Property detail

Location Address 227 AUSTRALIAN AVE 0022
Municipality PALM BEACH
Parcel Control Number 50-43-43-26-17-000-0022
Subdivision MELBORNE HOUSE COND DECL FILED 2-14-84
Official Records Book/Page 30984 / 661
Sale Date 10/17/2019
Legal Description MELBORNE HOUSE COND UNIT 2-B

Owner INFORMATION

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Owner(s) Mailing Address
FIFTY FRANKLIN STREET LIMITED
PARTNERSHIP
50 FRANKLIN ST
BOSTON MA 02110 1317

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
10/17/2019 $820,000 30984 / 00661 WARRANTY DEED FIFTY FRANKLIN STREET LIMITED
03/19/1999 $240,000 10999 / 01066 WARRANTY DEED BENHAM DAVID B & MARGARET W
02/01/1991 $100 06719 / 01774 QUIT CLAIM
11/01/1987 $198,500 05488 / 01686 WARRANTY DEED
06/01/1986 $2,606,700 04946 / 00645 WARRANTY 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

No Data Found.


Number of Units 1
Total Square Feet* 1287
Acres
Property Use Code 0400—CONDOMINIUM
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

Name MELBORNE HOUSE CONDO
Area 1287
Year Built 1985
No of Bedroom(s) 2
No of Bath(s) 2
No of Half Bath(s)
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure PRESTRESSED CONCRETE
Roof Cover ROLLED COMPOSITION
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

No Extra Feature Available

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $1,911,300 $1,911,300 $1,911,300 $1,113,050 $870,000
Land Value $0 $0 $0 $0 $0
Total Market Value $1,911,300 $1,911,300 $1,911,300 $1,113,050 $870,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $1,911,300 $1,911,300 $1,911,300 $1,113,050 $870,000 $755,000 $755,000 $705,000 $705,000 $670,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $1,911,300 $1,911,300 $1,911,300 $1,113,050 $870,000 $755,000 $755,000 $705,000 $705,000 $670,000

P = Preliminary

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 P 2024 2023 2022 2021
Assessed Value $1,215,936 $1,105,396 $1,004,905 $913,550 $830,500
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $1,215,936 $1,105,396 $1,004,905 $913,550 $830,500
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $1,215,936 $1,105,396 $1,004,905 $913,550 $830,500 $755,000 $755,000 $705,000 $668,162 $607,420
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $1,215,936 $1,105,396 $1,004,905 $913,550 $830,500 $755,000 $755,000 $705,000 $668,162 $607,420

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $22,477 $21,526 $20,939 $15,456 $13,747
NON AD VALOREM $386 $377 $348 $345 $367
TOTAL TAX $22,863 $21,903 $21,287 $15,801 $14,114
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $22,477 $21,526 $20,939 $15,456 $13,747 $12,453 $12,667 $11,489 $11,379 $10,890
NON AD VALOREM $386 $377 $348 $345 $367 $363 $364 $368 $362 $97
TOTAL TAX $22,863 $21,903 $21,287 $15,801 $14,114 $12,816 $13,031 $11,857 $11,741 $10,987

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.