NOT LISTED FOR SALE

1587 Meridian Rd West Palm Beach, FL 33417

Estimated Value: $263,000 - $367,000

2 Beds
1 Bath
672 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $210,000 $312 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,086/month

56 Days on Market

About This Home

As of August 2020

Cozy 2/1 home on a large lot with tons of room to grow. Excellent location near major highways and with the beach just 15 minutes away. Laminate floors, renovated bathroom and updated kitchen with Stainless Steel appliances. Landscaped with graveled driveway and carport. Bring your boat or RV! Backyard is completely fenced. Security camera system included. A/c and tankless water heater installed in 2015. Green Shed (North side) will be destroyed and removed. Shed 2 will stay and shed 1 (South sided) does not convey as it we be removed from property.

Last Agent to Sell the Property

Luis Gonzalez

Weichert, Realtors - True Quality Service License #3119251 Listed on: 05/31/2020

Weichert, Realtors - True Quality Service

Last Buyer's Agent

Jacqueline Sanchez Mendez

RE/MAX Prestige Realty/Wellington License #3467112

RE/MAX Prestige Realty/Wellington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2020
Closed on
Aug 21, 2020
Sold by
Rumbaut Evelio A Rodriguez and Rambaut Evelio Rodriguez
Bought by
Toledo Juan J and Maldonado Andres
Seller's Agent
Luis Gonzalez
Weichert, Realtors - True Quality Service
Buyer's Agent
Jacqueline Sanchez Mendez
RE/MAX Prestige Realty/Wellington
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Total Days on Market
56
Current Estimated Value
$315,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,115
Avg. Annual Appreciation
8.84%
Original Mortgage
$206,196
Outstanding Balance
$185,050
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$130,065

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 26, 2018
Sold by
Cerro Joshua Del
Bought by
Rambaut Evelio Abel Rodriguez
Seller's Agent
Ambar Lugo
Real Estate Sales Force
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$164,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2015
Closed on
Jul 15, 2015
Sold by
1587 Meridian Road Llc
Bought by
Delcerro Joshua
Seller's Agent
Nydia Pino, PA
Realty ONE Group Innovation
Buyer's Agent
Robert Barwald
Coldwell Banker Realty
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.68%
Original Mortgage
$101,128
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Sep 5, 2014
Sold by
The Meloy Revocable Trust
Bought by
1587 Meridian Road Llc

Purchase Details

Closed on
Jul 23, 2007
Sold by
Meloy Clarence Foy
Bought by
Meloy Clarence Foy

Purchase Details

Closed on
Jan 30, 1997
Sold by
A-Line Investment Corp
Bought by
Meloy Clarence F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,679
Interest Rate
7.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 11, 1996
Sold by
Palm Beach County
Bought by
A-Line Inv Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,679
Interest Rate
7.77%
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
Toledo Juan J $210,000 American Title Corp
Rambaut Evelio Abel Rodriguez $175,000 Allstate Title & Escrow Inc
Delcerro Joshua $99,000 Florida Intl Title & Escrow
1587 Meridian Road Llc $27,000 None Available
Meloy Clarence Foy -- None Available
Meloy Clarence F $19,300 --
A-Line Investment Corp $100 --
A-Line Inv Corp $16,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toledo Juan J $206,196
Previous Owner Rambaut Evelio Abel Rodriguez $164,500
Previous Owner Delcerro Joshua $101,128
Previous Owner Meloy Clarence Foy $72,250
Previous Owner A-Line Inv Corp $15,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $210,000 -2.3% $313 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
05/31/2020 05/31/20 For Sale $215,000 +22.9% $320 / Sq Ft
07/26/2018 07/26/18 Sold $175,000 +0.1% $260 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $174,900 +76.7% $260 / Sq Ft
07/15/2015 07/15/15 Sold $99,000 0.0% $147 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $99,000 -- $147 / Sq Ft
Source: BeachesMLS

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 $3,884 $198,067 -- --
2023 $3,534 $180,061 $78,840 $110,287
2022 $3,347 $163,692 $0 $0
2021 $3,064 $148,811 $66,430 $82,381
2020 $1,299 $87,468 $45,552 $41,916
2019 $2,122 $93,157 $39,858 $53,299
2018 $1,788 $86,190 $37,926 $48,264
2017 $1,696 $86,255 $39,922 $46,333
2016 $1,486 $61,149 $0 $0
2015 $1,383 $53,805 $0 $0
2014 $1,243 $43,028 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luis Gonzalez

    Seller's Agent in 2020

    Luis Gonzalez

    Weichert, Realtors - True Quality Service

    (561) 358-0350

    22 Total Sales

    Luis Gonzalez
    Section Image
  • Ambar Lugo

    Seller's Agent in 2018

    Ambar Lugo

    Real Estate Sales Force

    (305) 896-2848

    14 Total Sales

    Ambar Lugo
    Section Image
  • Nydia Pino, PA

    Seller's Agent in 2015

    Nydia Pino, PA

    Realty ONE Group Innovation

    (954) 804-4971

    110 Total Sales

    Nydia Pino, PA
    Section Image

  • R

    Buyer's Agent in 2015

    Robert Barwald

    Coldwell Banker Realty

    (561) 512-3622

    116 Total Sales

    Robert Barwald
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10626746

BeachesMLS

APN: 00-42-43-26-04-024-0030

Florida Palm Beach County West Palm Beach 33417

1587 Meridian Rd, West Palm Beach, FL

This home is located at 1587 Meridian Rd, West Palm Beach, FL 33417 since 31 May 2020 and is currently estimated at $315,115, approximately $468 per square foot. This property was built in 1957. 1587 Meridian Rd is a home located in Palm Beach County with nearby schools including Wynnebrook Elementary School, Jeaga Middle School, and Royal Palm Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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