NOT LISTED FOR SALE

1226 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $8,243,000 - $16,233,723

5 Beds
5 Baths
4,329 Sq Ft
$2,827/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $10,500,000 $2,426 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $86,396/month

425 Days on Market

Highlights

  • Property has ocean access
  • Dock has access to electricity and water
  • Home Theater
  • Palm Beach Public School Rated A-
  • Home fronts a seawall
  • Gas Heated Pool

About This Home

As of May 2016

A truly wonderful lakefront villa designed with the highest degree of taste. Lovely tropical garden setting with privacy and stunning water views. This gracious 4+ bedroom home is in wonderful condition and available for immediate occupancy.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 01/21/2015

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113,898

Year Built

  • Built in 2000

Lot Details

  • 0.42 Acre Lot
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,329 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Casement Windows
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room

Kitchen

  • Double Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Hurricane or Storm Shutters
  • Partial Impact Glass
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Dock has access to electricity and water
  • Dock made with concrete
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303040000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$113,898

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Lot Size: 83
  • Subdivision Name: First Addition
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 2000
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 113898.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 4329.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 83
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 18295
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass-Partial: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Floors:StoneBrick: Yes
  • Windows:Casement: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Waterfront:Intracoastal-Direct: Yes
  • Dock:Concrete: Yes
  • Dock:Water at Dock: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Double, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Stone/Brick
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Fireplace, Intercom, Sound System, Smoke Detectors, Storage
  • Living Area: 4329.0
  • Window Features: Casement, Impact Glass-Partial
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Seawall/Bulkhead, Storm Shutters, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

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

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 18295.0
  • Parcel #: 50434303040000080
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 113898.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
May 26, 2016
Sold by
Swanson Barbara Jean
Bought by
Marantz Alan
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$10,500,000
Sold Price
$10,500,000
Current Estimated Value
$12,238,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,738,362
Avg. Annual Appreciation
1.65%
Original Mortgage
$500,000
Outstanding Balance
$379,970
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$11,858,392

Purchase Details

Closed on
Mar 14, 2008
Sold by
Zukov Nikita and Zukov Paula
Bought by
Swanson Barbara Jean

Purchase Details

Closed on
Sep 23, 1998
Sold by
New Technology Business S A
Bought by
Zukov Nikita
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
Marantz Alan $10,500,000 Attorney
Swanson Barbara Jean $7,340,000 None Available
Zukov Nikita $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marantz Alan $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2016 05/26/16 Sold $10,500,000 0.0% $2,426 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
01/21/2015 01/21/15 For Sale $10,500,000 -- $2,426 / 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 $258,134 $14,384,404 -- --
2023 $265,964 $13,076,731 $0 $0
2022 $244,829 $11,887,937 $0 $0
2021 $177,879 $10,966,794 $7,202,102 $3,764,692
2020 $163,460 $9,824,741 $5,810,640 $4,014,101
2019 $165,114 $10,058,141 $6,060,000 $3,998,141
2018 $141,326 $8,584,549 $5,849,225 $2,735,324
2017 $148,524 $8,833,028 $6,157,079 $2,675,949
2016 $130,899 $6,888,905 $0 $0
2015 $113,898 $6,262,641 $0 $0
2014 $106,067 $5,693,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    44 in this area

    118 Total Sales

    Lawrence A Moens
    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-167

APN: 50-43-43-03-04-000-0080

Florida Palm Beach County Palm Beach 33480 North End

1226 N Lake Way, Palm Beach, FL

This home is located at 1226 N Lake Way, Palm Beach, FL 33480 since 21 January 2015 and is currently estimated at $12,238,362, approximately $2,827 per square foot. This property was built in 2000. 1226 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.

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