NOT LISTED FOR SALE

16493 Rustic Rd Wellington, FL 33470

Estimated Value: $1,253,000 - $2,128,000

4 Beds
2 Baths
2,424 Sq Ft
$641/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $995,000 $410 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $10,377/month

76 Days on Market

Highlights

  • Horses Allowed in Community
  • RV Access or Parking
  • Canal Access
  • Binks Forest Elementary School Rated A
  • Waterfront
  • Canal View

About This Home

As of May 2021

Come enjoy the tranquility of Wellington's country neighborhood of Rustic Ranches. Spacious and manicured 5+acres with sunset views of the Preserve AND has all the advantages of Wellington. Great ''A'' rated schools, close to WEF and Global, easy access to downtown, the beach and has city water and with the serenity of the country. This open concept home boasts a brand new spacious kitchen with modern counters, soft close cabinets, new center island with stove top/range and new wood look vinyl flooring. 4 bedrooms with a split plan... great for a family and guests. French doors to a bonus room...formal living room, den, game room or play room. More French doors to the large screened patio which has amazing views of the property and the Preserve beyond.

Last Agent to Sell the Property

Karen S Leland

Illustrated Properties LLC (We License #418596 Listed on: 02/10/2021

Last Buyer's Agent

Marie Josee Chasles

KW Reserve Palm Beach License #3427496

KW Reserve Palm Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,986

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Fenced
  • Sprinkler System
  • Property is zoned AG/RES

Property Views

  • Canal
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,424 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Double Hung Metal Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Washer

Parking

  • Circular Driveway
  • RV Access or Parking

Outdoor Features

  • Room in yard for a pool
  • Canal Access
  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 73404413000001080

Community Details

Overview

  • Rustic Ranches Of Welling Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,986

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Blvd west of Binks, south on Flying Cow, R on Rustic Road, home on the right
  • Year Built: 1996
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Kitchen/Dining Combo, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Tile, Wood
  • Living Area: 2424.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry
  • Stories: 1
  • Window Features: Double Hung, Metal

Exterior Features

  • Exterior Features: Fence, Patio, Room For Pool, Shed
  • View: Canal, Garden
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Circular Driveway, Driveway, RV Access/Parking

Utilities

  • 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, Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 73404413000001080
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 5.0
  • Zoning Description: AG/RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8986.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
May 28, 2021
Sold by
Famiglietti Vito E and Famiglieti Allison G
Bought by
Delarun Wellington Llc
Seller's Agent
Karen S Leland
Illustrated Properties LLC (We
Buyer's Agent
Marie Josee Chasles
KW Reserve Palm Beach
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,554,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,850
Avg. Annual Appreciation
10.08%

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 27, 2018
Sold by
Shakespeare Jan M
Bought by
Famiglietti Vito E
Seller's Agent
Marcia Lichtenwalner LLC
Keller Williams Realty - Welli
Buyer's Agent
Karen S Leland
Illustrated Properties LLC (We
List Price
$775,000
Sold Price
$695,000
Premium/Discount to List
-$80,000
-10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$69,400
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2012
Sold by
Martin Mary E and Shakespeare Jan M
Bought by
Shakespeare Jan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2003
Sold by
Martin Mary E and Shakespeare Jan M
Bought by
Martin Mary E

Purchase Details

Closed on
Mar 30, 1998
Sold by
Harbaugh Samuel R and Harbaugh Tammy R
Bought by
Martin Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 1994
Sold by
Smith Timmy L and Smith Janice C
Bought by
Harbaugh Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
8.52%
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
Delarun Wellington Llc $995,000 First American Title Ins Co
Famiglietti Vito E $695,000 First American Title Insuran
Shakespeare Jan M -- First American
Martin Mary E -- --
Martin Mary E $176,000 --
Harbaugh Samuel $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Famiglietti Vito E $69,400
Previous Owner Shakespeare Jan M $387,000
Previous Owner Martin Mary E $167,200
Previous Owner Harbaugh Samuel $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $995,000 0.0% $410 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $995,000 +43.2% $410 / Sq Ft
09/27/2018 09/27/18 Sold $695,000 -10.3% $287 / Sq Ft View Prior Sale
08/28/2018 08/28/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $775,000 -- $320 / 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 $27,637 $1,357,661 -- --
2024 $27,637 $1,234,237 -- --
2023 $24,741 $1,122,034 $0 $0
2022 $18,933 $908,758 $0 $0
2021 $13,353 $652,176 $0 $0
2020 $8,986 $432,668 $190,730 $241,938
2019 $12,979 $582,328 $389,158 $193,170
2018 $5,620 $271,815 $194,277 $77,538
2017 $5,612 $268,662 $0 $0
2016 $2,706 $248,014 $0 $0
2015 $4,772 $229,432 $0 $0
2014 $4,438 $210,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10691401

BeachesMLS (Greater Fort Lauderdale)

APN: 73-40-44-13-00-000-1080