NOT LISTED FOR SALE

1540 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,392,000

3 Beds
3 Baths
2,127 Sq Ft
$3,475/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $1,840,000 $865 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $43,687/month

374 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Fireplace
  • Palm Beach Public School Rated A-
  • Great Room
  • Central Heating and Cooling System

About This Home

As of May 2018

Charming light and bright 3BR/3BA Beach Bungalow with fireplace, garage, and large pool. Located at the corner of Caribbean Road and North Lake Way - great North End location with beach access. Lot size approximately 10,000 square feet.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 04/12/2017

Last Buyer's Agent

Whitney McGurk

Brown Harris Stevens of PB License #3336039

Brown Harris Stevens of PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,737

Year Built

  • Built in 1948

Lot Details

  • East Facing Home
  • Property is zoned R-B

Parking

  • 1 Car Garage
  • Garage Door Opener

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Great Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Boca Ratone Co Inlet Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234030000710

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,737

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LO
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Interior Amenities: Fireplace
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 2127.0
  • Dining Room Type: Great Room
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434234030000710
  • Zoning Description: R-B

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 31737.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 21, 2018
Sold by
Manchester Austin and Balan Manchester Carmen
Bought by
Murray Murray W and Murray Muffie B
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Whitney McGurk
Brown Harris Stevens of PB
List Price
$2,470,000
Sold Price
$1,840,000
Premium/Discount to List
-$630,000
-25.51%
Current Estimated Value
$7,392,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,552,000
Avg. Annual Appreciation
21.57%

Purchase Details

Closed on
Nov 17, 2014
Sold by
Hughes William and Hughes Rebecca
Bought by
Manchester Austin

Purchase Details

Closed on
May 22, 2007
Sold by
Harbach William O and Harbach Barbara S
Bought by
Harbach William O and William O Harbach Declaration Of Trust
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 Buyer Sale Price Title Company
Murray Murray W $1,840,000 Attorney
Manchester Austin $1,874,500 Attorney
Harbach William O -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manchester Austin $600,000
Previous Owner Hughes William L $768,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $1,840,000 -25.5% $865 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/12/2017 04/12/17 For Sale $2,470,000 +125.1% $1,161 / Sq Ft
02/21/2012 02/21/12 Sold $1,097,500 0.0% $516 / Sq Ft
02/21/2012 02/21/12 Sold $1,097,500 -26.8% $516 / Sq Ft
01/22/2012 01/22/12 Pending -- -- --
01/20/2012 01/20/12 Pending -- -- --
08/05/2011 08/05/11 For Sale $1,500,000 +36.7% $705 / Sq Ft
08/27/2010 08/27/10 For Sale $1,097,500 -- $516 / 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 $34,349 $2,786,883 -- --
2023 $50,918 $2,533,530 $0 $0
2022 $44,319 $2,303,209 $0 $0
2021 $35,225 $2,276,067 $2,276,067 $0
2020 $32,139 $1,903,478 $1,903,478 $0
2019 $29,890 $1,730,435 $1,730,435 $0
2018 $28,733 $1,746,312 $1,730,435 $15,877
2017 $31,451 $1,873,693 $1,859,022 $14,671
2016 $31,737 $1,875,015 $0 $0
2015 $29,417 $1,632,534 $0 $0
2014 $24,187 $1,252,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Angle

    Seller's Agent in 2018

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    80 in this area

    207 Total Sales

    Section Image

  • W

    Buyer's Agent in 2018

    Whitney McGurk

    Brown Harris Stevens of PB

    (561) 659-6400

    16 in this area

    63 Total Sales

    Section Image

  • L

    Buyer Co-Listing Agent in 2018

    Liza Pulitzer

    Brown Harris Stevens of PB

    (561) 659-6400

    17 in this area

    58 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    Johanna Kendall

    Brown Harris Stevens of PB

  • A

    Seller Co-Listing Agent in 2012

    Anne Hamilton

    Brown Harris Stevens of PB

    (561) 659-6400

    1 Total Sale

    Section Image

  • C

    Buyer's Agent in 2012

    Cara McClure

    Douglas Elliman

    (561) 655-8600

    10 in this area

    173 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10325240

BeachesMLS

APN: 50-43-42-34-03-000-0710

Florida Palm Beach County Palm Beach 33480 North End

1540 N Lake Way, Palm Beach, FL

This home is located at 1540 N Lake Way, Palm Beach, FL 33480 since 12 April 2017 and is currently estimated at $7,392,000, approximately $3,475 per square foot. This property was built in 1948. 1540 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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