1255 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $9,655,000 - $15,420,645
5
Beds
5
Baths
5,315
Sq Ft
$2,359/Sq Ft
Est. Value
Highlights
- Lake Front
- Dock has access to electricity
- Garage Apartment
- Palm Beach Public School Rated A-
- Gas Heated Pool
- Marble Flooring
About This Home
As of May 2017A family lakefront home. Newly renovated five bedroom waterfront home in beautiful condition. Great northend location with direct trail access and deepwater dock. Realistically priced.
Last Agent to Sell the Property
Lawrence A. Moens Associates, Inc. License #202740 Listed on: 12/02/2016
Last Buyer's Agent
NON MEMBER
NON MEMBER FIRM
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $107,345
Year Built
- Built in 1938
Lot Details
- 0.42 Acre Lot
- Lake Front
- Property fronts an intracoastal waterway
- West Facing Home
- Sprinkler System
- Property is zoned RB
Home Design
- Mediterranean Architecture
- Barrel Roof Shape
- Poured Concrete
Interior Spaces
- 5,315 Sq Ft Home
- 2-Story Property
- Sound System
- Fireplace
- Dining Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Impact Glass
Parking
- 2 Car Attached Garage
- Garage Apartment
Pool
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Dock has access to electricity
- Dock made with concrete
- Dock made with wood
- Balcony
- Patio
- Lanai
Utilities
- Forced Air Zoned Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Alto Lido Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434303080000140
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2018
Sold by
Jpmorgan Chase Bank Na
Bought by
Lange Elizabeth
Total Days on Market
115
Current Estimated Value
Purchase Details
Listed on
Dec 2, 2016
Closed on
May 1, 2017
Sold by
Green Allan and Green Hana
Bought by
Lange Jeffrey Scott
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$10,985,000
Sold Price
$10,985,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Purchase Details
Closed on
May 28, 2013
Sold by
Kassewitz Joel and Glazer Darcie
Bought by
Green Allan and Green Hana
Purchase Details
Closed on
Jan 16, 2004
Sold by
Edelman Samuel L and Edelman Louise B
Bought by
Kassewitz Joel and Glazer Darcie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,859,250
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 7, 1999
Sold by
Smith Forrest L and Smith Kimberly H
Bought by
Edelman Samuel L and Edelman Louise B
Purchase Details
Closed on
Jun 6, 1997
Sold by
Murphy Martin E and Murphy Betty H
Bought by
Smith Forrest L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
8.13%
Mortgage Type
New Conventional
Similar Homes in Palm Beach, FL
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 |
|---|---|---|---|
| Lange Elizabeth | -- | Attorney | |
| Lange Jeffrey Scott | $10,985,000 | Attorney | |
| Green Allan | $7,392,400 | Attorney | |
| Kassewitz Joel | $4,850,000 | -- | |
| Edelman Samuel L | $2,587,500 | -- | |
| Smith Forrest L | $1,680,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lange Elizabeth | $16,875,000 | |
| Closed | Lange Elizabeth | $9,500,000 | |
| Previous Owner | Kassewitz Joel | $1,859,250 | |
| Previous Owner | Smith Forrest L | $1,260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2017 05/01/17 | Sold | $10,985,000 | 0.0% | $2,067 / Sq Ft |
| 03/27/2017 03/27/17 | Pending | -- | -- | -- |
| 12/02/2016 12/02/16 | For Sale | $10,985,000 | -- | $2,067 / Sq Ft |
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 | $223,695 | $11,263,705 | -- | -- |
| 2023 | $208,964 | $10,239,732 | $0 | $0 |
| 2022 | $190,432 | $9,308,847 | $0 | $0 |
| 2021 | $141,927 | $8,926,163 | $7,825,444 | $1,100,719 |
| 2020 | $128,304 | $7,693,262 | $6,509,635 | $1,183,627 |
| 2019 | $140,719 | $8,270,244 | $7,070,000 | $1,200,244 |
| 2018 | $141,494 | $8,594,876 | $7,435,455 | $1,159,421 |
| 2017 | $107,375 | $6,402,451 | $0 | $0 |
| 2016 | $107,345 | $6,270,765 | $0 | $0 |
| 2015 | $111,022 | $6,227,175 | $0 | $0 |
| 2014 | $111,558 | $6,177,753 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lawrence A Moens
L
Seller's Agent in 2017
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
(561) 655-5510
46 in this area
124 Total Sales
-
N
Buyer's Agent in 2017
NON MEMBER
NON MEMBER FIRM
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 16-2617
APN: 50-43-43-03-08-000-0140
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