NOT LISTED FOR SALE

2345 Merriweather Way Wellington, FL 33414

Olympia Neighborhood

Estimated Value: $965,000 - $1,104,000

5 Beds
4.5 Baths
3,957 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $700,000 $177 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,156/month

423 Days on Market

Highlights

  • Lake Front
  • Community Cabanas
  • Home Theater
  • Equestrian Trails Elementary School Rated A
  • Gated with Attendant
  • Atrium Room

About This Home

As of October 2021

Magnificent estate home with incredible views of the lake in Olympia in Wellington. This 4 bedroom, 4.5 bathroom home boasts a den/office and a library! Impact windows and doors, security cameras, 4 car garage, SS appliances, plantation shutters, and custom wired sound with butlers pantry and wine cooler. Hardwood floors throughout upstairs and down. The extended marble patio leads to custom salt water pool. This elegant home offers the best of living with A rated schools in walking distance.

Last Agent to Sell the Property

Kimberly Losee

Douglas Elliman (Wellington) License #3388363 Listed on: 07/30/2020

Douglas Elliman (Wellington)

Co-Listed By

Melanie Peterson

Douglas Elliman (Wellington) License #3253137

Last Buyer's Agent

Varsha Chandra

Lang Realty - Boynton Beach License #688110

Lang Realty - Boynton Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,723

Year Built

  • Built in 2007

Lot Details

  • Lake Front
  • Fenced
  • Sprinkler System
  • Property is zoned 00

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,957 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Plantation Shutters
  • French Doors
  • Formal Dining Room
  • Home Theater
  • Den
  • Atrium Room
  • Lake Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Saltwater Pool

Schools

  • Equestrian Trails Elementary School
  • Emerald Cove Middle School
  • Palm Beach Central High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73424407030002540

Community Details

Overview

  • Association fees include common areas, ground maintenance
  • Olympia Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,723

Year Built

Built in 2007

Lot Details

0

HOA Fees

$432 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill Blvd just east of 441 entrance on Forest Hill Blvd. Through gate, make right then left on Merriweather, house is on right.
  • Year Built: 2007
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Jetted Tub, Kitchen/Dining Combo, Pantry, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Atrium
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Carpet, Ceramic Tile, Hardwood, Wood
  • Living Area: 3957.0
  • Dining Room Type: Atrium, Den, Laundry, Media Room
  • Stories: 2
  • Window Features: Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Fence
  • View: Lake
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 432.0
  • Community Features: Clubhouse, Game Room, Gated, Park, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Cabana, Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Schools

  • Elementary School: Equestrian Trails
  • High School: Palm Beach Central
  • Middle Or Junior School: Emerald Cove

Lot Info

  • Parcel #: 73424407030002540
  • Zoning Description: 00

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10723.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 27, 2021
Sold by
Gestion Yvan St Arnaud Inc
Bought by
Noel Neal L
Seller's Agent
Kimberly Losee
Douglas Elliman (Wellington)
Buyer's Agent
Varsha Chandra
Lang Realty - Boynton Beach
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$1,025,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,433
Avg. Annual Appreciation
10.45%
Original Mortgage
$560,000
Outstanding Balance
$512,879
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$512,554

Purchase Details

Closed on
Dec 17, 2009
Sold by
Minto Communities Llc
Bought by
Gestion Yvan St Arnaud Inc
Source: Public Records

Range of Values:

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Average Value
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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
Noel Neal L $700,000 Trilogy Title Services Inc
Gestion Yvan St Arnaud Inc $649,500 Founders Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noel Neal L $343,800
Closed Noel Neal L $250,000
Open Noel Neal L $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $700,000 +15455.6% $177 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
11/01/2020 11/01/20 Rented $4,500 0.0% --
10/02/2020 10/02/20 Under Contract -- -- --
09/14/2020 09/14/20 For Rent $4,500 0.0% --
07/30/2020 07/30/20 For Sale $725,000 0.0% $183 / Sq Ft
06/15/2016 06/15/16 Rented -- -- --
05/16/2016 05/16/16 Under Contract -- -- --
04/29/2016 04/29/16 For Rent $4,500 -25.0% --
10/27/2015 10/27/15 Rented $6,000 +33.3% --
09/27/2015 09/27/15 Under Contract -- -- --
09/20/2015 09/20/15 For Rent $4,500 -- --
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 $13,640 $739,736 -- --
2023 $13,311 $718,190 $0 $0
2022 $13,114 $697,272 $0 $0
2021 $11,258 $569,837 $120,932 $448,905
2020 $10,097 $486,760 $120,000 $366,760
2019 $10,727 $512,387 $120,000 $392,387
2018 $10,060 $492,664 $122,643 $370,021
2017 $10,322 $500,093 $122,643 $377,450
2016 $10,440 $494,037 $0 $0
2015 $10,628 $481,746 $0 $0
2014 $9,899 $437,951 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10642820

BeachesMLS

APN: 73-42-44-07-03-000-2540