1320 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $8,402,000 - $55,309,408
7
Beds
9
Baths
6,266
Sq Ft
$5,084/Sq Ft
Est. Value
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 2022A 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 Associates License #202740 Listed on: 02/23/2022
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
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
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
-10.30%
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
8.27%
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
Similar Homes in the area
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 |
|---|---|---|---|
| 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
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
-
Lawrence A Moens
L
Seller's Agent in 2022
Lawrence A Moens
Lawrence A. Moens Associates
(561) 655-5510
46 in this area
125 Total Sales
-
Marley Goodman
Buyer's Agent in 2022
Marley Goodman
Illustrated Properties LLC (We
(561) 793-2300
6 in this area
37 Total Sales
-
Michelle Newman
M
Seller's Agent in 2015
Michelle Newman
The Corcoran Group
(561) 366-1121
2 in this area
19 Total Sales
-
John Pinkham
J
Buyer's Agent in 2015
John Pinkham
Exceptional Properties
(561) 379-3834
26 Total Sales
Map
Source: BeachesMLS
MLS Number: R10778912
APN: 50-43-42-34-10-000-0170
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