NOT LISTED FOR SALE

661 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,205,000 - $9,450,000

6 Beds
5 Baths
4,701 Sq Ft
$1,984/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $6,749,374 $1,436 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $64,016/month

482 Days on Market

Highlights

  • Guest House
  • Gas Heated Pool
  • Waterfront
  • Palm Beach Public School Rated A-
  • Garage Apartment
  • Wood Flooring

About This Home

As of November 2020

Mini compound (over 1/2 acre) on prestigious North Lake Way. This elegant Gottfried Regency was restored with gracious scale, style, and state of the art finishes. It's 4 BR main house with floor to ceiling windows, 2 BR guest house with full kitchen & cabana/entertaining bar area are surrounded by Morgan Wheelock gardens.

Last Agent to Sell the Property

Dana Koch

The Corcoran Group License #3027862 Listed on: 07/02/2019

The Corcoran Group

Co-Listed By

Paulette Koch

The Corcoran Group License #3068398

Last Buyer's Agent

Cara Coniglio

REBACK REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $95,233

Year Built

  • Built in 1962

Lot Details

  • 0.52 Acre Lot
  • Waterfront
  • Home has East and West Exposure
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Home Design

  • Regency Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,701 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • Garage Apartment

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Additional Homes

  • Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310060000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$95,233

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Lot Size: 174
  • Subdivision Name: Tropic Isle
  • Architectural Style: Regency, One Story
  • Garage Yn: Yes
  • Year Built: 1962
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 95232.74
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 4701.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 174
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • General Property Description:Lot SqFt: 22651
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Floors:StoneBrick: Yes
  • Exposure:West: Yes
  • Style:Regency: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood, Stone/Brick
  • Interior Amenities: Cable, Smoke Detectors
  • Living Area: 4701.0
  • Window Features: Impact Glass
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Guesthouse/Cottage
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:GuesthouseCottage: Yes

Garage/Parking

  • Parking Features: 1 Car
  • Garage:_one_ Car: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 22651.0
  • Parcel #: 50434310060000090
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 95232.74
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2019
Closed on
Nov 6, 2020
Sold by
Nylen Mark A and Nylen 2007 Family Trust
Bought by
Conway Edwin N and Conway Edwin N
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Cara Coniglio
REBACK REALTY INC
List Price
$6,749,374
Sold Price
$6,749,374
Total Days on Market
482
Current Estimated Value
$9,327,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,578,126
Avg. Annual Appreciation
7.35%

Purchase Details

Listed on
May 1, 2017
Closed on
Oct 31, 2017
Sold by
North Lake Way Llc
Bought by
Nylen Mark A and The Nylen 2007 Family Trust
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$7,000,000
Sold Price
$7,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.20%

Purchase Details

Closed on
Jun 22, 2012
Sold by
Nylen Mary Ellen
Bought by
North Lake Way Llc

Purchase Details

Closed on
Oct 28, 2010
Sold by
Iovino Thomas and Iovino Judith
Bought by
Nylen Mark A and Nylen 2007 Family Trust

Purchase Details

Closed on
Mar 13, 2003
Sold by
Wabiszewski Rose Marie
Bought by
Iovino Thomas and Iovino Judith

Purchase Details

Closed on
Aug 1, 2001
Sold by
Ralph L Wabiszewski M and Wabiszewski M Rose M
Bought by
Wabiszewski Ralph L/Rose M Trust
Source: Public Records

Similar Homes in Palm Beach, FL

  • 360 Seaspray Ave, Palm Beach, FL 33480

    $9,495,000

    • 4 Beds
    • 6 Baths
    • 3,240 Sq Ft
    • 360 Seaspray Ave
    • Palm Beach, FL

    Welcome to 360 Seaspray, a quintessential Palm Beach family home in the highly desired ''Sea Streets''. Perfect in town location just steps to the beach, trail, schools and shopping. After a meticulous two year gut renovation, every detail is updated and modernized! The generous primary suite has wood floors, vaulted ceiling, den and separate his/hers bathrooms. Other special features include

    Justin Besikof Linda R. Olsson Inc.

    Section Image
  • 230 Plantation Rd, Palm Beach, FL 33480

    $7,950,000

    • 5 Beds
    • 5 Baths
    • 2,821 Sq Ft
    • 230 Plantation Rd
    • Palm Beach, FL

    Charming and cheery pool home on quiet north end street. This quintessential Palm Beach family home offers generous living spaces, comfortable layout and great light. Spacious living areas include formal living room, dining room, family room. Five bedrooms (fifth bedroom has no closet but has built-in cabinets). Great flow for indoor/outdoor entertaining. Move-in ready, recent updates

    Beth Cole The Corcoran Group

    Section Image
  • 295 Bahama Ln, Palm Beach, FL 33480

    $9,850,000

    • 4 Beds
    • 6 Baths
    • 3,980 Sq Ft
    • 295 Bahama Ln
    • Palm Beach, FL

    Elegant home for sale in north end. This four bedroom, five bath house features a ground floor primary bedroom with separate bathrooms, formal living room, library/den, pool, two car garage and serene garden area for relaxing or entertaining. Home was decorated with all new furnishings by renowned interior designer. House is rented for next season -November 1, 2025 until May 31, 2026.

    Judge Moss Sotheby's International Realty, Inc.

