NOT LISTED FOR SALE

3418 Gene Mische Way Wellington, FL 33414

Estimated Value: $10,790,536

5.93 Acres
$1,819,652 Price per Acre
258,311 Sq Ft Lot

Last Sold November 18, 2019

Last sale price $6,819,500

Est. 58% increase in value since last sale

Current estimated payment $57,011/month

85 Days on Market

About This Lot

As of November 2019

Prime equestrian property located conveniently next to the horse show grounds. Lots 3, 4 & 5 also available.

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 07/25/2019

Engel & Volkers Wellington

Last Buyer's Agent

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 07/25/2019

Engel & Volkers Wellington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,665

Lot Details

  • 5.93 Acre Lot
  • Waterfront
  • East Facing Home
  • Site Plan Filed
  • Property is zoned EOZD(c

Community Details

  • Wellington Country Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414420000005040

Property Details

Property Type

Land

Est. Annual Taxes

$15,665

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: call LA
  • Special Features: None

Exterior Features

  • Road Frontage Type: Private Road
  • Waterfront: Yes
  • Direction Faces: East

Lot Info

  • Parcel #: 73414420000005040
  • Development Status: Site Plan Filed
  • Lot Size Acres: 5.93
  • Lot Size Sq Ft: 6.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 15665.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Far Niente Stables V Llc
Bought by
Palm Beach International Equestrian Center and Grand Prix Farms Plat No 1 Pud
Current Estimated Value
$10,790,536

Purchase Details

Listed on
Jul 25, 2019
Closed on
Nov 18, 2019
Sold by
Chickering South Llc
Bought by
Far Niente Stables Xxv Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$6,967,750
Sold Price
$6,819,500
Premium/Discount to List
-$148,250
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$77,667,719
Interest Rate
3.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Palm Beach International Equestrian Center -- Greenberg Traurig Pa
Far Niente Stables Xxv Llc $6,819,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Far Niente Stables Xxv Llc $77,667,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $6,819,500 -2.1% --
10/19/2019 10/19/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $6,967,750 -- --
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 $5,026 $186,475 -- --
2023 $44,038 $2,250,336 $2,247,598 $2,738
2022 $115,920 $5,932,212 $0 $0
2021 $114,070 $5,931,864 $5,929,400 $2,464
2020 $102,276 $5,042,518 $5,039,990 $2,528
Source: Public Records

Agents Affiliated with this Home

  • Carol Sollak

    Seller's Agent in 2019

    Carol Sollak

    Engel & Volkers Wellington

    (561) 818-9476

    137 Total Sales

    Carol Sollak
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Map

Source: BeachesMLS

MLS Number: R10549162

BeachesMLS

APN: 73-41-44-20-20-000-0030

Florida Palm Beach County Wellington 33414

3418 Gene Mische Way, Wellington, FL

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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