tomo logo

$10,995,000

Beds
4
Baths
6.5
sq ft
6,942

14484 Belmont Trce, Wellington, FL 33414

14484 Belmont Trce

Wellington, FL 33414

  • 420 days on market
    • Price drop $505,000↓
This first-class gated equestrian estate located in Saddle Trail of Wellington, within hacking distance to the show! Enjoy just about a one mile hack to Wellington International all on maintained bridle paths. This all-inclusive property boasts a beautiful and thoughtfully designed 16-stall barn, full equestrian amenities, and a luxurious, designer home, all nestled on over 4 acres in the heart of Wellington's horse country. The stately barn features wide rubber-matted center aisle-ways with 12x12' matted stalls, 2 tack and 2 feed rooms, fly spray system and outdoor grooming areas. There is also a rider's lounge, office and 2 full bathrooms. There are 2 all-weather riding arenas, a round pen and 8 grass paddocks. Property has city water. Seller financing possibly available

Details

Property type

Single Family Residence

Lot size

4.29 acres

Price per sq ft

$1,584

Year built

2015

Annual property taxes

$67,972

Price History

10/29/2024
Beaches

Beaches #R10925276

Price change
$10,995,000
-4.39%
10/04/2023
Beaches

Beaches #R10925276

Listed
$11,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$8,737,647
Asking price
$10,995,000
Closing costs (~8% of asking)
-$879,600
Est. remaining loan balance
-$1,377,753
Cash to seller
$8,737,647

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

July 2020

Original loan amount

$1,517,000

Est. remaining balance

$1,377,753

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Tamara Monasterio and Hugo Marcelo Morales

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?

Status: Active

Tomo last checked: 11/26/2024 at 9:20 PM

Listing updated: 10/29/2024 at 1:45 PM

Listed by: Travis Laas, Engel & Volkers Wellington Phone #: (561) 791-2220

MLS: Beaches #R10925276

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