NOT LISTED FOR SALE

16823 Rustic Rd Wellington, FL 33470

Estimated Value: $1,776,000 - $2,470,000

4 Beds
3 Baths
2,082 Sq Ft
$993/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $1,325,000 $636 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $12,395/month

343 Days on Market

Highlights

  • Horses Allowed in Community
  • Room in yard for a pool
  • High Ceiling
  • Binks Forest Elementary School Rated A
  • Attic
  • Den

About This Home

As of February 2021

Located in one of Wellingtons hottest equestrian communities this turnkey 5 acre farm has it all! Enjoy the tranquil views from the spacious 4 bedroom, 3 bath home. The farm is complete with a 16 stall barn, 150 x 180 riding arena and 7 paddocks. Hack to the horse show or around the scenic neighborhood's bridle paths. Not only does this location offer peaceful country living, but also the benefits of Wellington city water and school systems. Great rental income potential.

Last Agent to Sell the Property

Travis Laas

Engel & Volkers Wellington License #3262273 Listed on: 02/04/2020

Engel & Volkers Wellington

Last Buyer's Agent

Kathryn Lomax

Compass Florida LLC License #3172810

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 2001

Lot Details

  • 5 Acre Lot
  • Fenced
  • Property is zoned EOZD(c

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,082 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Casement Windows
  • Family Room
  • Den
  • Ceramic Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73404413000003130

Community Details

Overview

  • Rustic Ranches Unrec Subdivision

Recreation

  • Horses Allowed in Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,471

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Flying Cow, Right on Rustic Rd
  • Year Built: 2001
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, High Ceilings, Pull Down Attic Stairs, Split Bedrooms, Attic
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile
  • Living Area: 2082.0
  • Dining Room Type: Attic, Den, Family Room, Storage Room
  • Stories: 1
  • Window Features: Casement Window(s)

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 73404413000003130
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: EOZD(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6471.0

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Lipman Randee Ellen
Bought by
Fletcher Ariel Joy and Lipman Randee Ellen
Current Estimated Value
$2,067,928

Purchase Details

Listed on
Feb 4, 2020
Closed on
Feb 11, 2021
Sold by
Boyer Michael A and Boyer Lisa
Bought by
Lipman Randee Ellen
Seller's Agent
Travis Laas
Engel & Volkers Wellington
Buyer's Agent
Kathryn Lomax
Compass Florida LLC
List Price
$1,399,000
Sold Price
$1,325,000
Premium/Discount to List
-$74,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$548,250
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2000
Sold by
Hacker Bruce
Bought by
Boyer Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
8.28%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fletcher Ariel Joy $247,807 None Listed On Document
Fletcher Ariel Joy $247,807 None Listed On Document
Lipman Randee Ellen $1,325,000 Attorney
Boyer Michael A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipman Randee Ellen $548,250
Previous Owner Boyer Michael A $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $1,325,000 -5.3% $636 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
02/04/2020 02/04/20 For Sale $1,399,000 -- $672 / Sq Ft
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 $19,867 $985,105 -- --
2024 $19,867 $951,163 -- --
2023 $19,063 $872,512 $0 $0
2022 $22,700 $1,104,352 $0 $0
2021 $6,848 $329,333 $0 $0
2020 $6,767 $324,786 $0 $0
2019 $6,473 $306,955 $0 $0
2018 $6,106 $301,232 $0 $0
2017 $6,045 $295,036 $0 $0
2016 $5,787 $288,968 $0 $0
2015 $5,909 $286,959 $0 $0
2014 $5,937 $284,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10598065

BeachesMLS (Greater Fort Lauderdale)

APN: 73-40-44-13-00-000-3130