Property detail

Field Value
Location Address 407 S PALMWAY
Municipality LAKE WORTH BEACH
Parcel Control Number 38-43-44-21-15-163-0080
Subdivision LAKE WORTH TOWN OF
Official Records Book/Page 36204 / 144
Sale Date 12/03/2025
Legal Description TOWN OF LAKE WORTH LT 8 BLK 163

Owner INFORMATION

+ -
Owner(s) Mailing Address Actions
ELLISON MICHAEL
330 W 38TH ST RM 1101
NEW YORK NY 10018 8708

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
12/03/2025 $635,000 36204 / 00144 WARRANTY DEED ELLISON MICHAEL
07/08/2022 $440,000 33695 / 00101 REP DEED PALMWAY PROJECTS LLC
09/08/2016 $241,000 28616 / 00295 WARRANTY DEED MORGAN JOHN WILLIAM
10/01/1997 $24,500 10079 / 01845 QUIT CLAIM VUOKKO MIKKO A
12/01/1991 $66,500 07067 / 01083 WARRANTY DEED
06/01/1985 $100 04647 / 01227 WARRANTY DEED
04/01/1984 $215,000 04209 / 00228 WARRANTY DEED
01/01/1978 $140,000 02811 / 01171

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

+ -

No Exemption Information Available.

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
SFB Semi Finished Base Area 180
FSP Finished Screened Porch 108
BAS Base Area 1114
Total Square Footage 1402
Area Under Air 1294

Field Value
Number of Units 1
Total Square Feet* 1402
Acres .16
Property Use Code 0100—SINGLE FAMILY
Zoning MF-20—LOW DENSITY MULTI-FAMILY (38-LAKE WORTH BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type SFR
Exterior Wall 1 WSF: VINYL/STL/ALUM
Year Built 1941
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel NONE
Bed Rooms 3
Full Baths 2
Half Baths 0
Roof Structure GABLE/HIP
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

No Extra Feature Available

Property Land Details

Land Line # Description Zoning Acres
1 MULTI-FAMILY MF-20 0.1550

Appraisals

+ -
Tax Year 2025 2024 2023 2022 2021
Improvement Value $123,989 $148,770 $163,513 $132,446 $116,455
Land Value $313,875 $317,250 $285,423 $242,500 $137,750
Total Market Value $437,864 $466,020 $448,936 $374,946 $254,205
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $123,989 $148,770 $163,513 $132,446 $116,455 $93,133 $94,444 $107,508 $108,981 $100,263
Land Value $313,875 $317,250 $285,423 $242,500 $137,750 $165,000 $165,000 $146,880 $108,800 $108,800
Total Market Value $437,864 $466,020 $448,936 $374,946 $254,205 $258,133 $259,444 $254,388 $217,781 $209,063

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2025 2024 2023 2022 2021
Assessed Value $437,864 $466,020 $448,936 $261,831 $254,205
Exemption Amount $0 $0 $0 $50,000 $50,000
Taxable Value $437,864 $466,020 $448,936 $211,831 $204,205
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $437,864 $466,020 $448,936 $261,831 $254,205 $258,133 $259,444 $239,559 $217,781 $150,354
Exemption Amount $0 $0 $0 $50000 $50000 $50000 $50000 $0 $0 $0
Taxable Value $437,864 $466,020 $448,936 $211,831 $204,205 $208,133 $209,444 $239,559 $217,781 $150,354

Taxes

+ -
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $9,463 $10,314 $10,000 $4,966 $4,948
NON AD VALOREM $597 $583 $525 $507 $501
TOTAL TAX $10,059 $10,897 $10,525 $5,474 $5,450
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $9,463 $10,314 $10,000 $4,966 $4,948 $5,079 $5,158 $5,668 $5,043 $3,855
NON AD VALOREM $597 $583 $525 $507 $501 $496 $487 $484 $493 $491
TOTAL TAX $10,059 $10,897 $10,525 $5,474 $5,450 $5,575 $5,645 $6,152 $5,536 $4,347

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.