NOT LISTED FOR SALE

1355 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,082,000 - $12,540,650

2 Beds
2 Baths
2,089 Sq Ft
$4,913/Sq Ft Est. Value

Last Sold March 26, 2013

Last sale price $1,350,000 $646 Per Sq Ft

Est. 660% increase in value since last sale

Current estimated payment $66,798/month

11 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Bermuda Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • Lanai

About This Home

As of March 2013

Charming house with 2 bedrooms, library, and large living room that flows out to a bright sun room. This large corner lot has wonderfully landscaped gardens and walkways surrounding the enchanting patio and pool. The house is conveniently located near the Intracoastal and the beach. Full Generator.

Last Agent to Sell the Property

ANNE HAMILTON

Brown Harris Stevens of Palm Beach 0039 Listed on: 02/04/2013

Co-Listed By

JOHANNA KENDALL

Brown Harris Stevens of Palm Beach 0039

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,225

Year Built

  • Built in 1951

Lot Details

  • Waterfront
  • Home has sun exposure from multiple directions
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Home Design

  • Bermuda Architecture
  • Barrel Roof Shape
  • Brick Veneer
  • Frame Construction

Interior Spaces

  • 2,089 Sq Ft Home
  • Ceiling Fan
  • Sliding Windows
  • Dining Area
  • Library

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Patio
  • Lanai

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean Terrace Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434303030000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,225

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 113
  • Subdivision Name: Ocean Terrace
  • Directions: On the corner of North Lake and Angler
  • Architectural Style: Bermuda
  • Year Built: 1951
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 10225.0
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 2089.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 113
  • Floors:WW Carpeting: Yes
  • Windows:Sliding: Yes
  • Style:Bermuda: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • Auto Garage Door Opener: Yes
  • Floors:Parquet: Yes
  • Exposure:West: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Total Bedrooms: 2
  • Flooring: Parquet, Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors
  • Living Area: 2089.0
  • Window Features: Sash, Sliding
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Brick Veneer, Frame
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Ocean Access-No Deed, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Frame: Yes
  • Exterior Features:Ocean Access-No Deed: Yes
  • Construction:Brick Veneer: Yes

Garage/Parking

  • Parking Features: 1 Car, Attached, Door Opener
  • Garage:_one_ Car: Yes
  • Garage: Yes

Utilities

  • Security: Security System

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434303030000010
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 10225.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
Mar 25, 2013
Sold by
Ponvert Warren N
Bought by
Durst Jonathan D
Seller's Agent
ANNE HAMILTON
Brown Harris Stevens of Palm Beach 0039
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$1,350,000
Sold Price
$1,350,000
Total Days on Market
11
Current Estimated Value
$10,264,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,914,217
Avg. Annual Appreciation
17.23%

Purchase Details

Closed on
Jan 20, 2006
Sold by
Ponvert Warren N
Bought by
Ponvert Warren N

Purchase Details

Closed on
Jun 16, 1998
Sold by
Robert E Lang Tr
Bought by
Ponvert Warren N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.23%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Durst Jonathan D $1,350,000 Attorney
Ponvert Warren N -- None Available
Ponvert Warren N $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponvert Warren N $375,000
Open Durst Jonatha D $3,750,000
Closed Durst Jonathan D $3,000,000
Previous Owner Ponvert Warren N $250,000
Previous Owner Ponvert Warren N $250,000
Previous Owner Ponvert Warren N $500,000
Previous Owner Ponvert Warren $505,500
Previous Owner Ponvert Warren $75,000
Previous Owner Ponvert Warren N $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2013 03/26/13 Sold $1,350,000 0.0% $646 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $1,350,000 -- $646 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $110,167 $5,667,212 -- --
2023 $105,213 $5,152,011 $0 $0
2022 $82,793 $4,683,646 $0 $0
2021 $70,016 $4,257,860 $2,507,703 $1,750,157
2020 $68,484 $4,279,156 $2,330,217 $1,948,939
2019 $64,042 $3,944,996 $2,118,380 $1,826,616
2018 $57,373 $3,744,539 $2,118,380 $1,626,159
2017 $50,482 $2,976,357 $1,548,145 $1,428,212
2016 $49,621 $2,820,901 $0 $0
2015 $23,509 $1,287,682 $0 $0
2014 $21,242 $1,170,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    ANNE HAMILTON

    Brown Harris Stevens of Palm Beach 0039

  • J

    Seller Co-Listing Agent in 2013

    JOHANNA KENDALL

    Brown Harris Stevens of Palm Beach 0039

  • P

    Buyer's Agent in 2013

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    53 in this area

    145 Total Sales

    Paulette Koch
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-324

APN: 50-43-43-03-03-000-0010

Florida Palm Beach County Palm Beach 33480 North End

1355 N Lake Way, Palm Beach, FL

This home is located at 1355 N Lake Way, Palm Beach, FL 33480 since 04 February 2013 and is currently estimated at $10,264,217, approximately $4,913 per square foot. This property was built in 1951. 1355 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.

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