510 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated payment $116,807/month
Total Views
25,307
4
Beds
7
Baths
6,239
Sq Ft
$3,205
Price per Sq Ft
Highlights
- Gas Heated Pool
- Waterfront
- Marble Flooring
- Palm Beach Public School Rated A-
- Colonial Architecture
- Lanai
About This Home
Elegant two-story British Colonial residence on an oversize lot, close proximity to town with direct Lake Trail access. This home has four bedrooms, six full baths, one half bath, a formal dining room, and a gracious living room and family room offering the perfect entertaining atmosphere inside and outside. A large gourmet eat-in kitchen that leads out to the covered loggia. The expansive backyard and pool area include a loggia perfect for outdoor living. The master suite has his and her baths, walk-in closets and a terrace. The property is surrounded with lush landscaping offering exclusive privacy from neighboring homes. This home enables one to truly live the Palm Beach Lifestyle.
Listing Agent
Sotheby's International Realty, Inc. License #BK-3403343 Listed on: 12/06/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $96,851
Year Built
- Built in 1995
Lot Details
- Waterfront
- Home has sun exposure from multiple directions
- Fenced Front Yard
- Corner Lot
- Sprinkler System
- Property is zoned 50- Rb - Rb (50-Palm Beach)
Parking
- Attached Garage
Home Design
- Colonial Architecture
- Tile Roof
- Fiber Cement Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 6,239 Sq Ft Home
- 2-Story Property
- Wet Bar
- Ceiling Fan
- Fireplace
- Single Hung Windows
- Dining Room
- Library
- Utility Room
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 7 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Hurricane or Storm Shutters
Pool
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Balcony
- Patio
- Lanai
Utilities
- Forced Air Zoned Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Tangier Estates Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434314010000290
Map
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Home Values in the Area
Average Home Value in this Area
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 | $102,388 | $6,027,261 | -- | -- |
| 2023 | $96,851 | $5,608,742 | $0 | $0 |
| 2022 | $87,164 | $5,224,501 | $0 | $0 |
| 2021 | $79,082 | $4,871,531 | $0 | $0 |
| 2020 | $80,645 | $4,888,222 | $0 | $0 |
| 2019 | $77,284 | $4,587,750 | $0 | $0 |
| 2018 | $75,892 | $4,655,318 | $0 | $0 |
| 2017 | $75,024 | $4,683,235 | $0 | $0 |
| 2016 | $70,732 | $4,108,327 | $0 | $0 |
| 2015 | $69,404 | $3,880,899 | $0 | $0 |
| 2014 | -- | $3,671,429 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Price Changed | $19,995,000 | -7.0% | $3,205 / Sq Ft |
| 12/06/2024 12/06/24 | For Sale | $21,500,000 | -- | $3,446 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $3,200,000 | -- | |
| Warranty Deed | $2,200,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $660,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $270,000 | New Conventional | |
| Closed | $2,837,000 | Unknown | |
| Previous Owner | $2,900,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $2,000,000 | Unknown | |
| Previous Owner | $1,900,000 | No Value Available | |
| Previous Owner | $800,000 | New Conventional | |
| Previous Owner | $1,400,000 | New Conventional |
Source: Public Records
Similar Homes in Palm Beach, FL
Source: Palm Beach Board of REALTORS®
MLS Number: 24-1877
APN: 50-43-43-14-01-000-0290
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