991 N Lake Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $9,214,000 - $17,036,007
5
Beds
8
Baths
6,290
Sq Ft
$2,026/Sq Ft
Est. Value
Highlights
- Private Pool
- Wood Flooring
- Central Heating and Cooling System
- Palm Beach Public School Rated A-
- Entrance Foyer
- 2 Car Garage
About This Home
As of April 2021Stunning completely reconstructed home on Eden Road and North Lake Way. Estimated completion before October 2021. Terrific ceiling heights, enormous room sizes, lake & yacht views from second floor, cabana bath, great location. Oversized lot and pool, wonderful home with lake trail and beach access.
Last Agent to Sell the Property
William Raveis Real Estate License #0535947 Listed on: 04/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $64,350
Year Built
- Built in 1945
Lot Details
- 0.33 Acre Lot
- Property is zoned R-B(ci
Parking
- 2 Car Garage
Interior Spaces
- 6,290 Sq Ft Home
- 2-Story Property
- Entrance Foyer
Kitchen
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Dual Sinks
Laundry
- Dryer
- Washer
Additional Features
- Private Pool
- Central Heating and Cooling System
Community Details
- Eden Properties Subdivision
Listing and Financial Details
- Assessor Parcel Number 50434303200000460
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2021
Closed on
Apr 30, 2021
Sold by
Furlo Christopher John and Furlo Christopher John
Bought by
Krasker Paul A and 991 N Lake Way Trust
Seller's Agent
Gregory Weadock
William Raveis Real Estate
Buyer's Agent
Allison Wren
The Corcoran Group
List Price
$12,725,000
Sold Price
$9,422,539
Premium/Discount to List
-$3,302,461
-25.95%
Total Days on Market
8
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
$3,319,797
Avg. Annual Appreciation
7.66%
Purchase Details
Closed on
Oct 27, 2020
Sold by
Furlo Christopher John and Furlo Louis J
Bought by
Furlo Christopher John and Christopher John Furlo Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,245,800
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2017
Closed on
Nov 30, 2017
Sold by
Alleman Jaon and Ferguson John J
Bought by
Furlo Christopher John and Furlo Louis J
Seller's Agent
Wally Turner
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Gregory Weadock
William Raveis Real Estate
List Price
$5,495,000
Sold Price
$4,650,000
Premium/Discount to List
-$845,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$4,185,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 4, 2017
Sold by
Alleman Joan
Bought by
Alleman Joan and Richardsson Peter K
Purchase Details
Closed on
Jun 1, 2000
Sold by
Alleman H Edward and Alleman Joan
Bought by
Alleman Joan
Purchase Details
Closed on
Sep 26, 1995
Sold by
O R E O Inc
Bought by
Alleman H Edward and Alleman Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
7.93%
Purchase Details
Closed on
May 24, 1994
Sold by
Walker Thomas Barclay and Walker Julie Fitzgerald
Bought by
O R E O Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Krasker Paul A | $9,422,539 | Attorney | |
| Furlo Christopher John | -- | Attorney | |
| Furlo Christopher John | $465,000 | Attorney | |
| Alleman Joan | -- | Attorney | |
| Alleman Joan | -- | Attorney | |
| Alleman Joan | -- | -- | |
| Alleman H Edward | $775,000 | -- | |
| O R E O Inc | $795,000 | -- | |
| O R E O Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 991 N Lake Way Trust | $5,000,000 | |
| Previous Owner | Furlo Christopher John | $6,245,800 | |
| Previous Owner | Furlo Christopher John | $2,200,000 | |
| Previous Owner | Furlo Christopher John | $4,185,000 | |
| Previous Owner | Alleman Joan | $1,054,000 | |
| Previous Owner | Alleman Joan | $1,000,000 | |
| Previous Owner | Alleman H Edward | $542,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | $9,422,539 | -26.0% | $1,498 / Sq Ft |
| 04/22/2021 04/22/21 | For Sale | $12,725,000 | +173.7% | $2,023 / Sq Ft |
| 12/01/2017 12/01/17 | Sold | $4,650,000 | 0.0% | $739 / Sq Ft |
| 12/01/2017 12/01/17 | Sold | $4,650,000 | -15.4% | $739 / Sq Ft |
| 11/01/2017 11/01/17 | Pending | -- | -- | -- |
| 10/20/2017 10/20/17 | Pending | -- | -- | -- |
| 03/20/2017 03/20/17 | For Sale | $5,495,000 | +18.2% | $874 / Sq Ft |
| 07/07/2016 07/07/16 | For Sale | $4,650,000 | -- | $739 / 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 | $183,836 | $11,143,754 | -- | -- |
| 2023 | $183,026 | $10,130,685 | $0 | $0 |
| 2022 | $143,797 | $9,209,714 | $0 | $0 |
| 2021 | $69,717 | $4,237,622 | $2,837,452 | $1,400,170 |
| 2020 | $64,350 | $3,830,854 | $2,636,627 | $1,194,227 |
| 2019 | $64,779 | $3,776,581 | $2,396,934 | $1,379,647 |
| 2018 | $64,082 | $3,860,089 | $2,396,934 | $1,463,155 |
| 2017 | $26,650 | $1,571,239 | $0 | $0 |
| 2016 | $25,948 | $1,538,922 | $0 | $0 |
| 2015 | $26,831 | $1,528,224 | $0 | $0 |
| 2014 | $26,959 | $1,516,095 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Weadock
G
Seller's Agent in 2021
Gregory Weadock
William Raveis Real Estate
(561) 309-3666
1 in this area
7 Total Sales
-
Allison Wren
A
Buyer's Agent in 2021
Allison Wren
The Corcoran Group
(561) 655-9081
4 in this area
26 Total Sales
-
Wally Turner
Seller's Agent in 2017
Wally Turner
Sotheby's Intl. Realty, Inc.
(561) 301-2060
1 in this area
9 Total Sales
Map
Source: BeachesMLS
MLS Number: R10711118
APN: 50-43-43-03-20-000-0460
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