NOT LISTED FOR SALE

742 N Lake Way Palm Beach, FL 33480

Estimated Value: $8,520,000 - $8,649,000

4 Beds
6 Baths
4,768 Sq Ft
$1,800/Sq Ft Est. Value

About This Home

This home is located at 742 N Lake Way, Palm Beach, FL 33480 and is currently estimated at $8,584,500, approximately $1,800 per square foot. 742 N Lake Way is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, Palm Beach Gardens Community High School, and Palm Beach Christian Academy - Lake Park.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
742 Slope Trail Llc
Bought by
Tozzi John R and The Tozzi Family Trust
Current Estimated Value
$8,584,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Outstanding Balance
$5,399,701
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,184,799

Purchase Details

Closed on
Mar 8, 2017
Sold by
Dorea Marcelo and Dorea Karen
Bought by
742 Slope Trail Llc

Purchase Details

Closed on
Dec 17, 2014
Sold by
Vecellio Christopher
Bought by
Dorea Marcelo and Dorea Karen

Purchase Details

Closed on
Jul 15, 2014
Sold by
Bilotti Margaret S
Bought by
Vecellio Christopher S and Vecellio Tara T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 2005
Sold by
742 Slope Trail Llc
Bought by
Vecellio Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 2004
Sold by
Cudahy Evelyn W
Bought by
742 Slope Trail Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2004
Sold by
Cudahy Evelyn W
Bought by
Cudahy Evelyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1997
Sold by
Evelyn W Cudahy
Bought by
Cudahy Evelyn W
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Tozzi John R $6,315,000 Attorney
742 Slope Trail Llc $4,970,143 First American Title Ins Co
Dorea Marcelo $4,725,000 Attorney
Vecellio Christopher S $11,500,000 Attorney
Vecellio Christopher $4,475,000 --
742 Slope Trail Llc $2,100,000 --
Cudahy Evelyn W -- --
Cudahy Evelyn W $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tozzi John R $3,500,000
Open Tozzi John R $6,000,000
Previous Owner Moens Lawrence A $400,000
Previous Owner Cudahy Evelyn W --
Previous Owner Dorea Marcelo $2,500,000
Previous Owner Vecellio Christopher S $11,000,000
Previous Owner Vecellio Christopher S $500,000
Previous Owner Vecellio Christopher $3,000,000
Previous Owner 742 Slope Trail Llc $958,000
Previous Owner 742 Slope Trail Llc $1,680,000
Previous Owner Cudahy Evelyn W $70,000
Closed 742 Slope Trail Llc $0
Source: Public Records

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 $224,835 $15,062,050 -- --
2023 $155,417 $7,494,110 $0 $0
2022 $130,501 $6,812,827 $0 $0
2021 $101,923 $6,193,479 $3,634,654 $2,558,825
2020 $106,607 $6,377,816 $3,580,788 $2,797,028
2019 $99,584 $5,828,217 $3,267,639 $2,560,578
2018 $114,747 $6,953,651 $4,576,415 $2,377,236
2017 $107,565 $6,413,836 $0 $0
2016 $107,536 $6,281,916 $0 $0
2015 $94,672 $5,275,028 $0 $0
2014 $55,892 $3,110,017 $0 $0
Source: Public Records

Map

Florida Palm Beach County Palm Beach 33403

742 N Lake Way, Palm Beach, FL

This home is located at 742 N Lake Way, Palm Beach, FL 33480 and is currently estimated at $8,584,500, approximately $1,800 per square foot. 742 N Lake Way is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, Palm Beach Gardens Community High School, and Palm Beach Christian Academy - Lake Park.

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.

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