Property detail

Location Address 583 N LAKE WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-10-03-000-0121
Subdivision WOODS LANDING PLAT NO 2 IN
Official Records Book/Page 32644 / 434
Sale Date 06/28/2021
Legal Description WOODS LANDING PL 2 LTS 12, 13 & 23 (LESS PB30P65), W 25 FT OF LT 23B, N 1/2 OF RESVD B LYG W OF & ADJ TO PB30P65, PT OF LAKE MARIANNA LYG BET LTS 12, 13 & PB30P65

Owner INFORMATION

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Owner(s) Mailing Address
SALOMON DAVID R &
SALOMON KIMBERLEY B
107 CLAPBOARD RIDGE RD
GREENWICH CT 06830 3404

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
06/28/2021 $14,500,000 32644 / 00434 WARRANTY DEED SALOMON DAVID R &
04/13/2004 $5,250,000 16823 / 01984 WARRANTY DEED MINIKES CHERYL &
06/01/1992 $100 07324 / 01016 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.

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
FOP Finished Open Porch 126
BAS Base Area 5384
FOP Finished Open Porch 312
FOP Finished Open Porch 176
FOP Finished Open Porch 112
FOP Finished Open Porch 408
FGR Finished Garage 536
Total Square Footage 7054
Area Under Air 5384

Number of Units 1
Total Square Feet* 7054
Acres .52
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

Exterior Wall 1 MSY: CONC. BLOCK
Year Built 1993
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 GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CUSTOM
Floor Type 2 MARBLE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Wall 1993 892
Pool - In-Ground 2012 1
Spa 2012 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.5169

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $5,885,464 $7,413,587 $6,547,470 $4,936,894 $3,761,014
Land Value $10,355,400 $10,943,262 $10,605,915 $7,903,620 $6,418,512
Total Market Value $16,240,864 $18,356,849 $17,153,385 $12,840,514 $10,179,526
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $5,885,464 $7,413,587 $6,547,470 $4,936,894 $3,761,014 $3,983,210 $3,649,362 $3,422,315 $3,264,107 $2,440,369
Land Value $10,355,400 $10,943,262 $10,605,915 $7,903,620 $6,418,512 $7,977,086 $7,279,470 $6,964,997 $7,570,649 $7,009,860
Total Market Value $16,240,864 $18,356,849 $17,153,385 $12,840,514 $10,179,526 $11,960,296 $10,928,832 $10,387,312 $10,834,756 $9,450,229

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $16,240,864 $15,537,022 $14,124,565 $12,840,514 $4,727,586
Exemption Amount $0 $0 $0 $0 $50,000
Taxable Value $16,240,864 $15,537,022 $14,124,565 $12,840,514 $4,677,586
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $16,240,864 $15,537,022 $14,124,565 $12,840,514 $4,727,586 $4,662,314 $4,557,492 $4,472,514 $4,380,523 $4,290,424
Exemption Amount $0 $0 $0 $0 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $16,240,864 $15,537,022 $14,124,565 $12,840,514 $4,677,586 $4,612,314 $4,507,492 $4,422,514 $4,330,523 $4,240,424

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $241,515 $248,846 $231,604 $198,965 $76,066
NON AD VALOREM $1,705 $1,691 $1,549 $1,545 $1,685
TOTAL TAX $243,219 $250,538 $233,152 $200,510 $77,751
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $241,515 $248,846 $231,604 $198,965 $76,066 $76,250 $75,803 $72,238 $72,302 $73,112
NON AD VALOREM $1,705 $1,691 $1,549 $1,545 $1,685 $1,660 $1,660 $1,673 $1,639 $170
TOTAL TAX $243,219 $250,538 $233,152 $200,510 $77,751 $77,910 $77,463 $73,911 $73,941 $73,282

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.