Property detail

Location Address 7420 W LAKE DR
Municipality LAKE CLARKE SHORES
Parcel Control Number 34-43-44-08-06-007-0201
Subdivision FLA MANGO GROVELETS ADDN NO 1 AMND
Official Records Book/Page 34806 / 1967
Sale Date 01/30/2024
Legal Description FLA MANGO GROVELETS ADDN NO 1 AMND S 164.70 FT OF LT 20 LYG E OF & ADJ TO W LAKE DR BLK 7

Owner INFORMATION

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Owner(s) Mailing Address
WELCH TOBY S TRUST
7420 W LAKE DR
WEST PALM BEACH FL 33406 6724

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
01/30/2024 $10 34806 / 01967 DEED OF TRUST WELCH TOBY S TRUST
08/04/2023 $10 34483 / 01907 DEED OF TRUST WELCH TOBY S
03/06/2014 $10 26692 / 01410 QUIT CLAIM WELCH TOBY S
02/01/1984 $215,000 04151 / 01651 WARRANTY DEED WELCH PATRICK J &
06/01/1980 $183,400 03303 / 00827 WARRANTY DEED

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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  • Save Our Homes (SOH) Base Year : 1994
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
WELCH TOBY S 2025 HOMESTEAD
WELCH TOBY S 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FSP Finished Screened Porch 72
FGR Finished Garage 624
FUS Finished Upper Story 2010
FSP Finished Screened Porch 924
BAS Base Area 2292
FOP Finished Open Porch 48
FOP Finished Open Porch 84
Total Square Footage 6054
Area Under Air 4302

Number of Units 1
Total Square Feet* 6054
Acres .61
Property Use Code 0100—SINGLE FAMILY
Zoning SF—SINGLE FAMILY RESIDENTIAL (34-LAKE CLARKE SHORES)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Bldg Type SFR
Exterior Wall 1 WSF: WOOD SIDING
Year Built 1985
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 4
Half Baths 1
Roof Structure GABLE/HIP
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 DECORATIVE WALL CVR
Interior Wall 2 DRYWALL
Floor Type 1 HARDWOOD
Floor Type 2 CERAMIC/QUARRY TILE
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Deck 1985 84

Property Land Details

Land Line # Description Zoning Acres
1 SFR SF 0.6121

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $484,106 $629,664 $565,959 $429,540 $430,321
Land Value $1,163,118 $278,498 $262,678 $238,813 $156,938
Total Market Value $1,647,224 $908,162 $828,637 $668,353 $587,259
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $484,106 $629,664 $565,959 $429,540 $430,321 $436,135 $417,170 $459,079 $417,360 $459,079
Land Value $1,163,118 $278,498 $262,678 $238,813 $156,938 $84,000 $84,000 $84,252 $76,593 $69,630
Total Market Value $1,647,224 $908,162 $828,637 $668,353 $587,259 $520,135 $501,170 $543,331 $493,953 $528,709

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $395,606 $384,457 $373,259 $362,387 $351,832
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $344,884 $334,457 $323,259 $312,387 $301,832
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $395,606 $384,457 $373,259 $362,387 $351,832 $346,974 $339,173 $332,849 $326,003 $319,298
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $344,884 $334,457 $323,259 $312,387 $301,832 $296,974 $289,173 $282,849 $276,003 $269,298

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $7,840 $7,607 $7,441 $7,385 $7,310
NON AD VALOREM $256 $243 $238 $234 $228
TOTAL TAX $8,096 $7,849 $7,679 $7,618 $7,537
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $7,840 $7,607 $7,441 $7,385 $7,310 $7,249 $7,129 $6,808 $6,733 $6,710
NON AD VALOREM $256 $243 $238 $234 $228 $223 $225 $225 $220 $217
TOTAL TAX $8,096 $7,849 $7,679 $7,618 $7,537 $7,471 $7,354 $7,033 $6,953 $6,927

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.