NOT LISTED FOR SALE

1521 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $5,659,000 - $7,681,000

3 Beds
2 Baths
1,763 Sq Ft
$3,869/Sq Ft Est. Value

Last Sold March 25, 2014

Last sale price $1,150,000 $652 Per Sq Ft

Est. 493% increase in value since last sale

Current estimated payment $43,469/month

About This Home

As of March 2014

Now available for annual, seasonal, and short term rental, this light and bright 3 bedroom/2 bath Palm Beach home offers peace and privacy with beach access on the island's coveted North End. Nestled in a secluded location with a fenced backyard, private swimming pool and covered patio, a 2 car garage, and recently upgraded interior with new furnishings and decor. Offering a large master suite with walk-in closet and sliding doors leading to the pool, and flexible furnishings available in the two guest bedrooms. Unbeatable North End location steps from the ocean and Lake Trail, and a short drive to the Sailfish Club and the area's best shops and restaurants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Mar 25, 2014
Sold by
Conroy Martin A and Palmieri Lisa
Bought by
Worldwide Fabrics Limited Partnership
Seller's Agent
Martin Conroy
Sailfish Point Realty, LLC
Buyer's Agent
Mimi Vail
Illustrated Properties
List Price
$1,249,500
Sold Price
$1,150,000
Premium/Discount to List
-$99,500
-7.96%
Current Estimated Value
$6,821,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,671,689
Avg. Annual Appreciation
17.21%

Purchase Details

Closed on
Feb 13, 2007
Sold by
Tabler Carol F
Bought by
Conroy Martin A and Palmieri Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 20, 2000
Sold by
Forman Mildred S
Bought by
Tabler Carol F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.05%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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
Worldwide Fabrics Limited Partnership $1,150,000 None Available
Conroy Martin A $1,450,000 Attorney
Tabler Carol F $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conroy Martin A $160,000
Previous Owner Conroy Martin A $1,000,000
Previous Owner Tabler Carol F $400,000
Previous Owner Tabler Carol F $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Rented $15,000 +7.1% --
01/18/2023 01/18/23 Under Contract -- -- --
12/28/2022 12/28/22 Price Changed $14,000 -12.5% $8 / Sq Ft
12/09/2022 12/09/22 For Rent $16,000 -20.0% --
04/19/2021 04/19/21 Rented $20,000 0.0% --
03/20/2021 03/20/21 Under Contract -- -- --
08/17/2020 08/17/20 For Rent $20,000 -79.2% --
07/12/2019 07/12/19 Rented $96,000 0.0% --
07/12/2019 07/12/19 For Rent $96,000 +1163.2% --
03/15/2018 03/15/18 Rented $7,600 0.0% --
02/13/2018 02/13/18 Under Contract -- -- --
02/12/2018 02/12/18 For Rent $7,600 0.0% --
03/25/2014 03/25/14 Sold $1,150,000 -8.0% $652 / Sq Ft
02/23/2014 02/23/14 Pending -- -- --
04/12/2013 04/12/13 For Sale $1,249,500 -- $709 / Sq Ft

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 $63,846 $2,847,288 -- --
2023 $57,535 $2,588,444 $0 $0
2022 $46,178 $2,353,131 $0 $0
2021 $36,946 $2,329,125 $2,323,152 $5,973
2020 $32,993 $1,944,736 $1,942,855 $1,881
2019 $30,765 $1,771,961 $1,766,232 $5,729
2018 $29,798 $1,771,754 $1,766,232 $5,522
2017 $32,512 $1,897,524 $1,892,002 $5,522
2016 $31,992 $1,816,172 $0 $0
2015 $29,749 $1,651,065 $0 $0
2014 $24,425 $1,264,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Melear

    Seller's Agent in 2023

    Michael Melear

    Douglas Elliman

    (561) 601-9284

    18 Total Sales

    Michael Melear
    Section Image

  • J

    Seller's Agent in 2021

    JESSICA ZAHN

    Illustrated Properties LLC PB

  • Andrew Thomka-Gazdik

    Buyer's Agent in 2021

    Andrew Thomka-Gazdik

    Sotheby's International Realty, Inc.

    (561) 714-8955

    2 in this area

    51 Total Sales

    Andrew Thomka-Gazdik
    Section Image

  • p

    Buyer's Agent in 2018

    pbb.rets.frisst

    pbb.rets.RETS_OFFICE

  • Martin Conroy

    Seller's Agent in 2014

    Martin Conroy

    Sailfish Point Realty, LLC

    (561) 523-6148

    1 in this area

    57 Total Sales

    Martin Conroy
    Section Image
  • Mimi Vail

    Buyer's Agent in 2014

    Mimi Vail

    Illustrated Properties

    (561) 602-8930

    6 Total Sales

    Mimi Vail
    Section Image
See All Agents

Map

Florida Palm Beach County Palm Beach 33480 North End

1521 N Lake Way, Palm Beach, FL

This home is located at 1521 N Lake Way, Palm Beach, FL 33480 and is currently estimated at $6,821,689, approximately $3,869 per square foot. 1521 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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