NOT LISTED FOR SALE

430 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,418,000

0.75 Acre
$9,888,851 Price per Acre
32,676 Sq Ft Lot

Last Sold July 30, 2015

Last sale price $15,662,000 $2,819 Per Sq Ft

Current estimated payment $49,058/month

111 Days on Market

Highlights

  • Beach Front
  • Property has ocean access
  • 32,676 Sq Ft lot
  • Palm Beach Public School Rated A-
  • Intracoastal View
  • Paved or Partially Paved Lot

About This Lot

As of July 2015

Intracoastal property with approximately 115' on the lake

Last Agent to Sell the Property

JIM McCANN

Premier Estate Properties, Inc License #397290 Listed on: 03/10/2015

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $54,390

Year Built

  • 1967

Lot Details

  • 0.75 Acre Lot
  • Beach Front
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RB

Property Views

  • Intracoastal Views

Listing and Financial Details

  • Assessor Parcel Number 50434314040000021

Community Details

Overview

  • Miramar Plan Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$54,390

Year Built

1967

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palm Beach from North bridge left at first light north to property
  • Special Features: None
  • Year Built: 1967

Exterior Features

  • View: Intercoastal
  • Lot Features: Beach Front
  • Road Surface Type: Paved
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Direction Faces: East

Lot Info

  • Parcel #: 50434314040000021
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 32676.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 54390.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2018
Sold by
Paj Man Llc
Bought by
Levy Frances W
Total Days on Market
111
Current Estimated Value
$7,418,000

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jul 30, 2015
Sold by
Mergens Paul and Mergens Loughran Mary
Bought by
Pajman Llc
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$17,500,000
Sold Price
$15,662,000
Premium/Discount to List
-$1,838,000
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.01%

Purchase Details

Closed on
Mar 9, 2001
Sold by
Ann A Mergens I
Bought by
Mergens Ann Trust A
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
Levy Frances W -- Attorney
Pajman Llc $15,662,000 Attorney
Mergens Ann Trust A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $15,662,000 -10.5% $2,819 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $17,500,000 -- $3,150 / 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 $331,379 $22,323,861 -- --
2023 $324,789 $21,673,651 $0 $0
2022 $325,442 $21,042,380 $0 $0
2021 $330,831 $20,429,495 $13,622,415 $6,807,080
2020 $351,289 $21,238,020 $15,820,000 $5,418,020
2019 $258,034 $15,260,000 $15,260,000 $0
2018 $222,744 $13,606,511 $13,606,511 $0
2017 $239,547 $14,322,644 $14,322,644 $0
2016 $246,351 $14,322,644 $0 $0
2015 $221,922 $12,378,024 $0 $0
2014 $54,390 $3,027,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    JIM McCANN

    Premier Estate Properties, Inc

    (561) 307-1525

    31 in this area

    79 Total Sales

    JIM McCANN
    Section Image

  • P

    Buyer's Agent in 2015

    Paulette Koch

    The Corcoran Group

See All Agents

Map

Source: BeachesMLS

MLS Number: R10118029

BeachesMLS

APN: 50-43-43-14-04-000-0021

Florida Palm Beach County Palm Beach 33480 North End

430 N Lake Way, Palm Beach, FL

This home is located at 430 N Lake Way, Palm Beach, FL 33480 since 10 March 2015 and is currently estimated at $7,418,000, approximately $1,335 per square foot. This property was built in 1967. 430 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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