    Section Image
  • 225 Jamaica Ln, Palm Beach, FL 33480

    $9,200,000

    • 4 Beds
    • 5 Baths
    • 3,300 Sq Ft
    • 225 Jamaica Ln
    • Palm Beach, FL

    Beautifully updated and meticulously maintained. This very sophisticated West Indies style home is Move-in Ready! Expansive and open floor plan, tray ceilings make for bright and airy interior with multiple living spaces that open to a wonderful outdoor loggia /summer kitchen. Perfect for year-round entertaining. The interior features French limestone floors, fully equipped chefs kitchen and

    J. RICHARD ALLISON II The Corcoran Group

    Section Image
  • 361 Crescent Dr, Palm Beach, FL 33480

    $11,500,000

    • 5 Beds
    • 5 Baths
    • 4,318 Sq Ft
    • 361 Crescent Dr
    • Palm Beach, FL

    Located 1 block from Palm Beach's pristine sands & scenic Lake Trail. The 1947 Colonial-style home renovated in 2014 w/Hollywood Regency flair features a formal foyer, wood staircase, living room w fireplace, formal dining room, original plaster moldings, library w/wood ceilings open to garden & pool, a gourmet kitchen equipped w/custom cabinetry, Wolf gas range, Sub-Zero fridge & butler's pantry

    Susana Diaz Martinez Cervera Real Estate, Inc.

    Section Image
  • 214 List Rd, Palm Beach, FL 33480

    $9,100,000

    • 5 Beds
    • 5 Baths
    • 4,003 Sq Ft
    • 214 List Rd
    • Palm Beach, FL

    Prime location, Bermuda style home on a royal palm-lined street on the North End of Palm Beach with a large lot, with rear access from Via Marila, and just two houses from the beach. The property features a pool surrounded by tropical landscaping, an updated kitchen with marble countertops, formal dining room, and an open floor plan for entertaining with wet bar.

    Crista Ryan Tina Fanjul Associates, Inc.

    Section Image
  • 224 Atlantic Ave, Palm Beach, FL 33480

    $10,495,000

    • 4 Beds
    • 5 Baths
    • 3,744 Sq Ft
    • 224 Atlantic Ave
    • Palm Beach, FL

    This modern in-town residence spans over 6,428 square feet and offers four bedrooms, four and a half bathrooms, and ARCOM-approved plans to enclose the garage. The living room features floor-to-ceiling windows and a balcony overlooking the expansive south-facing gas heated pool, lush green space, and dining terrace. The kitchen is equipped with Wolf/Sub Zero appliances, a wet bar, and a butler's

    Todd Peter Sotheby's International Realty, Inc.

    Section Image
  • 165 Seminole Ave, Palm Beach, FL 33480

    $9,995,000

    • 4 Beds
    • 5 Baths
    • 3,410 Sq Ft
    • 165 Seminole Ave
    • Palm Beach, FL

    Fabulous Ocean Block, CBS construction, 4 Bed/4.5 BA single story home in move-in condition with soaring 11 ft ceilings, two car garage, and pool. Situated on a oversized high elevation (10+ ft.) lot in the best location in town... Walk to Houses of Worship, Restaurants, Shops, The Breakers, and the Beach. Just move in and enjoy, renovate, or built new.

    Linda R Olsson Linda R. Olsson Inc.

    Section Image
  • 259 Oleander Ave, Palm Beach, FL 33480

    $7,495,000

    • 4 Beds
    • 5 Baths
    • 2,493 Sq Ft
    • 259 Oleander Ave
    • Palm Beach, FL

    Brand new, under construction home with time to customize! This beautiful Contemporary Mediterranean was designed by StudioSR Architecture and Design and features 4 bedrooms, 4 full bathrooms, and 1 powder room. Fantastic In-Town location close to great dining and shopping. Conveniently situated just one block from the Lake Trail and the beach.

    Christian Angle Christian Angle Real Estate

    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
Conway Edwin N $6,749,374 Attorney
Nylen Mark A $7,000,000 Trident Title
North Lake Way Llc -- Attorney
North Lake Way Llc -- Attorney
North Lake Way Llc -- Attorney
Nylen Mark Ellen -- Attorney
Nylen Mark -- Attorney
Nylen Mark -- Attorney
Nylen Mark A $5,400,000 Attorney
Iovino Thomas $2,700,000 --
Wabiszewski Ralph L/Rose M Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lovino Thomas $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $6,749,374 0.0% $1,436 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
07/02/2019 07/02/19 For Sale $6,749,374 -3.6% $1,436 / Sq Ft
11/03/2017 11/03/17 Sold $7,000,000 0.0% $1,489 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $7,000,000 -- $1,489 / 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 $174,178 $8,185,802 -- --
2023 $163,826 $7,441,638 $10,605,420 $4,847,977
2022 $137,545 $6,765,125 $0 $0
2021 $100,142 $6,150,114 $3,835,843 $2,314,271
2020 $111,585 $6,744,263 $3,997,153 $2,747,110
2019 $104,545 $6,185,768 $3,647,592 $2,538,176
2018 $95,233 $5,822,099 $3,464,599 $2,357,500
2017 $95,789 $5,967,182 $3,765,869 $2,201,313
2016 $88,108 $5,061,646 $0 $0
2015 $82,776 $4,601,496 $0 $0
2014 $77,282 $4,186,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Koch

    Seller's Agent in 2020

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    73 in this area

    235 Total Sales

    Dana Koch
    Section Image

  • P

    Seller Co-Listing Agent in 2020

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    53 in this area

    145 Total Sales

    Paulette Koch
    Section Image

  • C

    Buyer's Agent in 2020

    Cara Coniglio

    REBACK REALTY INC

  • C

    Buyer's Agent in 2020

    CARA McCLURE

    Brown Harris Stevens of Palm Beach 5225

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-1449

APN: 50-43-43-10-06-000-0090

Florida Palm Beach County Palm Beach 33480 North End

661 N Lake Way, Palm Beach, FL

This home is located at 661 N Lake Way, Palm Beach, FL 33480 since 02 July 2019 and is currently estimated at $9,327,500, approximately $1,984 per square foot. This property was built in 1962. 661 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