| Field | Value |
|---|---|
| Location Address | 1141 N LAKE WAY |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-03-12-000-0540 |
| Subdivision | PALM BEACH SHORES REV PL IN |
| Official Records Book/Page | 23721 / 140 |
| Sale Date | 02/25/2010 |
| Legal Description | PALM BEACH SHORES-PALM BEACH LT 54 |
| Owner(s) | Mailing Address | Actions |
|---|---|---|
|
PURCELL MARINA S PURCELL THOMAS W JR & |
770 PARK AVE APT 14/15A
NEW YORK NY 10021 4153 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 02/25/2010 | $9,403,100 | 23721 / 00140 | WARRANTY DEED | PURCELL THOMAS W JR & |
| 05/15/2006 | $7,125,000 | 20350 / 00769 | WARRANTY DEED | 1141 NORTH LAKE WAY INC |
| 11/18/2003 | $1 | 16293 / 00577 | QUIT CLAIM | MATHEWS PHYLLIS D |
| 07/01/1993 | $100 | 07821 / 00477 | QUIT CLAIM |
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 |
|---|---|
| SFB Semi Finished Base Area | 40 |
| FGR Finished Garage | 441 |
| FGR Finished Garage | 441 |
| UOP Unfinished Open Porch | 48 |
| UOP Unfinished Open Porch | 390 |
| BAS Base Area | 3592 |
| FUS Finished Upper Story | 3012 |
| NVA No Value Area | 570 |
| FOP Finished Open Porch | 150 |
| FOP Finished Open Porch | 68 |
| FOP Finished Open Porch | 480 |
| Total Square Footage | 9232 |
| Area Under Air | 6644 |
| Field | Value |
|---|---|
| Total Number of Units Per Parcel | 1 |
| Total Square Feet* | 9232 |
| Acres | .51 |
| 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 | MSY: CB STUCCO |
| Year Built | 2008 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 6 |
| Full Baths | 7 |
| Half Baths | 1 |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | MOD. METAL |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | MARBLE |
| Floor Type 2 | HARDWOOD |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Reflection Pond | 2008 | 100 |
| Boat Dock | 2010 | 630 |
| Boat Lift | 2010 | 1 |
| Bbq | 2010 | 1 |
| Wall | 2008 | 1000 |
| Fountain | 2008 | 1 |
| Boat Lift | 2010 | 1 |
| Elevator | 2008 | 1 |
| Pool - In-Ground | 2008 | 1 |
| Pool - In-Ground | 2017 | 1 |
| Patio | 2010 | 780 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | INTRACOASTAL | R-B | 0.4796 |
| 2 | INTRACOASTAL WATERWAY STRIP | R-B | 0.0319 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Improvement Value | $8,870,290 | $6,821,122 | $5,949,004 | $10,603,490 | $9,885,657 |
| Land Value | $26,115,300 | $25,070,700 | $22,981,500 | $19,089,040 | $16,701,700 |
| Total Market Value | $34,985,590 | $31,891,822 | $28,930,504 | $29,692,530 | $26,587,357 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $8,870,290 | $6,821,122 | $5,949,004 | $10,603,490 | $9,885,657 | $5,188,512 | $5,453,524 | $5,977,864 | $4,574,320 | $4,469,521 |
| Land Value | $26,115,300 | $25,070,700 | $22,981,500 | $19,089,040 | $16,701,700 | $9,485,268 | $7,909,755 | $9,090,000 | $9,064,174 | $9,541,236 |
| Total Market Value | $34,985,590 | $31,891,822 | $28,930,504 | $29,692,530 | $26,587,357 | $14,673,780 | $13,363,279 | $15,067,864 | $13,638,494 | $14,010,757 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Assessed Value | $23,632,269 | $21,483,881 | $19,530,801 | $17,755,274 | $16,141,158 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $23,632,269 | $21,483,881 | $19,530,801 | $17,755,274 | $16,141,158 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $23,632,269 | $21,483,881 | $19,530,801 | $17,755,274 | $16,141,158 | $14,673,780 | $13,363,279 | $14,765,101 | $13,422,819 | $12,199,381 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $23,632,269 | $21,483,881 | $19,530,801 | $17,755,274 | $16,141,158 | $14,673,780 | $13,363,279 | $14,765,101 | $13,422,819 | $12,199,381 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| AD VALOREM | $421,679 | $385,232 | $349,781 | $343,632 | $318,208 |
| NON AD VALOREM | $217 | $205 | $194 | $188 | $184 |
| TOTAL TAX | $421,896 | $385,437 | $349,975 | $343,820 | $318,392 |
| Tax Year | 2026 P | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $421,679 | $385,232 | $349,781 | $343,632 | $318,208 | $238,084 | $220,413 | $249,889 | $220,169 | $215,464 |
| NON AD VALOREM | $217 | $205 | $194 | $188 | $184 | $178 | $173 | $175 | $175 | $172 |
| TOTAL TAX | $421,896 | $385,437 | $349,975 | $343,820 | $318,392 | $238,262 | $220,586 | $250,064 | $220,344 | $215,636 |
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.
