| Location Address | 248 PARK AVE |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-15-08-000-0410 |
| Subdivision | BUNGALOW PARK ADD IN |
| Official Records Book/Page | 34233 / 1376 |
| Sale Date | 04/10/2023 |
| Legal Description | BUNGALOW PARK ADD LT 41 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
SOANE FAMILY TRUST & SOANE ALEXANDER V SOANE NICHOLAS V & |
141 ATLANTIC AVE
PALM BEACH FL 33480 3706 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 04/10/2023 | $3,200,000 | 34233 / 01376 | WARRANTY DEED | SOANE FAMILY TRUST & |
| 02/07/2022 | $3,200,000 | 33311 / 01418 | WARRANTY DEED | BANKS 248 PARK AVENUE LLC |
| 06/01/1994 | $100 | 08292 / 00888 | QUIT CLAIM | BEANE GILDA E & |
| 06/01/1985 | $100 | 04672 / 01857 | WARRANTY DEED | |
| 07/01/1984 | $80,000 | 04331 / 00216 | WARRANTY DEED |
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 |
|---|---|
| BAS Base Area | 1216 |
| UOP Unfinished Open Porch | 24 |
| SFB Semi Finished Base Area | 512 |
| FSP Finished Screened Porch | 196 |
| Total Square Footage | 1948 |
| Area Under Air | 1728 |
| Number of Units | 1 |
| Total Square Feet* | 1948 |
| Acres | .08 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-C—MEDIUM DENSITY RESIDENTIAL (50-PALM BEACH) |
Request Structural Details Change
*May indicate living area in residential properties.
Structural Element
for Building 1
| Bldg Type | EXC-RESIDENT |
| Exterior Wall 1 | WSF: STUCCO |
| Year Built | 1927 |
| Air Condition Desc. | NO HTG/AC |
| Heat Type | NONE |
| Heat Fuel | NONE |
| Bed Rooms | 4 |
| Full Baths | 2 |
| Half Baths | 0 |
| Exterior Wall 2 | NONE |
| Roof Structure | GABLE/HIP |
| Roof Cover | ASPHALT/COMPOSITION |
| Interior Wall 1 | PLASTER |
| Interior Wall 2 | N/A |
| Floor Type 1 | HARDWOOD |
| Floor Type 2 | N/A |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
|
No Extra Feature Available |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR | R-C | 0.0803 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $848,217 | $789,854 | $807,810 | $87,472 | $80,735 |
| Land Value | $2,233,206 | $2,200,000 | $2,200,000 | $1,612,500 | $1,150,000 |
| Total Market Value | $3,081,423 | $2,989,854 | $3,007,810 | $1,699,972 | $1,230,735 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $848,217 | $789,854 | $807,810 | $87,472 | $80,735 | $86,811 | $66,555 | $24,578 | $35,141 | $63,254 |
| Land Value | $2,233,206 | $2,200,000 | $2,200,000 | $1,612,500 | $1,150,000 | $900,000 | $864,000 | $949,047 | $747,281 | $711,696 |
| Total Market Value | $3,081,423 | $2,989,854 | $3,007,810 | $1,699,972 | $1,230,735 | $986,811 | $930,555 | $973,625 | $782,422 | $774,950 |
All values are as of January 1st each year
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $3,081,423 | $2,989,854 | $3,007,810 | $1,194,041 | $1,085,492 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $3,081,423 | $2,989,854 | $3,007,810 | $1,194,041 | $1,085,492 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $3,081,423 | $2,989,854 | $3,007,810 | $1,194,041 | $1,085,492 | $986,811 | $930,555 | $860,664 | $782,422 | $724,867 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $3,081,423 | $2,989,854 | $3,007,810 | $1,194,041 | $1,085,492 | $986,811 | $930,555 | $860,664 | $782,422 | $724,867 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $45,818 | $44,460 | $45,155 | $21,800 | $18,611 |
| NON AD VALOREM | $954 | $943 | $868 | $864 | $931 |
| TOTAL TAX | $46,771 | $45,403 | $46,023 | $22,664 | $19,542 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $45,818 | $44,460 | $45,155 | $21,800 | $18,611 | $16,276 | $15,612 | $14,769 | $13,033 | $12,822 |
| NON AD VALOREM | $954 | $943 | $868 | $864 | $931 | $916 | $917 | $924 | $905 | $170 |
| TOTAL TAX | $46,771 | $45,403 | $46,023 | $22,664 | $19,542 | $17,193 | $16,530 | $15,693 | $13,938 | $12,992 |
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.