Property detail

Location Address 250 ALGOMA RD
Municipality PALM BEACH
Parcel Control Number 50-43-43-35-00-002-0340
Subdivision
Official Records Book/Page 31798 / 1562
Sale Date 09/30/2020
Legal Description 35-43-43,W 134.80 FT OF ELY 854.78 FT OF NLY 166.6 FT OF S 1935.25 FT OF GOV LT 2 W OF OCEAN BLVD

Owner INFORMATION

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Owner(s) Mailing Address
WETHERILL CORTRIGHT JR
250 ALGOMA RD
PALM BEACH FL 33480 4935

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
09/30/2020 $5,100,000 31798 / 01562 REP DEED WETHERILL CORTRIGHT JR
03/04/1998 $1,300,000 10270 / 00985 WARRANTY DEED MANDELL RONALD B
11/01/1995 $700,000 09002 / 01599 WARRANTY DEED
08/01/1995 $100 08958 / 00181 REP DEED
01/01/1972 $137,500 02027 / 01673

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 : 2025
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
WETHERILL CORTRIGHT JR 2025 HOMESTEAD
WETHERILL CORTRIGHT JR 2025 ADDITIONAL HOMESTEAD
WETHERILL CORTRIGHT JR 2025 QUALIFIED EXEMPTION
2025
2025

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
UDG Unfinished Det. Garage 608
FUS Finished Upper Story 1120
FSP Finished Screened Porch 72
BAS Base Area 2652
BAS Base Area 510
Total Square Footage 4962
Area Under Air 4282

Number of Units 2
Total Square Feet* 5893
Acres .42
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

Bldg Type EXC-LUX.RES
Exterior Wall 1 WSF: WOOD SIDING
Year Built 1938
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 5
Full Baths 5
Half Baths 1
Roof Structure GABLE/HIP
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Stories 2

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Sketch
for Building 1

SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 2

Code Description square Footage
BAS Base Area 931
Total Square Footage 931
Area Under Air 931

Number of Units 2
Total Square Feet* 5893
Acres .42
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 2

Bldg Type EXC-LUX.RES
Exterior Wall 1 WSF: WOOD SIDING
Year Built 1938
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 1
Full Baths 1
Half Baths 0
Roof Structure GABLE/HIP
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Stories 1

Print Building 2 Details

 

Sketch
for Building 2

Property Extra Features

Description Year Built Units
Pool - In-Ground 1938 1
Patio 1938 396
Bbq 2024 1
Patio Roof 2024 486

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-A 0.42

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $2,156,694 $597,020 $632,953 $1,246,214 $864,998
Land Value $12,624,240 $7,803,000 $6,616,944 $5,674,900 $3,850,000
Total Market Value $14,780,934 $8,400,020 $7,249,897 $6,921,114 $4,714,998
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $2,156,694 $597,020 $632,953 $1,246,214 $864,998 $1,179,092 $892,105 $514,308 $532,379 $762,925
Land Value $12,624,240 $7,803,000 $6,616,944 $5,674,900 $3,850,000 $3,780,000 $3,675,000 $3,498,315 $2,844,159 $3,025,701
Total Market Value $14,780,934 $8,400,020 $7,249,897 $6,921,114 $4,714,998 $4,959,092 $4,567,105 $4,012,623 $3,376,538 $3,788,626

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $14,780,934 $6,275,663 $5,705,148 $5,186,498 $4,714,998
Exemption Amount $1,398,789 $0 $0 $0 $0
Taxable Value $13,382,145 $6,275,663 $5,705,148 $5,186,498 $4,714,998
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $14,780,934 $6,275,663 $5,705,148 $5,186,498 $4,714,998 $4,959,092 $1,760,769 $1,727,938 $1,692,398 $1,657,589
Exemption Amount $1398789 $0 $0 $0 $0 $0 $50000 $50000 $50000 $50000
Taxable Value $13,382,145 $6,275,663 $5,705,148 $5,186,498 $4,714,998 $4,959,092 $1,710,769 $1,677,938 $1,642,398 $1,607,589

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $209,561 $106,735 $95,624 $91,673 $76,501
NON AD VALOREM $1,658 $1,636 $1,510 $1,502 $1,612
TOTAL TAX $211,219 $108,371 $97,133 $93,175 $78,113
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $209,561 $106,735 $95,624 $91,673 $76,501 $81,795 $28,881 $27,510 $27,526 $27,827
NON AD VALOREM $1,658 $1,636 $1,510 $1,502 $1,612 $1,585 $1,587 $1,598 $1,566 $340
TOTAL TAX $211,219 $108,371 $97,133 $93,175 $78,113 $83,380 $30,469 $29,108 $29,093 $28,167

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.