1320 N Lake Way Palm Beach, FL 33480
North End Neighborhood
7
Beds
11
Baths
6,266
Sq Ft
0.64
Acres
Highlights
- Boat Ramp
- Property has ocean access
- Heated Pool
- Palm Beach Public School Rated A-
- Property fronts an intracoastal waterway
- Garage Apartment
About This Home
As of May 2022This home is located at 1320 N Lake Way, Palm Beach, FL 33480 and is currently priced at $14,509,039, approximately $2,315 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.
Last Agent to Sell the Property
The Corcoran Group License #3260908 Listed on: 05/05/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $144,074
Year Built
- Built in 2002
Lot Details
- 0.64 Acre Lot
- Property fronts an intracoastal waterway
- East Facing Home
- Sprinkler System
- Property is zoned RB
Parking
- 4 Car Attached Garage
- Garage Apartment
- Garage Door Opener
- Driveway
Property Views
- Intracoastal
- Garden
- Pool
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
- Tile Roof
Interior Spaces
- 6,266 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Built-In Features
- Bar
- High Ceiling
- Decorative Fireplace
- Entrance Foyer
- Formal Dining Room
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Trash Compactor
- Disposal
Flooring
- Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Closet Cabinetry
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Impact Glass
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Heated Pool
- Property has ocean access
- Seawall
- Balcony
- Open Patio
- Outdoor Grill
Utilities
- Zoned Heating and Cooling
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50434234100000170
Community Details
Overview
- Eden Villa Subdivision
Recreation
- Boat Ramp
- Boating
- Trails
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
34
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 Palm Beach, FL
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 | 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
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: R10133467
APN: 50-43-42-34-10-000-0170
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