NOT LISTED FOR SALE

5221&5231 Laredo Way Wellington, FL 33449

Estimated Value: $2,575,000 - $2,855,000

5 Acres
$518,823 Price per Acre
227,950 Sq Ft Lot

Last Sold February 22, 2021

Last sale price $2,150,000

Est. 59% increase in value since last sale

Current estimated payment $21,585/month

256 Days on Market

Highlights

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

About This Lot

As of February 2021

This home is located at 5221&5231 Laredo Way, Wellington, FL 33449 since 11 May 2020 and is currently estimated at $2,715,000. 5221&5231 Laredo Way is a home located in Palm Beach County with nearby schools including Panther Run Elementary School, Polo Park Middle School, and Wellington High School.

Last Agent to Sell the Property

Tawny Wolf

Engel & Volkers Wellington License #3305238 Listed on: 05/11/2020

Engel & Volkers Wellington

Last Buyer's Agent

Craig Martin

Inactive member License #3275346

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,198

Lot Details

  • Waterfront
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned AG

HOA Fees

  • $300 Monthly HOA Fees

Community Details

  • Wellington Preserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73414434010020030

Property Details

Property Type

Land

Est. Annual Taxes

$32,198

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: 50TH TO PRESERVE, RIGHT ON LAREDO, PROPERTY ON RIGHT
  • Special Features: None

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414434010020030
  • Development Status: Site Plan Filed
  • Lot Size: 11 to 25 Acres,5 to 10 A
  • Zoning Description: AG

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Feb 22, 2021
Sold by
Slsjets Holding Llc
Bought by
5221 Laredo Way Inc
Seller's Agent
Tawny Wolf
Engel & Volkers Wellington
Buyer's Agent
Craig Martin
Inactive member
List Price
$3,138,000
Sold Price
$2,150,000
Premium/Discount to List
-$988,000
-31.49%
Current Estimated Value
$3,414,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,264,000
Avg. Annual Appreciation
5.37%
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
5221 Laredo Way Inc $2,150,000 None Available
5221 Laredo Way Inc $2,150,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $2,150,000 -31.5% --
01/23/2021 01/23/21 Pending -- -- --
05/11/2020 05/11/20 For Sale $3,138,000 -- --
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 $32,198 $1,450,789 -- --
2023 $26,188 $1,318,899 $1,318,899 $0
2022 $25,515 $1,261,896 $0 $0
2021 $21,291 $1,015,202 $1,015,202 $0
2020 $3,977 $141,291 $141,291 $0
2015 $3,242 $99,431 $0 $0
2014 $2,818 $78,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tawny Wolf

    Engel & Volkers Wellington

    (727) 501-6384

    18 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Craig Martin

    Inactive member

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10621883

BeachesMLS

APN: 73-41-44-34-01-002-0030

Florida Palm Beach County Wellington 33449

5221&5231 Laredo Way, Wellington, FL

This home is located at 5221&5231 Laredo Way, Wellington, FL 33449 since 11 May 2020 and is currently estimated at $2,715,000. 5221&5231 Laredo Way is a home located in Palm Beach County with nearby schools including Panther Run Elementary School, Polo Park Middle School, and Wellington High School.

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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