$11,650,000 1098 N Lake Way, Palm Beach, FL 33480

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1098 N Lake Way Palm Beach, FL 33480


  • 5 bed,
  • 11 full, 1 partial bath,
  • 7,616 sqft
  • Single-Family Home
Sold

$11,650,000

sold on
07/01/2014

Property Details for 1098 N Lake Way


Description provided by Trulia
1098 N Lake Way This Single-Family Home located at 1098 North Lake Way, Palm Beach FL sold for $11,650,000on Jul 1, 2014. 1098 N Lake Way has 5 beds, 11 ½ baths, and approximately 7,616 square feet. The property has a lot size of 0.59 acres and was built in 1984. The average listing price for similar homes for sale is $8,559,167 and the average sales price for similar recently sold homes is $9,047,143. 1098 N Lake Way is in the 33480 ZIP code in Palm Beach, FL. The average price per square foot for homes for sale in 33480 is $496.

Public Records for 1098 N Lake Way


Official property, sales, and tax information from county (public) records as of 11/2013:
    • Single Family Residential
    • 1 Partial Bathroom
    • Built In 1984
    • Heating: Forced air unit
    • Exterior Walls: Stucco
    • Fireplace
    • County: Palm Beach
    • 5 Bedrooms
    • 7,616 sqft
    • Stories: 2 story
    • Parking: Garage
    • Roof: Tile
    • Pool: Pool (yes)
    • Tax Rate Code Area: 50411
    • 11 Bathrooms
    • Lot Size: 0.59 acres
    • A/C
    • Parking Spaces: 5
    • Construction: Masonry
    • Subdivision: GREGORY ADD & REPL PB16P71 & PB18P10

Property Taxes and Assessment for 1098 N Lake Way


Land
Improvement
Total
$5,579,670
+
$2,346,626
=
$7,926,296
Year Tax Assessment Market
2014 $115,775 N/A N/A
2013 N/A $6,315,372  $7,926,296 
Source: Public Records

Price History for 1098 N Lake Way


Date Event Price Source Agents
07/01/2014 Sold view detail $11,650,000 Public records Public records  
  • Recording Date
    07/01/2014
  • Contract Date
    06/25/2014
  • Sale Price
    $11,650,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • Total Transfer Tax
    $81,550
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed

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Real Estate Trends in 33480


Sale price for 1098 N Lake Way $11,650,000  
Average listing price for similar homes $8,559,167 27% below sale price
Average sale price for similar homes $9,047,143 22% below sale price
Average listing price for all homes in 33480 $2,471,915 371% below sale price
Median sale price for all homes in 33480 $370,000 97% below sale price

Comparables and Estimates around 1098 N Lake Way


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm

Contact Info

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