| Field | Value |
|---|---|
| Location Address | 1197 N LAKE WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-03-09-000-0020 |
| Subdivision | MOCKINGBIRD TRAIL TRACT |
| Official Records Book/Page | 30971 / 1814 |
| Sale Date | 10/17/2019 |
| Legal Description | MOCKING BIRD TRAIL TRACT LTS 2 & 6 & LTS 3 & 7 (LESS S 115 FT) |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
1197 N LAKE WAY LAND TRUST HANLON M TIMOTHY TR |
ALLEY MAASS ROGERS & LINDSAY PA C/O 340 ROYAL POINCIANA WAY STE 321
PALM BEACH FL 33480 4054 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 10/17/2019 | $10 | 30971 / 01814 | QUIT CLAIM | 1197 N LAKE WAY LAND TRUST |
| 10/17/2019 | $17,100,000 | 30971 / 01811 | WARRANTY DEED | 1197 N LAKE WAY LAND TRUST |
| 09/01/1997 | $3,500,000 | 09964 / 00706 | WARRANTY DEED | MERCK GEORGE F & |
| 01/01/1976 | $340,000 | 02548 / 00606 | ||
| 01/01/1974 | $285,000 | 02220 / 01222 | WARRANTY DEED | |
| 01/01/1969 | $250,000 | 01769 / 01364 | 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 |
|---|---|
| NVA No Value Area | 36 |
| NVA No Value Area | 8 |
| NVA No Value Area | 32 |
| NVA No Value Area | 36 |
| NVA No Value Area | 28 |
| NVA No Value Area | 196 |
| FUS Finished Upper Story | 4434 |
| FUS Finished Upper Story | 120 |
| UOP Unfinished Open Porch | 48 |
| UOP Unfinished Open Porch | 360 |
| BAS Base Area | 5324 |
| FGR Finished Garage | 714 |
| NVA No Value Area | 48 |
| NVA No Value Area | 8 |
| NVA No Value Area | 18 |
| NVA No Value Area | 858 |
| NVA No Value Area | 88 |
| NVA No Value Area | 24 |
| NVA No Value Area | 28 |
| NVA No Value Area | 18 |
| NVA No Value Area | 61 |
| NVA No Value Area | 16 |
| NVA No Value Area | 40 |
| FOP Finished Open Porch | 112 |
| FOP Finished Open Porch | 360 |
| FOP Finished Open Porch | 585 |
| FOP Finished Open Porch | 240 |
| FOP Finished Open Porch | 470 |
| Total Square Footage | 14310 |
| Area Under Air | 9878 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 14310 |
| Acres | .83 |
| 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
| Field | Value |
|---|---|
| Bldg Type | EXC-LUX.RES |
| Exterior Wall 1 | WSF: WOOD SIDING |
| Year Built | 2002 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 5 |
| Full Baths | 7 |
| Half Baths | 3 |
| Roof Structure | WOOD TRUSS |
| Roof Cover | WOOD SHAKES |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | HARDWOOD |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Pool - In-Ground | 2002 | 1 |
| Boat Dock | 2002 | 775 |
| Boat Lift | 2008 | 1 |
| Bbq | 2002 | 1 |
| Boat Lift | 2002 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 2 | INTRACOASTAL WATERWAY STRIP | R-B | 0.1221 |
| 1 | INTRACOASTAL | R-B | 0.7035 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $4,191,013 | $3,106,851 | $2,746,897 | $5,015,169 | $4,742,284 |
| Land Value | $35,979,000 | $36,771,900 | $33,707,600 | $23,915,785 | $21,089,650 |
| Total Market Value | $40,170,013 | $39,878,751 | $36,454,497 | $28,930,954 | $25,831,934 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $4,191,013 | $3,106,851 | $2,746,897 | $5,015,169 | $4,742,284 | $4,095,160 | $4,464,888 | $4,901,674 | $6,247,836 | $6,109,304 |
| Land Value | $35,979,000 | $36,771,900 | $33,707,600 | $23,915,785 | $21,089,650 | $13,912,222 | $11,418,930 | $12,120,000 | $12,441,995 | $13,096,837 |
| Total Market Value | $40,170,013 | $39,878,751 | $36,454,497 | $28,930,954 | $25,831,934 | $18,007,382 | $15,883,818 | $17,021,674 | $18,689,831 | $19,206,141 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $28,139,153 | $25,581,048 | $23,255,498 | $21,141,362 | $19,219,420 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $28,139,153 | $25,581,048 | $23,255,498 | $21,141,362 | $19,219,420 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $28,139,153 | $25,581,048 | $23,255,498 | $21,141,362 | $19,219,420 | $17,472,200 | $15,883,818 | $11,476,530 | $11,262,542 | $11,030,893 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50000 | $50000 | $50000 |
| Taxable Value | $28,139,153 | $25,581,048 | $23,255,498 | $21,141,362 | $19,219,420 | $17,472,200 | $15,883,818 | $11,426,530 | $11,212,542 | $10,980,893 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $492,745 | $470,740 | $429,157 | $367,684 | $340,914 |
| NON AD VALOREM | $2,464 | $2,451 | $2,440 | $2,229 | $2,225 |
| TOTAL TAX | $495,209 | $473,192 | $431,597 | $369,913 | $343,139 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $492,745 | $470,740 | $429,157 | $367,684 | $340,914 | $287,168 | $261,986 | $191,887 | $182,895 | $183,076 |
| NON AD VALOREM | $2,464 | $2,451 | $2,440 | $2,229 | $2,225 | $2,438 | $2,403 | $2,402 | $2,422 | $2,372 |
| TOTAL TAX | $495,209 | $473,192 | $431,597 | $369,913 | $343,139 | $289,606 | $264,389 | $194,289 | $185,317 | $185,448 |
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.