| Field | Value |
|---|---|
| Location Address | 242 COLONIAL LN |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-03-11-000-0471 |
| Subdivision | EL ENCANTO PL 2 |
| Official Records Book/Page | 28404 / 1621 |
| Sale Date | 06/29/2016 |
| Legal Description | EL ENCANTO PLAT 2 W 75 FT OF E 90 FT OF LT 47 /LESS S 12 FT/ & 10 FT STRIP ADJ THERETO ON NORTH |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
LIEB JOSEPH |
242 COLONIAL LN
PALM BEACH FL 33480 3213 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 06/29/2016 | $2,152,585 | 28404 / 01621 | WARRANTY DEED | LIEB JOSEPH |
| 12/28/2011 | $950,000 | 24938 / 00505 | WARRANTY DEED | REYNOLDS ROCHELLE E |
| 03/17/2005 | $1,000,000 | 18318 / 01114 | WARRANTY DEED | REYNCO INC |
| 03/01/1994 | $295,000 | 08193 / 00874 | WARRANTY DEED | |
| 12/01/1988 | $270,000 | 05903 / 01138 | WARRANTY DEED | |
| 01/01/1977 | $135,000 | 02688 / 01482 | ||
| 01/01/1969 | $40,000 | 01754 / 00795 | 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.
- Save Our Homes (SOH) Base Year : 2017
- Exemption Year : 2027
| Applicant/Owner(s) | Year | Detail |
|---|---|---|
| LIEB JOSEPH | 2026 | HOMESTEAD |
| LIEB JOSEPH | 2026 | ADDITIONAL HOMESTEAD |
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FOP Finished Open Porch | 30 |
| BAS Base Area | 230 |
| FGR Finished Garage | 207 |
| FGR Finished Garage | 69 |
| BAS Base Area | 1654 |
| BAS Base Area | 100 |
| Total Square Footage | 2290 |
| Area Under Air | 1984 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 2290 |
| Acres | .14 |
| 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-RESIDENT |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 1945 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 4 |
| Full Baths | 3 |
| Half Baths | 0 |
| Exterior Wall 2 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | ASPHALT/COMPOSITION |
| Interior Wall 1 | PLASTER |
| Interior Wall 2 | N/A |
| Floor Type 1 | HARDWOOD |
| Floor Type 2 | N/A |
| Stories | 1 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Fountain | 2006 | 1 |
| Pool - In-Ground | 2006 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR | R-B | 0.1429 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $401,650 | $412,774 | $371,819 | $1,263,092 | $700,451 |
| Land Value | $3,255,675 | $3,414,525 | $3,461,100 | $2,712,544 | $2,172,525 |
| Total Market Value | $3,657,325 | $3,827,299 | $3,832,919 | $3,975,636 | $2,872,976 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $401,650 | $412,774 | $371,819 | $1,263,092 | $700,451 | $168,074 | $52,755 | $160,149 | $137,444 | $137,444 |
| Land Value | $3,255,675 | $3,414,525 | $3,461,100 | $2,712,544 | $2,172,525 | $1,363,275 | $1,266,788 | $1,151,625 | $1,151,625 | $1,209,840 |
| Total Market Value | $3,657,325 | $3,827,299 | $3,832,919 | $3,975,636 | $2,872,976 | $1,531,349 | $1,319,543 | $1,311,774 | $1,289,069 | $1,347,284 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $1,545,110 | $1,504,489 | $1,462,088 | $1,419,503 | $1,378,158 |
| Exemption Amount | $51,411 | $50,722 | $50,000 | $50,000 | $50,000 |
| Taxable Value | $1,493,699 | $1,453,767 | $1,412,088 | $1,369,503 | $1,328,158 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $1,545,110 | $1,504,489 | $1,462,088 | $1,419,503 | $1,378,158 | $1,338,017 | $1,319,543 | $1,311,774 | $1,289,069 | $1,347,284 |
| Exemption Amount | $51411 | $50722 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $1,493,699 | $1,453,767 | $1,412,088 | $1,369,503 | $1,328,158 | $1,288,017 | $1,269,543 | $1,261,774 | $1,239,069 | $1,297,284 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $22,307 | $21,779 | $21,156 | $20,721 | $20,743 |
| NON AD VALOREM | $966 | $954 | $943 | $868 | $864 |
| TOTAL TAX | $23,273 | $22,732 | $22,099 | $21,590 | $21,607 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $22,307 | $21,779 | $21,156 | $20,721 | $20,743 | $21,070 | $21,115 | $21,348 | $20,357 | $21,778 |
| NON AD VALOREM | $966 | $954 | $943 | $868 | $864 | $931 | $916 | $917 | $924 | $905 |
| TOTAL TAX | $23,273 | $22,732 | $22,099 | $21,590 | $21,607 | $22,001 | $22,031 | $22,266 | $21,281 | $22,683 |
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.