Property detail

Field Value
Location Address 140 AUSTRALIAN AVE
Municipality PALM BEACH
Parcel Control Number 50-43-43-23-05-008-0470
Subdivision ROYAL PARK ADD TO P B IN
Official Records Book/Page 25402 / 955
Sale Date 08/27/2012
Legal Description ROYAL PARK ADD LTS 47 & 48 BLK 8

Owner INFORMATION

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Owner(s) Mailing Address Actions
ELGHANAYAN STEVEN &
RAD ELIZABETH
140 AUSTRALIAN AVE
PALM BEACH FL 33480 4435

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
08/27/2012 $2,150,000 25402 / 00955 WARRANTY DEED ELGHANAYAN STEVEN &
06/01/2011 $10 24592 / 01601 DEED OF TRUST YOUNG WILLIAM TANDY III &
06/01/2011 $10 24592 / 01599 DEED OF TRUST YOUNG WILLIAM TANDY III &
06/01/2011 $10 24592 / 01597 DEED OF TRUST YOUNG WILLIAM TANDY III &
09/21/2009 $10 23496 / 01366 DEED OF TRUST YOUNG WILLIAM T III FAMILY TRUST &
09/21/2009 $10 23496 / 01363 DEED OF TRUST WILLIAM TANDY YOUNG III FAMILY TRUST &
09/21/2009 $10 23496 / 01360 DEED OF TRUST WILLIAM TANDY YOUNG III FAMILY TRUST &
08/31/2007 $1 22080 / 01885 DEED OF TRUST DIXON FRANCIGENE S
08/31/2007 $1 22080 / 01881 DEED OF TRUST YOUNG SHERIDAN TR
08/31/2007 $1 22080 / 01877 DEED OF TRUST YOUNG SHERIDAN TR
10/24/2003 $10 16151 / 01506 WARRANTY DEED DIXON FRANCIGENE S
10/01/1998 $850,000 10689 / 00798 REP DEED DIXON FRANCIGENE
12/01/1993 $100 08057 / 00641 LIFE ESTATE

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 : 2018
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
ELGHANAYAN STEVEN & 2026 HOMESTEAD
ELGHANAYAN STEVEN & 2026 ADDITIONAL HOMESTEAD
RAD ELIZABETH 2026 HOMESTEAD
RAD ELIZABETH 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FGR Finished Garage 441
FOP Finished Open Porch 220
BLC Balcony 220
BAS Base Area 2870
FUS Finished Upper Story 1449
Total Square Footage 5200
Area Under Air 4319

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 5200
Acres .29
Property Use Code 0100—SINGLE FAMILY
Zoning R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 MSY: CB STUCCO
Year Built 2014
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 6
Half Baths 1
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 MARBLE
Floor Type 2 N/A
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Pool - In-Ground 2014 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2870

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $5,174,115 $4,990,666 $4,504,464 $3,603,025 $2,817,598
Land Value $10,250,000 $9,687,500 $8,125,000 $6,825,000 $5,574,050
Total Market Value $15,424,115 $14,678,166 $12,629,464 $10,428,025 $8,391,648
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $5,174,115 $4,990,666 $4,504,464 $3,603,025 $2,817,598 $2,179,417 $2,664,007 $2,386,094 $1,994,093 $1,625,835
Land Value $10,250,000 $9,687,500 $8,125,000 $6,825,000 $5,574,050 $4,125,000 $2,940,000 $2,660,000 $2,763,100 $2,511,909
Total Market Value $15,424,115 $14,678,166 $12,629,464 $10,428,025 $8,391,648 $6,304,417 $5,604,007 $5,046,094 $4,757,193 $4,137,744

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 $5,806,789 $5,654,128 $5,494,779 $5,334,737 $5,179,356
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $5,755,378 $5,603,406 $5,444,779 $5,284,737 $5,129,356
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $5,806,789 $5,654,128 $5,494,779 $5,334,737 $5,179,356 $5,028,501 $4,959,074 $4,847,580 $4,757,193 $4,137,744
Exemption Amount $51411 $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $0
Taxable Value $5,755,378 $5,603,406 $5,444,779 $5,284,737 $5,129,356 $4,978,501 $4,909,074 $4,797,580 $4,707,193 $4,137,744

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $85,478 $83,480 $81,124 $79,499 $79,643
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $86,444 $84,433 $82,067 $80,367 $80,507
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $85,478 $83,480 $81,124 $79,499 $79,643 $80,949 $81,145 $80,670 $76,877 $68,922
NON AD VALOREM $966 $954 $943 $868 $864 $931 $916 $917 $924 $905
TOTAL TAX $86,444 $84,433 $82,067 $80,367 $80,507 $81,880 $82,061 $81,587 $77,801 $69,827

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.