NOT LISTED FOR SALE

1123 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,300,644 - $8,934,000

4 Beds
4 Baths
3,145 Sq Ft
$2,603/Sq Ft Est. Value

About This Home

Leased 12/01/16-04/01/17. Elegant Regency with high ceilings and chic furnishings. Two bedrooms in the main house and cabana/guest-suite overlooking the pool. Annual lease or min. 6 month seasonal lease @ $30k per month.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2014
Sold by
1123 North Lake Way Llc
Bought by
Rich Thomas L
Current Estimated Value
$8,185,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,645,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2012
Sold by
Rich Thomas L
Bought by
1123 North Lake Way Llc

Purchase Details

Closed on
Feb 1, 2010
Sold by
Moore Victor and Tatooles John J
Bought by
Rich Thomas L

Purchase Details

Closed on
Jun 29, 2007
Sold by
Borman Michael J and Borman Gina M
Bought by
Moore Victor and Tatooles John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 2, 2003
Sold by
Bradfield Geoffrey
Bought by
Borman Michael J and Borman Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1999
Sold by
University Of Miami
Bought by
Bradfield Geoffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Rich Thomas L $2,000,000 Attorney
1123 North Lake Way Llc -- Attorney
Rich Thomas L $2,244,000 Attorney
Moore Victor $2,900,000 None Available
Borman Michael J $1,800,000 --
Bradfield Geoffrey $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich Thomas L $5,850,000
Closed Rich Thomas L $500,000
Closed Rich Thomas L $1,150,000
Closed Rich Thomas L $500,000
Closed Rich Thomas L $1,645,000
Previous Owner 1123 North Lake Way Llc $2,000,000
Previous Owner Moore Victor $530,000
Previous Owner Moore Victor $1,500,000
Previous Owner Moore Victor $530,000
Previous Owner Borman Michael J $1,350,000
Previous Owner Bradfield Geoffrey $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Rented $144,000 0.0% --
06/11/2016 06/11/16 Under Contract -- -- --
06/19/2015 06/19/15 For Rent $144,000 -- --

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 $56,083 $3,730,664 -- --
2023 $54,882 $3,622,004 $0 $0
2022 $54,968 $3,516,509 $0 $0
2021 $55,937 $3,414,086 $0 $0
2020 $56,049 $3,366,949 $0 $0
2019 $55,941 $3,291,250 $2,314,350 $976,900
2018 $53,557 $3,214,316 $2,314,350 $899,966
2017 $50,041 $2,935,202 $2,383,228 $551,974
2016 $50,245 $2,894,656 $0 $0
2015 $47,313 $2,631,505 $0 $0
2014 $38,500 $1,987,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    ROSALIND CLARKE

    The Corcoran Group

  • Christian Angle

    Buyer's Agent in 2016

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    89 in this area

    223 Total Sales

    Christian Angle
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Map

Florida Palm Beach County Palm Beach 33480 North End

1123 N Lake Way, Palm Beach, FL

This home is located at 1123 N Lake Way, Palm Beach, FL 33480 and is currently estimated at $8,185,548, approximately $2,602 per square foot. 1123 N Lake Way is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community 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.

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