Property detail

Location Address 5029 MAGNOLIA BAY CIR
Municipality PALM BEACH GARDENS
Parcel Control Number 52-42-41-25-09-000-1450
Subdivision MAGNOLIA BAY
Official Records Book/Page 35432 / 590
Sale Date 11/13/2024
Legal Description MAGNOLIA BAY LT 145

Owner INFORMATION

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Owner(s) Mailing Address
WALLACE JAN P
JAN P WALLACE TR TITL HLDR
WALLACE JAN P TR
5029 MAGNOLIA BAY CIR
PALM BEACH GARDENS FL 33418 6732

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
11/13/2024 $10 35432 / 00590 WARRANTY DEED WALLACE JAN P TRUST
02/04/2016 $345,000 28103 / 01488 WARRANTY DEED WALLACE JAN P
11/06/2015 $299,250 27978 / 00986 WARRANTY DEED CERRETA JOHN &
09/03/2015 $282,900 27782 / 01845 CERT OF TITLE US BANK NATIONAL ASSOCIATION TRUSTEE
10/18/2012 $10 25541 / 00936 QUIT CLAIM MAGNOLIA BAY GARDENS HOA INC
07/26/2004 $313,500 17338 / 01536 WARRANTY DEED FISHER ALFRED E &
07/23/2004 $10 17338 / 01540 QUIT CLAIM FISHER ALFRED E &
07/23/2004 $10 17338 / 01539 QUIT CLAIM FISHER ALFRED E &
05/26/2004 $254,900 17037 / 00740 WARRANTY DEED MJ SANTACATERINA LAND TRUST # 0145

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 : 2017
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
WALLACE JAN P 2025 HOMESTEAD
WALLACE JAN P 2025 ADDITIONAL HOMESTEAD

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
FSP Finished Screened Porch 154
FGR Finished Garage 441
BAS Base Area 1554
Total Square Footage 2149
Area Under Air 1554

Number of Units 1
Total Square Feet* 2149
Acres .11
Property Use Code 0110—TOWNHOUSE
Zoning RL3—RESIDENTIAL LOW DENSITY-3 (52-PALM BEACH GARDENS)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Exterior Wall 1 MSY: PRECAST PNL/REIN. CONC
Year Built 2004
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 2
Full Baths 2
Half Baths 0
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
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

Description Year Built Units
Screen Enclosure 2004 175
View 2004 1

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 P 2024 2023 2022 2021
Improvement Value $515,261 $500,240 $500,240 $400,090 $355,193
Land Value $0 $0 $0 $0 $0
Total Market Value $515,261 $500,240 $500,240 $400,090 $355,193
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $515,261 $500,240 $500,240 $400,090 $355,193 $325,193 $314,193 $305,153 $325,153 $290,153
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $515,261 $500,240 $500,240 $400,090 $355,193 $325,193 $314,193 $305,153 $325,153 $290,153

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 $321,149 $312,098 $303,008 $294,183 $285,615
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $270,427 $262,098 $253,008 $244,183 $235,615
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $321,149 $312,098 $303,008 $294,183 $285,615 $281,672 $275,339 $270,205 $264,647 $290,153
Exemption Amount $50722 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $50000 $0
Taxable Value $270,427 $262,098 $253,008 $244,183 $235,615 $231,672 $225,339 $220,205 $214,647 $290,153

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $5,017 $4,861 $4,767 $4,749 $4,779
NON AD VALOREM $260 $247 $235 $227 $225
TOTAL TAX $5,277 $5,108 $5,002 $4,976 $5,004
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $5,017 $4,861 $4,767 $4,749 $4,779 $4,746 $4,674 $4,449 $4,423 $5,895
NON AD VALOREM $260 $247 $235 $227 $225 $217 $220 $224 $232 $229
TOTAL TAX $5,277 $5,108 $5,002 $4,976 $5,004 $4,963 $4,894 $4,672 $4,655 $6,123

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.