing: Fenced
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, Heated, In Ground, Association
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Construction Type: Block
  • Direction Faces: Northeast
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Open
  • Property Condition: Resale
  • Roof: Concrete, 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

  • Laundry Features: Inside, Laundry Closet, Laundry Tub
  • Security: Security System Owned, Security System, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 241.5
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Street Lights
  • Senior Community: No
  • Amenities: Basketball Court, Cabana, Clubhouse, Fitness Center, Picnic Area, Pool, Recreation Facilities, Spa/Hot Tub, Sidewalks, Tennis Court(s), Trail(s)
  • Association: Yes
  • Pets Allowed: Number Limit, Pet Restrictions

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security

Lot Info

  • Parcel #: 73424417020013930
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Mobile Dim Units: Feet
  • Zoning: PUD(ci

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8431.59

Multi Family

  • Number Of Units In Community: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 12, 2016
Sold by
Anthon Dean and Anthon Maria
Bought by
Ozgenc Mehmet
Seller's Agent
Debra James
Engel & Volkers Wellington
Buyer's Agent
Debra James
Engel & Volkers Wellington
List Price
$6,990,000
Sold Price
$660,000
Premium/Discount to List
-$6,330,000
-90.56%
Current Estimated Value
$1,217,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,894
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Jun 6, 2011
Sold by
Cartus Corporation
Bought by
Anthon Dean

Purchase Details

Closed on
Mar 3, 2005
Sold by
Minto Communities Inc
Bought by
Scarsella Nicholas J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ozgenc Mehmet $660,000 Distinctive Title Svcs Inc
Anthon Dean $575,000 Sunbelt Title Agency
Cartus Corporation $575,000 Sunbelt Title Agency
Scarsella Nicholas J $926,790 Founders Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2016 10/12/16 Sold $660,000 -90.6% $161 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $6,990,000 -- $1,700 / 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 $10,788 $604,606 -- --
2024 $10,788 $587,567 -- --
2023 $10,520 $570,453 $0 $0
2022 $10,345 $553,838 $0 $0
2021 $10,246 $537,707 $0 $0
2020 $10,143 $530,283 $130,000 $400,283
2019 $10,150 $524,981 $0 $0
2018 $9,684 $515,192 $129,023 $386,169
2017 $9,932 $522,040 $129,023 $393,017
2016 $8,244 $427,850 $0 $0
2015 $8,432 $424,876 $0 $0
2014 $8,465 $421,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10247355

BeachesMLS (Greater Fort Lauderdale)

APN: 73-42-44-17-02-001-3930