$44,375,000
SOLD MAY 12, 2022
7 Beds
9 Baths
6,266 Sq Ft
0.64 Acres

Recently Sold

$7,082 Per Sq Ft

10% Below List Price

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
$31,855,704

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
Source: Public Records

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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
Deed -- --
Warranty Deed $44,375,000 Kochman & Ziska Plc
Warranty Deed $33,410,000 Attorney
Warranty Deed $14,500,000 Attorney
Warranty Deed $11,000,000 Attorney
Warranty Deed $8,260,000 Sterling Title & Trust
Warranty Deed -- Sterling Title & Trust
Warranty Deed $3,450,000 --
Warranty Deed $2,520,000 --
Deed $2,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $22,000,000 Future Advance Clause Open End Mortgage
Previous Owner $7,000,000 Seller Take Back
Previous Owner $1,000,000 Unknown
Previous Owner $1,638,000 New Conventional
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

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Map

Source: BeachesMLS

MLS Number: R10778912

BeachesMLS

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