Property detail

Location Address 425 WORTH AVE 3E
Municipality PALM BEACH
Parcel Control Number 50-43-43-27-68-000-3050
Subdivision VILL
Official Records Book/Page 34145 / 207
Sale Date 02/20/2023
Legal Description VILLAS INC APT 3-E

Owner INFORMATION

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Owner(s) Mailing Address
QUBEIN NIDAL RAJI TRUST
1037 ROCKFORD RD
HIGH POINT NC 27262 3605

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
02/20/2023 $10 34145 / 00207 PRIOR LEASE-COOP QUBEIN NIDAL RAJI TRUST
07/27/2021 $4,800,000 32929 / 01092 PRIOR LEASE-COOP QUBEIN NIDO R DR &
01/07/2013 $0 25739 / 00872 PRIOR LEASE-COOP POWELL EARL &
12/27/2012 $2,450,000 25739 / 00878 PRIOR LEASE-COOP POWELL EARL &
05/10/2000 $0 11786 / 01742 MCLAUGHLIN MARCELLA K TR
04/27/2000 $10 11786 / 01727
04/14/1998 $1,200,000 10345 / 01282 PRIOR LEASE-COOP MCLAUGHLIN MARCELLA KEMBERLING
06/01/1994 $100 08316 / 01488 PRIOR LEASE-COOP
10/01/1989 $850,000 06247 / 00427 PRIOR LEASE-COOP
04/01/1989 $100 06083 / 01972 PRIOR LEASE-COOP

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* 2536
Acres
Property Use Code 0510—COOPERATIVE
Zoning R-D(2)—HEAVY DENSITY RESIDENTIAL (50-PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name VILLAS INC
Area 2536
Year Built 1971
No of Bedroom(s) 3
No of Bath(s) 3
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 WOOD TRUSS
Roof Cover BUILT-UP TAR/GRAVEL
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 $5,555,000 $5,305,500 $5,305,500 $4,440,000 $3,375,000
Land Value $0 $0 $0 $0 $0
Total Market Value $5,555,000 $5,305,500 $5,305,500 $4,440,000 $3,375,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $5,555,000 $5,305,500 $5,305,500 $4,440,000 $3,375,000 $3,650,000 $3,650,000 $4,050,000 $3,550,000 $2,550,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $5,555,000 $5,305,500 $5,305,500 $4,440,000 $3,375,000 $3,650,000 $3,650,000 $4,050,000 $3,550,000 $2,550,000

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 $5,555,000 $5,305,500 $4,884,000 $4,440,000 $3,375,000
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $5,555,000 $5,305,500 $4,884,000 $4,440,000 $3,375,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $5,555,000 $5,305,500 $4,884,000 $4,440,000 $3,375,000 $3,543,122 $3,221,020 $2,928,200 $2,662,000 $2,420,000
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $5,555,000 $5,305,500 $4,884,000 $4,440,000 $3,375,000 $3,543,122 $3,221,020 $2,928,200 $2,662,000 $2,420,000

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $82,607 $78,895 $76,043 $68,798 $54,760
NON AD VALOREM $448 $438 $1,736 $1,850 $1,842
TOTAL TAX $83,055 $79,333 $77,779 $70,648 $56,601
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $82,607 $78,895 $76,043 $68,798 $54,760 $59,189 $57,114 $55,093 $50,351 $42,543
NON AD VALOREM $448 $438 $1,736 $1,850 $1,842 $2,059 $2,075 $1,904 $1,985 $2,066
TOTAL TAX $83,055 $79,333 $77,779 $70,648 $56,601 $61,248 $59,189 $56,998 $52,336 $44,610

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.