NOT LISTED FOR SALE

16493 Rustic Rd Wellington, FL 33470

Estimated Value: $1,266,000 - $1,937,556

4 Beds
2 Baths
2,424 Sq Ft
$652/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2021

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

Est. 59% increase in value since last sale

Current estimated payment $10,815 / mo

49 Days on Market

Highlights

  • Horses Allowed On Property
  • Waterfront
  • Outdoor Living Area
  • Binks Forest Elementary School Rated A
  • Canal View
  • No HOA

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. This property, which is all fenced, has a 220'x110' riding arena with 70' mirrors and a Grand Prix field, 8 paddocks with well irrigation for all. 6 stall barn (3 12x12 and 3 12x10), 2 wash/grooming stalls, a/c tack room, storage barn for hay/grain/shavings. In front of the barn there is a 40'x40' pad for additional temp stalls if needed. Separate entrance with plenty of trailer parking and an RV hook up. City water and septic. Take the land bridge on the property to the scenic neighborhood bridle trials around the Wellington Environmental Preserve. Looking for 'Wellington" and peaceful tranquility? This is it!

Last Agent to Sell the Property

Karen S Leland

Illustrated Properties LLC (We Brokerage Phone: 561 346 5491 License #418596 Listed on: 03/20/2021

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
  • South Facing Home
  • Property is zoned AG/RES

Property Views

  • Canal
  • Garden

Interior Spaces

  • 2,424 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Binks Forest Elementary School
  • Wellington Landings Middle School
  • Wellington High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Outdoor Living Area
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Rustic Ranches Of Wellington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73404413000001080

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,986

Year Built

Built in 1996

Lot Details

0 Sq Ft Lot

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
  • Horses: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Main Level Bedrooms: 4
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Living Area: 2424.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Canal, Garden
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Direction Faces: South

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Binks Forest
  • High School: Wellington
  • Middle Or Junior School: Wellington Landings

Lot Info

  • Parcel #: 73404413000001080
  • Mobile Dim Units: Feet
  • Zoning: AG/RES

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8986.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 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
$1,580,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,639
Avg. Annual Appreciation
10.01%

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
Not Available
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

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

  • K

    Seller's Agent in 2021

    Karen S Leland

    Illustrated Properties LLC (We

    (561) 346-5491

    27 Total Sales

    Karen S Leland
    Section Image

  • M

    Buyer's Agent in 2021

    Marie Josee Chasles

    KW Reserve Palm Beach

    (561) 356-4756

    56 Total Sales

    Marie Josee Chasles
    Section Image
  • Marcia Lichtenwalner LLC

    Seller's Agent in 2018

    Marcia Lichtenwalner LLC

    Keller Williams Realty - Welli

    (561) 707-7673

    41 Total Sales

    Marcia Lichtenwalner LLC
    Section Image
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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

Florida Palm Beach County Wellington 33470

16493 Rustic Rd, Wellington, FL

Not Listed for Sale

Detached

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