NOT LISTED FOR SALE

16427 Rustic Rd Wellington, FL 33470

Estimated Value: $813,803

5.9 Acres
$137,933 Price per Acre
257,004 Sq Ft Lot

Last Sold August 10, 2012

Last sale price $160,000

Est. 409% increase in value since last sale

Current estimated payment $6,060/month

75 Days on Market

About This Lot

As of August 2012

Great location for an equestrian property in one of the most quiet areas of Wellington. Access to public water supply!

Last Agent to Sell the Property

John Sheats

Sailfish Group Realty License #3221716 Listed on: 04/26/2012

Co-Listed By

Jules Franco

Century 21 America's Choice License #666346

Last Buyer's Agent

Charles Campbell

Purple Cow Realty LLC License #3222221

Property Details

Property Type

  • Land

Lot Details

  • 5.9 Acre Lot
  • Property is zoned Ar

Community Details

  • Rustic Ranches Unrec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73404413000001070

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SOUTHERN TO FLYING COW RANCH ROAD, SOUTH TO RUSTIC ROAD, WEST TO LOT...
  • Special Features: RealEstateOwned

Exterior Features

  • Waterfront: No

Lot Info

  • Parcel #: 73404413000001070
  • Development Status: Raw Land
  • Lot Size Acres: 5.9
  • Lot Size: 368
  • Number Of Lots: 1
  • Zoning Description: Ar

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 6096.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Tierra Mia Llc
Bought by
Don George Polo Llc
Current Estimated Value
$813,803

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 10, 2012
Sold by
16427 Rustic Road Land Trust
Bought by
Tierra Mia Llc
Seller's Agent
John Sheats
Sailfish Group Realty
Buyer's Agent
Charles Campbell
Purple Cow Realty LLC
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%

Purchase Details

Closed on
Oct 28, 2004
Sold by
Bencini Franco L and Bencini Chiara F
Bought by
Meraj Atif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,774
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 23, 2004
Sold by
Bencini Franco L and Bencini Chiara F
Bought by
Meraj Atif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,774
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 22, 2003
Sold by
Bencini Franco L and Bencini Chiara F
Bought by
Bencini Franco L
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
Don George Polo Llc $750,000 Colonial Title Of Plantation
Tierra Mia Llc $160,000 Florida Intl Title & Escrow
Meraj Atif $382,587 Sunshine Title Of S Fl Inc
Meraj Atif -- Sunshine Title Of S Fl Inc
Bencini Franco L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meraj Atif $570,774
Previous Owner Meraj Atif $570,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $160,000 -19.6% --
07/11/2012 07/11/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $199,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $22,008 $1,150,760 -- --
2024 $22,008 $1,049,691 -- --
2023 $20,527 $959,719 $0 $0
2022 $15,326 $705,663 $0 $0
2021 $13,676 $640,694 $301,400 $339,294
2020 $13,141 $608,479 $290,380 $318,099
2019 $12,823 $586,020 $290,380 $295,640
2018 $11,880 $561,497 $0 $0
2017 $11,136 $516,192 $0 $0
2016 $10,484 $484,578 $0 $0
2015 $4,545 $190,241 $0 $0
2014 $4,144 $169,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3277517

BeachesMLS (Greater Fort Lauderdale)

APN: 73-40-44-13-00-000-1070