NOT LISTED FOR SALE

Estimated Value: $991,206

5 Acres
$198,241 Price per Acre
217,800 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $950,000

Est. 4% increase in value since last sale

Current estimated payment $5,447/month

285 Days on Market

Highlights

  • 5 Acre Lot
  • No HOA
  • Fenced
  • Western Pines Community Middle School Rated A-

About This Lot

As of February 2023

5 acres on prime B road location. Corner lot, This lush nursery hosts a sprawling drive down a mature palm lined road. Two water pumps for irrigation and Electric in place. Modular office space constructed on premises. Situated in an area with new residential growth & development. Close to Wellington, an excellent equestrian opportunity, Zoned AG-Residential. New commercial developments already in various stages of completion to approval and construction. Walk to Publix, restaurants, gas stations, Wawa, car-wash - all minutes from the property. Close proximity to Palm Beach state College
Easy in /out access off Southern Blvd.

Last Agent to Sell the Property

Jessica Julian

Douglas Elliman License #3323123 Listed on: 07/12/2022

Douglas Elliman

Last Buyer's Agent

Jasmine Velez

Douglas Elliman Wellington License #658003

Douglas Elliman Wellington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,857

Lot Details

  • 5 Acre Lot
  • Rural Setting
  • West Facing Home
  • Fenced
  • Site Plan Filed
  • Property is zoned AR(cit

Additional Features

  • Drainage System
  • City Lot
  • Three-Phase Power

Listing and Financial Details

  • Assessor Parcel Number 41414317018040050

Community Details

Overview

  • No Home Owners Association
  • Loxahatchee Groves In Subdivision

Recreation

  • Utility Building

Property Details

Property Type

Land

Est. Annual Taxes

$1,857

Lot Details

5 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Agriculture
  • Property Sub Type Additional: Agriculture
  • Directions: Taking Southern West, turn right on B road.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Fenced
  • Lot Features: 5-10 Acres, City Lot, Drainage, Rural Lot
  • Road Frontage Type: Public Road
  • Waterfront: No
  • Direction Faces: West
  • Other Structures: Utility Building(s)

Utilities

  • Electric: 3 Phase
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 41414317018040050
  • Current Use: Agricultural, Other
  • Development Status: Site Plan Filed
  • Lot Size Acres: 5.0
  • Lot Size Sq Ft: 219442.0
  • Number Of Lots: 1
  • Mobile Dim Units: Feet
  • Zoning: AR(cit

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1856.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Feb 28, 2023
Sold by
Red Clover Lawn Service Inc
Bought by
Red Clover Farms Inc
Seller's Agent
Jessica Julian
Douglas Elliman
Buyer's Agent
Jasmine Velez
Douglas Elliman Wellington
List Price
$1,250,000
Sold Price
$950,000
Premium/Discount to List
-$300,000
-24%
Views
20
Current Estimated Value
$991,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,206
Avg. Annual Appreciation
1.39%
Original Mortgage
$250,000
Outstanding Balance
$240,756
Interest Rate
6.15%
Mortgage Type
Seller Take Back
Estimated Equity
$750,450
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Red Clover Farms Inc $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Clover Farms Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $950,000 -24.0% --
11/22/2022 11/22/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $1,250,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $2,244 $43,286 -- --
2024 $2,244 $40,813 -- --
2023 $1,790 $17,632 $0 $0
2022 $1,797 $17,632 $0 $0
2021 $1,857 $17,632 $17,632 $0
2020 $1,860 $17,632 $17,632 $0
2019 $1,861 $17,605 $17,605 $0
2018 $1,852 $17,605 $17,605 $0
2017 $1,372 $17,605 $0 $0
2016 $709 $17,605 $0 $0
2015 $1,404 $17,605 $0 $0
2014 $1,147 $17,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10775738

BeachesMLS (Greater Fort Lauderdale)

APN: 41-41-43-17-01-804-0050

Your Personal Tour Guide

Ask me questions while you tour the home.