NOT LISTED FOR SALE

5281 Laredo Way Wellington, FL 33449

Estimated Value: $3,010,000 - $5,506,420

13 Acres
$340,180 Price per Acre
581,962 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $4,800,000

Est. 5% decrease in value since last sale

Current estimated payment $31,685/month

320 Days on Market

Highlights

  • Waterfront
  • 13.36 Acre Lot
  • Canal View
  • Panther Run Elementary School Rated A-
  • Canal Access
  • Paved or Partially Paved Lot

About This Lot

As of July 2023

Outstanding opportunity to build on 13+ acres of cleared, high & dry land in the private gated equestrian community of Wellington Preserve. Enjoy the convenience of paved roads, underground electric and city water, while embracing the feeling of wide open space. Don't miss the chance to build your home and equestrian dream!

Last Agent to Sell the Property

Luis Rodriguez

Keller Williams Realty - Welli License #3270235 Listed on: 09/01/2022

Keller Williams Realty - Welli

Last Buyer's Agent

John Greene

Douglas Elliman (Wellington) License #3284867

Douglas Elliman (Wellington)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $49,951

Lot Details

  • 13.36 Acre Lot
  • Waterfront
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned EOZD(c

HOA Fees

  • $470 Monthly HOA Fees

Property Views

  • Canal
  • Garden

Listing and Financial Details

  • Assessor Parcel Number 73414434010020090

Community Details

Overview

  • Wellington Preserve Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$49,951

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: 50th St. to Everglades Way, left on Wellington Preserve Blvd. then right on Laredo Way and property down on the right.
  • Special Features: VirtualTour

Exterior Features

  • View: Canal, Garden
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 470.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 73414434010020090
  • Development Status: Site Plan Filed
  • Lot Size Acres: 13.36
  • Lot Size: 11 to 25 Acres,5 to 10 A
  • Lot Size Sq Ft: 581961.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 49951.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Jul 11, 2023
Sold by
Elite Horse Training Llc
Bought by
Next Step N Development Llc
Seller's Agent
Luis Rodriguez
Keller Williams Realty - Welli
Buyer's Agent
John Greene
Douglas Elliman (Wellington)
List Price
$5,250,000
Sold Price
$4,800,000
Premium/Discount to List
-$450,000
-8.57%
Views
54
Current Estimated Value
$4,544,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$255,193
Avg. Annual Appreciation
-1.72%

Purchase Details

Listed on
Aug 13, 2020
Closed on
Mar 16, 2021
Sold by
Stinnett Chris and Stinnett Thea
Bought by
Elite Horse Training Llc
Seller's Agent
Tawny Wolf
Engel & Volkers Wellington
Buyer's Agent
Luis Rodriguez
Keller Williams Realty - Welli
List Price
$2,600,000
Sold Price
$2,500,000
Premium/Discount to List
-$100,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.15%

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 17, 2019
Sold by
Sleeping Dragon Farm Llc
Bought by
Stinnett Thea and Stinnett Chris
Seller's Agent
Craig Martin
Inactive member
Buyer's Agent
Tawny Wolf
Engel & Volkers Wellington
List Price
$2,915,550
Sold Price
$2,750,000
Premium/Discount to List
-$165,550
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.54%

Purchase Details

Listed on
May 22, 2015
Closed on
May 7, 2015
Sold by
Diamante Farms Dressage Llc
Bought by
Sleeping Dragon Farm Llc
Seller's Agent
Jordan Hayman
Engel & Volkers Wellington
Buyer's Agent
Craig Martin
Inactive member
List Price
$2,200,000
Sold Price
$2,117,610
Premium/Discount to List
-$82,390
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Listed on
Nov 5, 2014
Closed on
Feb 2, 2015
Sold by
Tanen Homes Llc
Bought by
Diamante Farms Dressage Llc
Seller's Agent
Diane Jenkins
Jenkins Realty Inc.
Buyer's Agent
Jordan Hayman
Engel & Volkers Wellington
List Price
$1,841,400
Sold Price
$1,534,500
Premium/Discount to List
-$306,900
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.59%

Purchase Details

Closed on
May 10, 2012
Sold by
Wellington Preserve Corporation
Bought by
Tanen Homes Llc
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
Next Step N Development Llc $4,800,000 None Listed On Document
Elite Horse Training Llc $2,500,000 Attorney
Stinnett Thea $2,750,000 Attorney
Sleeping Dragon Farm Llc $2,117,610 None Available
Diamante Farms Dressage Llc $767,300 Attorney
Tanen Homes Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elite Horse Training Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $4,800,000 -8.6% --
06/07/2023 06/07/23 For Sale $5,250,000 +9.4% --
06/01/2023 06/01/23 Off Market $4,800,000 -- --
09/01/2022 09/01/22 For Sale $5,250,000 +110.0% --
03/16/2021 03/16/21 Sold $2,500,000 -3.8% --
02/14/2021 02/14/21 Pending -- -- --
08/13/2020 08/13/20 For Sale $2,600,000 -5.5% --
10/17/2019 10/17/19 Sold $2,750,000 -5.7% --
09/17/2019 09/17/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $2,915,550 +37.7% --
05/26/2015 05/26/15 Sold $2,117,610 -3.7% --
05/22/2015 05/22/15 For Sale $2,200,000 +43.4% --
02/04/2015 02/04/15 Sold $1,534,500 -16.7% --
01/05/2015 01/05/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $1,841,400 -- --
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 $77,414 $3,991,377 -- --
2023 $8,350 $307,029 $307,029 $0
2022 $49,951 $2,467,920 $0 $0
2021 $41,199 $1,985,454 $1,985,454 $0
2020 $37,727 $1,770,534 $1,770,534 $0
2019 $38,126 $1,770,534 $1,770,534 $0
2018 $37,213 $1,773,092 $1,773,092 $0
2017 $37,638 $1,773,092 $1,773,092 $0
2016 $18,783 $863,478 $0 $0
2015 $14,339 $578,127 $0 $0
2014 $13,044 $525,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luis Rodriguez

    Seller's Agent in 2023

    Luis Rodriguez

    Keller Williams Realty - Welli

    (561) 385-2383

    22 Total Sales

    Section Image
  • John Greene

    Buyer's Agent in 2023

    John Greene

    Douglas Elliman (Wellington)

    (561) 654-7341

    15 Total Sales

    Section Image

  • P

    Buyer Co-Listing Agent in 2023

    Phatavanh Olsen

    Douglas Elliman

    (917) 463-7299

    19 Total Sales

    Section Image

  • T

    Seller's Agent in 2021

    Tawny Wolf

    Engel & Volkers Wellington

    (727) 501-6384

    18 Total Sales

    Section Image

  • C

    Seller's Agent in 2019

    Craig Martin

    Inactive member

    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Christopher Desino

    Wellington Equestrian Realty

    (352) 615-8890

    32 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10828904

BeachesMLS

APN: 73-41-44-34-01-002-0090

Florida Palm Beach County Wellington 33449

5281 Laredo Way, Wellington, FL

This home is located at 5281 Laredo Way, Wellington, FL 33449 since 01 September 2022 and is currently estimated at $4,544,807. 5281 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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