NOT LISTED FOR SALE

Estimated Value: $43,270,808

7 Beds
9 Baths
21,078 Sq Ft
$2,053/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $55,150,000 $2,616 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $305,429/month

35 Days on Market

Highlights

  • 251 Feet of Waterfront
  • Dock has access to electricity
  • Wine Room
  • Palm Beach Public School Rated A-
  • Guest House
  • Home Theater

About This Home

As of December 2020

This home is located at 300 N Lake Way, Palm Beach, FL 33480 since 06 October 2020 and is currently priced at $43,270,808, approximately $2,052 per square foot. This property was built in 2002. 300 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.

Last Listed By

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 10/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $411,420

Year Built

  • Built in 2002

Lot Details

  • 1.58 Acre Lot
  • 251 Feet of Waterfront
  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Home has East and West Exposure
  • Back and Front Yard Fenced
  • Irregular Lot
  • Sprinkler System
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Home Design

  • Poured Concrete
  • Slate Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 21,078 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Casement Windows
  • Wine Room
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Parquet
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Bulkhead
  • Dock has access to electricity
  • Dock made with concrete
  • Balcony

Additional Homes

  • Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Stotesbury Park Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314060000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$411,420

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.58
  • Lot Size: 251
  • Subdivision Name: Stotesbury Park
  • Architectural Style: Two Story, Other Style
  • Garage Yn: Yes
  • Year Built: 2002
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 411419.83
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Living Area: 21078.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 251
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 68825
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Windows:Casement: Yes
  • Floors:Parquet: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Other Materials2: Yes
  • General Property Description:Waterfront Ftg: 251.0
  • Lot Size:Irregular Lot: Yes
  • Roof:Slate: Yes
  • Dock:Concrete: Yes
  • Waterfront:ICW-Across Bikepath: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Electric, Range-Gas, Oven-Single, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 6
  • Total Bedrooms: 7
  • Flooring: Hardwood, Marble, Parquet, Tile, W/W Carpeting, Other Flooring
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Elevator, Fireplace, Intercom, Sound System, Smoke Detectors, Storage, Wet Bar, Wine Rm/Temp-Control, Wndw Trmnts Included, Pantry
  • Living Area: 21078.0
  • Window Features: Casement, Impact Glass, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Interior Features:Intercom: Yes
  • Interior Features:Wine RmTemp-Control: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1 to 3 Acres, Irregular Lot
  • Pool Features: Pool, Fresh Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: ICW-Across Bikepath
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, Poured Concrete
  • Exterior Features: Balcony, Fence-Back Wall, Fence-Front Wall, Seawall/Bulkhead, Sprinkler System, Satellite Dish, Guesthouse/Cottage
  • Roof: Slate
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Pool/Spa: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Fence-Front Wall: Yes
  • Exterior Features:SeawallBulkhead2: Yes
  • Exterior Features:Satellite Dish: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Parking Features: 4 Car, Attached, Air Conditioned, Door Opener
  • Garage: Yes
  • Other Rooms:Garage Apartment: Yes
  • Garage:Air Conditioned: Yes
  • Garage:_four_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat, Other (See Remarks)
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 68825.0
  • Parcel #: 50434314060000010
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 411419.83
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 29, 2020
Sold by
Chopin L Frank and L Frank Chopin Under Trust
Bought by
Littman David and Littman Constance
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
CHRISTIAN ANGLE
Earl A. Hollis, Inc.
List Price
$55,150,000
Sold Price
$55,150,000
Total Days on Market
35
Current Estimated Value
$43,270,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,879,192
Avg. Annual Appreciation
-5.49%
Original Mortgage
$30,250,000
Outstanding Balance
$27,231,754
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$16,039,054

Purchase Details

Closed on
Oct 9, 1998
Sold by
Roshan Mas and Roshan Massoumi
Bought by
Chopin L Frank

Range of Values:

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List Price
Sold Price
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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
Littman David $55,150,000 Attorney
Chopin L Frank $5,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Littman David $30,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $55,150,000 0.0% $2,616 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $55,150,000 -- $2,616 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $767,006 $51,458,424 -- --
2023 $751,625 $49,959,635 $0 $0
2022 $753,152 $48,504,500 $0 $0
2021 $669,843 $41,138,611 $29,101,890 $12,036,721
2020 $413,770 $24,984,459 $0 $0
2019 $413,050 $24,422,736 $0 $0
2018 $392,293 $23,967,356 $0 $0
2017 $392,644 $23,474,394 $0 $0
2016 $395,114 $22,991,571 $0 $0
2015 $408,663 $22,831,749 $0 $0
2014 $410,647 $22,650,545 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-1695

APN: 50-43-43-14-06-000-0010