NOT LISTED FOR SALE

735 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,056,000 - $16,105,691

5 Beds
7 Baths
5,306 Sq Ft
$2,160/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $6,800,000 $1,282 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $70,883/month

17 Days on Market

Highlights

  • Guest House
  • Cabana
  • Colonial Architecture
  • Palm Beach Public School Rated A-
  • Waterfront
  • Marble Flooring

About This Home

As of May 2014

Spectacular custom island Colonial on double lot (23,000 SF). Impact windows throughout, pool cabana/guest house, and full house generator! Breathtaking pool and garden area, ready to move in!

Last Agent to Sell the Property

ALLISON WREN

The Corcoran Group Listed on: 02/18/2014

Last Buyer's Agent

Liza Pulitzer

Brown Harris Stevens of Palm Beach 5225 License #SL-538250

Brown Harris Stevens of Palm Beach 5225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,850

Year Built

  • Built in 1991

Lot Details

  • Waterfront
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Bermuda Architecture
  • Tile Roof
  • "S" Clay Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,306 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Fireplace
  • Library
  • Impact Glass

Kitchen

  • Double Oven
  • Gas Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434310040000650

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,850

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 115
  • Subdivision Name: N/A
  • Directions: North End Palm Beach
  • Architectural Style: Bermuda, Colonial, Two Story
  • Garage Yn: Yes
  • Year Built: 1991
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 55849.95
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 5306.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 115
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • Windows:Impact Glass: Yes
  • Roof:Clay Tile: Yes
  • Floors:StoneBrick: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Stone/Brick
  • Interior Amenities: Fireplace, Sound System
  • Living Area: 5306.0
  • Window Features: Impact Glass, Impact Glass-Full
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Cabana, Sprinkler System, Guesthouse/Cottage
  • Roof: Clay Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Pool/Spa: Yes
  • Exterior Features:Cabana: Yes
  • Exterior Features:GuesthouseCottage: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434310040000650
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 55849.95
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 20, 2014
Sold by
Thompson Ann C and Cahill Christopher
Bought by
Salzman Jeffrey
Seller's Agent
ALLISON WREN
The Corcoran Group
Buyer's Agent
Liza Pulitzer
Brown Harris Stevens of Palm Beach 5225
List Price
$6,800,000
Sold Price
$6,800,000
Current Estimated Value
$11,459,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,659,230
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Aug 23, 2013
Sold by
Thompson Ann C
Bought by
Thompson Ann C

Purchase Details

Listed on
Jan 26, 2012
Closed on
May 14, 2012
Sold by
Hanlon M Timothy
Bought by
Thompson Ann C
Seller's Agent
ROSALIND CLARKE
The Corcoran Group
Buyer's Agent
Allison Wren
The Corcoran Group
List Price
$4,025,740
Sold Price
$4,025,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$2,778,750
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 26, 2012
Closed on
May 8, 2012
Sold by
Zdarsky Constantin and Zdarsky Konstantin
Bought by
Thompson Ann C
Seller's Agent
ROSALIND CLARKE
The Corcoran Group
Buyer's Agent
Allison Wren
The Corcoran Group
List Price
$4,025,740
Sold Price
$4,025,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,778,750
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 26, 2012
Closed on
May 2, 2012
Sold by
Zdarsky Bult Micaela
Bought by
Thompson Ann C
Seller's Agent
ROSALIND CLARKE
The Corcoran Group
Buyer's Agent
Allison Wren
The Corcoran Group
List Price
$4,025,740
Sold Price
$4,025,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,778,750
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2008
Sold by
Schattie Richard J
Bought by
Zdarsky Axel

Purchase Details

Closed on
Dec 17, 1999
Sold by
Delorenzo John F and Delorenzo Amy L
Bought by
Schattle Richard J

Purchase Details

Closed on
May 28, 1999
Sold by
Raese John R and Raese Elizabeth
Bought by
Delorenzo John F and Delorenzo Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1995
Sold by
Shapiro Robert Lee and Bunn Jean
Bought by
Raese Elizabeth and Raese John Reeves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
8.59%
Source: Public Records

Range of Values:

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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
Salzman Jeffrey $6,800,000 Attorney
Thompson Ann C -- Attorney
Thompson Ann C $3,980,725 Attorney
Thompson Ann C -- Attorney
Thompson Ann C -- Attorney
Thompson Ann C -- Attorney
Zdarsky Axel -- Attorney
Schattle Richard J $1,550,000 --
Delorenzo John F $1,350,000 --
Raese Elizabeth $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Ann C $2,778,750
Previous Owner Delorenzo John F $945,000
Previous Owner Raese Elizabeth $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $6,800,000 0.0% $1,282 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $6,800,000 +68.9% $1,282 / Sq Ft
05/14/2012 05/14/12 Sold $4,025,740 0.0% $759 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $4,025,740 -- $759 / 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 $97,699 $6,482,641 -- --
2023 $95,634 $6,293,826 $0 $0
2022 $95,800 $6,110,511 $0 $0
2021 $97,479 $5,932,535 $0 $0
2020 $97,683 $5,850,626 $0 $0
2019 $97,506 $5,719,087 $0 $0
2018 $92,664 $5,612,450 $3,948,001 $1,664,449
2017 $96,919 $5,749,696 $4,291,305 $1,458,391
2016 $88,962 $5,076,618 $0 $0
2015 $83,020 $4,615,107 $0 $0
2014 $57,004 $3,152,012 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Buyer's Agent in 2014

    Liza Pulitzer

    Brown Harris Stevens of Palm Beach 5225

    (561) 659-6400

    17 in this area

    58 Total Sales

    Section Image

  • R

    Seller's Agent in 2012

    ROSALIND CLARKE

    The Corcoran Group

  • B

    Seller Co-Listing Agent in 2012

    BURTON MINKOFF

    The Corcoran Group

  • A

    Buyer's Agent in 2012

    Allison Wren

    The Corcoran Group

    (561) 655-9081

    4 in this area

    27 Total Sales

    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-386

APN: 50-43-43-10-04-000-0650

Florida Palm Beach County Palm Beach 33480 North End

735 N Lake Way, Palm Beach, FL

This home is located at 735 N Lake Way, Palm Beach, FL 33480 since 18 February 2014 and is currently estimated at $11,459,230, approximately $2,159 per square foot. This property was built in 1991. 735 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.

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