| Location Address | 1421 N LAKE WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-42-34-08-000-0420 |
| Subdivision | NORTH SHORE ADD TO P B IN |
| Official Records Book/Page | 33329 / 1357 |
| Sale Date | 02/15/2022 |
| Legal Description | NORTH SHORE ADD TO PALM BEACH LT 42 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
REEF ROAD LLC |
1200 SOLDIERS FIELD RD STE 102
ALLSTON MA 02134 1021 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 02/15/2022 | $7,885,000 | 33329 / 01357 | WARRANTY DEED | REEF ROAD LLC |
| 12/02/2020 | $10 | 32012 / 00856 | WARRANTY DEED | MORGAN TRUST |
| 05/01/1990 | $100 | 06516 / 00044 | WARRANTY DEED | MORGAN ELSBETH W |
| 02/01/1983 | $100 | 03890 / 01197 | 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.
No Exemption Information Available.
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| BAS Base Area | 1755 |
| FGR Finished Garage | 575 |
| FOP Finished Open Porch | 108 |
| Total Square Footage | 2438 |
| Area Under Air | 1755 |
| Number of Units | 2 |
| Total Square Feet* | 3186 |
| Acres | .31 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Bldg Type | EXC-RESIDENT |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 1950 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 3 |
| Full Baths | 2 |
| Half Baths | 0 |
| Exterior Wall 2 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | CONCRETE TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | HARDWOOD |
| Floor Type 2 | CERAMIC/QUARRY TILE |
| Stories | 1 |
Sketch
for Building 1
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2
| Code Description | square Footage |
|---|---|
| FOP Finished Open Porch | 115 |
| BAS Base Area | 633 |
| Total Square Footage | 748 |
| Area Under Air | 633 |
| Number of Units | 2 |
| Total Square Feet* | 3186 |
| Acres | .31 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 2
| Bldg Type | EXC-RESIDENT |
| Exterior Wall 1 | WSF: WOOD SIDING |
| Year Built | 1963 |
| Air Condition Desc. | NO HTG/AC |
| Heat Type | NONE |
| Heat Fuel | NONE |
| Bed Rooms | 0 |
| Full Baths | 1 |
| Half Baths | 0 |
| Exterior Wall 2 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | CLAY/BERMUDA TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | CARPETING |
| Floor Type 2 | N/A |
| Stories | 1 |
Sketch
for Building 2
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Pool - In-Ground | 2012 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR | R-B | 0.3075 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $199,479 | $192,500 | $459,004 | $10,929 | $7,219 |
| Land Value | $7,020,050 | $7,447,064 | $5,936,228 | $4,314,510 | $2,639,957 |
| Total Market Value | $7,219,529 | $7,500,000 | $6,395,232 | $4,325,439 | $2,647,176 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $199,479 | $192,500 | $459,004 | $10,929 | $7,219 | $2,615 | $7,873 | $7,061 | $7,061 | $7,806 |
| Land Value | $7,020,050 | $7,447,064 | $5,936,228 | $4,314,510 | $2,639,957 | $2,453,111 | $2,230,101 | $2,230,101 | $2,253,044 | $2,253,044 |
| Total Market Value | $7,219,529 | $7,500,000 | $6,395,232 | $4,325,439 | $2,647,176 | $2,455,726 | $2,237,974 | $2,237,162 | $2,260,105 | $2,260,850 |
All values are as of January 1st each year
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $7,219,529 | $7,034,755 | $6,395,232 | $2,911,894 | $2,647,176 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $7,219,529 | $7,034,755 | $6,395,232 | $2,911,894 | $2,647,176 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $7,219,529 | $7,034,755 | $6,395,232 | $2,911,894 | $2,647,176 | $2,455,726 | $2,237,974 | $2,144,168 | $1,949,244 | $1,772,040 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $7,219,529 | $7,034,755 | $6,395,232 | $2,911,894 | $2,647,176 | $2,455,726 | $2,237,974 | $2,144,168 | $1,949,244 | $1,772,040 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $107,347 | $107,547 | $96,009 | $54,335 | $42,951 |
| NON AD VALOREM | $1,408 | $1,386 | $1,283 | $1,275 | $1,360 |
| TOTAL TAX | $108,756 | $108,933 | $97,292 | $55,610 | $44,311 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $107,347 | $107,547 | $96,009 | $54,335 | $42,951 | $40,505 | $37,547 | $35,555 | $34,572 | $33,935 |
| NON AD VALOREM | $1,408 | $1,386 | $1,283 | $1,275 | $1,360 | $1,337 | $1,340 | $1,349 | $1,322 | $340 |
| TOTAL TAX | $108,756 | $108,933 | $97,292 | $55,610 | $44,311 | $41,842 | $38,887 | $36,903 | $35,894 | $34,275 |
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.
