Property detail

Field Value
Location Address 502 S PALMWAY
Municipality LAKE WORTH BEACH
Parcel Control Number 38-43-44-27-01-004-0080
Subdivision LAKE WORTH TOWN OF ADD 1
Official Records Book/Page 35803 / 1934
Sale Date 06/04/2025
Legal Description ADD 1 TO TOWN OF LAKE WORTH LTS 8 & 9 BLK 4

Owner INFORMATION

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Owner(s) Mailing Address Actions
HENDERSON VICTORIA TRUST
502 S PALMWAY
LAKE WORTH BEACH FL 33460 4637

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/04/2025 $10 35803 / 01934 WARRANTY DEED HENDERSON VICTORIA TRUST
07/01/1997 $171,000 09902 / 01572 WARRANTY DEED
10/01/1990 $192,000 06623 / 00749 WARRANTY DEED
01/01/1971 $37,000 01929 / 01487

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 : 1998
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
HENDERSON VICTORIA A 2026 HOMESTEAD
HENDERSON VICTORIA A 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
SFB Semi Finished Base Area 306
BAS Base Area 2037
FUS Finished Upper Story 486
FOP Finished Open Porch 108
FOP Finished Open Porch 180
FGR Finished Garage 456
Total Square Footage 3573
Area Under Air 2829

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 3573
Acres .42
Property Use Code 0100—SINGLE FAMILY
Zoning SFR—SINGLE FAMILY RESIDENTIAL (38-LAKE WORTH BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type SFR
Exterior Wall 1 MSY: CB STUCCO
Year Built 1952
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 4
Half Baths 1
Exterior Wall 2 WSF: PLYWD/STL/ALUM SHTH
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 PLASTER
Interior Wall 2 N/A
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
Facing 1952 93
Pool - In-Ground 1952 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR SFR 0.4167

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $299,616 $289,713 $305,418 $263,629 $217,296
Land Value $426,600 $483,000 $358,500 $316,050 $216,750
Total Market Value $726,216 $772,713 $663,918 $579,679 $434,046
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $299,616 $289,713 $305,418 $263,629 $217,296 $282,812 $305,938 $278,385 $267,995 $261,068
Land Value $426,600 $483,000 $358,500 $316,050 $216,750 $264,000 $264,000 $236,312 $225,059 $225,059
Total Market Value $726,216 $772,713 $663,918 $579,679 $434,046 $546,812 $569,938 $514,697 $493,054 $486,127

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $292,324 $284,086 $275,812 $267,779 $259,980
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $241,602 $234,086 $225,812 $217,779 $209,980
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $292,324 $284,086 $275,812 $267,779 $259,980 $256,391 $250,627 $245,954 $240,895 $235,940
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $241,602 $234,086 $225,812 $217,779 $209,980 $206,391 $200,627 $195,954 $190,895 $185,940

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $5,384 $5,339 $5,191 $5,101 $5,084
NON AD VALOREM $597 $583 $525 $507 $501
TOTAL TAX $5,981 $5,922 $5,716 $5,608 $5,585
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $5,384 $5,339 $5,191 $5,101 $5,084 $5,038 $4,948 $4,721 $4,590 $4,431
NON AD VALOREM $597 $583 $525 $507 $501 $496 $487 $484 $493 $491
TOTAL TAX $5,981 $5,922 $5,716 $5,608 $5,585 $5,534 $5,435 $5,205 $5,083 $4,923

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.