| Location Address | 201 BANYAN RD |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-26-00-002-0380 |
| Subdivision | |
| Official Records Book/Page | 32253 / 1517 |
| Sale Date | 02/24/2021 |
| Legal Description | 26-43-43, E 97.84 FT OF S 175 FT OF N 927.5 FT OF S 1/2 OF GOV LT 2 W OF COUNTY RD |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
201 BANYAN TRUST LESTER LIPSCHUTZ TR LESTER LIPSCHUTZ TR TITL HLDR |
201 BANYAN RD
PALM BEACH FL 33480 4803 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 02/24/2021 | $7,630,000 | 32253 / 01517 | WARRANTY DEED | 201 BANYAN TRUST |
| 07/20/2017 | $10 | 29302 / 01861 | QUIT CLAIM | HAMM EDWARD H TRUST |
| 05/08/2017 | $9,000,000 | 29184 / 00331 | DEED OF TRUST | HAMM EDWARD HERSEY |
| 10/17/2014 | $10 | 27121 / 00373 | WARRANTY DEED | SIMMONS CAROL TRUST |
| 05/11/2010 | $1 | 23856 / 01194 | WARRANTY DEED | SIMMONS CAROL |
| 05/08/2002 | $3,950,000 | 13686 / 01342 | WARRANTY DEED | RATHBORNE CAROL SIMMONS |
| 12/01/1989 | $105,000 | 06307 / 01680 | LIFE ESTATE | |
| 09/01/1989 | $700,000 | 06221 / 01847 | 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.
No Exemption Information Available.
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
| FUS Finished Upper Story | 320 |
| FUS Finished Upper Story | 2940 |
| BAS Base Area | 570 |
| FOP Finished Open Porch | 80 |
| FOP Finished Open Porch | 110 |
| FOP Finished Open Porch | 621 |
| FGR Finished Garage | 462 |
| BAS Base Area | 2478 |
| Total Square Footage | 7581 |
| Area Under Air | 6308 |
| Number of Units | 1 |
| Total Square Feet* | 7581 |
| Acres | .35 |
| Property Use Code | 0100—SINGLE FAMILY |
| Zoning | R-A—ESTATE 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 | WSF: BRICK |
| Year Built | 1932 |
| Air Condition Desc. | HTG & AC |
| Heat Type | FORCED AIR DUCT |
| Heat Fuel | ELECTRIC |
| Bed Rooms | 6 |
| Full Baths | 7 |
| Half Baths | 1 |
| Roof Structure | GABLE/HIP |
| Roof Cover | CONCRETE TILE |
| Interior Wall 1 | PLASTER |
| Interior Wall 2 | N/A |
| Floor Type 1 | HARDWOOD |
| Floor Type 2 | CARPETING |
| Stories | 2 |
Sketch
for Building 1
Property Extra Features
| Description | Year Built | Units |
|---|---|---|
| Walkway-Concrete | 1932 | 878 |
| Wall | 1932 | 1140 |
| Pool - In-Ground | 1932 | 1 |
| Spa | 2004 | 1 |
Property Land Details
| Land Line # | Description | Zoning | Acres |
|---|---|---|---|
| 1 | SFR | R-A | 0.3531 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $2,879,503 | $3,027,800 | $3,107,160 | $2,019,347 | $1,975,217 |
| Land Value | $9,552,222 | $6,918,750 | $5,867,100 | $5,837,040 | $3,960,000 |
| Total Market Value | $12,431,725 | $9,946,550 | $8,974,260 | $7,856,387 | $5,935,217 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $2,879,503 | $3,027,800 | $3,107,160 | $2,019,347 | $1,975,217 | $1,834,734 | $1,840,910 | $2,204,996 | $2,336,280 | $1,862,954 |
| Land Value | $9,552,222 | $6,918,750 | $5,867,100 | $5,837,040 | $3,960,000 | $3,888,000 | $3,780,000 | $3,529,367 | $3,188,227 | $3,391,731 |
| Total Market Value | $12,431,725 | $9,946,550 | $8,974,260 | $7,856,387 | $5,935,217 | $5,722,734 | $5,620,910 | $5,734,363 | $5,524,507 | $5,254,685 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $8,576,551 | $8,334,841 | $8,092,079 | $7,856,387 | $5,935,217 |
| Exemption Amount | $50,722 | $50,000 | $50,000 | $50,000 | $0 |
| Taxable Value | $8,525,829 | $8,284,841 | $8,042,079 | $7,806,387 | $5,935,217 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $8,576,551 | $8,334,841 | $8,092,079 | $7,856,387 | $5,935,217 | $5,722,734 | $5,620,910 | $5,734,363 | $5,524,507 | $5,254,685 |
| Exemption Amount | $50722 | $50000 | $50000 | $50000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Taxable Value | $8,525,829 | $8,284,841 | $8,042,079 | $7,806,387 | $5,935,217 | $5,722,734 | $5,620,910 | $5,734,363 | $5,524,507 | $5,254,685 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $126,948 | $123,357 | $120,894 | $121,124 | $96,300 |
| NON AD VALOREM | $207 | $194 | $188 | $184 | $178 |
| TOTAL TAX | $127,155 | $123,551 | $121,082 | $121,308 | $96,478 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $126,948 | $123,357 | $120,894 | $121,124 | $96,300 | $94,390 | $94,304 | $93,453 | $92,021 | $90,381 |
| NON AD VALOREM | $207 | $194 | $188 | $184 | $178 | $1,164 | $1,165 | $1,174 | $1,150 | $170 |
| TOTAL TAX | $127,155 | $123,551 | $121,082 | $121,308 | $96,478 | $95,554 | $95,469 | $94,627 | $93,170 | $90,551 |
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.