NOT LISTED FOR SALE

5120 Las Palmas Ave Wellington, FL 33449

10.32 Acres
-- Price per Acre
449,539 Sq Ft Lot

Last Sold March 07, 2016

Last sale price $2,750,000

13 Days on Market

Highlights

  • 10.32 Acre Lot
  • Panther Run Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of March 2016

Come and build your dream farm on this excellent location in the gated Las Palmas equestrian community! 10.32 acres with contiguous land available for a much larger property.

Last Agent to Sell the Property

Craig Martin

Inactive Member License #3275346 Listed on: 01/23/2016

Co-Listed By

Matt Varney

Wellington Equestrian Realty License #3110381

Last Buyer's Agent

John Newsome

Preferred Properties, Inc. License #524895

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,509

Lot Details

  • 10.32 Acre Lot
  • Paved or Partially Paved Lot
  • 2 Lots in the community
  • Site Plan Filed
  • Property is zoned AR

HOA Fees

  • $1,866 Monthly HOA Fees

Community Details

  • Las Palmas Equestrian Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414432010230000

Property Details

Property Type

Land

Est. Annual Taxes

$6,509

Lot Details

0

HOA Fees

$1,866 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take South Shore Blvd. to 50th Street, go west. Left on Las Palmas Ave. After gate, properties will be on left.
  • Special Features: None

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee: 1866.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414432010230000
  • Development Status: Site Plan Filed
  • Lot Size Acres: 10.32
  • Lot Size: 2 PARCELS = 10.32 ACRES
  • Number Of Lots: 2
  • Zoning Description: AR

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6509.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2016
Closed on
Feb 20, 2016
Sold by
Fleischhacker John J and Fleischhacker Daveanna
Bought by
Melver Kyle Elissa
Seller's Agent
Craig Martin
Inactive Member
Buyer's Agent
John Newsome
Preferred Properties, Inc.
List Price
$2,750,000
Sold Price
$2,750,000

Purchase Details

Listed on
Dec 15, 2014
Closed on
Sep 14, 2015
Sold by
Malone John C and Malone Leslie A
Bought by
Fleischhacker John J
Seller's Agent
Matt Varney
Wellington Equestrian Realty
Buyer's Agent
Matt Varney
Wellington Equestrian Realty
List Price
$3,655,000
Sold Price
$2,578,700
Premium/Discount to List
-$1,076,300
-29.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%

Purchase Details

Closed on
Mar 15, 2013
Sold by
5120 Las Palmas Llc
Bought by
Malone John C

Purchase Details

Closed on
Mar 14, 2013
Sold by
Vankampen Judith M and Vankampen Van Kampen
Bought by
5120 Las Palmas Llc

Purchase Details

Closed on
Jan 1, 2012
Sold by
Vankampen Judith M and Vankampen Van Kampen
Bought by
5220 Las Palmas Llc

Purchase Details

Closed on
Jun 15, 2005
Sold by
Las Palmas Equestrian Llc
Bought by
Vankampen Judith M
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
Melver Kyle Elissa $2,750,000 None Available
Fleischhacker John J $2,578,700 Attorney
Malone John C $1,250,000 Attorney
Malone John C $1,250,000 Attorney
5120 Las Palmas Llc -- Attorney
5220 Las Palmas Llc -- Attorney
5220 Las Palmas Llc -- Attorney
Vankampen Judith M $2,830,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2016 03/07/16 Sold $2,750,000 0.0% --
02/06/2016 02/06/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $2,750,000 +6.6% --
09/18/2015 09/18/15 Sold $2,578,700 -29.4% -- View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $3,655,000 -- --
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 $100,097 $5,193,827 -- --
2023 $101,040 $5,207,229 -- --
2022 $93,221 $4,471,225 -- --
2021 $83,552 $4,062,504 $684,311 $3,378,193
2020 $85,525 $4,157,344 $684,311 $3,473,033
2019 $81,322 $3,996,684 $0 $0
2018 $44,173 $2,126,616 $683,266 $1,443,350
2017 $47,687 $2,277,280 $2,277,280 $0
2016 $23,212 $1,080,387 $0 $0
2015 $3,247 $97,749 $0 $0
2014 $16,531 $721,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Craig Martin

    Inactive Member

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Matt Varney

    Wellington Equestrian Realty

  • John Newsome

    Buyer's Agent in 2016

    John Newsome

    Preferred Properties, Inc.

    (561) 309-6718

    John Newsome
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10201474

BeachesMLS

APN: 73-41-44-32-01-022-0000

Florida Palm Beach County Wellington 33414

5120 Las Palmas Ave, 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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