NOT LISTED FOR SALE

4985 Stables Way Wellington, FL 33414

Estimated Value: $6,370,443 - $7,888,000

7 Beds
8 Baths
5,445 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $7,000,000 $1,286 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $43,948/month

121 Days on Market

Highlights

  • Horses Allowed in Community
  • Saltwater Pool
  • Marble Flooring
  • Polo Park Middle School Rated A-
  • Canal Access
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of June 2024

Sprawling 5 acre farm with a NEW COVERED ARENA! Located within hacking distance to the show grounds, this equestrian estate includes an over 4,500 sq ft main house and a 12 stall center aisle barn with 2 grooms quarters, tack and feed rooms, multiple wash stalls, a 85x200 ft NEW covered arena with mirrors, a new round pen and 6 paddocks. The barn is finished with tongue and groove, shutters & roll-down doors. Separate barn entrance and parking, along with an impressive house entry with 2 gates.

Last Agent to Sell the Property

Travis Laas

Engel & Volkers Wellington License #3262273 Listed on: 01/31/2024

Engel & Volkers Wellington

Last Buyer's Agent

Guillermo Diaz

Eleven Realty Partners LLC License #3229448

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,778

Year Built

  • Built in 2003

Lot Details

  • 5 Acre Lot
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned EOZD(c

Parking

  • 6 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 5,445 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • High Ceiling
  • Double Hung Metal Windows
  • Arched Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Workshop
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 8 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass

Pool

  • Saltwater Pool
  • Pool is Self Cleaning
  • In Ground Spa

Outdoor Features

  • Canal Access
  • Patio
  • Shed

Schools

  • New Horizons Elementary School
  • Polo Park Middle School
  • Wellington High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 73414429010000530

Community Details

Overview

  • Palm Beach Point East Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,778

Year Built

Built in 2003

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Shore to 50th, turn right, 50th to Stables Way, turn right, property on the left.
  • Year Built: 2003
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Wet Bar, Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, High Ceilings, Jetted Tub, Pantry, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum, Workshop
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: In Ground
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 8
  • Total Bedrooms: 7
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 5445.0
  • Dining Room Type: Den, Family Room, Storage Room, Workshop
  • Stories: 1
  • Window Features: Arched, Double Hung, Impact Glass, Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Patio, Shed
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Cleaning System, Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Detached, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: Security System, Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: New Horizons
  • High School: Wellington
  • Middle Or Junior School: Polo Park

Lot Info

  • Parcel #: 73414429010000530
  • Horse Amenities: Horses Allowed
  • Lot Size: 5 Acres
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 55778.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Jun 28, 2024
Sold by
Raik Holdings Corp
Bought by
Jones John W and Jones Kelly
Seller's Agent
Travis Laas
Engel & Volkers Wellington
Buyer's Agent
Guillermo Diaz
Eleven Realty Partners LLC
List Price
$7,999,000
Sold Price
$7,000,000
Premium/Discount to List
-$999,000
-12.49%
Views
35
Current Estimated Value
$7,066,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,814
Avg. Annual Appreciation
0.72%
Original Mortgage
$4,900,000
Outstanding Balance
$4,836,505
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$2,230,309

Purchase Details

Closed on
Aug 10, 2022
Sold by
4985 Stables Llc
Bought by
Raik Holdings Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2019
Sold by
Lafayette Wellington Estates Llc
Bought by
4985 Stables Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,490,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 8, 2015
Closed on
Jul 13, 2016
Sold by
Zugel Sonia M
Bought by
Lafaryette Willingrton Estes Llc
Seller's Agent
Thomas Baldwin
Equestrian Sotheby's International Realty Inc.
Buyer's Agent
Travis Laas
Engel & Volkers Wellington
List Price
$4,299,000
Sold Price
$3,520,000
Premium/Discount to List
-$779,000
-18.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Mar 31, 2008
Sold by
Quintana Raul E and Quintana Maura
Bought by
Zugel Sonia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2006
Sold by
Morales Jesus and Jesus Morales Revocable Trust
Bought by
Quintana Raul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2005
Sold by
Morales Jesus and Morales Edita
Bought by
Morales Jesus and Jesus Morales Revocable Trust

Purchase Details

Closed on
Dec 13, 2000
Sold by
Isbell Greg
Bought by
Morales Jesus

Purchase Details

Closed on
Sep 13, 1999
Sold by
Valliere Linda C
Bought by
Isbell Greg
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
Jones John W $7,000,000 None Listed On Document
Raik Holdings Corp -- Nu World Title Llc
4985 Stables Llc $4,980,000 Attorney
Lafaryette Willingrton Estes Llc $3,520,000 None Available
Zugel Sonia M $3,650,000 Attorney
Quintana Raul E $3,200,000 Title Closing Partners Of Br
Morales Jesus -- --
Morales Jesus -- --
Isbell Greg $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones John W $4,900,000
Previous Owner Raik Holdings Corp $4,800,000
Previous Owner 4985 Stables Llc $2,490,000
Previous Owner Zugel Sonia M $2,650,000
Previous Owner Quintana Raul E $250,000
Previous Owner Quintana Raul E $2,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $7,000,000 -12.5% $1,286 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $7,999,000 +60.6% $1,469 / Sq Ft
07/22/2019 07/22/19 Sold $4,980,000 -7.7% $1,089 / Sq Ft View Prior Sale
06/22/2019 06/22/19 Pending -- -- --
12/28/2017 12/28/17 For Sale $5,395,000 0.0% $1,179 / Sq Ft
11/18/2016 11/18/16 Rented $90,000 +757.1% --
10/19/2016 10/19/16 Under Contract -- -- --
09/25/2016 09/25/16 For Rent $10,500 0.0% --
07/14/2016 07/14/16 Sold $3,520,000 -18.1% $574 / Sq Ft View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
09/08/2015 09/08/15 For Sale $4,299,000 -- $701 / 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 $83,504 $4,330,500 -- --
2023 $84,635 $4,360,266 $499,060 $3,861,206
2022 $61,960 $2,989,188 $0 $0
2021 $55,778 $2,716,353 $360,000 $2,356,353
2020 $53,611 $2,589,068 $360,000 $2,229,068
2019 $45,328 $2,270,201 $0 $0
2018 $39,596 $1,946,230 $0 $0
2017 $54,460 $2,642,020 $1,260,000 $1,382,020
2016 $32,565 $1,493,019 $0 $0
2015 $30,866 $1,339,618 $0 $0
2014 $28,186 $1,208,744 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Travis Laas

    Seller's Agent in 2024

    Travis Laas

    Engel & Volkers Wellington

    (561) 906-7007

    102 Total Sales

    Travis Laas
    Section Image
  • Guillermo Diaz

    Buyer's Agent in 2024

    Guillermo Diaz

    Eleven Realty Partners LLC

    (561) 502-0106

    49 Total Sales

    Guillermo Diaz
    Section Image

  • N

    Buyer Co-Listing Agent in 2024

    Nicolas Diaz

    Eleven Realty Partners LLC

    (561) 966-4000

    20 Total Sales

    Nicolas Diaz
    Section Image

  • T

    Seller's Agent in 2016

    Thomas Baldwin

    Equestrian Sotheby's International Realty Inc.

    (561) 714-3098

    24 Total Sales

    Thomas Baldwin
    Section Image

  • T

    Buyer's Agent in 2016

    Tawny Wolf

    Engel & Volkers Wellington

    (727) 501-6384

    17 Total Sales

    Tawny Wolf
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10955329

BeachesMLS

APN: 73-41-44-29-01-000-0530

Florida Palm Beach County Wellington 33414

4985 Stables 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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