NOT LISTED FOR SALE

16451 Norris Rd Wellington, FL 33470

Estimated Value: $2,432,000 - $7,192,000

4 Beds
3 Baths
3,762 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $3,995,000 $1,062 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $31,887/month

104 Days on Market

Highlights

  • Waterfront
  • 14 Acre Lot
  • Traditional Architecture
  • Binks Forest Elementary School Rated A-
  • Marble Flooring
  • Lanai

About This Home

As of March 2023

Looking for the perfect equestrian property? This beautiful 3762 sqft home with 1500 sqft 4-bay garage sits on 14 acres in 2 parcels in Rustic Ranches. It has access to all of the horse trails of Wellington, and is just waiting to be developed with stables, another primary residence, or whatever you are dreaming of! The first parcel is 9.19 acres, with a perimeter track, fenced paddocks, and an irrigation system that draws on a pond, while the second is 5 contiguous acres, and the property fronts on two streets and has two assigned addresses. This custom built home is full of natural light with a view through floor to ceiling windows onto fenced pasture and paddocks shaded by mature oaks. It features high ceilings, 4 bedrooms, 3.5 baths, marble tile floors, tons of outdoor space including a covered patio and a screened in porch, and a kitchen with two full sized sinks, a professional range, and high end appliances. It also features state of the art Sonos sound, Hue smart lights that can adjust to the time of day, brand new air conditioners, as well as balanced ventilation and brand new central dehumidification monitored by Awair air quality monitors to ensure air quality is perfect. It has Nest thermostats, fiber optic internet with mesh wifi, and is already wired for ethernet throughout. The house sits high and dry above the surrounding land in a neighborhood in the path of development, and you can be sure of your investment with impact windows and doors, security doorbell, smart smoke, carbon monoxide, and leak detectors, 8" reinforced concrete walls, a generator with a 1000 gallon buried propane tank, and an efficient guttering and drainage system.

Last Agent to Sell the Property

GEOFFREY DARNELL

Brown Harris Stevens of Palm Beach 5225 License #3059407 Listed on: 10/18/2022

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,614

Year Built

  • Built in 2013

Lot Details

  • 14 Acre Lot
  • Waterfront
  • South Facing Home
  • Back and Front Yard Fenced
  • Irregular Lot
  • Sprinkler System
  • Property is zoned AGRI

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,762 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Storage

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 73404413000005110

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,614

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 14.0
  • Lot Size: 14.185 Acres
  • Subdivision Name: N/A
  • Directions: From Southern Blvd, take Flying Cow Road to Norris Road. Property will be on the right.
  • Architectural Style: Traditional, One Story
  • Year Built: 2013
  • Location Tax Legal:Zoned: AGRI
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 22614.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 3762.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 14.185 Acres
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 609840
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Lot Size:Irregular Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range-Gas, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Tile
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included
  • Living Area: 3762.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 10 Acres or More, Irregular Lot
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Fence-Front Wall, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking Features: 3 Car, Attached
  • Garage: Yes
  • Garage:_three_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes
  • Water/Sewer/Septic: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 609840.0
  • Parcel #: 73404413000005110
  • Zoning: AGRI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 22614.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Mar 20, 2023
Sold by
Meyer Jonas M and Meyer Jessica N
Bought by
Dobson John Leslie
Seller's Agent
GEOFFREY DARNELL
Brown Harris Stevens of Palm Beach 5225
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$4,175,000
Sold Price
$3,995,000
Premium/Discount to List
-$180,000
-4.31%
Views
24
Current Estimated Value
$4,881,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,883
Avg. Annual Appreciation
8.35%

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 3, 2021
Sold by
Silent Street Llc
Bought by
Meyer Jonas and Meyer Jessica
Seller's Agent
Travis Laas
Engel & Volkers Wellington
Buyer's Agent
Geoffrey Darnell
Brown Harris Stevens of PB
List Price
$2,475,000
Sold Price
$2,400,000
Premium/Discount to List
-$75,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.86%
Original Mortgage
$2,040,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2020
Closed on
Mar 18, 2021
Sold by
Ingleby Farms Llc
Bought by
Meyer Jonas M and Meyer Jessica N
Seller's Agent
Travis Laas
Engel & Volkers Wellington
Buyer's Agent
Geoffrey Darnell
Brown Harris Stevens of PB
List Price
$2,475,000
Sold Price
$2,400,000
Premium/Discount to List
-$75,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dobson John Leslie $3,995,000 First American Title
Dobson John Leslie $3,995,000 First American Title
Meyer Jonas $550,000 New Title Company Name
Meyer Jonas M $2,400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyer Jonas M $2,040,000
Previous Owner Torchia Vito $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $3,995,000 -4.3% $1,062 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
10/18/2022 10/18/22 For Sale $4,175,000 +74.0% $1,110 / Sq Ft
03/18/2021 03/18/21 Sold $2,400,000 -3.0% $638 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
03/11/2020 03/11/20 For Sale $2,475,000 -- $658 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $73,275 $3,704,180 -- --
2023 $23,882 $1,042,395 $0 $0
2022 $22,614 $1,064,989 $0 $0
2021 $14,052 $742,998 $0 $0
2020 $13,194 $615,008 $0 $0
2019 $11,953 $502,160 $90,225 $411,935
2018 $12,111 $533,373 $91,326 $442,047
2017 $11,477 $495,299 $0 $0
2016 $11,237 $495,146 $0 $0
2015 $16,457 $728,304 $0 $0
2014 $16,273 $709,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-1503

APN: 73-40-44-13-00-000-5110