See Home Value
$569,757*
House - Off Market

741 Lake Wellington Drive

Wellington, FL 33414
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1611 Sqft
$504,000 - $616,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold May 23, 2023
$536,250
Sold Mar 19, 2020
$324,900
$319,014 by Us Mortgage Corp
Mortgage Due Mar 01, 2050

About This Property

The newly renovated turnkey property with a new roof and Miami-Dade Approved Skylights is located on the corner lot off Lake Wellington in the upscale community of Monterey on the Lake. The single-family home is located in the heart of Wellington, within five miles of the Wellington Mall, fine dining, and A-rated schools.** SELLER IS MOTIVATED TO SELL... MAKE AN OFFER!!Please provide 24 hour notice.

The manager has listed the unit size as 1611 square feet.
Unit Size
1,611Ft²
Days on Market
-
Land Size
-
Price per sqft
$348
Property Type
House
Property Taxes
$459
HOA Dues
$137
Year Built
1993

Price History

Date / Event Date Event Price
May 23, 2023 Sold $536,250
Sold
Apr 24, 2023 No longer available -
No longer available
Mar 15, 2023 Price Decreased $560,000
↓ $25K (4.3%)
Price Decreased
Mar 10, 2023 Price Decreased $585,000
↓ $40K (6.4%)
Price Decreased
Feb 24, 2023 Price Decreased $625,000
↓ $24K (3.7%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 6,647
  • Total Building Area: 2,270
  • Gross Building Area: 2,270
  • Building Area: 1,611
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,611
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONTEREY ON THE LAKE
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MONTEREY ON THE LAKE LT 77

Ownership

  • Current Owner : DOWE LIVING TRUST
  • Previous Owner : JACKSON JANNARD M
  • Previous Owner 2: JACKSON MONIQUE L
  • Owner Before Previous Owner: KWARTENG ISAAC
  • Owner Before Previous Owner 2: KWARTENG SOPHIA
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007724

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 184
  • Parcel: 73-41-44-03-19-000-0770
  • Lot: 77
  • Meridian: SEC 03 TWN 44S RNG 41E
  • Municipality: WELLINGTON
  • Latitude: 26.6694
  • Longitude: -80.2504

    Address

  • Full Address: 741 Lake Wellington Dr
  • Address - House Number: 741
  • Address - Street Name: Lake Wellington
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Wellington
  • Carrier Code: C062
  • 4-Digit Zip Code: 7971
  • Zip Code: 33414

Valuation

    Tax

  • Total Area: 1,880
  • Tax Year: 2023
  • Tax Amount: $5,669
  • Tax Rate Code Area: 73486

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 576,224
  • High Value: 686,383
  • Low Value: 466,065

    Market Valuation

  • Market Total Value: $445,046
  • Market Land Value: $181,196
  • Market Improvement Value: $263,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,767

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Transaction ID: 11907598542
  • Current Sale Price: $536,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 173834
  • Previous Sale Recording Date: Mar 19, 2020
  • Previous Sale Contract Date: Feb 14, 2020
  • Previous Sale Amount: $324,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: US MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 19, 2020
  • Previous Mortgage Loan Amount: $319,014
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,193 ft²
$319/ft²
$699,000 Jul 21, 2022
-
$226/mo
House
3 Beds
2.5 Baths
2,281 ft²
$313/ft²
$714,900 Oct 19, 2021
-
$248/mo
House
3 Beds
2 Baths
2,515 ft²
$278/ft²
$699,900 Dec 22, 2022
-
$922/mo
House
4 Beds
2 Baths
1,714 ft²
$438/ft²
$750,000 Jan 24, 2023
-
$665/mo
House
4 Beds
2 Baths
1,919 ft²
$302/ft²
$580,000 Sep 16, 2022
-
$526/mo
House
4 Beds
4 Baths
2,400 ft²
$218/ft²
$524,000 Feb 19, 2019
-
-

About Monterey on the Lake


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Frequently Asked Questions

When was property at 741 Lake Wellington Drive built and last sold?
The property at 741 Lake Wellington Drive was built in 1993 and last sold on May 18, 2023 for $536,250.
How much is this home worth?
The estimated value of the home located at 741 Lake Wellington Drive is $625,200.
What are some comparable homes to 741 Lake Wellington Drive?
Homes that are comparable to 741 Lake Wellington Drive include a house property at 811 Silverbell Lane, 12668 Westport Circle, 12605 Timber Pine Trail.

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