1404 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $8,121,000 - $39,849,456
6
Beds
7
Baths
8,981
Sq Ft
$2,671/Sq Ft
Est. Value
Highlights
- 111 Feet of Waterfront
- Dock has access to electricity and water
- Pool and Spa
- Palm Beach Public School Rated A-
- Home Theater
- New Construction
About This Home
As of September 2021North Lake Way's newest home situated on over half an acre with deep water dockage. The property features pristine landscaping from Nievera Williams, giving you ultimate privacy at all times. Inside the home enjoy the expansive gourmet chef's kitchen, media room, wine cellar, and more. Enjoy the fabulous sunsets from your master suite terrace, sitting high above the lake. The 9,000 +/- SF home is comprised of 5 bedrooms with an additional guest home above the 3-car garage and modern transitional elements throughout. The brand new state-of-the art T-shaped dock will allow for a 120'+ yacht. Expected completion Spring of 2021.
Last Agent to Sell the Property
CHRISTOPHER DEITZ
William Raveis South Florida License #631706 Listed on: 04/28/2021
Co-Listed By
B. DUERR
William Raveis South Florida License #3117391
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $127,095
Year Built
- Built in 2021 | New Construction
Lot Details
- 111 Feet of Waterfront
- Property fronts an intracoastal waterway
- East Facing Home
- Property is zoned R-D(1) - Moderate Density Residential, R-D(1) - Moderate
Home Design
- Contemporary Architecture
- Tile Roof
- Fiber Cement Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 8,981 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Sound System
- Ceiling Fan
- Fireplace
- Dining Room
- Home Theater
- Library
- Storage
- Utility Room
- Home Gym
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Marble
- Terrazzo
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
- Impact Glass
- Fire and Smoke Detector
Parking
- 3 Car Attached Garage
- Garage Apartment
- Garage Door Opener
Pool
- Pool and Spa
- Gas Heated Pool
- Outdoor Pool
- Saltwater Pool
Outdoor Features
- Dock has access to electricity and water
- Dock made with concrete
- Balcony
- Patio
- Lanai
- Attached Grill
Utilities
- Zoned Heating and Cooling
- Cable TV Available
Community Details
- No Home Owners Association
- Eden Villa Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434234100000051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2021
Closed on
Sep 10, 2021
Sold by
1404Northlake Llc
Bought by
Capello Jason
Seller's Agent
CHRISTOPHER DEITZ
William Raveis South Florida
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$30,721,000
Sold Price
$30,721,000
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,735,772
Avg. Annual Appreciation
-6.42%
Purchase Details
Listed on
Apr 9, 2018
Closed on
Oct 12, 2018
Sold by
1404 Lake Way Llc
Bought by
1404Northlake Llc
Seller's Agent
SUZANNE FRISBIE
The Corcoran Group
Buyer's Agent
CHRISTOPHER DEITZ
MCCANN COYNER CLARKE
List Price
$8,900,000
Sold Price
$8,900,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.75%
Original Mortgage
$11,000,000
Interest Rate
4.6%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 2, 2018
Sold by
Lorello Robert J and Lorello Anita
Bought by
1404 Lake Way 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Capello Jason | $30,721,000 | Attorney | |
| 1404Northlake Llc | $8,900,000 | Attorney | |
| 1404 Lake Way Llc | $8,250,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1404Northlake Llc | $19,500,000 | |
| Previous Owner | 14O4northlake Llc | $14,500,000 | |
| Previous Owner | 1404Northlake Llc | $11,000,000 | |
| Previous Owner | Lorello Anita | $500,000 | |
| Previous Owner | Lorello Robert J | $2,260,000 | |
| Previous Owner | Lorello Robert J | $1,000,000 | |
| Previous Owner | Lorello Robert J | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2021 09/10/21 | Sold | $30,721,000 | 0.0% | $3,421 / Sq Ft |
| 09/10/2021 09/10/21 | Sold | $30,721,000 | 0.0% | $3,421 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 05/06/2021 05/06/21 | Pending | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $30,721,000 | -5.5% | $3,421 / Sq Ft |
| 11/23/2020 11/23/20 | For Sale | $32,500,000 | +265.2% | $3,619 / Sq Ft |
| 10/26/2018 10/26/18 | Sold | $8,900,000 | 0.0% | $2,278 / Sq Ft |
| 07/31/2018 07/31/18 | Pending | -- | -- | -- |
| 04/09/2018 04/09/18 | For Sale | $8,900,000 | -- | $2,278 / Sq Ft |
Source: Palm Beach Board of REALTORS®
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 | $401,908 | $26,953,040 | -- | -- |
| 2023 | $393,811 | $26,168,104 | $0 | $0 |
| 2022 | $394,602 | $25,406,058 | $0 | $0 |
| 2021 | $146,739 | $9,731,833 | $9,712,422 | $19,411 |
| 2020 | $127,095 | $7,615,429 | $7,594,515 | $20,914 |
| 2019 | $124,349 | $7,294,095 | $7,272,000 | $22,095 |
| 2018 | $54,541 | $3,283,965 | $0 | $0 |
| 2017 | $54,550 | $3,216,420 | $0 | $0 |
| 2016 | $53,672 | $3,150,264 | $0 | $0 |
| 2015 | $55,507 | $3,128,365 | $0 | $0 |
| 2014 | $55,774 | $3,103,537 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2021
CHRISTOPHER DEITZ
William Raveis South Florida
-
Chris Deitz
Seller's Agent in 2021
Chris Deitz
Compass Florida LLC (PB)
(561) 655-6570
3 in this area
21 Total Sales
-
B
Seller Co-Listing Agent in 2021
B. DUERR
William Raveis South Florida
-
Paulette Koch
P
Buyer's Agent in 2021
Paulette Koch
The Corcoran Group
(561) 227-4416
53 in this area
145 Total Sales
-
Dana Koch
Buyer's Agent in 2021
Dana Koch
The Corcoran Group
(561) 379-7718
73 in this area
235 Total Sales
-
S
Seller's Agent in 2018
SUZANNE FRISBIE
The Corcoran Group
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 20-2052
APN: 50-43-42-34-10-000-0051
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