975 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $8,911,000 - $11,611,987
5
Beds
5
Baths
3,944
Sq Ft
$2,530/Sq Ft
Est. Value
About This Home
This home is located at 975 N Lake Way, Palm Beach, FL 33480 and is currently estimated at $9,977,996, approximately $2,529 per square foot. 975 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2000
Sold by
Sanderson Owen M and Sanderson Freda L
Bought by
Alfeld Stanley and Alfeld Marilyh
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$566,899
Interest Rate
8.24%
Mortgage Type
New Conventional
Estimated Equity
$9,447,201
Purchase Details
Closed on
Nov 17, 1995
Sold by
Hanson John L and Hanson Patricia Lee
Bought by
Sanderson Owen M and Sanderson Freda L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.54%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Alfeld Stanley | $2,325,000 | -- | |
Sanderson Owen M | $1,285,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Alfeld Stanley | $1,000,000 | |
Closed | Sanderson Owen M | $603,330 | |
Closed | Sanderson Owen M | $400,000 | |
Open | Sanderson Owen M | $1,500,000 | |
Previous Owner | Sanderson Owen M | $540,000 |
Source: Public Records
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 | $40,446 | $2,751,204 | -- | -- |
2023 | $39,623 | $2,671,072 | $0 | $0 |
2022 | $39,748 | $2,593,274 | $0 | $0 |
2021 | $40,381 | $2,517,742 | $0 | $0 |
2020 | $40,469 | $2,482,980 | $0 | $0 |
2019 | $40,387 | $2,427,155 | $0 | $0 |
2018 | $38,334 | $2,381,899 | $0 | $0 |
2017 | $38,359 | $2,332,908 | $0 | $0 |
2016 | $38,779 | $2,284,925 | $0 | $0 |
2015 | $40,103 | $2,269,042 | $0 | $0 |
2014 | $40,296 | $2,251,034 | $0 | $0 |
Source: Public Records
Map
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