NOT LISTED FOR SALE

3810 Gem Twist Ct Wellington, FL 33414

Estimated Value: $12,164,115

4 Beds
5 Baths
2,660 Sq Ft
$4,573/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $8,987,500 $3,379 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $70,495/month

52 Days on Market

Highlights

  • Gated with Attendant
  • Waterfront
  • 1 Car Garage
  • Polo Park Middle School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of March 2021

This professional equestrian facility is ideally located in Grand Prix Village South, just a short walk from the Palm Beach International Equestrian Center. The impressive property boasts two beautiful CBS center-aisle barns, a 130 by 300 ft. GGT all-weather arena, 5-horse walker, and a 4 bedroom, 2 bath grooms apartment with storage. Encompassing each of the barns are sixteen stalls, two wash stalls, a feed room, tack room, laundry room, and a half bath. The stables feature extra wide cobblestone aisleways, lofty wood paneled ceilings, and stunning European-style 12x12 ft. stalls. There is also a spacious lounge with a large, fully-equipped kitchen and covered patio overlooking the ring. Beautifully designed, landscaped and maintained, this property is a must see.

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 01/07/2021

Engel & Volkers Wellington

Last Buyer's Agent

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 01/07/2021

Engel & Volkers Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,852

Year Built

  • Built in 2013

Lot Details

  • 3.97 Acre Lot
  • Waterfront
  • Fenced
  • Property is zoned EOZD(c

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 2,660 Sq Ft Home
  • 2-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 73414420180000040

Community Details

Overview

  • Grand Prix Village South Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,852

Year Built

Built in 2013

Lot Details

0

HOA Fees

$1,200 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Grand Prix Village South
  • Year Built: 2013
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 2660.0
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fence
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: In Garage
  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Community Features: Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414420180000040
  • Lot Size Sq Ft: 172924.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 49852.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Mar 31, 2021
Sold by
Lec Equestrian Partners Lllp
Bought by
Horsepower Holdings Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$9,285,000
Sold Price
$8,987,500
Premium/Discount to List
-$297,500
-3.2%
Current Estimated Value
$12,164,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,176,615
Avg. Annual Appreciation
6.91%

Purchase Details

Listed on
Mar 20, 2014
Closed on
Oct 23, 2015
Sold by
J Aron Llc
Bought by
Lec Equestrian Partners Lllp
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$14,950,000
Sold Price
$8,250,000
Premium/Discount to List
-$6,700,000
-44.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$5,775,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 26, 2013
Closed on
Apr 26, 2013
Sold by
Far Niente Stables Vi Llc
Bought by
J Aron Llc
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$3,374,500
Sold Price
$3,374,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.19%
Source: Public Records

Range of Values:

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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
Horsepower Holdings Llc $8,987,500 Attorney
Lec Equestrian Partners Lllp $8,250,000 Attorney
J Aron Llc $3,374,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lec Equestrian Partners Lllp $5,775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $8,987,500 -3.2% $3,379 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $9,285,000 +12.5% $3,491 / Sq Ft
10/21/2015 10/21/15 Sold $8,250,000 -44.8% $2,473 / Sq Ft View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
03/20/2014 03/20/14 For Sale $14,950,000 +343.0% $4,481 / Sq Ft
04/26/2013 04/26/13 Sold $3,374,500 0.0% $1,012 / Sq Ft View Prior Sale
04/26/2013 04/26/13 For Sale $3,374,500 -- $1,012 / Sq Ft
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 $57,642 $2,779,051 -- --
2023 $55,969 $2,533,628 $0 $0
2022 $46,005 $2,314,125 $0 $0
2021 $50,708 $2,489,970 $107,185 $2,382,785
2020 $49,852 $2,428,093 $107,185 $2,320,908
2019 $49,471 $2,415,059 $0 $0
2018 $43,780 $2,158,922 $107,185 $2,051,737
2017 $44,726 $2,180,537 $0 $0
2016 $42,344 $2,013,581 $0 $0
2015 $32,013 $1,447,646 $0 $0
2014 $29,070 $1,307,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10682766

BeachesMLS

APN: 73-41-44-20-18-000-0040