NOT LISTED FOR SALE

620 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $10,806,305

0.4 Acre
$27,015,762 Price per Acre
17,424 Sq Ft Lot

Last Sold January 10, 2024

Last sale price $10,250,000 $3,276 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $70,578/month

483 Days on Market

About This Lot

As of January 2024

Fantastic 150' X 117' +/- lot in the Near North End. Just two houses from the Lake Trail. Excellent opportunity to build your Palm Beach dream home!

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 06/17/2022

Last Buyer's Agent

pbb.rets.frisst

pbb.rets.RETS_OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $97,650

Year Built

  • 1951

Lot Details

  • 0.4 Acre Lot
  • East Facing Home
  • Cleared Lot
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Community Details

  • East Shore Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310100000112

Property Details

Property Type

Land

Est. Annual Taxes

$97,650

Year Built

1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.4
  • Subdivision Name: East Shore Add
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Taxes2: 97650.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 150
  • General Property Description:Lot SqFt: 17625
  • Exposure:East: Yes
  • Land Improvements:Electric Available: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Miscellaneous:Land Cleared: Yes
  • Special Features: None
  • Year Built: 1951

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF

Utilities

  • Utilities: Electric Available, Water Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 17625.0
  • Parcel #: 50434310100000112
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 97650.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jan 10, 2024
Sold by
Lazarowitz Robert and Rapaport Cobey
Bought by
Ocean Front Avenue 2 Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
pbb.rets.frisst
pbb.rets.RETS_OFFICE
List Price
$14,900,000
Sold Price
$10,250,000
Premium/Discount to List
-$4,650,000
-31.21%
Total Days on Market
483
Views
87
Current Estimated Value
$10,806,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,305
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Jul 13, 2022
Sold by
Rapaport Cobey and Rapaport Robert
Bought by
Rapaport Cobey and Lazarowitz Robert

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 27, 2021
Sold by
Cator Susan S and Howard C Story Jr Living Trust
Bought by
Lazarowitz Robert and Rapaport Cobey
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$7,250,000
Sold Price
$6,840,000
Premium/Discount to List
-$410,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 19, 2021
Sold by
Brown Brothers Harriman Trust Company Na
Bought by
Cator Susan S and The Howard C Story Jr Living T
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$7,250,000
Sold Price
$6,840,000
Premium/Discount to List
-$410,000
-5.66%

Purchase Details

Closed on
Feb 14, 2017
Sold by
Story Hwoard and Story Howard C
Bought by
Story Howard C and Cator Susan S
Source: Public Records

Similar Properties in Palm Beach, FL

  • 324 Eden Rd, Palm Beach, FL 33480

    $9,500,000

    • Land
    • 0.32 Acre
    • $29,687,500 per Acre
    • 324 Eden Rd
    • Palm Beach, FL

    Prime development opportunity on Eden Road, one of the more desirable streets in the North End. This expansive 14,000+ sq ft lot (100' x 140') sits on the South side with alley access at the rear of the property. Both Lake Trail and deeded beach access are just steps away. A private trail between 980 N. Ocean Blvd. and 977 N. Ocean Blvd. offers direct beach access for members of the Eden Dodge

    Dovi Ettedgui The Corcoran Group

    Section Image
  • 274 Monterey Rd, Palm Beach, FL 33480

    $8,395,000

    • Land
    • 0.31 Acre
    • $27,080,645 per Acre
    • 274 Monterey Rd
    • Palm Beach, FL

    Highly sought after North End Bermuda style 3-BR, 3-BA home plus office situated on a 13,500 SqFt Lot. Lush tropical landscaping surrounding pool.Impact windows and doors, full house generator, 2-car air-conditioned garage. Versatile property with option to build new on this 13,500 SqFt Lot or simplymaintain the North End Bermuda charm of the existing property. Monterey has lake trail and easy

    Dana Koch The Corcoran Group

    Section Image
See All Homes in Palm Beach

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ocean Front Avenue 2 Llc $10,250,000 None Listed On Document
Rapaport Cobey -- --
Lazarowitz Robert $6,840,000 Attorney
Cator Susan S -- Attorney
Story Howard C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Story Howard $250,000
Previous Owner Story Howard $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $10,250,000 -6.4% $3,276 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
05/28/2023 05/28/23 Price Changed $10,950,000 -8.4% $3,500 / Sq Ft
04/04/2023 04/04/23 Price Changed $11,950,000 -7.4% $3,819 / Sq Ft
11/11/2022 11/11/22 Price Changed $12,900,000 -13.4% $4,123 / Sq Ft
06/17/2022 06/17/22 For Sale $14,900,000 +117.8% $4,762 / Sq Ft
04/29/2021 04/29/21 Sold $6,840,000 -5.7% $2,186 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $7,250,000 -- $2,317 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $119,020 $7,439,199 -- --
2023 $111,877 $6,762,908 $0 $0
2022 $96,399 $6,148,098 $0 $0
2021 $16,683 $979,791 $0 $0
2020 $16,692 $966,263 $0 $0
2019 $16,651 $944,539 $0 $0
2018 $15,871 $926,927 $0 $0
2017 $15,853 $907,862 $0 $0
2016 $14,781 $889,189 $0 $0
2015 $15,281 $883,008 $0 $0
2014 $15,353 $876,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Angle

    Seller's Agent in 2024

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    89 in this area

    223 Total Sales

    Christian Angle
    Section Image

  • p

    Buyer's Agent in 2024

    pbb.rets.frisst

    pbb.rets.RETS_OFFICE

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-958

APN: 50-43-43-10-10-000-0112

Florida Palm Beach County Palm Beach 33480 North End

620 N Lake Way, Palm Beach, FL

This home is located at 620 N Lake Way, Palm Beach, FL 33480 since 17 June 2022 and is currently estimated at $10,806,305, approximately $3,453 per square foot. This property was built in 1951. 620 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.

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.

Nearby Homes