NOT LISTED FOR SALE

1551 Mediterranean Rd W West Palm Beach, FL 33406

Estimated Value: $869,000 - $1,066,000

4 Beds
2 Baths
2,152 Sq Ft
$452/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $300,000 $139 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $5,891/month

245 Days on Market

Highlights

  • 85 Feet of Waterfront
  • Contemporary Architecture
  • Lanai
  • Heated Pool and Spa
  • Wood Flooring
  • No HOA

About This Home

As of February 2014

Beautiful 4 bedroom, 2 bath, waterfront home in Lake Clarke Shores. New sea wall, pool and spa, all facing north, with fabulous views of the lake. Split floor-plan, covered patio, and a 2 car garage. Updated kitchen and baths, atrium in center area.

Last Agent to Sell the Property

DONALD TODORICH

The Corcoran Group License #SL3084827 Listed on: 06/18/2013

Co-Listed By

ERIC SAIN

The Corcoran Group

Last Buyer's Agent

DONALD TODORICH

ILLUSTRATED PROPERTIES LLC WPB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,895

Year Built

  • Built in 1973

Lot Details

  • 85 Feet of Waterfront
  • Lake Front
  • Home fronts a seawall
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,152 Sq Ft Home
  • 1-Story Property
  • Dining Area

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool and Spa
  • Outdoor Pool

Outdoor Features

  • Bulkhead
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Septic System

Community Details

  • No Home Owners Association
  • Lake Clarke Waterway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34434417080030200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,895

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 85
  • Subdivision Name: Lake Clarke Waterway
  • Directions: SOUTH END OF THE LAKE, WHERE WEST LAKE MEETS PINE TREE
  • Above Grade Finished Sq Ft: 4352.94
  • Architectural Style: Contemporary, One Story
  • Garage Yn: Yes
  • Year Built: 1973
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 4894.57
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 2152.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 85
  • Floors:Hardwood: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Pool:Heated - Electric: Yes
  • General Property Description:Waterfront Ftg: 85.0
  • Waterfront:Lakefront: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Living Area: 2152.0
  • Window Features: Other
  • Appliances Dishwasher: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Electric, Spa
  • Pool Private: Yes
  • Waterfront Features: Lakefront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Seawall/Bulkhead
  • Roof: Other
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes
  • Water/Sewer/Septic: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 34434417080030200
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 4894.57
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Bedward Garth A and Bedward Karina
Bought by
Mcdonald Edward and Mcdonald Joni
Current Estimated Value
$973,446

Purchase Details

Closed on
Mar 29, 2018
Sold by
Vara Philip P and Hannaikainen Diana
Bought by
Bedward Garth and Curz Karina De La

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2013
Closed on
Dec 30, 2013
Sold by
Young Scott A and Rankin Christina M
Bought by
Vara Philip A
Seller's Agent
DONALD TODORICH
The Corcoran Group
Buyer's Agent
DONALD TODORICH
ILLUSTRATED PROPERTIES LLC WPB
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%

Purchase Details

Closed on
Jun 9, 2006
Sold by
Mcgeary Reis Marianne and Reis Arthur H
Bought by
Young Scott A and Rankin Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,500
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 30, 2004
Sold by
Ivancevic Danilo R and Ivancevic Marie A
Bought by
Reis Arthur H and Mcgeary Reis Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Mcdonald Edward $900,000 First American Title
Mcdonald Edward $900,000 First American Title
Bedward Garth $507,500 First American Title Ins Co
Vara Philip A $300,000 Attorney
Young Scott A $617,500 United Title Agencies I Inc
Reis Arthur H $385,000 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bedward Garth $453,100
Previous Owner Young Scott A $617,500
Previous Owner Reis Arthur $38,500
Previous Owner Mcgeary Arthur $38,500
Previous Owner Reis Arthur H $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2014 02/20/14 Sold $300,000 0.0% $139 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
06/18/2013 06/18/13 For Sale $300,000 -- $139 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $8,695 $422,440 -- --
2023 $8,509 $410,136 $420,025 $301,007
2022 $9,136 $428,038 $0 $0
2021 $9,045 $415,571 $0 $0
2020 $8,969 $409,833 $0 $0
2019 $8,830 $400,619 $160,000 $240,619
2018 $6,220 $298,230 $0 $0
2017 $6,146 $292,096 $0 $0
2016 $6,121 $286,088 $0 $0
2015 $6,226 $284,099 $0 $0
2014 $6,225 $281,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-1400

APN: 34-43-44-17-08-003-0200