5 months on rocket

2389 King Ter, Wellington, FL, 33414

$8,500,000

5 Bedrooms
3 Full Baths, 2 Partial
3,781 SqFt
$2,248/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Garage - Attached, Garage - Building
Attached Garage3 spaces
Year Built1988
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone, Pond
ViewPond
Private PoolYes
MLS #RX-10933775
StatusActive

About 2389 King Ter

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!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1988
  • Stories: 1
  • Living Area: 3,781 SqFt

Listing Office:

  • Office Name: Equestrian Sotheby's International Realty Inc.
  • Office Phone: (561) 771-2626
  • Listing Agent: David A Welles

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Oven, Washer, Electric Water Heater
  • Flooring Type: Ceramic Tile
  • Interior: Pantry, Volume Ceiling

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None, Pond
  • View: Pond
  • Exterior: Auto Sprinkler, Extra Building, Fence, Utility Barn, Zoned Sprinkler

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Garage - Attached, Garage - Building

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Wellington Community High School, Public Magnet Grades 9-12
  • Polo Park Middle School, Public District Grades 6-8
  • New Horizons Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Green Briar to Appaloossa Trail - Turn Right - follow to next Right - Belmont Trace - follow to King Terrace - first left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,500,000
  • Price Per SqFt: $2,248/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $32,251
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wellington, FL.

Med. Sold Price

$695K

Med. Price/SqFt

$313

Avg. Days On Market

89

# of Sold Homes

57

2389 King Ter vs Wellington

176 DAYS ON ROCKET

+87 Days

$8,500,000

+$7.8M More

$2,248/SqFt

+$1.9K More

KEY TAKEAWAY

This property is $7.8M more than the Median Sold Price and $1.9K/SqFt more than other homes in Wellington, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10933775

Listing Office:

  • Office Name: Equestrian Sotheby's International Realty Inc.
  • Office Phone: (561) 771-2626
  • Listing Agent: David A Welles

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 2:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 02, 2014Home Sold
$2,850,000

Tax History

YEARPROP. TAXASSESSMENT
2020$32,251$1,550,429
2019$34,912$1,664,612
2018$31,350$1,529,695
2017$31,681$1,528,039

History based on county public records data.

Payment Calculator

$42.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4220316
7
/10
  • New Horizons Elementary School

  • 13900 Greenbriar Blvd

  • 1.06 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4220317
8
/10
  • Polo Park Middle School

  • 11901 Lake Worth Rd

  • 3.32 miles

  • Public District Grades 6-8

High School

school-card-donut-4220318
7
/10
  • Wellington Community High School

  • 2101 Greenview Shores Blvd

  • 1.02 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,248. The majority of Wellington, FL residents have income between $35k-100k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2389 King Ter

What is the listing price of this property?

The listing price of 2389 King Ter property is $8,500,000.

What type of property is this?

The property 2389 King Ter is a house located in Wellington, Florida, 33414.

Is this property for sale now?

Active Listing: 2389 King Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2389 King Ter are:
New Horizons Elementary School: GreatSchools Rating 7/10
Polo Park Middle School: GreatSchools Rating 8/10
Wellington Community High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $32,251 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 2, 2014 for $2,850,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2389 King Ter has 5 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 2389 King Ter is 3,781 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2389 King Ter is 1988.
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Rocket Homes›Florida›Palm Beach County›Wellington›33414›2389 King Ter

This home is located at 2389 King Ter in Wellington, FL and zip code 33414. This 3,781 square foot home was built in 1988. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $8,500,000.

Over 2 listings were sold over their listed price in March 2024 in Wellington, FL. In the same period over 48 listings were sold below the listed price and 7 listings were sold for the listed price. In March 2024 in Wellington, FL there were 12.4% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $695,000, while the average time on the real estate market was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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