$4,025,740
SOLD MAY 14, 2012

735 N Lake Way Palm Beach, FL 33480

North End Neighborhood
5 Beds
7 Baths
5,306 Sq Ft
0.53 Acres

Recently Sold

$759 Per Sq Ft

76 Days on Market

Highlights

  • Cabana
  • Garage Apartment
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Waterfront
  • Traditional Architecture

About This Home

As of May 2014

Custom colonial on 23,000 SF lot with beautiful gardens between main house and guest/pool cabana. 4 BR, 4.5 BA plus 1/1 guesthouse with outdoor living room, summer kitchen & cabana bath. Classical proportions, 11’ and 9’ ceilings, plus plenty of room for expansion. Impact windows and doors, wine caves, motorized windows treatments, two hot tubs, smart-house lighting and surround sound AV.

Last Agent to Sell the Property

ROSALIND CLARKE

The Corcoran Group Listed on: 01/26/2012

Co-Listed By

BURTON MINKOFF

The Corcoran Group

Last Buyer's Agent

Allison Wren

The Corcoran Group License #3199580

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,058

Year Built

  • Built in 1991

Lot Details

  • Waterfront
  • Home has East and West Exposure
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RB

Home Design

  • Traditional Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,306 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Hung Windows
  • Dining Room
  • Library
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Parking

  • 2 Car Attached Garage
  • Garage Apartment

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mark Rafalsky Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434310040000650

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,058

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 115
  • Subdivision Name: Mark Rafalsky
  • Architectural Style: Traditional, Two Story
  • Garage Yn: Yes
  • Year Built: 1991
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 59058.0
  • Location Tax Legal:Tax Year2: 2011
  • 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
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 115
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • Exposure:West: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Wndw Trmnts Included, Pantry
  • Living Area: 5306.0
  • Window Features: Double Hung, Impact Glass-Full
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Cabana, Fence-Back Wall, Built-in Grill, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:Cabana: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Other Rooms:Garage Apartment: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 50434310040000650
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 59058.0
  • Tax Year: 2011

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
Total Days on Market
76
Current Estimated Value
$12,354,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,554,061
Avg. Annual Appreciation
5.55%

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
8.96%
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 Type Sale Price Title Company
Warranty Deed $6,800,000 Attorney
Interfamily Deed Transfer -- Attorney
Personal Reps Deed $3,980,725 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $1,550,000 --
Warranty Deed $1,350,000 --
Warranty Deed $975,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,778,750 Purchase Money Mortgage
Previous Owner $945,000 New Conventional
Previous Owner $780,000 No Value Available
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

    18 in this area

    61 Total Sales

    Liza Pulitzer
    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

    26 Total Sales

    Allison Wren
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-261

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 and is currently priced at $4,025,740, approximately $758 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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