Property detail

Field Value
Location Address 241 BANYAN RD
Municipality PALM BEACH
Parcel Control Number 50-43-43-26-00-002-0410
Subdivision
Official Records Book/Page 35024 / 938
Sale Date 05/14/2024
Legal Description 26-43-43, S 175 FT OF N 927.5 FT OF S 1/2 OF GOV LT 2 LYG W OF COUNTY RD (LESS E 375.34 FTOF S 26 FT OF N 778.5 FT, E 395.34 FT OF S 149 FT OF N 927.5 FT, NARROW PARCEL IN OR453P418 & BANYAN RD R/W)

Owner INFORMATION

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Owner(s) Mailing Address Actions
REYNOLDS LAURA C
REYNOLDS ROBERT L &
241 BANYAN RD
PALM BEACH FL 33480 4803

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
05/14/2024 $10 35024 / 00938 WARRANTY DEED REYNOLDS ROBERT L &
05/14/2013 $11,325,000 26024 / 01053 WARRANTY DEED ABBEY LLC
04/01/1985 $951,000 04511 / 00834 REP DEED BELL LOWRY M JR &
01/01/1977 $100 02678 / 01678

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 : 2026
  • Exemption Year : 2027
Applicant/Owner(s) Year Detail
REYNOLDS ROBERT L & 2026 HOMESTEAD
REYNOLDS ROBERT L & 2026 ADDITIONAL HOMESTEAD
REYNOLDS LAURA C 2026 HOMESTEAD
REYNOLDS LAURA C 2026 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FUS Finished Upper Story 909
BAS Base Area 1749
BAS Base Area 1936
FOP Finished Open Porch 21
FST Finished Storage 600
FGR Finished Garage 528
FUS Finished Upper Story 1665
FEP Finished Enclosed Porch 455
FOP Finished Open Porch 21
FOP Finished Open Porch 592
FOP Finished Open Porch 44
FOP Finished Open Porch 33
FOP Finished Open Porch 21
Total Square Footage 8574
Area Under Air 6259

Field Value
Total Number of Units Per Parcel 1
Total Square Feet* 8574
Acres .69
Property Use Code 0100—SINGLE FAMILY
Zoning R-A—ESTATE RESIDENTIAL (50-PALM BEACH)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Bldg Type EXC-LUX.RES
Exterior Wall 1 WSF: BRICK
Year Built 1926
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 6
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CLAY/BERMUDA TILE
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 N/A
Stories 2

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Fountain 2016 1
Boat Dock 1926 165
Pool - In-Ground 2015 1
Boat Lift 2014 1
Fountain 2015 1

Property Land Details

Land Line # Description Zoning Acres
1 INTRACOASTAL R-A 0.6893

Appraisals

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Tax Year 2026 P 2025 2024 2023 2022
Improvement Value $1,271,999 $1,166,915 $1,593,974 $1,443,098 $1,404,810
Land Value $33,028,600 $33,779,250 $33,028,600 $23,925,179 $19,511,700
Total Market Value $34,300,599 $34,946,165 $34,622,574 $25,368,277 $20,916,510
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $1,271,999 $1,166,915 $1,593,974 $1,443,098 $1,404,810 $2,833,919 $2,342,476 $2,823,165 $2,222,176 $2,027,530
Land Value $33,028,600 $33,779,250 $33,028,600 $23,925,179 $19,511,700 $14,024,290 $12,430,000 $11,990,000 $11,069,704 $11,652,320
Total Market Value $34,300,599 $34,946,165 $34,622,574 $25,368,277 $20,916,510 $16,858,209 $14,772,476 $14,813,165 $13,291,880 $13,679,850

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 $34,300,599 $34,946,165 $21,628,383 $19,662,166 $17,874,696
Exemption Amount $51,411 $0 $0 $0 $0
Taxable Value $34,249,188 $34,946,165 $21,628,383 $19,662,166 $17,874,696
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $34,300,599 $34,946,165 $21,628,383 $19,662,166 $17,874,696 $16,249,724 $14,772,476 $14,605,821 $13,278,019 $12,070,926
Exemption Amount $51411 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $34,249,188 $34,946,165 $21,628,383 $19,662,166 $17,874,696 $16,249,724 $14,772,476 $14,605,821 $13,278,019 $12,070,926

Taxes

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Tax Year 2026 P 2025 2024 2023 2022
AD VALOREM $507,842 $519,615 $403,668 $332,025 $296,800
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $508,059 $519,820 $403,862 $332,213 $296,984
Tax Year 2026 P 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $507,842 $519,615 $403,668 $332,025 $296,800 $267,837 $243,656 $246,533 $216,483 $211,954
NON AD VALOREM $217 $205 $194 $188 $184 $178 $1,164 $1,165 $1,174 $1,150
TOTAL TAX $508,059 $519,820 $403,862 $332,213 $296,984 $268,015 $244,820 $247,698 $217,657 $213,104

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.