NOT LISTED FOR SALE

579 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,123,000 - $11,024,865

4 Beds
5.5 Baths
4,374 Sq Ft
$2,217/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $3,500,000 $800 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $59,977/month

70 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Formal Dining Room
  • Palm Beach Public School Rated A-
  • Breakfast Area or Nook
  • Fireplace

About This Home

As of May 2015

Newly painted & decorated, gracious and airy 4 BR/5.5 BA w/ pool, 2 car garage and quality details and interior design by Mimi Kemble. High ceilings, hardwood floors, french doors. Well located close to town and bicycle path. A true value!

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 01/23/2015

The Corcoran Group

Co-Listed By

Paulette Koch

The Corcoran Group License #3068398

Last Buyer's Agent

John Pickett

Brown Harris Stevens of PB License #3218567

Brown Harris Stevens of PB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,269

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • Property is zoned RB

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,374 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434310030000141

Community Details

Overview

  • Woods Landing 2 Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,269

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Bradley Pl turns in to N Lake Way. House on east side.
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Fireplace
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 4374.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block

Garage/Parking

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

Utilities

  • Security: Security System
  • 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

  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310030000141
  • Lot Size Sq Ft: 11323.0
  • Zoning Description: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 48269.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2015
Sold by
Coleman Anastasia Tavoulareas and Coleman Anastasia
Bought by
Coleman Anastasia Tavoulares
Current Estimated Value
$9,697,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$426,177
Interest Rate
3.18%
Mortgage Type
New Conventional
Estimated Equity
$9,271,539

Purchase Details

Listed on
Jan 23, 2015
Closed on
May 4, 2015
Sold by
Taselaar Pieter and Taselaar Nina
Bought by
Coleman Anastasia
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
John Pickett
Brown Harris Stevens of PB
List Price
$4,295,000
Sold Price
$3,500,000
Premium/Discount to List
-$795,000
-18.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Jun 14, 2005
Sold by
Garrubbo Guy A
Bought by
Taselaar Pieter and Taselaar Nina

Purchase Details

Closed on
Apr 17, 2003
Sold by
Garrubbo Guy A and Garrubbo Corinne
Bought by
Garrubbo Guy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.62%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Vago John
Bought by
Turner Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.06%
Mortgage Type
Balloon
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
Coleman Anastasia Tavoulares -- Attorney
Coleman Anastasia $3,500,000 None Available
Taselaar Pieter $3,674,684 Eastern National Title Ins
Garrubbo Guy A -- --
Turner Thomas C $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Anastasia Tavoulares $1,100,000
Previous Owner Garrubbo Guy A $1,300,000
Previous Owner Turner Thomas C $350,000
Closed Garrubbo Guy A $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2015 05/04/15 Sold $3,500,000 0.0% $800 / Sq Ft View Prior Sale
05/04/2015 05/04/15 Sold $3,500,000 -18.5% $800 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
04/04/2015 04/04/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $4,295,000 +22.7% $982 / Sq Ft
01/05/2015 01/05/15 For Sale $3,500,000 -- $800 / 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 $100,319 $5,451,240 -- --
2023 $92,603 $4,955,673 $0 $0
2022 $83,119 $4,505,157 $0 $0
2021 $67,383 $4,095,597 $2,261,810 $1,833,787
2020 $63,283 $3,781,181 $2,010,116 $1,771,065
2019 $59,965 $3,505,487 $1,834,326 $1,671,161
2018 $56,218 $3,392,864 $1,958,161 $1,434,703
2017 $56,635 $3,363,426 $2,128,436 $1,234,990
2016 $52,297 $3,030,606 $0 $0
2015 $51,735 $2,803,673 $0 $0
2014 $48,269 $2,548,794 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    51 in this area

    139 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller's Agent in 2015

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    67 in this area

    220 Total Sales

    Dana Koch
    Section Image

  • J

    Buyer's Agent in 2015

    JOHN PICKETT III

    BARRETT WELLES PROPERTY GROUP LLC

  • John Pickett

    Buyer's Agent in 2015

    John Pickett

    Brown Harris Stevens of Palm Beach 6598

    (561) 301-5266

    2 in this area

    24 Total Sales

    John Pickett
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10105169

BeachesMLS

APN: 50-43-43-10-03-000-0141

Florida Palm Beach County Palm Beach 33480 North End

579 N Lake Way, Palm Beach, FL

This home is located at 579 N Lake Way, Palm Beach, FL 33480 since 23 January 2015 and is currently estimated at $9,697,716, approximately $2,217 per square foot. This property was built in 2001. 579 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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