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15635 Palma Ln
Wellington, FL 33414
Off Market · Public Record
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15635 Palma Ln Wellington, FL 33414

  • 3 baths
  • 5,078 sqft
  • 10.95 acres lot size
  • Single-Family Home
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  • Lowest crime relative to the rest of Palm Beach county.

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  • 1 Elementary School

    1 Middle School

    2 High Schools

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Property Details for 15635 Palma Ln


This property is no longer available to rent or buy. This description is from March 14, 2016
10.95 acre equestrian estate home in a gated Palm Beach Point, hacking distance to Grand Prix Village & WEF Showgounds. 12 Stall barn(can have up to 24). Spacious main residence w/3 bedroom suites, all opening to the heated pool & patio. Beautifully appointed with custom kitchen cabinetry, oversized butler's pantry, wide-plank wood floors, granite & marble finishes, wood beamed ceilings & a fireplace. The European courtyard Style stable was completely updated in 2014 - all new stall fronts, doors, brick paver aisle ways & center courtyard, exterior window shutters and 3 new wash racks. ...Above the barn are two, 1BR/1Bth grooms apartments with a shared balcony. There is an additional CBS constructed 100' x 60' outbuilding - easily converts to a custom designed center-aisle barn.This out-building could also house a work shop, RV, work out room or offer additional space for the car collector. It currently has additional stalls using portable European style systems. There is a beautiful 300' X 200' riding arena with great drainage and footing. The property lends its self perfectly for constructing a covered riding arena. There are 10 large grass paddocks, 2 of which are run-outs from stalls and a round pen. The property has separate entrances for the residence and stables. The private cul-de-sac location on the bridle path, is priceless. There are endless possibilities for this one of a kind property, its a must see to appreciate. It currently produces over $220,000 a year in gross income. The entire exterior of the house, stable and outbuilding were repainted in 2014. The property would easily be approved for up to 24 stalls. If you're looking for wonderful amenities, privacy, and a great location in close proximity to the show this is the property to see! A simple 1/2 Mile hack by bridle path to Grand Prix Village and WEF
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15635 Palma Ln Public Records


Official property, sales, and tax information from county (public) records as of 11/2016:
    • Single Family Residential
    • Lot Size: 10.95 acres
    • A/C
    • Parking Spaces: 4
    • 3 Buildings
    • Subdivision: PALM BEACH POINT AS IN
    • 3 Bathrooms
    • Built In 1996
    • Heating: Forced air unit
    • Exterior Walls: Stucco
    • Construction: Masonry
    • County: Palm Beach
    • 5,078 sqft
    • Stories: 1 story
    • Parking: Garage
    • Roof: Tile
    • Pool: Pool (yes)
    • Tax Rate Code Area: 73486
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Additional Costs For 15635 Palma Ln


Property Taxes and Assessment of 15635 Palma Ln


Land
Improvement
Total
$2,463,750
+
$1,375,571
=
$3,839,321
Year Tax Assessment Market
2016 $28,928 $1,269,305  $3,839,321 
Source: Public Records

Price History & Trends


Price History for 15635 Palma Ln


Date Event Price Source Agents
05/06/2016 Sold view detail $5,920,000 Public records Public records  
  • Recording Date
    05/06/2016
  • Contract Date
    05/05/2016
  • Sale Price
    $5,920,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $41,440
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Warranty Deed
07/22/2005 Sold view detail $3,000,000 Public records Public records  
  • Recording Date
    07/22/2005
  • Contract Date
    07/15/2005
  • Sale Price
    $3,000,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $21,000
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed
04/04/1994 Sold view detail $65,000 Public records Public records  
  • Recording Date
    04/04/1994
  • Sale Price
    $65,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $455
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed

Real Estate Trends in this area

Median sale price for all homes in this area $365,000 0% below listing price

Sold Homes near 15635 Palma Ln


Address Distance Property Type Sold price Sold date Bed Bath Sqft
3630 Jappeloup Ln, Wellington FL 1.67 Single-Family Home $2,250,000 01/18/17 3 3.5 4,041