745 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $7,464,000 - $9,987,209
5
Beds
4.5
Baths
3,802
Sq Ft
$2,245/Sq Ft
Est. Value
Highlights
- Heated Pool
- Marble Flooring
- 2 Car Attached Garage
- Palm Beach Public School Rated A-
- Formal Dining Room
- Eat-In Kitchen
About This Home
As of March 2022This elegantly designed 5 Bedroom, 4 1/2 Bathroom (including Powder Room) home boasts soaring ceilings,a first floor Master Suite, gourmet Kitchen with state of the art appliances, perfect for any chef, and custom cabinetry and closets throughout the home. A lovely landscaped Pool, 13 x 36, is reached by French doors from every room along the back of the home. The property features hurricane impact windows and doors. A two car air conditioned garage, also with hurricane impact door, and custom cabinetry, was pristinely updated for the car enthusiast. This home has a prime location, on one of Palm Beaches most coveted streets, within walking distance of the ocean, the Lake Trail, The Beach Club, and the Palm Beach Country Club. Furniture negotiable.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,832
Year Built
- Built in 1992
Lot Details
- Sprinkler System
- Property is zoned R-B - Lo
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Concrete Roof
Interior Spaces
- 3,802 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
- French Doors
- Entrance Foyer
- Family Room
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Heated Pool
- Patio
Utilities
- Forced Air Zoned Heating and Cooling System
- Electric Water Heater
- Water Softener is Owned
- Cable TV Available
Community Details
- Mark Rafalsky Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434310040000630
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2021
Closed on
Mar 15, 2022
Sold by
Valerie Shields
Bought by
Pb C-2022 Trust
Seller's Agent
Lori Stoll
Douglas Elliman
Buyer's Agent
Crista Ryan
Tina Fanjul Associates, Inc.
List Price
$10,499,000
Sold Price
$8,995,000
Premium/Discount to List
-$1,504,000
-14.33%
Total Days on Market
279
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$457,930
Avg. Annual Appreciation
-1.61%
Purchase Details
Listed on
Nov 4, 2016
Closed on
May 24, 2017
Sold by
Paddock View Farm Llc
Bought by
Sheilds Valerie
Seller's Agent
Anne Carmichael
Brown Harris Stevens of PB
Buyer's Agent
Lori Stoll
Douglas Elliman
List Price
$4,650,000
Sold Price
$3,650,000
Premium/Discount to List
-$1,000,000
-21.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.62%
Purchase Details
Listed on
Jul 13, 2012
Closed on
May 30, 2013
Sold by
Sorrel Elizabeth
Bought by
Paddock View Farm Llc
Seller's Agent
Rosalind Clarke
Premier Estate Properties, Inc
Buyer's Agent
Martin Conroy
Sailfish Point Realty, LLC
List Price
$2,999,000
Sold Price
$2,725,000
Premium/Discount to List
-$274,000
-9.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$2,000,000
Interest Rate
2.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 13, 2012
Closed on
May 20, 2013
Sold by
Martin Kenneth
Bought by
Sorrel Elizabeth
Seller's Agent
Rosalind Clarke
Premier Estate Properties, Inc
Buyer's Agent
Martin Conroy
Sailfish Point Realty, LLC
List Price
$2,999,000
Sold Price
$2,725,000
Premium/Discount to List
-$274,000
-9.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 21, 2005
Sold by
Ahdab Misbah and Ahdab Hind
Bought by
Sorrel Elizabeth
Purchase Details
Closed on
Mar 29, 2000
Sold by
Straus Brenda N
Bought by
Ahdab Misbah and Ahdab Hind
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 1993
Sold by
Rosenthal Agnes
Bought by
Straus Brenda Neubauer
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pb C-2022 Trust | $8,995,000 | Thomas L Harris Pa | |
| Sheilds Valerie | $3,650,000 | Attorney | |
| Paddock View Farm Llc | $2,725,000 | Attorney | |
| Sorrel Elizabeth | -- | Attorney | |
| Sorrel Elizabeth | $2,550,000 | -- | |
| Ahdab Misbah | $1,525,000 | -- | |
| Straus Brenda Neubauer | $810,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Paddock View Farm Llc | $2,000,000 | |
| Previous Owner | Ahdab Misbah | $1,000,000 | |
| Previous Owner | Ahdab Misbah | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2022 03/16/22 | Sold | $8,995,000 | -14.3% | $2,366 / Sq Ft |
| 02/14/2022 02/14/22 | Pending | -- | -- | -- |
| 05/10/2021 05/10/21 | For Sale | $10,499,000 | +187.6% | $2,761 / Sq Ft |
| 05/25/2017 05/25/17 | Sold | $3,650,000 | 0.0% | $953 / Sq Ft |
| 05/25/2017 05/25/17 | Sold | $3,650,000 | -21.5% | $953 / Sq Ft |
| 05/10/2017 05/10/17 | Pending | -- | -- | -- |
| 04/25/2017 04/25/17 | Pending | -- | -- | -- |
| 11/04/2016 11/04/16 | For Sale | $4,650,000 | +27.4% | $1,214 / Sq Ft |
| 10/14/2016 10/14/16 | For Sale | $3,650,000 | +33.9% | $953 / Sq Ft |
| 05/31/2013 05/31/13 | Sold | $2,725,000 | -9.1% | $665 / Sq Ft |
| 05/01/2013 05/01/13 | Pending | -- | -- | -- |
| 07/13/2012 07/13/12 | For Sale | $2,999,000 | -- | $731 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $113,364 | $7,610,388 | -- | -- |
| 2023 | $105,554 | $7,018,526 | $5,216,076 | $1,802,450 |
| 2022 | $52,129 | $3,391,852 | $0 | $0 |
| 2021 | $52,969 | $3,293,060 | $0 | $0 |
| 2020 | $53,832 | $3,247,594 | $0 | $0 |
| 2019 | $53,728 | $3,174,579 | $1,840,968 | $1,333,611 |
| 2018 | $51,464 | $3,101,152 | $1,963,317 | $1,137,835 |
| 2017 | $51,704 | $3,112,387 | $2,134,041 | $978,346 |
| 2016 | $47,758 | $2,733,475 | $0 | $0 |
| 2015 | $44,688 | $2,484,977 | $0 | $0 |
| 2014 | $42,417 | $2,327,898 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Stoll
L
Seller's Agent in 2022
Lori Stoll
Douglas Elliman
(561) 889-1962
1 in this area
5 Total Sales
-
Crista Ryan
C
Buyer's Agent in 2022
Crista Ryan
Tina Fanjul Associates, Inc.
(561) 313-1327
23 in this area
50 Total Sales
-
M
Seller's Agent in 2017
MYRA MORRISON
Brown Harris Stevens of Palm Beach 5225
-
Anne Carmichael
A
Seller's Agent in 2017
Anne Carmichael
Brown Harris Stevens of PB
(561) 308-2535
1 in this area
12 Total Sales
-
Rosalind Clarke
Seller's Agent in 2013
Rosalind Clarke
Premier Estate Properties, Inc
(561) 818-6351
3 in this area
39 Total Sales
-
Martin Conroy
Buyer's Agent in 2013
Martin Conroy
Sailfish Point Realty, LLC
(561) 523-6148
1 in this area
57 Total Sales
Map
Source: BeachesMLS
MLS Number: R10714838
APN: 50-43-43-10-04-000-0630
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