$1,097,500
SOLD FEB 21, 2012

1540 N Lake Way Palm Beach, FL 33480

North End Neighborhood
3 Beds
3 Baths
2,127 Sq Ft
10,367 Sq Ft Lot

Recently Sold

$516 Per Sq Ft

511 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Bermuda Architecture
  • Lanai

About This Home

As of May 2018

Sophisticated 3 bedroom 3 bath cottage with lush landscape nestled in quiet North End with large pool and garage.

Last Agent to Sell the Property

JOHANNA KENDALL

Brown Harris Stevens of Palm Beach 0039 Listed on: 08/27/2010

Co-Listed By

ANNE HAMILTON

Brown Harris Stevens of Palm Beach 0039

Last Buyer's Agent

Cara Coniglio

REBACK REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,081

Year Built

  • Built in 1948

Lot Details

  • Waterfront
  • Home has sun exposure from multiple directions
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Home Design

  • Bermuda Architecture
  • Barrel Roof Shape
  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Sliding Windows
  • Dining Area
  • Storage
  • Utility Room

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Boca Ratone Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434234030000710

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,081

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 130
  • Subdivision Name: Boca Ratone
  • Architectural Style: Bermuda, One Story
  • Year Built: 1948
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 10081.0
  • Location Tax Legal:Tax Year2: 2009
  • General Property Description:Living Area: 2127.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 130
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • Auto Garage Door Opener: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Cat or Dog
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Double, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan, Fireplace, Storage, Wndw Trmnts Included
  • Living Area: 2127.0
  • Window Features: Single Hung, Sliding
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Storm Shutters, Sprinkler System, Satellite Dish
  • Roof: Barrel
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Satellite Dish: Yes

Garage/Parking

  • Parking Features: 1 Car, Attached, Door Opener
  • Garage:_one_ Car: Yes
  • Garage: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 50434234030000710
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 10081.0
  • Tax Year: 2009

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 Type Sale Price Title Company
Warranty Deed $1,840,000 Attorney
Warranty Deed $1,874,500 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 Unknown
Previous Owner $768,250 New Conventional
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: Palm Beach Board of REALTORS®

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: Palm Beach Board of REALTORS®

MLS Number: 10-2088

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 and is currently priced at $1,097,500, approximately $515 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.

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