NOT LISTED FOR SALE

6185 Homeland Rd Lake Worth, FL 33449

Estimated Value: $5,195,000 - $5,905,000

5.7 Acres
$972,115 Price per Acre
248,292 Sq Ft Lot

Last Sold March 17, 2017

Last sale price $500,000 $992 Per Sq Ft

Est. 1,008% increase in value since last sale

Current estimated payment $36,410/month

125 Days on Market

About This Lot

As of March 2017

Beautiful CLEARED Vacant 5.4 acre Lot surrounded by Million Dollar Homes in a Gated Community. Private, Peaceful Living, but close to all the modern day convenieces. High and Dry, no water on the 5.4 acre corner lot, Canal to the side. Ready to Build your Dream Home OR Equestrian Estate. Prime location. Army Corp Cert and ARB approval cleared. Plans available on request. ALL the work has been done ready for you to build.Just minutes from all of Wellingtons Equestrian Venues, dining and shopping. Easy access to 441 and Turnpike. Miles of Bridle paths.

Last Agent to Sell the Property

Sandra Kahn

Treasure Property Group LLC License #3249878 Listed on: 10/12/2016

Last Buyer's Agent

Sandra Kahn

Treasure Property Group LLC License #3249878 Listed on: 10/12/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,000

Lot Details

  • 5.7 Acre Lot
  • Waterfront
  • South Facing Home
  • Site Plan Filed
  • Property is zoned AR

HOA Fees

  • $200 Monthly HOA Fees

Community Details

  • Homeland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00414435010001400

Property Details

Property Type

Land

Est. Annual Taxes

$4,000

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: 441 South of Lake Worth Road, go West on 50th Street, to Homeland Equestrian Community Guard Gate
  • Special Features: None

Exterior Features

  • Waterfront: Yes
  • Direction Faces: South

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00414435010001400
  • Development Status: Site Plan Filed
  • Lot Size Acres: 5.7
  • Lot Size Sq Ft: 219542.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Zhang Zhonghua and Zhang Yuchen
Bought by
Rossano Nicholas and Rossano Jennifer
Current Estimated Value
$5,541,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,931,708
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$2,205,194

Purchase Details

Closed on
Feb 18, 2021
Sold by
Lot 140 Homestead Llc
Bought by
Zhang Zhonghua and Su Yuchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,642,010
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2016
Closed on
Mar 17, 2017
Sold by
Wilson William George
Bought by
Lot 140 Homestead Llc
Seller's Agent
Sandra Kahn
Treasure Property Group LLC
Buyer's Agent
Sandra Kahn
Treasure Property Group LLC
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.70%

Purchase Details

Closed on
Mar 28, 2016
Sold by
Azann Holdings Inc
Bought by
Wilson William George

Purchase Details

Listed on
Jul 12, 2012
Closed on
Jun 20, 2013
Sold by
Markatia Mohammed and Markatia Nilofer
Bought by
Azanh Holdings Inc
Seller's Agent
Faisal Haroon
Classic Realty Services, Inc
Buyer's Agent
Faisal Haroon
Classic Realty Services, Inc
List Price
$103,000
Sold Price
$90,000
Premium/Discount to List
-$13,000
-12.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.50%

Purchase Details

Closed on
May 30, 2003
Sold by
Ravosa Joseph R and Ravosa Taryn D
Bought by
Markatia Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2001
Sold by
Glenn Kennedy M and Glenn Nona Kennedy
Bought by
Ravosa Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1999
Sold by
Rauch Dorothy M and Mclellan William C
Bought by
Kennedy Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.51%
Mortgage Type
Credit Line Revolving
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
Rossano Nicholas $4,950,000 Sovereign Shores Title
Zhang Zhonghua $3,775,000 Attorney
Lot 140 Homestead Llc $500,000 First American Title Ins Co
Wilson William George $325,000 Palm Title Services Inc
Azanh Holdings Inc $90,000 Palm Title Services Inc
Markatia Mohammed $365,000 Universal Land Title Inc
Ravosa Joseph R $150,000 --
Kennedy Glenn $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossano Nicholas $495,000
Open Rossano Nicholas $3,000,000
Previous Owner Zhang Zhonghua $2,642,010
Previous Owner Markatia Mohammed $292,000
Previous Owner Ravosa Joseph R $150,000
Previous Owner Kennedy Glenn $120,000
Previous Owner Kennedy Glenn $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $500,000 -23.1% $992 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
10/12/2016 10/12/16 For Sale $650,000 +622.2% $1,290 / Sq Ft
07/11/2013 07/11/13 Sold $90,000 -12.6% $179 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
07/09/2012 07/09/12 For Sale $103,000 -- $204 / 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 $72,919 $4,472,894 -- --
2023 $71,402 $4,342,616 $673,596 $3,669,020
2022 $55,795 $3,309,095 $0 $0
2021 $43,488 $2,462,317 $343,980 $2,118,337
2020 $6,008 $327,600 $327,600 $0
2019 $5,532 $294,840 $294,840 $0
2018 $5,935 $327,600 $327,600 $0
2017 $6,021 $327,600 $327,600 $0
2016 $5,015 $221,760 $0 $0
2015 $4,018 $201,600 $0 $0
2014 $3,988 $197,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Kahn

    Seller's Agent in 2017

    Sandra Kahn

    Treasure Property Group LLC

    2 Total Sales

    Sandra Kahn
    Section Image

  • F

    Seller's Agent in 2013

    Faisal Haroon

    Classic Realty Services, Inc

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Map

Source: BeachesMLS

MLS Number: R10274194

BeachesMLS

APN: 00-41-44-35-01-000-1400

Florida Palm Beach County Lake Worth 33449

6185 Homeland Rd, Lake Worth, FL

This home is located at 6185 Homeland Rd, Lake Worth, FL 33449 since 12 October 2016 and is currently estimated at $5,541,055, approximately $10,994 per square foot. 6185 Homeland Rd 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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