Property detail

Field Value
Location Address 250 OCEAN TER
Municipality PALM BEACH
Parcel Control Number 50-43-43-03-03-000-0170
Subdivision OCEAN TERRACE IN
Official Records Book/Page 30594 / 1771
Sale Date 05/02/2019
Legal Description OCEAN TERRACE LT 17

Owner INFORMATION

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Owner(s) Mailing Address Actions
GALIHER CINDI
GALIHER JOHN &
15 FRIAR TUCK CIR
SUMMIT NJ 07901 3713

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
05/02/2019 $7,455,000 30594 / 01771 WARRANTY DEED GALIHER JOHN &
04/30/2019 $10 30578 / 00238 WARRANTY DEED 250 OCEAN TERRACE LLC
12/17/2015 $10 27993 / 01026 WARRANTY DEED DAVID G LAMBERT 2015 TRUST
06/30/2014 $2,000,000 26889 / 01883 WARRANTY DEED 250 OCEAN TERRACE LLC
05/28/2009 $10 23373 / 00455 QUIT CLAIM REGARD PIERRE G &
01/01/1980 $335,000 03386 / 01237
01/01/1979 $220,000 03055 / 01798

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
FGR Finished Garage 510
FOP Finished Open Porch 225
BAS Base Area 210
BAS Base Area 4253
Total Square Footage 5198
Area Under Air 4463

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 5198
Acres .32
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

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 2018
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 5
Half Baths 1
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Floor Type 1 TERAZZO MONOLITHIC
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 2018 1
Bbq 2018 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.3227

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $7,735,449 $5,919,253 $6,415,024 $8,543,200 $4,176,181
Land Value $6,592,230 $6,601,050 $7,033,622 $5,702,319 $4,642,200
Total Market Value $14,327,679 $12,520,303 $13,448,646 $14,245,519 $8,818,381
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $7,735,449 $5,919,253 $6,415,024 $8,543,200 $4,176,181 $3,465,067 $3,184,313 $2,141,768 $0 $0
Land Value $6,592,230 $6,601,050 $7,033,622 $5,702,319 $4,642,200 $2,770,438 $2,574,356 $2,340,324 $2,340,324 $2,329,418
Total Market Value $14,327,679 $12,520,303 $13,448,646 $14,245,519 $8,818,381 $6,235,505 $5,758,669 $4,482,092 $2,340,324 $2,329,418

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $10,042,344 $9,129,404 $8,299,458 $7,544,962 $6,859,056
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $10,042,344 $9,129,404 $8,299,458 $7,544,962 $6,859,056
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $10,042,344 $9,129,404 $8,299,458 $7,544,962 $6,859,056 $6,235,505 $5,758,669 $4,482,092 $2,340,324 $2,329,418
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $50000 $50000 $50000
Taxable Value $10,042,344 $9,129,404 $8,299,458 $7,544,962 $6,859,056 $6,235,505 $5,758,669 $4,432,092 $2,290,324 $2,279,418

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $175,800 $157,179 $155,928 $156,535 $119,055
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $176,017 $157,384 $156,122 $156,723 $119,239
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $175,800 $157,179 $155,928 $156,535 $119,055 $101,172 $94,983 $74,538 $37,490 $38,137
NON AD VALOREM $217 $205 $194 $188 $184 $178 $173 $175 $0 $0
TOTAL TAX $176,017 $157,384 $156,122 $156,723 $119,239 $101,350 $95,156 $74,713 $37,490 $38,137

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.