NOT LISTED FOR SALE

4700 Stables Way Wellington, FL 33414

Estimated Value: $6,261,074

6 Beds
5.5 Baths
3,274 Sq Ft
$1,912/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $4,400,000 $1,344 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $36,526/month

Highlights

  • Barn
  • Stables
  • Wood Flooring
  • Polo Park Middle School Rated A-
  • Waterfront
  • Furnished

About This Home

As of December 2023

Prime property positioned in Palm Beach Point East, this 5-acre equestrian estate has recently undergone a thorough renovation. This property enjoys direct land access to the bridle path that leads to WEF, which is just a short hack away. This well-appointed 18-stall barn includes two offices each with a kitchenette, half-bath, and attached tack rooms, two laundry rooms with built-in storage, a one-bedroom grooms' apartment with kitchenette, and a storage room with built-in cabinetry. The second level of the building houses two separate living quarters, both an owners' apartment and an additional grooms' apartment; each of which includes two bedrooms and two bathrooms. The grounds of the property include a Riso fiber arena, 10 paddocks, and a spacious storage garage.

Last Agent to Rent the Property

Frank Van Amburgh

Van Amburgh Properties LLC License #3246612 Listed on: 07/19/2023

Last Renter's Agent

Nicole Liebowitz

Balavaan Realty LLC License #3523901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,059

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Sprinkler System

Property Views

  • Water
  • Garden

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,274 Sq Ft Home
  • Furnished
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Barn
  • Stables

Community Details

  • Palm Beach Point East Subdivision

Listing and Financial Details

  • Property Available on 11/1/23
  • Assessor Parcel Number 73414429010000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,059

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-11-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: .
  • Year Built: 2003
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Ceramic Tile, Wood
  • Living Area: 3274.0

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Other Structures: Barn(s), Stable(s)
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414429010000050
  • Lot Size: 5 to <10 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Dec 18, 2020
Sold by
T & R Stables Way Llc
Bought by
Vanamburgh Frank and Vanamburgh Van Amburgh
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Frank Van Amburgh
Van Amburgh Properties LLC
List Price
$6,850,000
Sold Price
$4,400,000
Premium/Discount to List
-$2,450,000
-35.77%
Current Estimated Value
$6,261,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,861,074
Avg. Annual Appreciation
7.51%
Original Mortgage
$2,640,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2015
Closed on
Sep 14, 2016
Sold by
Kindle Hill Florida Llc
Bought by
T & R Stabes Way Llc
Seller's Agent
Martha Jolicoeur
Douglas Elliman (Wellington)
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$4,390,000
Sold Price
$3,750,000
Premium/Discount to List
-$640,000
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%

Purchase Details

Closed on
May 16, 2016
Sold by
Turner Kevin C and Lawaetz Alice
Bought by
Shiloh South Llc

Purchase Details

Closed on
Aug 2, 2010
Sold by
Kobie Enterprises L L C
Bought by
Kindle Hill Florida Llc

Purchase Details

Closed on
Nov 14, 2003
Sold by
Madorma Carl J and Madorma Phyllis
Bought by
Barrus David

Purchase Details

Closed on
Nov 4, 2002
Sold by
Sollak Ludwig and Sollak Carol A
Bought by
Kobie Enterprises Llc

Purchase Details

Closed on
Oct 15, 2001
Sold by
Isbell Gregory A and Isbell Armour V
Bought by
Sollak Ludwig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2000
Sold by
Key Ventures Nv
Bought by
Isabell Gregory A

Purchase Details

Closed on
Jun 22, 1995
Sold by
Garcia Naar Rene and Degarcia Elena M
Bought by
Kantor John F
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
Vanamburgh Frank $4,400,000 Attorney
T & R Stabes Way Llc $3,750,000 First American Title Ins Co
Shiloh South Llc $7,750,000 Attorney
Kindle Hill Florida Llc $2,895,000 Attorney
Barrus David $515,000 Landmark Title Of Florida In
Kobie Enterprises Llc $550,000 --
Sollak Ludwig $175,000 --
Sollak Ludwig $175,000 --
Isabell Gregory A $500,000 --
Kantor John F $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanamburgh Frank $2,640,000
Previous Owner Sollak Ludwig $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Rented $340,000 -9.3% --
08/02/2023 08/02/23 Under Contract -- -- --
07/19/2023 07/19/23 For Rent $375,000 +31.6% --
11/15/2021 11/15/21 Rented $285,000 +2900.0% --
10/16/2021 10/16/21 Under Contract -- -- --
01/28/2021 01/28/21 For Rent $9,500 0.0% --
12/18/2020 12/18/20 Sold $4,400,000 -35.8% $1,561 / Sq Ft View Prior Sale
11/18/2020 11/18/20 Pending -- -- --
10/26/2017 10/26/17 For Sale $6,850,000 +82.7% $2,431 / Sq Ft
09/20/2016 09/20/16 Sold $3,750,000 -14.6% $1,217 / Sq Ft View Prior Sale
08/21/2016 08/21/16 Pending -- -- --
10/02/2015 10/02/15 For Sale $4,390,000 -- $1,424 / 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 $45,059 $2,266,709 -- --
2023 $45,687 $2,286,575 $150,000 $2,136,575
2022 $46,050 $2,195,601 $0 $0
2021 $41,563 $1,994,637 $135,000 $1,859,637
2020 $37,470 $1,983,058 $0 $0
2019 $34,028 $1,696,452 $0 $0
2018 $29,502 $1,402,355 $135,000 $1,267,355
2017 $30,145 $1,417,727 $0 $0
2016 $18,815 $709,150 $0 $0
2015 $17,584 $635,136 $0 $0
2014 $15,999 $566,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10905554

BeachesMLS

APN: 73-41-44-29-01-000-0050