NOT LISTED FOR SALE

229 E Lakewood Rd West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $5,986,000 - $7,417,000

5 Beds
5 Baths
6,121 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $4,095,000 $669 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $43,326/month

319 Days on Market

Highlights

  • Cabana
  • Wood Flooring
  • Lanai
  • Waterfront
  • Mediterranean Architecture
  • Wine Refrigerator

About This Home

As of April 2019

This Exceptional Mediterranean Estate is absolute perfection and ideal for the most discerning Buyer. Built in 2006, this four bedroom, four and one half bathroom house with separate one bedroom, one bathroom guest cottage boasts a gracious entry foyer leading to stunning living spaces flooded with light, private library/den, and newly updated oversized kitchen with room for dining and informal living . All first level rooms lead out to the loggia, pool and outdoor fireplace, perfect for entertaining. The second level offers an expansive Master Suite with renovated bathroom and three additional well proportioned bedrooms with ensuite bathrooms. Additional features of the home include: brand new full house generator, three new a/c systems, partial roof replacement, and two-car garage

Last Agent to Sell the Property

Cara McClure

Douglas Elliman License #SL-3177951 Listed on: 04/06/2018

Douglas Elliman

Co-Listed By

LISA WILKINSON

Douglas Elliman License #SL-3254735

Last Buyer's Agent

ASHLEY COPELAND

Brown Harris Stevens of Palm Beach 0039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,468

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • South Facing Home
  • Back Yard Fenced

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,121 Sq Ft Home
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Library
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • 2 Car Garage
  • Carport

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434403100050090

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,468

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: Lakewood
  • Directions: Head south on S. Olive Avenue toward Forest Hill Blvd. Turn left onto E Lakewood. Home will be on the left.
  • Architectural Style: Mediterranean
  • Garage Yn: Yes
  • Year Built: 2006
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 52468.0
  • Location Tax Legal:Tax Year2: 2017
  • General Property Description:Living Area: 6121.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: 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): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:South: Yes
  • Windows:Impact Glass: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Sound System, Wet Bar, Pantry
  • Living Area: 6121.0
  • Window Features: Impact Glass
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Fence-Back Wall
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: 2 Car, Carport
  • Garage:_two_ Car: Yes
  • Garage/Carport Description: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 74434403100050090
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 52468.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Apr 9, 2019
Sold by
Grauer Ketchum Benjamin Dent and Grauer Ketchum Victoria
Bought by
Robert E Mason Iv Irrevocable Trust and Annette W Mason Irrevocable Trust
Seller's Agent
Cara McClure
Douglas Elliman
Buyer's Agent
ASHLEY COPELAND
Brown Harris Stevens of Palm Beach 0039
List Price
$4,095,000
Sold Price
$4,095,000
Current Estimated Value
$6,765,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,670,672
Avg. Annual Appreciation
8.42%

Purchase Details

Listed on
Apr 3, 2015
Closed on
Sep 23, 2016
Sold by
Ketchum Thomas B
Bought by
Ketchum Benjamin Dent
Seller's Agent
JOHN PICKETT III
Brown Harris Stevens of Palm Beach 5892
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$3,400,000
Sold Price
$3,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%

Purchase Details

Listed on
Apr 3, 2015
Closed on
Aug 1, 2016
Sold by
Coleman Alexnader P and Coleman Amanda Boalt
Bought by
Ketchum Victoria Grauer and Ketchum Benjamin Dent
Seller's Agent
JOHN PICKETT III
Brown Harris Stevens of Palm Beach 5892
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$3,400,000
Sold Price
$3,400,000

Purchase Details

Listed on
Sep 5, 2013
Closed on
Jul 1, 2014
Sold by
Borislow Michele L
Bought by
Coleman Alexander P and Coleman Amanda Boalt
Seller's Agent
STEVE DAVIS
The Corcoran Group
Buyer's Agent
John Pickett
Brown Harris Stevens of Palm Beach 6598
List Price
$2,350,000
Sold Price
$2,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.23%
Original Mortgage
$1,880,000
Interest Rate
2.56%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2006
Sold by
Walsh Thomas T and Manley Frank A
Bought by
Borislow Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 30, 2004
Sold by
Smith Donna
Bought by
Cole James L

Purchase Details

Closed on
Feb 24, 2004
Sold by
Cole James L
Bought by
Walsh Thomas T and Manley Frank A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Robert E Mason Iv Irrevocable Trust $3,425,000 Attorney
Ketchum Benjamin Dent -- None Available
Ketchum Victoria Grauer $3,400,000 None Available
Coleman Alexander P $2,350,000 Attorney
Borislow Michele $3,075,000 Clarion Title Co
Cole James L $840,000 --
Walsh Thomas T $1,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Alexander P $1,880,000
Previous Owner Walsh Thomas T $200,000
Previous Owner Walsh Thomas T $100,000
Previous Owner Walsh Thomas T $1,500,000
Previous Owner Walsh Thomas T $58,750
Previous Owner Walsh Thomas T $881,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $4,095,000 0.0% $669 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
04/06/2018 04/06/18 For Sale $4,095,000 +20.4% $669 / Sq Ft
08/05/2016 08/05/16 Sold $3,400,000 0.0% $555 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/03/2015 04/03/15 For Sale $3,400,000 +44.7% $555 / Sq Ft
07/01/2014 07/01/14 Sold $2,350,000 0.0% $390 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $2,350,000 -- $390 / 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 $75,398 $3,417,701 -- --
2023 $69,778 $3,107,001 $0 $0
2022 $60,966 $2,824,546 $0 $0
2021 $56,119 $2,567,769 $675,000 $1,892,769
2020 $54,532 $2,469,660 $600,000 $1,869,660
2019 $44,943 $2,056,155 $500,000 $1,556,155
2018 $43,482 $2,041,643 $506,512 $1,535,131
2017 $52,468 $2,423,902 $460,466 $1,963,436
2016 $50,093 $2,225,176 $0 $0
2015 $49,688 $2,147,506 $0 $0
2014 $35,062 $1,310,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cara McClure

    Douglas Elliman

    (561) 655-8600

    40 in this area

    173 Total Sales

    Section Image

  • L

    Seller Co-Listing Agent in 2019

    LISA WILKINSON

    Douglas Elliman

    (561) 723-9500

    38 in this area

    186 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    ASHLEY COPELAND

    Brown Harris Stevens of Palm Beach 0039

  • J

    Seller's Agent in 2016

    JOHN PICKETT III

    Brown Harris Stevens of Palm Beach 5892

  • C

    Buyer's Agent in 2016

    Crista Ryan

    Tina Fanjul Associates, Inc.

    (561) 313-1327

    2 in this area

    47 Total Sales

    Section Image

  • S

    Seller's Agent in 2014

    STEVE DAVIS

    The Corcoran Group

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-815

APN: 74-43-44-03-10-005-0090

Florida Palm Beach County West Palm Beach 33405 South End

229 E Lakewood Rd, West Palm Beach, FL

This home is located at 229 E Lakewood Rd, West Palm Beach, FL 33405 since 06 April 2018 and is currently estimated at $6,797,419, approximately $1,110 per square foot. This property was built in 2006. 229 E Lakewood Rd is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill Community High School.

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