Property detail

Field Value
Location Address 675 N LAKE WAY
Municipality PALM BEACH
Parcel Control Number 50-43-43-10-09-000-0080
Subdivision CHERRY LANE IN
Official Records Book/Page 33522 / 111
Sale Date 04/28/2022
Legal Description CHERRY LANE LT 8

Owner INFORMATION

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Owner(s) Mailing Address Actions
GILBANE WILLIAM J III
GILBANE WILLIAM J III TR
WILLIAM J GILBANE III TR TITL HLDR
675 N LAKE WAY
PALM BEACH FL 33480 3428

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/28/2022 $10 33522 / 00111 WARRANTY DEED GILBANE WILLIAM J III
03/24/2021 $10 32390 / 00107 WARRANTY DEED GILBANE WILLIAM J III
08/24/2020 $1,972,000 31705 / 01400 DEED OF TRUST GILBANE WILLIAM JAMES III
10/24/2008 $10 22948 / 00551 WARRANTY DEED FURLAUD RICHARD M TRUST
12/06/2005 $10 19953 / 01369 WARRANTY DEED FURLAUD RICHARD M TR &
04/02/2001 $697,568 12459 / 01597 WARRANTY DEED FURLAUD RICHARD M &
12/23/1998 $259,000 10875 / 00745 WARRANTY DEED DILLARD RODNEY
06/01/1988 $267,000 05749 / 01552 WARRANTY DEED
06/01/1988 $100 05749 / 01551 QUIT CLAIM
12/01/1984 $100 04425 / 01639 QUIT CLAIM
10/01/1984 $225,000 04387 / 01614 WARRANTY DEED
01/01/1983 $180,000 03871 / 00779 WARRANTY DEED
01/01/1979 $155,000 03178 / 01417

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 : 2021
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
GILBANE WILLIAM J III 2026 HOMESTEAD
GILBANE WILLIAM J III 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FGR Finished Garage 546
BAS Base Area 1953
Total Square Footage 2499
Area Under Air 1953

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 2499
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-RESIDENT
Exterior Wall 1 MSY: CB STUCCO
Year Built 1953
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 CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 N/A
Stories 1

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Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 1988 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2295

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $224,683 $249,068 $350,257 $311,841 $6,529
Land Value $4,942,823 $4,634,537 $4,859,514 $4,589,541 $3,464,654
Total Market Value $5,167,506 $4,883,605 $5,209,771 $4,901,382 $3,471,183
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $224,683 $249,068 $350,257 $311,841 $6,529 $11,024 $1,718 $7,100 $4,392 $5,070
Land Value $4,942,823 $4,634,537 $4,859,514 $4,589,541 $3,464,654 $2,006,807 $1,775,072 $1,619,838 $1,751,320 $1,903,608
Total Market Value $5,167,506 $4,883,605 $5,209,771 $4,901,382 $3,471,183 $2,017,831 $1,776,790 $1,626,938 $1,755,712 $1,908,678

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 $2,330,142 $2,268,882 $2,204,939 $2,140,717 $2,078,366
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $2,278,731 $2,218,160 $2,154,939 $2,090,717 $2,028,366
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $2,330,142 $2,268,882 $2,204,939 $2,140,717 $2,078,366 $2,017,831 $1,776,790 $1,626,938 $1,654,480 $1,504,073
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $0 $0 $0 $0
Taxable Value $2,278,731 $2,218,160 $2,154,939 $2,090,717 $2,028,366 $1,967,831 $1,776,790 $1,626,938 $1,654,480 $1,504,073

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $33,944 $33,144 $32,203 $31,549 $31,593
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $34,910 $34,098 $33,145 $32,417 $32,457
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $33,944 $33,144 $32,203 $31,549 $31,593 $32,100 $29,306 $27,296 $27,628 $27,792
NON AD VALOREM $966 $954 $943 $868 $864 $931 $916 $917 $924 $905
TOTAL TAX $34,910 $34,098 $33,145 $32,417 $32,457 $33,031 $30,223 $28,213 $28,552 $28,697

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.