NOT LISTED FOR SALE

16295 Rustic Rd Wellington, FL 33470

Estimated Value: $710,000 - $2,247,000

5 Acres
$295,700 Price per Acre
217,800 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $480,000

Est. 208% increase in value since last sale

Current estimated payment $8,879/month

74 Days on Market

Highlights

  • Waterfront
  • Binks Forest Elementary School Rated A
  • Canal Access

About This Lot

As of September 2021

Wow! Gorgeous 5 acre residential/equestrian lot in a great location within Rustic Ranches of Wellington. This property backs up to a canal, has been cleared and fully fenced! Enjoy the South Florida sunsets from your backyard! This beautiful lot is equipped with electric, two gates, two large wells with pipes, and has city water with back flow prevention. Great opportunity to own land in Wellington! Perfect lot and location for a home to be built as well. Bring your horses...this property is so close to all Equestrian facilities. Great Wellington location!

Last Agent to Sell the Property

Ryan Jennings

Keller Williams Realty - Welli License #3071853 Listed on: 06/07/2021

Keller Williams Realty - Welli

Last Buyer's Agent

Karen S Leland

Illustrated Properties LLC (We License #418596

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,516

Lot Details

  • 5 Acre Lot
  • Waterfront
  • Dirt Road
  • Site Plan Filed
  • Property is zoned EOZD(c

Additional Features

  • Water Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 73404413000001050

Community Details

Overview

  • Rustic Ranches Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,516

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Blvd west to Flying Cow Rd. South to Rustic Rd. West to property
  • Special Features: VirtualTour

Exterior Features

  • View: Other, Water
  • Lot Features: City Lot
  • Road Surface Type: Dirt
  • Waterfront Features: Canal Access
  • Waterfront: Yes

Lot Info

  • Parcel #: 73404413000001050
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 5.0
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8516.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 20, 2021
Sold by
Hoang Hoa Ngoe
Bought by
Saporito Kelly R and Saporito Louis Jess
Seller's Agent
Ryan Jennings
Keller Williams Realty - Welli
Buyer's Agent
Karen S Leland
Illustrated Properties LLC (We
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$1,478,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$998,500
Avg. Annual Appreciation
29.51%
Original Mortgage
$360,000
Outstanding Balance
$271,082
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$1,207,418
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Saporito Kelly R $480,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saporito Kelly R $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $480,000 -1.0% --
08/21/2021 08/21/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $485,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $14,328 $611,994 -- --
2024 $14,328 $556,358 -- --
2023 $12,614 $505,780 $0 $0
2022 $9,753 $459,800 $0 $0
2021 $8,324 $380,000 $380,000 $0
2020 $8,516 $371,427 $361,000 $10,427
2019 $8,603 $371,427 $361,000 $10,427
2018 $8,659 $389,640 $378,734 $10,906
2017 $4,808 $233,321 $0 $0
2016 $4,545 $228,522 $0 $0
2015 $4,639 $226,933 $0 $0
2014 $4,664 $225,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Jennings

    Seller's Agent in 2021

    Ryan Jennings

    Keller Williams Realty - Welli

    (561) 313-2627

    241 Total Sales

    Ryan Jennings
    Section Image

  • K

    Buyer's Agent in 2021

    Karen S Leland

    Illustrated Properties LLC (We

    (561) 346-5491

    26 Total Sales

    Karen S Leland
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10722188

BeachesMLS (Greater Fort Lauderdale)

APN: 73-40-44-13-00-000-1050

Florida Palm Beach County Wellington 33470

16295 Rustic Rd, Wellington, FL

Not Listed for Sale

Lots

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