Property detail

Location Address 5121 LASSO WAY
Municipality WELLINGTON
Parcel Control Number 73-41-44-34-01-003-0030
Subdivision WELLINGTON PRESERVE
Official Records Book/Page 34533 / 481
Sale Date 08/28/2023
Legal Description WELLINGTON PRESERVE LT 3 BLK C

Owner INFORMATION

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Owner(s) Mailing Address
CHEVEL USA LLC
5121 LASSO WAY
WELLINGTON FL 33449 5900

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
08/28/2023 $8,850,000 34533 / 00481 WARRANTY DEED CHEVEL USA LLC
03/10/2022 $10 33388 / 00249 WARRANTY DEED STUDD PAUL &
05/17/2019 $1,050,000 30634 / 00261 WARRANTY DEED 5121 LASSO WAY LLC &
09/29/2014 $10 27174 / 00759 WARRANTY DEED DIAMANTE FARMS DRESSAGE LLC
07/01/2004 $55,000,000 17202 / 01434 WARRANTY DEED WELLINGTON PRESERVE CORP

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
STR Storage Area 169
STR Storage Area 450
SPT Support Area 690
BAS Base Area 4971
SPT Support Area 240
Total Square Footage 6520
Area Under Air 930

Number of Units 1
Total Square Feet* 14181
Acres 5.24
Property Use Code 6800—AG Classification EQUESTRIAN
Zoning PUD—PLANNED UNIT DEVELOPMENT (73-WELLINGTON)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Bldg Type CUSTOM BARN
Exterior Wall 1 CONCRETE BLOCK STUCCO
Year Built 2021
Air Condition Desc. NA
Heat Type NONE
Heat Fuel NONE
Bed Rooms
Full Baths 2
Half Baths
Roof Structure OPEN WOOD SYSTEM
Roof Cover BUILT UP COMP/TAR & GRAVE
Interior Wall 1 STABLE
Floor Type 1 RUBBER TILE
Stories 1

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Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
BAS Base Area 4020
BLC Balcony 576
FOP Finished Open Porch 480
FOP Finished Open Porch 808
FSP Finished Screened Porch 445
FSP Finished Screened Porch 250
FGR Finished Garage 1082
Total Square Footage 7661
Area Under Air 4020

Number of Units 1
Total Square Feet* 14181
Acres 5.24
Property Use Code 6800—AG Classification EQUESTRIAN
Zoning PUD—PLANNED UNIT DEVELOPMENT (73-WELLINGTON)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 2

Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 2021
Air Condition Desc. HTG & AC
Heat Type FORCED/NO DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 4
Half Baths 1
Roof Structure FLAT
Roof Cover POURED CONCRETE
Interior Wall 1 DRYWALL
Floor Type 1 CERAMIC/QUARRY TILE
Stories 2

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Sketch
for Building 2

Property Extra Features

Description Year Built Units
Bbq 2021 1
Horse Walker 2021 2826
Pool - In-Ground 2021 1

Property Land Details

Land Line # Description Zoning Acres
2 SFR PUD 1
1 SFR PUD 4.2438

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $4,717,139 $4,354,636 $3,698,905 $3,349,892 $0
Land Value $2,045,082 $2,045,082 $1,321,622 $1,264,500 $1,017,297
Total Market Value $6,762,221 $6,399,718 $5,020,527 $4,614,392 $1,017,297
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $4,717,139 $4,354,636 $3,698,905 $3,349,892 $0 $0 $0 $0 $0 $0
Land Value $2,045,082 $2,045,082 $1,321,622 $1,264,500 $1,017,297 $907,177 $907,177 $908,488 $908,488 $865,227
Total Market Value $6,762,221 $6,399,718 $5,020,527 $4,614,392 $1,017,297 $907,177 $907,177 $908,488 $908,488 $865,227

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $5,246,336 $4,876,194 $4,017,178 $3,664,253 $997,895
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $5,246,336 $4,876,194 $4,017,178 $3,664,253 $997,895
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $5,246,336 $4,876,194 $4,017,178 $3,664,253 $997,895 $907,177 $907,177 $908,488 $866,052 $787,320
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $5,246,336 $4,876,194 $4,017,178 $3,664,253 $997,895 $907,177 $907,177 $908,488 $866,052 $787,320

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $98,291 $91,411 $75,910 $70,750 $19,931
NON AD VALOREM $1,900 $1,779 $1,753 $1,554 $1,150
TOTAL TAX $100,191 $93,190 $77,663 $72,304 $21,081
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $98,291 $91,411 $75,910 $70,750 $19,931 $18,152 $18,347 $17,888 $17,548 $16,629
NON AD VALOREM $1,900 $1,779 $1,753 $1,554 $1,150 $1,150 $1,150 $1,150 $1,150 $1,150
TOTAL TAX $100,191 $93,190 $77,663 $72,304 $21,081 $19,302 $19,497 $19,038 $18,698 $17,779

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.