NOT LISTED FOR SALE

1320 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,254,000 - $54,983,384

7 Beds
9 Baths
6,266 Sq Ft
$5,126/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $44,375,000 $7,082 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $215,914/month

47 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Heated Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Mediterranean Architecture

About This Home

As of May 2022

A wonderful Mediterranean Villa with substantial renovations now reaching completion. Sensible layout with exquisite finishes in the main house, guest house and pool house. More than 100 feet of lakeside land with nicely appointed deep water dock.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates License #202740 Listed on: 02/23/2022

Last Buyer's Agent

Marley Goodman

Illustrated Properties LLC (We License #3231798

Illustrated Properties LLC (We

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $239,542

Year Built

  • Built in 2002

Lot Details

  • Property fronts an intracoastal waterway
  • Fenced
  • Property is zoned RB

Parking

  • 4 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 6,266 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Intracoastal Views
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Eden Villa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234100000170

Home Details

Home Type

Single Family

Est. Annual Taxes

$239,542

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Lake Way north to 1320 on left
  • Year Built: 2002
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Living Area: 6266.0
  • Dining Room Type: Den, Family Room, Garage Apartment
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Intercoastal
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434234100000170
  • Zoning Description: RB

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 239542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
1320 N Lake Way Trust
Bought by
Overman Brett
Total Days on Market
47
Current Estimated Value
$32,118,692

Purchase Details

Listed on
Feb 23, 2022
Closed on
May 12, 2022
Sold by
1320 N Lake Llc
Bought by
1320 N Lake Way Trust
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates
Buyer's Agent
Marley Goodman
Illustrated Properties LLC (We
List Price
$49,500,000
Sold Price
$44,375,000
Premium/Discount to List
-$5,125,000
-10.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.58%

Purchase Details

Closed on
Nov 1, 2021
Sold by
Acjlp Fl
Bought by
1320 N Lake Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000,000
Interest Rate
2.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 5, 2015
Closed on
Jul 8, 2015
Sold by
Aqua Development-North Lake Llc
Bought by
Acjlp-Fl Llc
Seller's Agent
Michelle Newman
The Corcoran Group
Buyer's Agent
John Pinkham
Exceptional Properties
List Price
$17,995,000
Sold Price
$14,509,040
Premium/Discount to List
-$3,485,960
-19.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Jul 9, 2008
Sold by
Shane Thomas M
Bought by
Aqua Development North Lake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
6.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 2004
Sold by
Vanhellemont Stephenie
Bought by
Shane Thomas M

Purchase Details

Closed on
May 11, 2004
Sold by
Vanhellemont Robert
Bought by
Shane Thomas M

Purchase Details

Closed on
Mar 1, 2000
Sold by
Malasky Homes Inc
Bought by
Vanhellemont Robert W and Vanhellemont Stephenie

Purchase Details

Closed on
Jul 1, 1999
Sold by
1320 N Lakeway Llc
Bought by
Malasky Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,638,000
Interest Rate
7.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1998
Sold by
Pr Mary Ann P Westwood
Bought by
1320 N Lakeway Llc
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 Buyer Sale Price Title Company
Overman Brett -- --
1320 N Lake Way Trust $44,375,000 Kochman & Ziska Plc
1320 N Lake Way Llc $33,410,000 Attorney
Acjlp-Fl Llc $14,500,000 Attorney
Aqua Development North Lake Llc $11,000,000 Attorney
Shane Thomas M $8,260,000 Sterling Title & Trust
Shane Thomas M -- Sterling Title & Trust
Vanhellemont Robert W $3,450,000 --
Malasky Homes Inc $2,520,000 --
1320 N Lakeway Llc $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1320 N Lake Way Llc $22,000,000
Previous Owner Aqua Development North Lake Llc $7,000,000
Previous Owner Vanhellemont Robert W $1,000,000
Previous Owner 1320 N Lakeway Llc $1,638,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $44,375,000 -10.4% $7,082 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $49,500,000 +241.2% $7,900 / Sq Ft
07/09/2015 07/09/15 Sold $14,509,040 -19.4% $2,316 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $17,995,000 -- $2,872 / 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 $490,896 $33,037,946 -- --
2023 $494,600 $32,972,353 $0 $0
2022 $442,311 $28,533,374 $0 $0
2021 $239,542 $14,752,723 $10,587,426 $4,165,297
2020 $236,718 $14,528,111 $9,959,880 $4,568,231
2019 $218,941 $13,089,376 $8,080,000 $5,009,376
2018 $191,474 $11,738,311 $8,344,151 $3,394,160
2017 $201,099 $12,062,750 $8,783,316 $3,279,434
2016 $202,671 $11,773,224 $0 $0
2015 $154,312 $8,517,293 $0 $0
2014 -- $7,742,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lawrence A Moens

    Lawrence A. Moens Associates

    (561) 655-5510

    44 in this area

    119 Total Sales

    Lawrence A Moens
    Section Image
  • Marley Goodman

    Buyer's Agent in 2022

    Marley Goodman

    Illustrated Properties LLC (We

    (561) 793-2300

    6 in this area

    29 Total Sales

    Marley Goodman
    Section Image

  • M

    Seller's Agent in 2015

    Michelle Newman

    The Corcoran Group

    (561) 366-1121

    2 in this area

    16 Total Sales

    Michelle Newman
    Section Image

  • J

    Buyer's Agent in 2015

    John Pinkham

    Exceptional Properties

    (561) 379-3834

    25 Total Sales

    John Pinkham
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10778912

BeachesMLS

APN: 50-43-42-34-10-000-0170

Florida Palm Beach County Palm Beach 33480 North End

1320 N Lake Way, Palm Beach, FL

This home is located at 1320 N Lake Way, Palm Beach, FL 33480 since 23 February 2022 and is currently estimated at $32,118,692, approximately $5,125 per square foot. This property was built in 2002. 1320 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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