$7,000,000
SOLD NOV 3, 2017
6 Beds
5 Baths
4,701 Sq Ft
0.52 Acres

Recently Sold

$1,489 Per Sq Ft

168 Days on Market

Highlights

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

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: 05/01/2017

The Corcoran Group

Co-Listed By

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,108

Year Built

  • Built in 1962

Lot Details

  • 0.52 Acre Lot
  • Waterfront
  • West Facing Home
  • Property is zoned RB

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

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

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai

Additional Features

  • Guest House
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Brams Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310060000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,108

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: Irregular - 22,521
  • Subdivision Name: Brams Addition
  • Architectural Style: Regency, One Story
  • Garage Yn: Yes
  • Year Built: 1962
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 88108.0
  • Location Tax Legal:Tax Year2: 2016
  • 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): Irregular - 22,521
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 22651
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Windows:Impact Glass: 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
  • Living Area: 4701.0
  • Window Features: Impact Glass
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: 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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Lot Size Sq Ft: 22651.0
  • Parcel #: 50434310060000090
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 88108.0
  • Tax Year: 2016

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
168
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,749,374 Attorney
Warranty Deed $7,000,000 Trident Title
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $5,400,000 Attorney
Deed $2,700,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,850,000 Credit Line Revolving
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

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-1107

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