Property detail

Field Value
Location Address 1072 N LAKE WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-03-15-000-0040
Subdivision NEW SIEARS TR REPL IN
Official Records Book/Page 23523 / 259
Sale Date 10/26/2009
Legal Description REPLAT OF PT OF NEW SIEARS TR LT D /LESS E 5 FT ST R/W/

Owner INFORMATION

+ -
Owner(s) Mailing Address Actions
DREMAN DAVID
1072 N LAKE WAY
PALM BEACH FL 33480 3252

Sales INFORMATION

+ -
Sales Date Price OR Book/Page Sale Type Owner
10/26/2009 $10 23523 / 00259 QUIT CLAIM DREMAN DAVID
10/26/2009 $11,900,000 23523 / 00250 WARRANTY DEED DREMAN DAVID
10/20/2008 $10 22918 / 00051 QUIT CLAIM FORMAN SAM
02/27/2003 $2,850,000 14915 / 01054 QUIT CLAIM FORMAN SAM
05/01/1997 $100 09809 / 01783 DEED OF TRUST FORMAN SAM
05/01/1997 $2,450,000 09809 / 01779 REP DEED
02/01/1985 $1,000,000 04460 / 01459 WARRANTY DEED
01/01/1968 $98,000 01691 / 00000

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

+ -
  • Save Our Homes (SOH) Base Year : 2010
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
DREMAN DAVID 2026 HOMESTEAD
DREMAN DAVID 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

+ -

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
UOP Unfinished Open Porch 1007
FGR Finished Garage 528
FGR Finished Garage 564
UOP Unfinished Open Porch 45
UOP Unfinished Open Porch 45
BAS Base Area 5032
FUS Finished Upper Story 2133
NVA No Value Area 130
NVA No Value Area 195
FOP Finished Open Porch 64
FOP Finished Open Porch 64
Total Square Footage 9807
Area Under Air 7165

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 9807
Acres .65
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 1999
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms
Full Baths 6
Half Baths
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
Floor Type 2 N/A
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Boat Lift 2012 1
Pool - In-Ground 1999 1
Boat Dock 1994 1500

Property Land Details

Land Line # Description Zoning Acres
2 INTRACOASTAL WATERWAY STRIP R-B 0.0790
1 INTRACOASTAL R-B 0.5735

Appraisals

+ -
Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $3,590,461 $3,016,377 $2,630,249 $4,794,785 $4,521,814
Land Value $30,883,200 $29,977,500 $27,479,400 $21,113,095 $18,541,750
Total Market Value $34,473,661 $32,993,877 $30,109,649 $25,907,880 $23,063,564
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $3,590,461 $3,016,377 $2,630,249 $4,794,785 $4,521,814 $3,632,431 $3,957,303 $4,343,721 $3,170,499 $3,099,444
Land Value $30,883,200 $29,977,500 $27,479,400 $21,113,095 $18,541,750 $11,341,674 $10,089,810 $11,110,000 $10,707,056 $11,270,585
Total Market Value $34,473,661 $32,993,877 $30,109,649 $25,907,880 $23,063,564 $14,974,105 $14,047,113 $15,453,721 $13,877,555 $14,370,029

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

+ -
Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $10,233,339 $9,964,303 $9,683,482 $9,401,439 $9,127,611
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $10,181,928 $9,913,581 $9,633,482 $9,351,439 $9,077,611
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $10,233,339 $9,964,303 $9,683,482 $9,401,439 $9,127,611 $8,861,758 $8,739,406 $8,542,919 $8,383,630 $8,211,195
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $10,181,928 $9,913,581 $9,633,482 $9,351,439 $9,077,611 $8,811,758 $8,689,406 $8,492,919 $8,333,630 $8,161,195

Taxes

+ -
Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $151,093 $147,568 $143,412 $140,551 $140,821
NON AD VALOREM $1,965 $1,952 $1,941 $1,775 $1,771
TOTAL TAX $153,058 $149,520 $145,353 $142,326 $142,593
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $151,093 $147,568 $143,412 $140,551 $140,821 $143,144 $143,497 $142,668 $135,977 $136,109
NON AD VALOREM $1,965 $1,952 $1,941 $1,775 $1,771 $1,936 $1,908 $1,907 $1,923 $1,883
TOTAL TAX $153,058 $149,520 $145,353 $142,326 $142,593 $145,079 $145,405 $144,575 $137,900 $137,992

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.