NOT LISTED FOR SALE

1494 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,665,000 - $39,460,982

6 Beds

7 Baths

7,231 Sq Ft

$3,259/Sq Ft Est. Value

Last sale price $32,525,000 $4,498 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $172,217/month

98 Days on Market

Highlights

Lake Front
Dock made with wood
Marble Flooring
Palm Beach Public School Rated A-
Outdoor Pool
Regency Architecture

About This Home

As of June 2022

We are now offering a truly gracious direct Intracoastal regency estate. This five bedroom plus staff residence has wonderful proportioned rooms with soaring ceiling heights. More than 3/4 of an acre of prime waterfront land with dock close to inlet. A rare new opportunity to live Palm Beach properly.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 11/16/2021

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 11/16/2021

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,974

Year Built

Built in 1998

Lot Details

Lake Front
Home fronts a seawall
Property fronts an intracoastal waterway
West Facing Home
Back and Front Yard Fenced
Property is zoned RA

Home Design

Regency Architecture
Tar and Gravel Roof
Concrete Block And Stucco Construction

Interior Spaces

7,231 Sq Ft Home
1-Story Property
Elevator
Ceiling Fan
Dining Room
Utility Room

Kitchen

Eat-In Kitchen
Double Oven
Electric Range
Dishwasher
Disposal

Flooring

Wood
Wall to Wall Carpet
Marble
Tile

Bedrooms and Bathrooms

6 Bedrooms
7 Bathrooms

Laundry

Dryer
Washer

Home Security

Home Security System
Hurricane or Storm Shutters
Partial Impact Glass

Parking

3 Car Attached Garage
Garage Door Opener

Outdoor Features

Outdoor Pool
Bulkhead
Dock made with wood
Patio
Lanai

Utilities

Forced Air Zoned Heating and Cooling System

Community Details

No Home Owners Association
Manana Estates Subdivision

Listing and Financial Details

Homestead Exemption
Assessor Parcel Number 50434234050000250

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,974

Year Built

Built in 1998

Lot Details

Listing Details

Property Sub Type: Single Family Residence
Prop. Type: Residential
Lot Size: 104
Subdivision Name: Manana Estates
Architectural Style: Regency, One Story
Garage Yn: Yes
Year Built: 1998
Location Tax Legal:Zoned: RA
Location Tax Legal:Homestead Exempt: Yes
Location Tax Legal:Taxes2: 116974.0
Location Tax Legal:Tax Year2: 2021
General Property Description:Living Area: 7231.0
General Property Description:Pool: Yes
General Property Description:Waterfront: Yes
Pool:Pool3: Yes
Floors:Tile: Yes
ACHeat:Central Air: Yes
ACHeat:Central Heat: Yes
Appliances Refrigerators: Yes
Washers: Yes
Appliances Dryer: Yes
Security:Security System: Yes
General Property Description:Lot Dim (1): 104
Floors:Hardwood: Yes
Floors:Marble: Yes
Floors:WW Carpeting: Yes
Roof:Tar Gravel: Yes
WaterSewer:Sewer: Yes
WaterSewer:City Water: Yes
HOA:None: Yes
Style:One Story: Yes
Windows:Impact Glass-Partial: Yes
ACHeat:Multi Zone Air: Yes
ACHeat:Multi Zone Heat: Yes
Auto Garage Door Opener: Yes
Exposure:West: Yes
Dock:Wood: Yes
Waterfront:Intracoastal-Direct: Yes
Waterfront:Lakefront: Yes
Style:Regency: Yes
Special Features: None

Interior Features

Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Washer, Dryer
Half Bathrooms: 1
Total Bedrooms: 6
Flooring: Hardwood, Marble, Tile, W/W Carpeting
Interior Amenities: Ceiling Fan, Elevator
Living Area: 7231.0
Window Features: Impact Glass-Partial
Other Rooms:Dining Room: Yes
Other Rooms:Eat-in Kitchen: Yes
Other Rooms:Utility Room: Yes
Appliances Dishwasher: Yes
Interior Features:Elevator: Yes
Appliances:Range - Electric: Yes
Interior Features:Ceiling Fan: Yes
Appliances:Oven-Double: Yes

Exterior Features

Lot Features: 1/2 Acre to 1 Acre
Pool Features: Pool
Pool Private: Yes
Waterfront Features: Intracoastal-Direct, Lakefront
Waterfront: Yes
Construction Type: Cement Block/Stucco
Exterior Features: Patio/Lanai, Fence-Back Wall, Fence-Front Wall, Seawall/Bulkhead, Storm Shutters
Roof: Tar/Gravel
Construction:Cement BlockStucco: Yes
Exterior Features:PatioLanai: Yes
Exterior Features:Fence - Back Wall: Yes
Exterior Features:Storm Shutters: Yes
Exterior Features:Fence-Front Wall: Yes
Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

