$3,500,000
SOLD APR 10, 2020

16361 Norris Rd Wellington, FL 33470

-- Bed
5 Baths
6,000 Sq Ft
5.01 Acres

Recently Sold

$583 Per Sq Ft

11% Below List Price

175 Days on Market

Highlights

  • Workshop
  • 4 Car Detached Garage
  • Patio
  • Binks Forest Elementary School Rated A-
  • Cooling Available
  • Security Gate

About This Home

As of April 2020

Rustic Ranches Finest!!! This 10 acre - double lot property has frontage on both Norris Rd. & Deer Path Lane. The new 24 stall center aisle barn was designed by a true equestrian. There are four (4) 6 stall sections/pods within the barn each with therir own tack rooms, laundry, storage, rest rooms, four (4) interior and exterior wash stalls. The large covered arena is complimented by the five (5) acre grass jump field with an exercise track around the entire field. There are eight (8) paddocks, a four (4) horse walker and a round pen. There is a tent pad in place with water, electricity and two (2) wash stalls for ten (10) additional stalls. The storage building has ample parking and equipment storage along with an office, lounge and coverd patio adjacent to the covered arena. A must see!

Last Agent to Sell the Property

David Welles

Equestrian Sotheby's International Realty Inc. License #3241338 Listed on: 09/17/2019

Co-Listed By

Thomas Baldwin

Equestrian Sotheby's International Realty Inc. License #624423

Last Buyer's Agent

Mayli Garcia-Velez

Equestrian Sotheby's International Realty Inc. License #652984

Equestrian Sotheby's International Realty  Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,867

Year Built

  • Built in 1989

Lot Details

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

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Aluminum Roof

Interior Spaces

  • 6,000 Sq Ft Home
  • 1-Story Property
  • Workshop

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire Sprinkler System

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 73404413000005090

Community Details

Overview

  • Rustic Ranches Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,867

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Blvd. West to Flying Cow road. Turn left and follow to Norris Rd. Turn right and proerty will be on the right hand side of road.
  • Year Built: 1989
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Workshop
  • Furnished: Unfurnished
  • Appliances: Dryer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 4
  • Flooring: Other
  • Living Area: 6000.0
  • Dining Room Type: Workshop
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinkler System
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Brick, Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Aluminum, Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: In Garage
  • Security: Security Gate, Fire Sprinkler System
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73404413000005090
  • Lot Size Sq Ft: 218253.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8867.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Apr 10, 2020
Sold by
Ksyliq Inc
Bought by
Woodpond Monor South Llc
Seller's Agent
David Welles
Equestrian Sotheby's International Realty Inc.
Buyer's Agent
Mayli Garcia-Velez
Equestrian Sotheby's International Realty Inc.
List Price
$3,950,000
Sold Price
$3,500,000
Premium/Discount to List
-$450,000
-11.39%

Purchase Details

Listed on
May 7, 2015
Closed on
Apr 13, 2016
Sold by
Northern River Fl Llc
Bought by
Skyliq Inc
Seller's Agent
Monica Rice
Highlight Realty Corp/LW
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.12%

Purchase Details

Listed on
Mar 20, 2013
Closed on
Dec 5, 2013
Sold by
Cac Leasing Inc
Bought by
Northern River Fl Llc
Seller's Agent
Connie Dalton
LAER Realty Partners Bowen/Wellington
Buyer's Agent
Barry To
Great East Properties, LLC
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$550,000
Interest Rate
4.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 2009
Sold by
Wong Jonathan C and Zhu Xue Wen
Bought by
Cac Leasing Inc

Purchase Details

Closed on
Aug 30, 2001
Sold by
Schwartz Paul C
Bought by
Wong Jonathan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
7.02%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,500,000 None Available
Warranty Deed $750,000 Attorney
Warranty Deed $650,000 Deluxe Title & Escrow Inc
Deed In Lieu Of Foreclosure -- Attorney
Warranty Deed $450,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 Seller Take Back
Previous Owner $47,000 Balloon
Previous Owner $337,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $3,900,000 0.0% $3,000 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $3,900,000 -13.2% $3,000 / Sq Ft
02/01/2025 02/01/25 For Sale $4,495,000 +28.4% $3,458 / Sq Ft
04/10/2020 04/10/20 Sold $3,500,000 -11.4% $583 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
09/17/2019 09/17/19 For Sale $3,950,000 +426.7% $658 / Sq Ft
04/15/2016 04/15/16 Sold $750,000 -11.8% $125 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
05/07/2015 05/07/15 For Sale $850,000 +30.8% $142 / Sq Ft
12/06/2013 12/06/13 Sold $650,000 -7.1% $108 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $700,000 -- $117 / 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 $45,139 $2,120,021 -- --
2023 $43,470 $1,945,493 $0 $0
2022 $38,952 $1,795,932 -- --
2021 $34,708 $1,629,935 $270,289 $1,359,646
2020 $26,320 $1,423,050 $0 $0
2019 $22,463 $1,033,084 $150,197 $882,887
2018 $8,867 $376,457 $151,367 $225,090
2017 $8,639 $359,497 $0 $0
2016 $7,693 $314,395 $0 $0
2015 $7,267 $286,498 $0 $0
2014 $9,129 $368,554 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10561887

BeachesMLS

APN: 73-40-44-13-00-000-5090