$1,150,000
SOLD MAR 25, 2014
3 Beds
2 Baths
1,763 Sq Ft
10,629 Sq Ft Lot

Recently Sold

$652 Per Sq Ft

8% Below List Price

317 Days on Market

Highlights

  • Private Pool
  • Corner Lot
  • Patio
  • Palm Beach Public School Rated A-
  • 2 Car Attached Garage
  • Home Security System

About This Home

As of March 2014

This home is located at 1521 N Lake Way, Palm Beach, FL 33480 and is currently priced at $1,150,000, approximately $652 per square foot. This property was built in 1965. 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.

Last Agent to Sell the Property

Martin Conroy

Sailfish Point Realty, LLC License #3218701 Listed on: 04/12/2013

Last Buyer's Agent

Mimi Vail

Illustrated Properties License #0673296

Illustrated Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,300

Year Built

  • Built in 1965

Lot Details

  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,763 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Sliding Windows
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Boca Ratone Co Inlet Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234030000940

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,300

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on N. Ocean Blvd. to Caribbean, turn left
  • Year Built: 1965
  • Special Features: 12

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 1763.0
  • Stories: 1
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434234030000940
  • Zoning Description: RB

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 20300.0

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%
Total Days on Market
317
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:

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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 Type Sale Price Title Company
Warranty Deed $1,150,000 None Available
Warranty Deed $1,450,000 Attorney
Warranty Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 Stand Alone Second
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $400,000 New Conventional
Previous Owner $400,000 Balloon
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
Source: BeachesMLS

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

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Map

Source: BeachesMLS

MLS Number: R3359362

BeachesMLS

APN: 50-43-42-34-03-000-0940