Property detail

Location Address 1333 N LAKE WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-03-03-000-0151
Subdivision OCEAN TERRACE IN
Official Records Book/Page 28859 / 718
Sale Date 06/28/2016
Legal Description OCEAN TERRACE W 90 FT OF LT 15 & LT 16

Owner INFORMATION

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Owner(s) Mailing Address
DURST DOUGLAS & SUSANNE 2012 FMLY TRUST
DURST JONATHAN D TR
DURST ORGANIZATION C/O 1 BRYANT PARK FL 49
NEW YORK NY 10036 6739

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/28/2016 $10 28859 / 00718 QUIT CLAIM DURST DOUGLAS & SUSANNE 2012 FMLY TRUST
12/14/2015 $2,900,000 27990 / 00516 WARRANTY DEED DURST DOUGLAS & SUSANNE 2012 FAMILY TRUS
01/29/2014 $1,825,000 26587 / 01513 WARRANTY DEED 243 OCEAN TERRACE LLC
07/01/1998 $525,000 10515 / 01520 WARRANTY DEED ELDIN CHRISTOPHER &
10/01/1989 $418,000 06237 / 00079 WARRANTY DEED
01/01/1980 $318,000 03392 / 01741

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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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
SFB Semi Finished Base Area 336
BAS Base Area 1560
UOP Unfinished Open Porch 90
FUS Finished Upper Story 864
FOP Finished Open Porch 30
FOP Finished Open Porch 407
FGR Finished Garage 528
Total Square Footage 3815
Area Under Air 2760

Number of Units 1
Total Square Feet* 3815
Acres .56
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Bldg Type EXC-LUX.RES
Exterior Wall 1 WSF: PLYWD/STL/ALUM SHTH
Year Built 1956
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 4
Half Baths 0
Exterior Wall 2 MSY: CONC. BLOCK
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CARPETING
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 1956 124
Spa 1956 1
Wall 1999 534
Wall 2007 276
Pool - In-Ground 2016 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2594
2 SFR R-B 0.2996

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $1,346,931 $1,694,364 $2,311,045 $1,747,553 $1,869,353
Land Value $12,833,575 $13,538,044 $10,651,909 $8,087,435 $5,046,658
Total Market Value $14,180,506 $14,825,000 $12,962,954 $9,834,988 $6,916,011
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $1,346,931 $1,694,364 $2,311,045 $1,747,553 $1,869,353 $2,080,957 $1,887,789 $1,602,489 $1,425,529 $0
Land Value $12,833,575 $13,538,044 $10,651,909 $8,087,435 $5,046,658 $4,689,474 $4,263,159 $4,263,159 $4,200,591 $0
Total Market Value $14,180,506 $14,825,000 $12,962,954 $9,834,988 $6,916,011 $6,770,431 $6,150,948 $5,865,648 $5,626,120 $0

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 $10,070,579 $9,155,072 $8,322,793 $7,566,175 $6,878,341
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $10,070,579 $9,155,072 $8,322,793 $7,566,175 $6,878,341
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $10,070,579 $9,155,072 $8,322,793 $7,566,175 $6,878,341 $6,253,037 $5,684,579 $5,167,799 $4,697,999 $0
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $10,070,579 $9,155,072 $8,322,793 $7,566,175 $6,878,341 $6,253,037 $5,684,579 $5,167,799 $4,697,999 $0

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $175,718 $171,940 $154,908 $132,029 $111,861
NON AD VALOREM $1,703 $1,691 $1,549 $1,545 $1,685
TOTAL TAX $177,421 $173,631 $156,457 $133,574 $113,545
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $175,718 $171,940 $154,908 $132,029 $111,861 $106,764 $98,714 $88,806 $84,536 $0
NON AD VALOREM $1,703 $1,691 $1,549 $1,545 $1,685 $1,660 $1,660 $1,673 $1,639 $0
TOTAL TAX $177,421 $173,631 $156,457 $133,574 $113,545 $108,424 $100,373 $90,479 $86,175 $0

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.