tomo logo

$1,695,000

Beds
5
Baths
4.5
sq ft
4,486

12316 Equine Ln, Wellington, FL 33414

12316 Equine Ln

Wellington, FL 33414

  • 219 days on market
    • Price drop $54,000↓
Step into sweeping lake views and discover the spacious elegance of this home nestled within the gated Equestrian Club community. The chef's kitchen, with a large center island and butler's pantry, makes entertaining a breeze while a whole-house generator and accordion storm shutters ensure peace of mind during adverse weather. Elegant marble floors flow throughout the nearly 4,500 square foot residence, and a stunning primary suite with ample closet space awaits on the second floor. Just moments to Wellington's equestrian competition venues, and easy access to Lake Worth Road, 441, and Florida's Turnpike for a convenient commute to PBI or FLL airports, Palm Beach Island, and nearby beaches. A-rated schools and desirable community amenities offer additional lifestyle advantages.

Details

Property type

Single Family Residence

Est. home value

$1,882,952

Lot size

0.34 acres

Price per sq ft

$378

Year built

2004

Annual property taxes

$12,421

Monthly HOA fee

$498

Price History

08/30/2024
Beaches

Beaches #R10959828

Price change
$1,695,000
-3.09%
04/17/2024
Beaches

Beaches #R10959828

Price change
$1,749,000
-6.72%
02/14/2024
Beaches

Beaches #R10959828

Listed
$1,875,000
-6.25%

Schools & Community

Elementary school: 

Panther Run

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Gated, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,269,987
Asking price
$1,695,000
Closing costs (~8% of asking)
-$135,600
Est. remaining loan balance
-$289,413
Cash to seller
$1,269,987

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Proficio Mortgage Ventures

Loan start date

December 2010

Original loan amount

$417,000

Est. remaining balance

$289,413

Interest rate

4.24%

Loan type

New Conventional, 30 year

Seller

Richard A Reiner and Luba M Reiner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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11750 Paradise Cove Ln, Wellington, FL 33449

Status: Active

Tomo last checked: 09/20/2024 at 12:40 AM

Listing updated: 09/04/2024 at 1:43 AM

Listed by: Michelle Hall, Equestrian Sotheby's International Realty Inc. Phone #: (561) 771-2626

MLS: Beaches #R10959828

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