$650,000
SOLD DEC 6, 2013

16361 Norris Rd Wellington, FL 33470

10 Acres
$65,000 Price per Acre
435,600 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

7% Below List Price

230 Days on Market

About This Lot

As of April 2020

10-ACRES, CONSISTING OF TWO 5-ACRE PARCELS, GREAT LOCATION FOR EQUESTRIAN CENTER. PROPERTY INCLUDES 6000 SF STORAGE BLDG. RUSTIC RANCHES OFFERS CITY WATER. LOCATED VERY CLOSE TO EQUESTRIAN PARK & SHOWGROUNDS! SELLER FINANCING MAY BE AVAILABLE. ALSO AVAILA BLE FOR LEASE.

Last Agent to Sell the Property

Connie Dalton

LAER Realty Partners Bowen/Wellington License #609573 Listed on: 03/20/2013

LAER Realty Partners Bowen/Wellington

Last Buyer's Agent

Barry To

Great East Properties, LLC License #690626

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,759

Lot Details

  • 10 Acre Lot
  • South Facing Home
  • 2 Lots in the community
  • Property is zoned Ar

Community Details

  • Rustic Ranches Unrec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73404413000005090

Property Details

Property Type

Land

Est. Annual Taxes

$5,759

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Directions: SOUTHERN TO FLYING COW RD, SOUTH TO NORRIS
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: 5-10 Acres
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Utilities: Electricity Available, Water Available

Lot Info

  • Parcel #: 73404413000005090
  • Lot Size Acres: 10.0
  • Number Of Lots: 2
  • Zoning Description: Ar

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5759.0

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

Range of Values:

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Average Value
Not Available
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 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: R3353595

BeachesMLS

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