$9,422,539
SOLD APR 30, 2021
5 Beds
8 Baths
6,290 Sq Ft
0.33 Acres

Recently Sold

$1,498 Per Sq Ft

26% Below List Price

8 Days on Market

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 2021

Stunning 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

Gregory Weadock

William Raveis Real Estate License #0535947 Listed on: 04/22/2021

Last Buyer's Agent

Allison Wren

The Corcoran Group License #3199580

The Corcoran Group

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,350

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Coirner of N. Lake Way and Eden Road
  • Year Built: 1945
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Other, Wood
  • Living Area: 6290.0
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303200000460
  • Lot Size: 100.0 ft x 145.0 ft
  • Lot Size Sq Ft: 14396.0
  • Zoning Description: R-B(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 64350.0

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%
Current Estimated Value
$11,444,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,022,377
Avg. Annual Appreciation
6.26%

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
13.39%
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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $9,422,539 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $465,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Deed $775,000 --
Deed $795,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 Construction
Previous Owner $6,245,800 New Conventional
Previous Owner $2,200,000 Credit Line Revolving
Previous Owner $4,185,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,054,000 Credit Line Revolving
Previous Owner $1,000,000 Negative Amortization
Previous Owner $542,500 No Value Available
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

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 $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

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Map

Source: BeachesMLS

MLS Number: R10711118

BeachesMLS

APN: 50-43-43-03-20-000-0460