$450,000
SOLD MAR 29, 2021

16526 Hollow Tree Ln Wellington, FL 33470

5 Acres
$90,000 Price per Acre
217,800 Sq Ft Lot

Recently Sold

9% Below List Price

13 Days on Market

About This Lot

As of March 2021

Just cleared vacant 5 acre property located in the desirable Rustic Ranches of Wellington neighborhood! Ride your horse to the nearby Wellington Preserve and to the WEF horse show from this equestrian friendly community. There are no ponds on this lot and there is access to City Water in the road in front of the property. Build the farm of your dreams!

Last Agent to Sell the Property

Katie Moon

GOLDEN OCALA REAL ESTATE INC License #3306468 Listed on: 12/22/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,767

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 63x698
  • Property fronts a freshwater canal
  • Cleared Lot
  • Property is zoned AR

Additional Features

  • Water Views
  • Septic Needed

Community Details

  • Rustic Ranches Unrec Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 1028
  • Assessor Parcel Number 73-40-44-13-00-000-1230

Property Details

Property Type

Land

Est. Annual Taxes

$7,767

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Water View: Yes
  • Lot Size Acres: 5.00
  • Lot Size Sq Ft: 217800
  • Directions to Property: From Southern Blvd. go South on Flying Cow Rd. to Hollow Tree Ln. then go right or East. The property is on the left or South side of the road.
  • Escrow State: FL
  • List Office Head Office Key Nume: 162107172
  • Status: Sold
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 16526

Exterior Features

  • Waterfront Feet Fresh Water Canal: 500
  • Water Access: Canal - Freshwater
  • Water View: Canal
  • Flood Zone Code: X
  • Water Access: Yes
  • Road Frontage Type: City Street
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Canal/Lake For Irrigation, Public

Fee Information

  • Waterfront Frontage: 500

Lot Info

  • Price Per Acre: 90000
  • Total Acreage: 5 to less than 10
  • Zoning: AR
  • Parcel Number: 73-40-44-13-00-000-1230
  • Current Use: Unimproved Land
  • Lot Features: Cleared
  • Lot Dimensions: 63x698
  • Lot Size Square Meters: 20234

Tax Info

  • Tax Annual Amount: 7767.28
  • Tax Block: 1028
  • Tax Book Number: 1230
  • Tax Lot: 23

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 5, 2021
Sold by
Pratt Richard Edward and Pratt Linda Raspolich
Bought by
Altan Arman Y and Rodrigues Janine Sanches
Seller's Agent
Katie Moon
GOLDEN OCALA REAL ESTATE INC
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.20%
Original Mortgage
$292,500
Interest Rate
2.8%
Mortgage Type
New Conventional
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 $450,000 Lawyers 1St Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $292,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $1,200,000 +166.7% --
03/29/2021 03/29/21 Sold $450,000 0.0% --
03/29/2021 03/29/21 Sold $450,000 -9.1% --
02/27/2021 02/27/21 Pending -- -- --
01/04/2021 01/04/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $495,000 -5.7% --
10/31/2019 10/31/19 For Sale $525,000 -- --
Source: Stellar MLS

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 $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 $8,008 $361,000 $361,000 $0
2019 $7,767 $361,000 $361,000 $0
2018 $7,185 $378,734 $378,734 $0
2017 $6,346 $295,886 $295,886 $0
2016 $5,667 $252,698 $0 $0
2015 $5,259 $229,725 $0 $0
2014 $4,987 $214,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM613136

Stellar MLS

APN: 73-40-44-13-00-000-1230