NOT LISTED FOR SALE

11223 Acme Rd Wellington, FL 33414

Estimated Value: $9,593,135

13 Beds
0.5 Bath
-- Sq Ft
10 Acres

Last Sold March 18, 2021

Last sale price $1,200,000

Est. 699% increase in value since last sale

Current estimated payment $64,338/month

210 Days on Market

Highlights

  • Horses Allowed in Community
  • RV Access or Parking
  • Canal View
  • Wellington Landings Middle School Rated A-
  • Canal Access
  • Room in yard for a pool

About This Home

As of March 2021

Build your dream home and bring your horses to this beautiful property in Little Ranches. The property currently has an 8 stall center aisle barn with two wash racks, a tack room, office and bathroom. The stalls are 12'x13' and features automatic water, fly spray system and stall mats. Large paddocks with run in sheds for those hot summer days. Enjoy fresh clean water thanks to the reverse osmosis system. Plenty of room to exercise the horses in the irrigated grass arena and the round pen. It also features a newer storage building, perfect to store hay, shavings, tractors etc.

Last Agent to Sell the Property

Jim Corbin

Illustrated Properties LLC (We License #254067 Listed on: 07/20/2020

Illustrated Properties LLC (We

Last Buyer's Agent

Travis Laas

Engel & Volkers Wellington License #3262273

Engel & Volkers Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,288

Year Built

  • Built in 1955

Lot Details

  • 10 Acre Lot
  • Fenced
  • Irregular Lot
  • Sprinkler System
  • Property is zoned EOZD(c

Property Views

  • Canal
  • Garden

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 0.5 Bathroom
  • 1-Story Property
  • Concrete Flooring
  • Closed Circuit Camera

Parking

  • Over 1 Space Per Unit
  • Unpaved Parking
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Room in yard for a pool
  • Canal Access
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 73414335000005060

Community Details

Overview

  • Palm Beach Little Ranches Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,288

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Blvd to Little Ranches Trail, make a left on Acme Road, property will be on your left.
  • Year Built: 1955
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Half Bathrooms: 1
  • Flooring: Concrete
  • Dining Room Type: Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Room For Pool, Shed
  • View: Canal, Garden
  • Lot Features: Irregular Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Construction Type: Block, Frame
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, RV Access/Parking, Two or More Spaces, Unpaved

Utilities

  • Security: Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73414335000005060
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 435482.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12288.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Mar 18, 2021
Sold by
W G Alexander Inc
Bought by
Diamante Farms Inc
Seller's Agent
Jim Corbin
Illustrated Properties LLC (We
Buyer's Agent
Travis Laas
Engel & Volkers Wellington
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Current Estimated Value
$9,593,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,393,135
Avg. Annual Appreciation
57.13%

Purchase Details

Closed on
Nov 19, 2019
Sold by
Wilson William George
Bought by
W G Alexander Inc

Purchase Details

Closed on
Dec 31, 2016
Sold by
Wilson Willaim George
Bought by
Wilson Willim George and The Willaim Georger Wilson Revocbale Liv

Purchase Details

Listed on
Feb 1, 2016
Closed on
Oct 21, 2016
Sold by
Lone Star Investment Inc
Bought by
Wilson William G
Seller's Agent
Matt Johnson
EXP Realty LLC
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$1,600,000
Sold Price
$1,175,000
Premium/Discount to List
-$425,000
-26.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.11%

Purchase Details

Closed on
Oct 26, 2004
Sold by
Bolivar Alvaro
Bought by
Lone Star Investment Inc

Purchase Details

Closed on
Nov 7, 2000
Sold by
Sassoon Jeanette Tr
Bought by
Greenbaum Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1994
Sold by
Stewart Douglas E and Stewart Virginia E
Bought by
Sassoon Jeanette
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Diamante Farms Inc $6,950,000 Attorney
W G Alexander Inc -- Attorney
Wilson Willim George -- Attorney
Wilson William G $800,000 First American Title Ins Co
Lone Star Investment Inc -- --
Greenbaum Mark $285,000 --
Sassoon Jeanette $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenbaum Mark $250,640
Previous Owner Greenbaum Mark $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2021 03/18/21 Sold $1,200,000 -7.7% --
02/16/2021 02/16/21 Pending -- -- --
07/20/2020 07/20/20 For Sale $1,300,000 +10.6% --
10/04/2016 10/04/16 Sold $1,175,000 -26.6% $490 / Sq Ft View Prior Sale
09/04/2016 09/04/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $1,600,000 -- $667 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $168,308 $8,685,635 -- --
2023 $168,563 $8,635,500 $0 $0
2022 $125,165 $6,253,824 $0 $0
2021 $89,824 $4,486,699 $0 $0
2020 $14,914 $641,928 $367,900 $274,028
2019 $10,168 $400,200 $400,200 $0
2018 $12,270 $500,244 $266,727 $233,517
2017 $12,282 $494,963 $0 $0
2016 $9,823 $335,381 $0 $0
2015 $9,262 $290,192 $0 $0
2014 $8,483 $246,311 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10640149

BeachesMLS

APN: 73-41-43-35-00-000-5030