NOT LISTED FOR SALE

16880 Rustic Rd Wellington, FL 33470

Estimated Value: $368,830

5 Acres
$73,766 Price per Acre
217,800 Sq Ft Lot

Last Sold January 31, 2023

Last sale price $350,000

Est. 5% increase in value since last sale

Current estimated payment $2,476/month

9 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Brush Vegetation
  • Binks Forest Elementary School Rated A

About This Lot

As of January 2023

Build your dream equestrian estate! One of the few available 5 acre vacant lots in Wellington's Rustic Ranches and Wellington, in general! Come and see this beautiful, cleared corner lot with access from 2 roads in one of the premier equestrian communities in Palm Beach County! Lot will require fill (storm water and drainage plans are available). City water is available and there are no HOA restrictions here! Covered arenas and boarding are allowed in Rustic Ranches! Close proximity to Wellington's bridle paths, Wellington Equestrian Preserve 365 acre nature park with equestrian trails and horse show venues. Rustic Ranches is perfectly located near shopping and dining, yet still offering a peaceful country feeling in a neighborhood zoned for Wellington's top ranked schools. Verify details.

Last Agent to Sell the Property

Karen Morris

LPT Realty, LLC License #3049055 Listed on: 01/11/2023

LPT Realty, LLC

Last Buyer's Agent

Kris Korapati

American Rlty Group of USA LLC License #3202678

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,550

Lot Details

  • 5 Acre Lot
  • Dirt Road
  • North Facing Home
  • Brush Vegetation
  • Corner Lot

Utilities

  • Water Available

Community Details

  • No Home Owners Association
  • Rustic Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73404413000003400

Property Details

Property Type

Land

Est. Annual Taxes

$7,550

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Agriculture
  • Property Sub Type Additional: Agriculture
  • Directions: From Southern Boulevard, turn South on Flying Cow Road, then turn West / right on Rustic Road. Destination will be on left at the end of Rustic Road on the corner of Cotton Tail Drive.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 5-10 Acres, Agricultural, Corner Lot, Residential Lot
  • Road Surface Type: Dirt
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Utilities: Electricity Available, None, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 73404413000003400
  • Current Use: Agricultural
  • Development Status: Raw Land
  • Horse Amenities: Boarding Facilities
  • Lot Size Acres: 5.0
  • Lot Size Sq Ft: 217800.0
  • Mobile Dim Units: Feet
  • Zoning: EOZD(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7549.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Jan 31, 2023
Sold by
Halona Realty Of Wellington Llc
Bought by
Jarugula Sai
Seller's Agent
Karen Morris
LPT Realty, LLC
Buyer's Agent
Kris Korapati
American Rlty Group of USA LLC
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%
Views
30
Current Estimated Value
$368,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,830
Avg. Annual Appreciation
1.77%

Purchase Details

Listed on
Jun 28, 2018
Closed on
Mar 29, 2019
Sold by
Florida International Business Group Llc
Bought by
Halona Realty Of Wellington Llc
Seller's Agent
Debra Graham
Realty ONE Group Innovation
Buyer's Agent
Debra Graham
Realty ONE Group Innovation
List Price
$480,000
Sold Price
$299,000
Premium/Discount to List
-$181,000
-37.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%

Purchase Details

Listed on
Feb 28, 2015
Closed on
Jan 19, 2016
Sold by
Lagunas Rich Corazon and Rich Corazon Villamor
Bought by
Florida International Business Group Llc
Seller's Agent
david welles
Equestrian Sotheby's International Realty Inc.
Buyer's Agent
Leah Masters
Inactive Member
List Price
$169,000
Sold Price
$159,000
Premium/Discount to List
-$10,000
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.82%
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
Jarugula Sai $350,000 --
Jarugula Sai $350,000 None Listed On Document
Halona Realty Of Wellington Llc $299,000 First American Title Ins Co
Florida International Business Group Llc $159,000 Patch Reef Title Company Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $350,000 -17.6% --
01/16/2023 01/16/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $425,000 0.0% --
01/09/2023 01/09/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $425,000 +42.1% --
04/02/2019 04/02/19 Sold $299,000 -37.7% -- View Prior Sale
03/03/2019 03/03/19 Pending -- -- --
06/28/2018 06/28/18 For Sale $480,000 +201.9% --
01/19/2016 01/19/16 Sold $159,000 -5.9% -- View Prior Sale
12/20/2015 12/20/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $169,000 -- --
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 $6,728 $315,000 -- --
2024 $6,728 $297,000 -- --
2023 $10,034 $367,840 $0 $0
2022 $7,550 $334,400 $0 $0
2021 $6,816 $304,000 $304,000 $0
2020 $6,564 $288,800 $288,800 $0
2019 $8,051 $361,000 $361,000 $0
2018 $7,444 $378,734 $378,734 $0
2017 $6,582 $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

  • Karen Morris

    Seller's Agent in 2023

    Karen Morris

    LPT Realty, LLC

    (561) 951-4333

    11 Total Sales

    Karen Morris
    Section Image

  • K

    Buyer's Agent in 2023

    Kris Korapati

    American Rlty Group of USA LLC

    (561) 296-0273

    8 Total Sales

    Kris Korapati
    Section Image
  • Debra Graham

    Seller's Agent in 2019

    Debra Graham

    Realty ONE Group Innovation

    (561) 254-0275

    36 Total Sales

    Debra Graham
    Section Image
  • david welles

    Seller's Agent in 2016

    david welles

    Equestrian Sotheby's International Realty Inc.

    (561) 313-9123

    71 Total Sales

    david welles
    Section Image

  • K

    Seller Co-Listing Agent in 2016

    Kay Lawson

    Douglas Elliman (Wellington)

    (302) 766-4142

    4 Total Sales

    Kay Lawson
    Section Image

  • L

    Buyer's Agent in 2016

    Leah Masters

    Inactive Member

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10856127

BeachesMLS (Greater Fort Lauderdale)

APN: 73-40-44-13-00-000-3400

Florida Palm Beach County Wellington 33470

16880 Rustic Rd, Wellington, FL

Not Listed for Sale

Lots

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