Property detail

Field Value
Location Address 232 CHERRY LN
Municipality PALM BEACH
Parcel Control Number 50-43-43-10-09-000-0040
Subdivision CHERRY LANE IN
Official Records Book/Page 36477 / 225
Sale Date 04/21/2026
Legal Description CHERRY LANE LT 4

Owner INFORMATION

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Owner(s) Mailing Address Actions
SCHMIDT CHRISTOPHER D &
SCHMIDT SUMALI M
6 CROWNVIEW LN
BERNARDSVILLE NJ 07924 1220

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/21/2026 $13,420,000 36477 / 00225 WARRANTY DEED SCHMIDT CHRISTOPHER D &
09/28/2020 $4,300,000 31830 / 00267 WARRANTY DEED FLYNN LEONA
03/02/2018 $1,950,000 29693 / 01121 WARRANTY DEED CHERRY LANE LLC
04/25/2014 $1,050,000 26824 / 00138 QUIT CLAIM LEADER CELESTE M &
02/05/2014 $700,100 26598 / 01322 CERT OF TITLE NATIONSTAR MRTG LLC
10/01/1984 $100 04388 / 01558 QUIT CLAIM DEAN LOUISA A

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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  • Save Our Homes (SOH) Base Year :
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
FLYNN LEONA 2026 HOMESTEAD
FLYNN LEONA 2026 ADDITIONAL HOMESTEAD
FLYNN LEONA 2026 QUALIFIED EXEMPTION

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FGR Finished Garage 462
FOP Finished Open Porch 240
BLC Balcony 33
BAS Base Area 2204
FUS Finished Upper Story 1549
Total Square Footage 4488
Area Under Air 3753

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 4488
Acres .23
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

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*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 2020
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 4
Half Baths
Roof Structure FLAT
Roof Cover BUILT-UP TAR/GRAVEL
Interior Wall 1 DRYWALL
Floor Type 1 HARDWOOD
Floor Type 2 N/A
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 2020 1
Wall 1952 1350

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2296

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $2,452,686 $2,634,518 $3,483,681 $2,950,993 $2,990,242
Land Value $5,492,500 $5,150,000 $5,400,000 $5,100,000 $3,850,000
Total Market Value $7,945,186 $7,784,518 $8,883,681 $8,050,993 $6,840,242
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $2,452,686 $2,634,518 $3,483,681 $2,950,993 $2,990,242 $2,124,768 $0 $0 $4,544 $5,164
Land Value $5,492,500 $5,150,000 $5,400,000 $5,100,000 $3,850,000 $2,230,000 $1,972,500 $1,800,000 $1,751,494 $1,903,798
Total Market Value $7,945,186 $7,784,518 $8,883,681 $8,050,993 $6,840,242 $4,354,768 $1,972,500 $1,800,000 $1,756,038 $1,908,962

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 P 2025 2024 2023 2022
Assessed Value $4,451,391 $4,334,363 $4,212,209 $4,089,523 $3,970,411
Exemption Amount $56,411 $55,722 $55,000 $55,000 $50,500
Taxable Value $4,394,980 $4,278,641 $4,157,209 $4,034,523 $3,919,911
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $4,451,391 $4,334,363 $4,212,209 $4,089,523 $3,970,411 $3,854,768 $1,972,500 $1,800,000 $1,756,038 $1,785,098
Exemption Amount $56411 $55722 $55000 $55000 $50500 $50500 $0 $0 $0 $0
Taxable Value $4,394,980 $4,278,641 $4,157,209 $4,034,523 $3,919,911 $3,804,268 $1,972,500 $1,800,000 $1,756,038 $1,785,098

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $65,313 $63,782 $61,977 $60,730 $60,902
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $66,279 $64,735 $62,920 $61,598 $61,767
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $65,313 $63,782 $61,977 $60,730 $60,902 $61,897 $32,534 $30,199 $28,618 $30,572
NON AD VALOREM $966 $954 $943 $868 $864 $931 $743 $742 $924 $905
TOTAL TAX $66,279 $64,735 $62,920 $61,598 $61,767 $62,828 $33,278 $30,942 $29,542 $31,478

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.