tomo logo

$8,500,000

Beds
5
Baths
4.0
sq ft
3,781

2389 King Ter, Wellington, FL 33414

2389 King Ter

Wellington, FL 33414

  • 323 days on market
Location, Location!! This 6 acre, 30 stall equestrian compound is located in the heart of Saddle Trail. On the bridle path and a short hack to the horse show grounds. The three (3) barns have 14, 10 and 6 stalls respectively. Strong lease history. Separate lounge with kitchen and great patio area. The 5 bedroom 3.5 bath home has pool and pond views. The 115' X 215' riding arena with underground irrigation system is located adjacent to the grass jump field. There are 7 large paddocks with full irrigation and 10 wash/grooming stalls. There is a Kraft 6 horse covered walker. There are 3 gated entrances to the property with ample parking. TRULY A MUST SEE PROPERTY!!!

Details

Property type

Single Family Residence

Est. home value

$6,771,119

Lot size

4.09 acres

Price per sq ft

$2,249

Year built

1988

Annual property taxes

$39,263

HOA

Yes

Price History

11/02/2023
Beaches

Beaches #R10933775

Listed
$8,500,000
+198.25%
05/07/2014
Beaches

Beaches #R10039192

Sold
$2,850,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Malvern Bank Na

Loan start date

December 2019

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Stand Alone Second

Seller

King Terrace Llc

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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Price drop
Beaches
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3580 Aiken Ct, Wellington, FL 33414

Status: Active

Tomo last checked: 09/20/2024 at 4:40 AM

Listing updated: 09/04/2024 at 2:25 AM

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

MLS: Beaches #R10933775

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