$8,750,000
SOLD AUG 22, 2017
0.47 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$3,373 Per Sq Ft

11% Below List Price

113 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Palm Beach Public School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of April 2021

Lakefront property- first time on the market. Gorgeous Intracoastal views, convenient access to the beach and Lake Trail. Perfect North End location to build your dream home.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 03/31/2017

Last Buyer's Agent

JIM McCANN

Premier Estate Properties, Inc License #397290

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,070

Lot Details

  • Property fronts an intracoastal waterway
  • East Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R-B

Additional Features

  • Intracoastal Views
  • City Lot

Community Details

  • Bello Lido Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303060000140

Property Details

Property Type

Land

Est. Annual Taxes

$28,070

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LO
  • Special Features: None

Exterior Features

  • View: Intercoastal
  • Lot Features: City Lot
  • Road Surface Type: Paved
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Direction Faces: East

Lot Info

  • Parcel #: 50434303060000140
  • Development Status: Site Plan Filed
  • Zoning Description: R-B

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 28070.0

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
Current Estimated Value
$15,301,703

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
-5.06%
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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed -- Accommodation
Warranty Deed $17,885,396 Attorney
Warranty Deed $17,885,396 None Listed On Document
Warranty Deed $8,919,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $8,750,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,500,000 Commercial
Previous Owner $6,125,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $610,000 Unknown
Previous Owner $100,000 Credit Line Revolving
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

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 $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

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Map

Source: BeachesMLS

MLS Number: R10321406

BeachesMLS

APN: 50-43-43-03-06-000-0140