Property detail

Location Address 318 AUSTRALIAN AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-006-0181
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 34230 / 406
Sale Date 03/31/2023
Legal Description ROYAL PARK ADD E 7 FT OF LT 18, LT 19 & W 14 FT OF LT 20 BLK 6

Owner INFORMATION

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Owner(s) Mailing Address
COMBINAT LLC
6 OCEAN LN
PALM BEACH FL 33480 3304

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/31/2023 $4,995,000 34230 / 00406 WARRANTY DEED COMBINAT LLC
08/26/2022 $10 33822 / 00631 WARRANTY DEED SADLER HULL ALICE SHANNON TRUST
06/01/1984 $225,000 04278 / 00694 REP 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 1

Code Description square Footage
BAS Base Area 1279
BAS Base Area 176
BAS Base Area 16
BAS Base Area 12
Total Square Footage 1483
Area Under Air 1483

Number of Units 2
Total Square Feet* 2043
Acres .13
Property Use Code 0100—SINGLE FAMILY
Zoning R-C—MEDIUM DENSITY RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Bldg Type EXC-RESIDENT
Exterior Wall 1 WSF: WOOD SIDING
Year Built 1925
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 2
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 MARBLE
Stories 1

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Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
BAS Base Area 560
Total Square Footage 560
Area Under Air 560

Number of Units 2
Total Square Feet* 2043
Acres .13
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 2

Bldg Type EXC-RESIDENT
Exterior Wall 1 WSF: WOOD SIDING
Year Built 1925
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 1
Full Baths 1
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 CERAMIC/QUARRY TILE
Stories 1

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Sketch
for Building 2

Property Extra Features

Description Year Built Units
Patio 1925 350

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-C 0.1320

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $39,380 $60,529 $321,048 $8,204 $7,289
Land Value $4,456,250 $3,737,500 $3,173,902 $2,670,013 $1,908,750
Total Market Value $4,495,630 $3,798,029 $3,494,950 $2,678,217 $1,916,039
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $39,380 $60,529 $321,048 $8,204 $7,289 $5,021 $2,551 $5,429 $4,619 $4,647
Land Value $4,456,250 $3,737,500 $3,173,902 $2,670,013 $1,908,750 $1,890,000 $1,710,000 $1,842,067 $1,674,606 $1,625,831
Total Market Value $4,495,630 $3,798,029 $3,494,950 $2,678,217 $1,916,039 $1,895,021 $1,712,551 $1,847,496 $1,679,225 $1,630,478

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 $4,177,832 $3,798,029 $3,494,950 $422,588 $410,280
Exemption Amount $0 $0 $0 $50,000 $50,000
Taxable Value $4,177,832 $3,798,029 $3,494,950 $372,588 $360,280
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $4,177,832 $3,798,029 $3,494,950 $422,588 $410,280 $404,615 $395,518 $388,143 $380,160 $372,341
Exemption Amount $0 $0 $0 $50000 $50000 $50000 $50000 $50000 $50000 $50000
Taxable Value $4,177,832 $3,798,029 $3,494,950 $372,588 $360,280 $354,615 $345,518 $338,143 $330,160 $322,341

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $64,129 $56,478 $52,468 $5,936 $6,017
NON AD VALOREM $1,550 $1,490 $1,373 $1,363 $1,417
TOTAL TAX $65,679 $57,968 $53,841 $7,299 $7,434
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $64,129 $56,478 $52,468 $5,936 $6,017 $6,024 $5,976 $5,675 $5,669 $5,721
NON AD VALOREM $1,550 $1,490 $1,373 $1,363 $1,417 $1,397 $1,404 $1,406 $1,397 $707
TOTAL TAX $65,679 $57,968 $53,841 $7,299 $7,434 $7,421 $7,380 $7,081 $7,065 $6,428

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.