L
Landlord's Agent in 2021
Lisa Cregan
Sotheby's International Realty, Inc.
(561) 659-3555
12 in this area
58 Total Sales
1025 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $8,882,155
3
Beds
4
Baths
2,888
Sq Ft
$3,076/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Home Theater
- Colonial Architecture
- Palm Beach Public School Rated A-
- Gas Heated Pool
- Marble Flooring
About This Home
As of December 2021Recently refreshed and refurnished by new owners- but with a twist - now decorated around an astonishing collection of bright and beautiful modern art that really enlivens the house.
House is in exquisite condition. Top floor is all master suite, with his and hers baths, large walk in closets and a Juliet Balcony overlooking the pool and garden. Downstairs is an elegant living room , formal dining, a tv/library room and a sunroom facing on to the pool and gardens.
Deeded neighborhood beach access. All new kitchenware, linens and furniture. Absolutely gorgeous pool, terrace and Banyan tree.
Available November 1st thru May 1st.
Last Agent to Rent the Property
Sotheby's International Realty, Inc. License #SL-3389810 Listed on: 11/12/2021
Last Renter's Agent
SHELLY NEWMAN
THE FITE GROUP-Luxury Homes PB
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $92,369
Year Built
- Built in 1940
Lot Details
- Back and Front Yard Fenced
- Sprinkler System
Home Design
- Colonial Architecture
- Traditional Architecture
Interior Spaces
- 2,888 Sq Ft Home
- 2-Story Property
- Sound System
- Fireplace
- Dining Room
- Home Theater
- Library
- Storage
- Hurricane or Storm Shutters
Kitchen
- Double Convection Oven
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Stone
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Open Parking
Pool
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Property has ocean access
- Balcony
- Patio
- Lanai
Utilities
- Central Heating and Cooling System
Community Details
- Eden Properties Subdivision
Listing and Financial Details
- Security Deposit $65,000
- Rent includes sewer
- Seasonal Lease Term
- Assessor Parcel Number 50434303200000170
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 11, 2021
Sold by
Turner Wallace R and Turner Betsy L
Bought by
Fischer David T and Fischer Jennifer M
Current Estimated Value
Purchase Details
Closed on
Jun 28, 2000
Sold by
Philips Eugene and Macfarland John B
Bought by
Turner Wallace R and Turner Betsy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
8.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 1997
Sold by
Kuhlman John T and Kuhlman Dominique
Bought by
Philips Eugene and Macfarland John B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 1993
Sold by
Kuhlman John Thane and Kuhlman Dominque C
Bought by
Amer Sav Fl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
7.34%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fischer David T | $6,843,022 | Attorney | |
| Turner Wallace R | $1,100,000 | -- | |
| Philips Eugene | $565,000 | -- | |
| Amer Sav Fl | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Turner Wallace R | $1,153,950 | |
| Previous Owner | Turner Wallace R | $200,000 | |
| Previous Owner | Turner Wallace R | $1,144,500 | |
| Previous Owner | Turner Wallace | $200,000 | |
| Previous Owner | Philips Eugene | $200,000 | |
| Previous Owner | Philips Eugene | $880,000 | |
| Previous Owner | Philips Eugene | $300,000 | |
| Previous Owner | Amer Sav Fl | $510,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2021 12/02/21 | Rented | $65,000 | 0.0% | -- |
| 12/02/2021 12/02/21 | Rented | $65,000 | 0.0% | -- |
| 12/01/2021 12/01/21 | Under Contract | -- | -- | -- |
| 11/12/2021 11/12/21 | For Rent | $65,000 | 0.0% | -- |
| 11/02/2021 11/02/21 | Under Contract | -- | -- | -- |
| 10/12/2021 10/12/21 | For Rent | $65,000 | -- | -- |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $92,369 | $5,537,448 | -- | -- |
| 2023 | $80,329 | $5,034,044 | $0 | $0 |
| 2022 | $76,809 | $4,886,591 | $0 | $0 |
| 2021 | $26,340 | $1,589,910 | $0 | $0 |
| 2020 | $26,377 | $1,567,959 | $0 | $0 |
| 2019 | $26,319 | $1,532,707 | $0 | $0 |
| 2018 | $25,036 | $1,504,129 | $0 | $0 |
| 2017 | $25,025 | $1,473,192 | $0 | $0 |
| 2016 | $24,305 | $1,442,891 | $0 | $0 |
| 2015 | $25,132 | $1,432,861 | $0 | $0 |
| 2014 | $25,252 | $1,421,489 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
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-
Landlord's Co-Listing Agent in 2021
John Cregan
Sotheby's International Realty, Inc.
(847) 651-7210
6 in this area
57 Total Sales
-
S
Tenant's Agent in 2021
SHELLY NEWMAN
THE FITE GROUP-Luxury Homes PB
-
M
Buyer's Agent in 2021
Michelle Newman
The Corcoran Group
(561) 366-1121
2 in this area
16 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 21-1420
APN: 50-43-43-03-20-000-0170
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