Parking Features: 3 Car, Attached, Air Conditioned, Door Opener
Garage: Yes
Garage:_three_ Car: Yes
Garage:Air Conditioned: Yes

Utilities

Security: Security System
Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
Heating Yn: Yes

Lot Info

Land Lease Amount Frequency: No
Parcel #: 50434234050000250
Zoning: RA

Tax Info

Tax Annual Amount: 116974.0
Tax Year: 2021

Ownership History

Jun 2022 - Present Ii 1494 Llc 3 Years

Company

Purchase Details

Listed on

Nov 16, 2021

Closed on

Jun 15, 2022

Sold by

Hall Malcolm W and Somm Lorrain

Bought by

Ii 1494 Llc

Seller's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc.

Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc.

List Price

$32,525,000

Sold Price

$32,525,000

Total Days on Market

Current Estimated Value

$23,562,991

Estimated Appreciation

-$8,962,009

Avg. Annual Appreciation

-11.94%

Jan 2011 - Jun 2022 Hall Malcolm W 11 Years and 5 Months

Private Individual

Purchase Details

Closed on

Jan 26, 2011

Sold by

Hall Malcolm W and Sommerville Hall Lorrain Felicita

Bought by

Hall Malcolm W

Dec 2009 - Jan 2011 Hall Malcolm W 1 Year and 1 Month

Private Individual

Purchase Details

Closed on

Dec 16, 2009

Sold by

1494 N Lake Way Llc

Bought by

Hall Malcolm W

Jun 2006 - Dec 2009 1494 N Lakeway Llc 3 Years and 6 Months

Company

Purchase Details

Closed on

Jun 6, 2006

Sold by

Nicastro Louis J and Nicastro Elaine A

Bought by

1494 N Lakeway Llc

Oct 1999 - Jun 2006 Nicastro Louis J 6 Years and 8 Months

Private Individual

Purchase Details

Closed on

Oct 28, 1999

Sold by

Mochorowski Maria C

Bought by

Nicastro Louis J

Apr 1997 - Oct 1999 Mochorowski Maria C 2 Years and 6 Months

Private Individual

Purchase Details

Closed on

Apr 3, 1997

Sold by

Keitel Frederick J and Begassiere Diane De La

Bought by

Mochorowski Maria C

Mar 1995 - Apr 1997 Keitel Frederick J 2 Years and 1 Month

Private Individual

Purchase Details

Closed on

Mar 1, 1995

Sold by

Rolfs Zoe D

Bought by

Keitel Frederick J

Original Mortgage

$1,325,000

Interest Rate

9.05%

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Buyer	Sale Price	Title Company
Ii 1494 Llc	$32,525,000	Mario G De Mendoza Iii Pa
Hall Malcolm W	--	Attorney
Hall Malcolm W	--	Attorney
1494 N Lakeway Llc	$9,000,000	Attorney
Nicastro Louis J	$4,500,000	--
Mochorowski Maria C	$1,480,000	--
Keitel Frederick J	$1,325,000	--

Source: Public Records

Mortgage History

Date	Status	Borrower	Loan Amount
	Open	Ii 1494 Llc	$28,700,000
	Previous Owner	Keitel Frederick J	$1,325,000

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
06/16/2022 06/16/22	Sold	$32,525,000	0.0%	$4,498 / Sq Ft
02/22/2022 02/22/22	Pending	--	--	--
11/16/2021 11/16/21	For Sale	$32,525,000	--	$4,498 / Sq Ft

Source: Palm Beach Board of REALTORS®

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	$479,362	$29,925,642	--	--
2023	$410,422	$27,205,129	$21,843,283	$5,361,846
2022	$114,168	$7,278,524	$0	$0
2021	$116,203	$7,066,528	$0	$0
2020	$104,728	$6,258,162	$0	$0
2019	$104,536	$6,117,460	$0	$0
2018	$99,359	$6,003,395	$0	$0
2017	$99,405	$5,879,917	$0	$0
2016	$98,542	$5,758,978	$0	$0
2015	$101,917	$5,718,945	$0	$0
2014	$102,409	$5,673,557	$0	$0

Source: Public Records

Agents Affiliated with this Home

L

Seller's Agent in 2022

Lawrence A Moens

Lawrence A. Moens Associates, Inc.

(561) 655-5510

46 in this area

124 Total Sales

Lawrence A Moens

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-1636

APN: 50-43-42-34-05-000-0250

Florida Palm Beach County Palm Beach 33480 North End

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Nearby Homes

1494 N Lake Way Palm Beach, FL 33480

Last Sold June 16, 2022

Highlights

About This Home

Home Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Home Financials for this Owner

Similar Homes in Palm Beach, FL

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map