NOT LISTED FOR SALE

2905 Payson Way Wellington, FL 33414

Olympia Neighborhood

Estimated Value: $971,923 - $1,113,000

6 Beds
3.5 Baths
4,039 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $630,000 $156 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,835/month

62 Days on Market

Highlights

  • Lake Front
  • Community Cabanas
  • Clubhouse
  • Equestrian Trails Elementary School Rated A
  • Gated with Attendant
  • Roman Tub

About This Home

As of July 2020

Callista model back to amazing large lake view/Cul De Sac Location!!! 6 bedrooms that offers an entire wing downstairs with a bedroom, den, bath and French doors to a private front porch. This fabulous Callista model surely has spacious living room to open back yard w/covered patio. Enjoy fenced-in yard in front of wide panoramic lake view. House just freshly painted/no carpets/all tiled flooring! Second floor master bedroom/huge balcony over look Olympia the most beautiful view!

Last Agent to Sell the Property

Yang Gerlach

Great Palm Beach Realty Inc. License #3159386 Listed on: 04/08/2020

Last Buyer's Agent

Yelena Yanovskaya

LoKation License #3229954

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,209

Year Built

  • Built in 2013

Lot Details

  • 9,329 Sq Ft Lot
  • Lake Front
  • Fenced
  • Interior Lot
  • Irregular Lot
  • Sprinkler System
  • Property is zoned PUD(ci

HOA Fees

  • $272 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,039 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Plantation Shutters
  • Single Hung Metal Windows
  • Blinds
  • Arched Windows
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Lake Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • The lake is a source of water for the property
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73424417020016830

Community Details

Overview

  • Association fees include common areas, cable TV, recreation facilities, security
  • Olympia Pl Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Business Center

Recreation

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

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,209

Year Built

Built in 2013

Lot Details

0

HOA Fees

$272 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Fatio Blvd to Payson Village to the end od Cul De Sac location!
  • Year Built: 2013
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 4039.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2
  • Window Features: Arched, Blinds, Drapes, Metal, Plantation Shutters, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Fence, Porch, Patio
  • View: Lake
  • Lot Features: Interior Lot, Irregular Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

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: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Lake, Public

Condo/Co-op/Association

  • Association Fee: 272.0
  • Community Features: Clubhouse, Game Room, Gated, Park, Pickleball, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Business Center, Cabana, Clubhouse, Management, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 73424417020016830
  • Lot Size Sq Ft: 9329.0
  • Zoning Description: PUD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10209.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Jul 10, 2020
Sold by
Wang Ming Lei and Wang Xiaolin Zhang
Bought by
Michaels Emil and Michaels Nellie
Seller's Agent
Yang Gerlach
Great Palm Beach Realty Inc.
Buyer's Agent
Yelena Yanovskaya
LoKation
List Price
$659,000
Sold Price
$630,000
Premium/Discount to List
-$29,000
-4.4%
Current Estimated Value
$1,066,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,231
Avg. Annual Appreciation
9.96%
Original Mortgage
$598,500
Outstanding Balance
$413,620
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$652,611

Purchase Details

Closed on
Dec 10, 2013
Sold by
Minto Communities Llc
Bought by
Wang Ming Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Michaels Emil $630,000 Attorney
Wang Ming Lei $586,722 Founders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaels Emil $598,500
Previous Owner Wang Ming Lei $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $630,000 -4.4% $156 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $659,000 0.0% $163 / Sq Ft
08/28/2017 08/28/17 Rented $3,500 -5.4% --
07/29/2017 07/29/17 Under Contract -- -- --
06/06/2017 06/06/17 For Rent $3,700 -- --
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 $10,857 $608,408 -- --
2024 $10,857 $591,261 -- --
2023 $10,588 $574,040 $0 $0
2022 $10,412 $557,320 $0 $0
2021 $10,313 $541,087 $121,649 $419,438
2020 $9,549 $459,354 $120,000 $339,354
2019 $10,214 $487,019 $120,000 $367,019
2018 $10,232 $501,413 $122,643 $378,770
2017 $8,024 $426,279 $0 $0
2016 $8,033 $417,511 $0 $0
2015 $11,231 $516,853 $0 $0
2014 $10,904 $495,239 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2020

    Yang Gerlach

    Great Palm Beach Realty Inc.

    (561) 506-9460

    2 in this area

    11 Total Sales

    Yang Gerlach
    Section Image

  • Y

    Buyer's Agent in 2020

    Yelena Yanovskaya

    LoKation

    (678) 557-7761

    2 in this area

    31 Total Sales

    Yelena Yanovskaya
    Section Image
  • Randall Regnier

    Buyer's Agent in 2017

    Randall Regnier

    Regnier Real Estate

    (904) 319-6700

    30 Total Sales

    Randall Regnier
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10614976

BeachesMLS (Greater Fort Lauderdale)

APN: 73-42-44-17-02-001-6830

Florida Palm Beach County Wellington 33414 Olympia

2905 Payson Way, Wellington, FL

Not Listed for Sale

Detached

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