Property detail

Field Value
Location Address 206 PHIPPS PLZ
Municipality PALM BEACH
Parcel Control Number 50-43-43-22-10-000-0012
Subdivision PHIPPS PLAZA IN
Official Records Book/Page 30226 / 1332
Sale Date 10/31/2018
Legal Description PL OF PHIPPS PLAZA W 3.8 FT OF LT A, LTS B, C, D & LT E (LESS W 10 FT, N 30.33 FT OF W 92.88 FT OF E 96 FT & SLY 56.07 FT OF W 89.48 FT OF E 96 FT AS IN OR6306P1355 & OR7453P1102)

Owner INFORMATION

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Owner(s) Mailing Address Actions
206 PHIPPS PLAZA LLC
222 LAKEVIEW AVE PH 5
WEST PALM BEACH FL 33401 6151

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
10/31/2018 $4,220,000 30226 / 01332 WARRANTY DEED 206 PHIPPS PLAZA LLC
02/22/2007 $0 21440 / 01080 LIFE ESTATE VOLK JOHN K
02/22/2007 $10 21440 / 01077 DEED OF TRUST VOLK JOHN K
12/01/1996 $100 09564 / 00852 WARRANTY DEED
01/01/1996 $100 09212 / 00842 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.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 4

Code Description square Footage
FUS Finished Upper Story 4435
NVA No Value Area 50
FST Finished Storage 330
FST Finished Storage 60
FOP Finished Open Porch 395
FOP Finished Open Porch 405
FOP Finished Open Porch 720
FGR Finished Garage 820
FCP Finished Carport 180
BLC Balcony 656
BLC Balcony 90
BAS Base Area 2447
BLC Balcony 64
Total Square Footage 10652
Area Under Air 6882

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 10652
Acres .27
Property Use Code 0101—SINGLE FAMILY-COMM ZONING
Zoning R-C—MEDIUM DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 4

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 1926
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 7
Full Baths 9
Half Baths 1
Roof Structure FLAT
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 DRYWALL
Interior Wall 2 DECORATIVE WALL CVR
Floor Type 1 HARDWOOD
Stories 2

Print Building 4 Details

 

Sketch
for Building 4

Property Extra Features

Description Year Built Units
Wall 1926 350
Pool - In-Ground 1926 1
Bbq 2025 1

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL R-C 0.2702

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $1,770,874 $1,683,588 $2,929,696 $3,065,294 $1,759,502
Land Value $9,888,480 $9,417,600 $9,497,198 $8,222,640 $6,121,440
Total Market Value $11,659,354 $11,101,188 $12,426,894 $11,287,934 $7,880,942
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $1,770,874 $1,683,588 $2,929,696 $3,065,294 $1,759,502 $1,662,784 $1,539,175 $513,520 $519,218 $513,847
Land Value $9,888,480 $9,417,600 $9,497,198 $8,222,640 $6,121,440 $2,352,000 $2,128,000 $977,778 $967,002 $956,739
Total Market Value $11,659,354 $11,101,188 $12,426,894 $11,287,934 $7,880,942 $4,014,784 $3,667,175 $1,491,298 $1,486,220 $1,470,586

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $6,465,850 $5,878,045 $5,343,677 $4,857,888 $4,416,262
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $6,465,850 $5,878,045 $5,343,677 $4,857,888 $4,416,262
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $6,465,850 $5,878,045 $5,343,677 $4,857,888 $4,416,262 $4,014,784 $3,667,175 $1,418,361 $1,390,800 $1,353,285
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $50000 $50000 $50000
Taxable Value $6,465,850 $5,878,045 $5,343,677 $4,857,888 $4,416,262 $4,014,784 $3,667,175 $1,368,361 $1,340,800 $1,303,285

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $128,969 $120,388 $125,959 $117,191 $95,474
NON AD VALOREM $900 $1,640 $1,561 $1,533 $1,552
TOTAL TAX $129,869 $122,028 $127,520 $118,724 $97,026
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $128,969 $120,388 $125,959 $117,191 $95,474 $66,219 $61,526 $22,464 $22,503 $22,593
NON AD VALOREM $900 $1,640 $1,561 $1,533 $1,552 $1,529 $1,561 $1,559 $1,559 $1,143
TOTAL TAX $129,869 $122,028 $127,520 $118,724 $97,026 $67,749 $63,086 $24,024 $24,062 $23,736

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.