Property detail

Location Address 1502 S LAKESIDE DR 112
Municipality LAKE WORTH BEACH
Parcel Control Number 38-43-44-34-15-001-1120
Subdivision PALM LAKE NO 1 COND
Official Records Book/Page 35737 / 226
Sale Date 03/25/2025
Legal Description PALM LAKE NO 1 COND UNIT 112-N

Owner INFORMATION

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Owner(s) Mailing Address
KESSEL COMMUNITY PROP TRUST
1306 S LAKESIDE DR
LAKE WORTH BEACH FL 33460 5604

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/25/2025 $10 35737 / 00226 QUIT CLAIM KESSEL COMMUNITY PROP TRUST
02/05/2025 $245,000 35592 / 00290 WARRANTY DEED KESSEL ROBERT K &
09/06/2016 $149,000 28561 / 00506 WARRANTY DEED MURDOCH SARAH D
04/05/2012 $85,000 25131 / 00761 WARRANTY DEED MENDELMAN DONALD
05/25/2000 $100 11811 / 00183 WARRANTY DEED TOBIN MARGARET
04/01/1991 $100 06833 / 00365 DEED OF TRUST
03/01/1989 $80,000 05998 / 01166 WARRANTY DEED
01/01/1976 $100 02504 / 01468 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 :
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
MURDOCH SARAH D 2025 HOMESTEAD
MURDOCH SARAH D 2025 ADDITIONAL HOMESTEAD
MURDOCH SARAH D 2025 SENIOR
MURDOCH SARAH D 2025 SENIOR

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 1141
FSP Finished Screened Porch 130
Total Square Footage 1271
Area Under Air 1141

Number of Units 1
Total Square Feet* 1160
Acres
Property Use Code 0400—CONDOMINIUM
Zoning SFR—SINGLE FAMILY RESIDENTIAL (38-LAKE WORTH BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name PALM LAKE 1 & 2 CONDO
Area 1160
Year Built 1973
No of Bedroom(s) 2
No of Bath(s) 2
No of Half Bath(s)
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Roof Structure PRESTRESSED CONCRETE
Roof Cover ROLLED COMPOSITION
Interior Wall 1 DRYWALL
Floor Type 1 CARPETING
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

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $215,000 $215,000 $235,000 $172,050 $135,000
Land Value $0 $0 $0 $0 $0
Total Market Value $215,000 $215,000 $235,000 $172,050 $135,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $215,000 $215,000 $235,000 $172,050 $135,000 $152,000 $125,000 $120,000 $105,000 $93,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $215,000 $215,000 $235,000 $172,050 $135,000 $152,000 $125,000 $120,000 $105,000 $93,000

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 $127,420 $123,829 $120,222 $116,720 $113,320
Exemption Amount $75,722 $75,000 $75,000 $75,000 $75,000
Taxable Value $51,698 $48,829 $45,222 $41,720 $38,320
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $127,420 $123,829 $120,222 $116,720 $113,320 $111,755 $109,242 $107,205 $105,000 $77,198
Exemption Amount $75722 $75000 $75000 $75000 $75000 $75000 $75000 $75000 $75000 $0
Taxable Value $51,698 $48,829 $45,222 $41,720 $38,320 $36,755 $34,242 $32,205 $30,000 $77,198

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $1,473 $1,432 $1,366 $1,310 $1,281
NON AD VALOREM $236 $224 $181 $178 $174
TOTAL TAX $1,709 $1,656 $1,547 $1,489 $1,455
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $1,473 $1,432 $1,366 $1,310 $1,281 $1,258 $1,214 $1,120 $1,078 $1,878
NON AD VALOREM $236 $224 $181 $178 $174 $173 $175 $174 $174 $173
TOTAL TAX $1,709 $1,656 $1,547 $1,489 $1,455 $1,432 $1,390 $1,293 $1,251 $2,051

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.