| Location Address | 437 CHILEAN AVE |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-23-05-005-0100 |
| Subdivision | ROYAL PARK ADD TO P B IN |
| Official Records Book/Page | 27388 / 521 |
| Sale Date | 03/02/2015 |
| Legal Description | ROYAL PARK ADD LTS 10 THRU 12 & W 5 FT OF LT 13 BLK 5 |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
WRAY CERASOLI ASSOCIATES LLP |
18 STEARNS POINT RD PO BOX 255
SHELTER ISLAND HEIGH NY 11965 0255 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 03/02/2015 | $6,300,000 | 27388 / 00521 | WARRANTY DEED | WRAY CERASOLI ASSOCIATES LLP |
| 04/20/2011 | $3,200,000 | 24504 / 01423 | WARRANTY DEED | KOSOY BRIAN D & |
| 07/25/2002 | $3,200,000 | 13965 / 01432 | WARRANTY DEED | SMITH MATTHEW K & |
| 11/23/1999 | $935,000 | 11482 / 00591 | WARRANTY DEED | REDPATH INVESTMENT CORP |
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 | 2689 |
| UOP Unfinished Open Porch | 60 |
| FUS Finished Upper Story | 1836 |
| FGR Finished Garage | 665 |
| Total Square Footage | 5250 |
| Area Under Air | 4525 |
| Number of Units | 1 |
| Total Square Feet* | 5250 |
| Acres | .23 |
| 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-LUX.RES |
| Exterior Wall 1 | MSY: CB STUCCO |
| Year Built | 2002 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 5 |
| Full Baths | 6 |
| Half Baths | 1 |
| Exterior Wall 2 | NONE |
| Roof Structure | WOOD TRUSS |
| Roof Cover | CLAY/BERMUDA TILE |
| Interior Wall 1 | DRYWALL |
| Interior Wall 2 | N/A |
| Floor Type 1 | HARDWOOD |
| Floor Type 2 | CUSTOM |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Pool - In-Ground | 2001 | 1 |
| Elevator | 2001 | 1 |
| Bbq | 2006 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR | R-C | 0.2296 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $11,690,689 | $12,877,403 | $11,421,780 | $8,782,736 | $3,456,663 |
| Land Value | $7,750,000 | $6,500,000 | $5,460,000 | $4,493,050 | $3,300,000 |
| Total Market Value | $19,440,689 | $19,377,403 | $16,881,780 | $13,275,786 | $6,756,663 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $11,690,689 | $12,877,403 | $11,421,780 | $8,782,736 | $3,456,663 | $4,575,227 | $4,041,994 | $3,635,593 | $2,946,020 | $2,734,820 |
| Land Value | $7,750,000 | $6,500,000 | $5,460,000 | $4,493,050 | $3,300,000 | $3,150,000 | $2,850,000 | $2,916,606 | $2,651,460 | $2,574,233 |
| Total Market Value | $19,440,689 | $19,377,403 | $16,881,780 | $13,275,786 | $6,756,663 | $7,725,227 | $6,891,994 | $6,552,199 | $5,597,480 | $5,309,053 |
All values are as of January 1st each year
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $9,892,430 | $8,993,118 | $8,175,562 | $7,432,329 | $6,756,663 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $9,892,430 | $8,993,118 | $8,175,562 | $7,432,329 | $6,756,663 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $9,892,430 | $8,993,118 | $8,175,562 | $7,432,329 | $6,756,663 | $7,450,246 | $6,772,951 | $6,157,228 | $5,597,480 | $5,309,053 |
| Exemption Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $9,892,430 | $8,993,118 | $8,175,562 | $7,432,329 | $6,756,663 | $7,450,246 | $6,772,951 | $6,157,228 | $5,597,480 | $5,309,053 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $207,445 | $199,298 | $178,952 | $153,258 | $109,628 |
| NON AD VALOREM | $954 | $943 | $868 | $864 | $931 |
| TOTAL TAX | $208,399 | $200,240 | $179,821 | $154,122 | $110,559 |
| Tax Year | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $207,445 | $199,298 | $178,952 | $153,258 | $109,628 | $124,811 | $114,485 | $102,940 | $93,236 | $91,316 |
| NON AD VALOREM | $954 | $943 | $868 | $864 | $931 | $916 | $917 | $924 | $905 | $170 |
| TOTAL TAX | $208,399 | $200,240 | $179,821 | $154,122 | $110,559 | $125,728 | $115,403 | $103,864 | $94,141 | $91,486 |
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.