NOT LISTED FOR SALE

321 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $6,859,000 - $17,338,789

5 Beds
4 Baths
6,788 Sq Ft
$1,782/Sq Ft Est. Value

About This Home

This home is located at 321 N Lake Way, Palm Beach, FL 33480 and is currently estimated at $12,098,895, approximately $1,782 per square foot. 321 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Phelps Edwin L and Phelps Linda M
Bought by
255 Wells Road Llc
Current Estimated Value
$12,098,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Outstanding Balance
$10,071,746
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$2,135,592

Purchase Details

Closed on
May 7, 2012
Sold by
Mendel Nancy W
Bought by
Phelps Edwin L and Phelps Linda M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
255 Wells Road Llc $16,580,000 Attorney
Phelps Edwin L $2,200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 255 Wells Road Llc $11,000,000
Previous Owner Phelps Edwin L $4,500,000
Previous Owner Phelps Edwin L $4,500,000
Previous Owner Mendel Nancy W $2,600,000
Previous Owner Mendel Nancy W $1,477,500
Previous Owner Mendel Nancy W $1,000,000
Source: Public Records

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 $305,040 $19,360,000 -- --
2023 $279,563 $17,600,000 $0 $0
2022 $249,239 $17,392,748 $0 $0
2021 $100,118 $6,121,601 $0 $0
2020 $100,338 $6,037,082 $0 $0
2019 $100,153 $5,901,351 $0 $0
2018 $95,154 $5,791,316 $0 $0
2017 $95,211 $5,672,200 $0 $0
2016 $95,042 $5,555,534 $0 $0
2015 $98,298 $5,516,916 $0 $0
2014 $46,667 $2,352,732 $0 $0
Source: Public Records

Map

Florida Palm Beach County Palm Beach 33480 North End

321 N Lake Way, Palm Beach, FL

This home is located at 321 N Lake Way, Palm Beach, FL 33480 and is currently estimated at $12,098,895, approximately $1,782 per square foot. 321 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.

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