1197 MYSTIC WAY, WELLINGTON, FL 33414

Parcel: 73414410010250120 · Single Family · Zoning: 001

Assessed Value (2026)
$433,558

Property Details

Year Built
1978
Lot Sqft
10,001

Sales History

1
$629,000
2024-07-01
2
$629,000
2024-07-24
3
$629,000
2024-08-02

Tax Assessment History

$433,558
Assessed (2026)
$531,455
Market Value
$382,836
Taxable Value
$7,794
Annual Tax
2025
$433,558
$531,455
2026
$433,558
$531,455
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $433,558 $531,455 $382,836 $7,794
2025 $433,558 $531,455 $408,558 $8,318

About 1197 MYSTIC WAY, WELLINGTON, FL 33414

1197 MYSTIC WAY, WELLINGTON, FL 33414 is a property built in 1978 on a 10,001 square foot lot. The property is currently owned by ORTIZ JOSEPH & ORTIZ JENNIFER, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-08-02 for $629,000. There are 3 recorded sales for this property. The 2026 assessed value is $433,558 with a market value of $531,455.

This breaks down to $180,002 for the land and $351,453 for the building. The property has the following tax exemptions: homestead. The median household income in this area is $110,115, and the median home value is $522,300.

The population density is 1,862 people per square mile. There are active mortgage liens totaling $594,313 recorded against this property. 1197 MYSTIC WAY, WELLINGTON, FL 33414 is located in WELLINGTON, Florida.

Property records, tax assessments, sales history, and ownership information for this WELLINGTON property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2024 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

ORTIZ JOSEPH & ORTIZ JENNIFER
1197 MYSTIC WAY, WELLINGTON, FL, 33414
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$4,302 — $7,823
Flood $400 — $800
Property/Wind $3,902 — $7,023

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$110,115
Median Home Value$522,300
Pop. Density1,862/sq mi

Neighborhood 33414

74.9%
Owner-Occ
25.1%
Investor
3,862
Flips (4yr)
4,259
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →

Mortgages

ACTIVE
$606,513
~$594,313 bal.
UNITED WHOLESALE MORTGAGE LLC · 2024-08-02
1 satisfied mortgage
SATISFIED 2020-12-14
$389,500
CASON HOME LOANS
Est. Total Balance $594,313
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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