1280 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $9,601,000 - $23,364,050
5
Beds
6.5
Baths
5,704
Sq Ft
$2,890/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Property fronts an intracoastal waterway
- Marble Flooring
- Palm Beach Public School Rated A-
- Heated Pool
- Fireplace
About This Home
As of April 2021Lakefront residence under construction with new deep water dock and beach access. This Bermuda style two-story home offers wonderful water views from both the 1st and 2nd floors and features a covered loggia overlooking the Intracoastal and a 2nd floor master suite with breathtaking views. Perfectly suited for indoor/outdoor living with a heated 15' x 40' heated pool & spa with inviting lakefront entertaining area enveloped in lush, tropical gardens. Offered with 5 bedrooms, 6 baths and a powder room, elevator, full house generator, 2-car garage and new deep water dock. Masterfully constructed by Malasky Homes. Fall 2020 completion. Still time to customize.
Last Agent to Sell the Property
Premier Estate Properties, Inc License #397290 Listed on: 01/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $135,561
Year Built
- Built in 2021 | Under Construction
Lot Details
- 0.48 Acre Lot
- Property fronts an intracoastal waterway
- Property is zoned R-B
Parking
- 2 Car Garage
Interior Spaces
- 5,704 Sq Ft Home
- 2-Story Property
- Elevator
- Central Vacuum
- Ceiling Fan
- Fireplace
- French Doors
- Family Room
- Fire and Smoke Detector
Kitchen
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated Pool
- Pool Equipment or Cover
Outdoor Features
- Property has ocean access
- Seawall
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- Bello Lido Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434303060000140
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 2021
Sold by
Kehoe Michael S and 1280 N Lake Way Trust
Bought by
Asplundh Giselle and Asplundh Jeffrey D
Total Days on Market
423
Current Estimated Value
Purchase Details
Listed on
Jan 9, 2020
Closed on
Mar 23, 2021
Sold by
1280 Nlw Llc
Bought by
Kehoe Michael S and 1280 N Lake Way Trust
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Bill Yahn
The Corcoran Group
List Price
$19,900,000
Sold Price
$19,250,000
Premium/Discount to List
-$650,000
-3.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.67%
Original Mortgage
$9,500,000
Interest Rate
3.05%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 27, 2019
Closed on
Mar 1, 2019
Sold by
1280 North Lake Way Llc
Bought by
1280 Nlw Llc
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$9,900,000
Sold Price
$8,917,300
Premium/Discount to List
-$982,700
-9.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.51%
Purchase Details
Listed on
Mar 31, 2017
Closed on
Aug 22, 2017
Sold by
Barbato Eugene R
Bought by
1280 North Lake Way Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
JIM McCANN
Premier Estate Properties, Inc
List Price
$9,875,000
Sold Price
$8,750,000
Premium/Discount to List
-$1,125,000
-11.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%
Original Mortgage
$6,125,000
Interest Rate
3.89%
Purchase Details
Closed on
Oct 20, 2015
Sold by
Barbato Gene R
Bought by
Barbato Gene R and Janice M Barbato Trust
Purchase Details
Closed on
May 11, 2005
Sold by
Barbato Gene R and Barbato Janice M
Bought by
Barbato Janice M
Similar Homes in Palm Beach, FL
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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 |
|---|---|---|---|
| Asplundh Giselle | -- | Accommodation | |
| Kehoe Michael S | $17,885,396 | Attorney | |
| 1280 Nlw Llc | $8,919,000 | Attorney | |
| 1280 North Lake Way Llc | -- | Attorney | |
| 1280 North Lake Way Llc | -- | Attorney | |
| 1280 North Lake Way Llc | $8,750,000 | Attorney | |
| Barbato Gene R | -- | Attorney | |
| Article Vii Of The Janice M Barbato Trus | -- | Attorney | |
| Barbato Janice M | -- | -- | |
| Barbato Gene R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kehoe Michael S | $9,500,000 | |
| Previous Owner | Barbato Gene R | $6,125,000 | |
| Previous Owner | Barbato Gene R | $100,000 | |
| Previous Owner | Barbato Gene R | $610,000 | |
| Previous Owner | Barbato Gene R | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2021 04/07/21 | Sold | $19,250,000 | -3.3% | $3,375 / Sq Ft |
| 03/08/2021 03/08/21 | Pending | -- | -- | -- |
| 01/09/2020 01/09/20 | For Sale | $19,900,000 | +123.2% | $3,489 / Sq Ft |
| 03/06/2019 03/06/19 | Sold | $8,917,300 | -9.9% | $1,563 / Sq Ft |
| 02/27/2019 02/27/19 | For Sale | $9,900,000 | +13.1% | $1,736 / Sq Ft |
| 08/22/2017 08/22/17 | Sold | $8,750,000 | -11.4% | $3,373 / Sq Ft |
| 07/23/2017 07/23/17 | Pending | -- | -- | -- |
| 03/31/2017 03/31/17 | For Sale | $9,875,000 | -- | $3,807 / Sq Ft |
Source: BeachesMLS
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 | $270,955 | $18,247,434 | -- | -- |
| 2023 | $265,561 | $17,715,955 | $0 | $0 |
| 2022 | $266,087 | $17,199,956 | $0 | $0 |
| 2021 | $131,136 | $8,085,586 | $8,085,586 | $0 |
| 2020 | $121,153 | $7,345,305 | $7,345,305 | $0 |
| 2019 | $136,102 | $8,080,000 | $8,080,000 | $0 |
| 2018 | $132,485 | $8,129,431 | $8,129,431 | $0 |
| 2017 | $27,770 | $1,696,716 | $0 | $0 |
| 2016 | $28,070 | $1,661,818 | $0 | $0 |
| 2015 | $29,027 | $1,650,266 | $0 | $0 |
| 2014 | $29,165 | $1,637,169 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
JIM McCANN
J
Seller's Agent in 2021
JIM McCANN
Premier Estate Properties, Inc
(561) 307-1525
31 in this area
79 Total Sales
-
Bill Yahn
B
Buyer's Agent in 2021
Bill Yahn
The Corcoran Group
(561) 655-9081
9 in this area
15 Total Sales
-
Christian Angle
Seller's Agent in 2017
Christian Angle
Christian Angle Real Estate
(561) 629-3015
89 in this area
223 Total Sales
Map
Source: BeachesMLS
MLS Number: R10590566
APN: 50-43-43-03-06-000-0140
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