NOT LISTED FOR SALE

936 N Lake Way Palm Beach, FL 33480

North End Neighborhood

Estimated Value: $9,014,000 - $24,561,922

5 Beds
8.5 Baths
9,015 Sq Ft
$1,862/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $22,750,000 $2,524 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $118,925/month

99 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Private Pool
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Vaulted Ceiling
  • Den

About This Home

As of December 2020

Rarely available on the North End, beautiful, architecturally designed 7,000 +/- sf home boasts 118' on a high elevation with sweeping views of the Intracoastal. No expenses were spared on this spectacular, modern house designed by Mojo-Stumer Architects and built by Worth Builders. The house showcases a grand living room with double height ceilings, custom kitchen, first floor master suite, which includes his and her's bathrooms, closets and offices, and an outdoor area surrounded by lush landscaping and a pool, ideal for entertaining. The custom stone, steel, and wooden staircase floats above the foyer and takes you to the second floor with an additional 4 guest suites. Enjoy unobstructed views of the Intracoastal with full privacy from this very special home.

Last Listed By

Gary Pohrer

Serhant License #3068785 Listed on: 08/21/2020

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,011

Year Built

  • Built in 2000

Lot Details

  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned RB-50

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 9,015 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Casement Windows
  • Formal Dining Room
  • Den
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Seawall
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434310010000270

Community Details

Overview

  • Jamaica Lane In Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,011

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 936 N Lake Way
  • Year Built: 2000
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 9015.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 2
  • Window Features: Casement Window(s), Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Seawall
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal, Other

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434310010000270
  • Zoning Description: RB-50

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 117011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Dec 29, 2020
Sold by
Stern Barbara F
Bought by
Cline J Michael and J Michael Cline Revocable Trus
Seller's Agent
Gary Pohrer
Serhant
List Price
$27,000,000
Sold Price
$22,750,000
Premium/Discount to List
-$4,250,000
-15.74%
Total Days on Market
99
Current Estimated Value
$16,787,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,962,039
Avg. Annual Appreciation
-6.64%

Purchase Details

Closed on
May 4, 1998
Sold by
Smithers Adele C
Bought by
Stern Burton and Stern Barbara
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 Buyer Sale Price Title Company
Cline J Michael $20,675,000 Attorney
Stern Burton $3,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cline J Michael J $15,000,000
Previous Owner Stern Burton $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $22,750,000 -15.7% $2,524 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $27,000,000 -- $2,995 / Sq Ft
Source: BeachesMLS

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 $357,968 $24,098,829 -- --
2023 $350,847 $23,396,921 $0 $0
2022 $351,550 $22,715,457 $0 $0
2021 $247,686 $15,254,662 $10,729,982 $4,524,680
2020 $117,690 $7,164,273 $0 $0
2019 $117,476 $7,003,199 $0 $0
2018 $111,528 $6,872,619 $0 $0
2017 $111,630 $6,731,262 $0 $0
2016 $112,884 $6,592,813 $0 $0
2015 $116,751 $6,546,984 $0 $0
2014 $117,316 $6,495,024 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gary Pohrer

    Serhant

    (561) 262-0856

    41 in this area

    115 Total Sales

    Gary Pohrer
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10648738

BeachesMLS

APN: 50-43-43-10-01-000-0270

Florida Palm Beach County Palm Beach 33480 North End

936 N Lake Way, Palm Beach, FL

This home is located at 936 N Lake Way, Palm Beach, FL 33480 since 21 August 2020 and is currently estimated at $16,787,961, approximately $1,862 per square foot. This property was built in 2000. 936 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.

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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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