NOT LISTED FOR SALE

528 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $7,437,000 - $15,876,497

6 Beds
7.5 Baths
6,398 Sq Ft
$1,729/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2018

Last sale price $5,250,000 $821 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $66,215 / mo

131 Days on Market

Highlights

  • In Ground Pool
  • Marble Flooring
  • No HOA
  • Palm Beach Public School Rated A-
  • Main Floor Primary Bedroom
  • Separate Shower in Primary Bathroom

About This Home

As of April 2018

Tangier Estate is offering This beautiful 6 BR + Staff/8.5 BA pool home equipped with a 2 car garage boasts 6,398 sq ft living area. Interior features in this gracious residence include high ceilings, French doors, pristine finishes, marble floors, custom moldings & Abundant storage. Separate wing for guests and staff guest quarters. Full house generator. North End of the Island

Last Agent to Sell the Property

Pat Smith

Douglas Elliman License #3363775 Listed on: 09/02/2017

Douglas Elliman

Co-Listed By

Richard Steinberg

Compass Florida LLC License #3368764

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,898

Year Built

  • Built in 1960

Lot Details

  • 17,286 Sq Ft Lot
  • East Facing Home
  • Property is zoned RB

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 6,398 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434314010000040

Community Details

Overview

  • No Home Owners Association
  • Tangier Est Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,898

Year Built

Built in 1960

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on Cocoanut & continue on to N. Lake Way.
  • Year Built: 1960
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Dual Sinks, Main Level Primary, Pantry, Storage, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Flooring: Carpet, Marble
  • Living Area: 6398.0
  • Stories: 2

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: East
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Senior Community: No
  • Amenities: Trail(s)
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434314010000040
  • Lot Size Acres: 0.4
  • Lot Size: 173.0 ft x 0.0 ft
  • Lot Size Sq Ft: 17424.0
  • Mobile Dim Units: Feet
  • Zoning: RB

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 46897.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2019
Sold by
Nlwfl Llc
Bought by
Margolis Michael A and Mujica Margolis Mitra
Current Estimated Value
$11,064,499

Purchase Details

Listed on
Sep 2, 2017
Closed on
Apr 6, 2018
Sold by
Ocibaum Harold and Ocibaum Nancy
Bought by
Nlwfl Llc
Seller's Agent
Pat Smith
Douglas Elliman
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$7,500,000
Sold Price
$5,250,000
Premium/Discount to List
-$2,250,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
May 15, 1997
Sold by
Rudnick Cecil N
Bought by
Oelbaum Harhold and Oelbaum Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Margolis Michael A -- Attorney
Nlwfl Llc $4,936,727 Attorney
Oelbaum Harhold $1,100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $5,250,000 -30.0% $821 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
09/02/2017 09/02/17 For Sale $7,500,000 -- $1,172 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $79,524 $5,530,005 -- --
2024 $79,524 $5,374,155 -- --
2023 $77,929 $5,217,626 $0 $0
2022 $78,065 $5,065,656 $0 $0
2021 $79,336 $4,918,113 $0 $0
2020 $80,514 $4,850,210 $3,068,697 $1,781,513
2019 $75,793 $4,430,490 $2,800,332 $1,630,158
2018 $81,556 $4,932,335 $3,047,248 $1,885,087
2017 $47,364 $2,814,331 $0 $0
2016 $46,898 $2,756,446 $0 $0
2015 $48,500 $2,737,285 $0 $0
2014 $48,734 $2,715,561 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pat Smith

    Seller's Agent in 2018

    Pat Smith

    Douglas Elliman

    (561) 247-3158

    38 Total Sales

    Pat Smith
    Section Image
  • Richard Steinberg

    Seller Co-Listing Agent in 2018

    Richard Steinberg

    Compass Florida LLC

    (917) 676-0150

    24 Total Sales

    Richard Steinberg
    Section Image
  • Christian Angle

    Buyer's Agent in 2018

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    68 in this area

    185 Total Sales

    Christian Angle
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10364380

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-14-01-000-0040

Florida Palm Beach County Palm Beach 33480 North End

528 N Lake Way, Palm Beach, FL

Not Listed for Sale

Detached

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