| Location Address | 425 WORTH AVE 5B |
| Municipality | PALM BEACH |
| Parcel Control Number | 50-43-43-27-68-000-5020 |
| Subdivision | VILL |
| Official Records Book/Page | 32580 / 910 |
| Sale Date | 05/25/2021 |
| Legal Description | VILLAS INC APT 5-B |
| Owner(s) | Mailing Address | |||
|---|---|---|---|---|
|
EDSON HILARY POLK F LYON III & |
425 WORTH AVE APT 5B
PALM BEACH FL 33480 6525 |
| Sales Date | Price | OR Book/Page | Sale Type | Owner |
|---|---|---|---|---|
| 05/25/2021 | $5,350,000 | 32580 / 00910 | PRIOR LEASE-COOP | POLK F LYON III & |
| 04/12/2004 | $2,250,000 | 16803 / 01439 | PRIOR LEASE-COOP | COOK PATRICIA L |
| 02/22/1999 | $1,250,000 | 10943 / 01862 | PRIOR LEASE-COOP | TRAULSEN REGINE |
| 06/01/1998 | $100 | 10516 / 01177 | PRIOR LEASE-COOP | |
| 04/01/1996 | $595,000 | 09222 / 01675 | 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.
No Exemption Information Available.
SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1
| Code Description | square Footage |
|---|---|
No Data Found. |
| Number of Units | 1 |
| Total Square Feet* | 2762 |
| 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 | 2762 |
| 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 |
Sketch
for Building 1
Property Extra Features
|
No Extra Feature Available |
Property Land Details
|
No Land Details Available |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Improvement Value | $5,815,000 | $5,516,500 | $5,516,500 | $4,662,000 | $3,570,000 |
| Land Value | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $5,815,000 | $5,516,500 | $5,516,500 | $4,662,000 | $3,570,000 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Improvement Value | $5,815,000 | $5,516,500 | $5,516,500 | $4,662,000 | $3,570,000 | $3,750,000 | $3,750,000 | $4,150,000 | $3,650,000 | $2,650,000 |
| Land Value | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Market Value | $5,815,000 | $5,516,500 | $5,516,500 | $4,662,000 | $3,570,000 | $3,750,000 | $3,750,000 | $4,150,000 | $3,650,000 | $2,650,000 |
P = Preliminary
All values are as of January 1st each year
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assessed Value | $5,815,000 | $5,516,500 | $5,128,200 | $4,662,000 | $2,152,302 |
| Exemption Amount | $0 | $0 | $0 | $0 | $50,000 |
| Taxable Value | $5,815,000 | $5,516,500 | $5,128,200 | $4,662,000 | $2,102,302 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Assessed Value | $5,815,000 | $5,516,500 | $5,128,200 | $4,662,000 | $2,152,302 | $2,122,586 | $2,074,864 | $2,036,177 | $1,994,297 | $1,953,278 |
| Exemption Amount | $0 | $0 | $0 | $0 | $50000 | $50000 | $50000 | $50000 | $50000 | $50000 |
| Taxable Value | $5,815,000 | $5,516,500 | $5,128,200 | $4,662,000 | $2,102,302 | $2,072,586 | $2,024,864 | $1,986,177 | $1,944,297 | $1,903,278 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| AD VALOREM | $86,474 | $82,033 | $79,495 | $72,238 | $34,282 |
| NON AD VALOREM | $712 | $703 | $1,976 | $2,090 | $2,108 |
| TOTAL TAX | $87,186 | $82,735 | $81,471 | $74,328 | $36,390 |
| Tax Year | 2025 P | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| AD VALOREM | $86,474 | $82,033 | $79,495 | $72,238 | $34,282 | $34,360 | $34,151 | $32,533 | $32,555 | $32,913 |
| NON AD VALOREM | $712 | $703 | $1,976 | $2,090 | $2,108 | $2,322 | $2,337 | $2,169 | $2,244 | $2,066 |
| TOTAL TAX | $87,186 | $82,735 | $81,471 | $74,328 | $36,390 | $36,682 | $36,488 | $34,702 | $34,799 | $34,979 |
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.