Property detail

Field Value
Location Address 166 PROFESSIONAL WAY
Municipality WELLINGTON
Parcel Control Number 73-41-43-31-07-000-0130
Subdivision BINKS COMMERCIAL CENTRE
Official Records Book/Page 31929 / 723
Sale Date 11/11/2020
Legal Description BINKS COMMERCIAL CENTRE LT 13

Owner INFORMATION

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Owner(s) Mailing Address Actions
VELODROME REALTY CORP
606 RIVERSIDE RD
NORTH PALM BEACH FL 33408 3726

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
11/11/2020 $1,600,000 31929 / 00723 WARRANTY DEED VELODROME REALTY CORP
12/11/2018 $550,000 30305 / 01359 WARRANTY DEED FOLKSTONE PROPERTIES LLC
06/21/2017 $600,000 29193 / 00095 WARRANTY DEED 42 K LLC &
09/03/2003 $200,000 15847 / 01340 WARRANTY DEED 42 K LLC

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
OFFICES 3600
Total Square Footage 3600

Field Value
Total Number of Units Per Parcel
Total Square Feet* 3600
Acres .68
Property Use Code 1700—OFFICE BLDG-NON MEDICAL 1 TO 3 STORIES
Zoning PUD—PLANNED UNIT DEVELOPMENT (73-WELLINGTON)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Field Value
Year Built 2018
OFFICE BLDG L/R 1-4S 3600

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Paving- Asphalt 2018 8110
Walkway-Concrete 2018 350
Wall 2018 90
Paving- Asphalt 2018 45

Property Land Details

Land Line # Description Zoning Acres
1 COMMERCIAL PUD 0.6757

Appraisals

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Tax Year 2026 2025 2024 2023 2022
Improvement Value $737,446 $745,797 $779,028 $769,082 $718,838
Land Value $551,250 $500,000 $500,000 $433,100 $412,500
Total Market Value $1,288,696 $1,245,797 $1,279,028 $1,202,182 $1,131,338
Tax Year 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017
Improvement Value $737,446 $745,797 $779,028 $769,082 $718,838 $662,203 $669,284 $0 $0 $0
Land Value $551,250 $500,000 $500,000 $433,100 $412,500 $250,000 $194,250 $0 $165,375 $157,500
Total Market Value $1,288,696 $1,245,797 $1,279,028 $1,202,182 $1,131,338 $912,203 $863,534 $700,000 $165,375 $157,500

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2026 2025 2024 2023 2022
Assessed Value $1,288,696 $1,245,797 $1,214,142 $1,103,765 $1,003,423
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $1,288,696 $1,245,797 $1,214,142 $1,103,765 $1,003,423
Tax Year 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017
Assessed Value $1,288,696 $1,245,797 $1,214,142 $1,103,765 $1,003,423 $912,203 $863,534 $700,000 $165,375 $157,500
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $1,288,696 $1,245,797 $1,214,142 $1,103,765 $1,003,423 $912,203 $863,534 $700,000 $165,375 $157,500

Taxes

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Tax Year 2026 2025 2024 2023 2022
AD VALOREM $24,085 $23,340 $23,170 $21,485 $20,208
NON AD VALOREM $1,218 $1,143 $1,054 $1,029 $968
TOTAL TAX $25,303 $24,483 $24,225 $22,514 $21,176
Tax Year 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017
AD VALOREM $24,085 $23,340 $23,170 $21,485 $20,208 $18,097 $17,279 $14,157 $3,256 $3,139
NON AD VALOREM $1,218 $1,143 $1,054 $1,029 $968 $932 $914 $230 $230 $230
TOTAL TAX $25,303 $24,483 $24,225 $22,514 $21,176 $19,029 $18,193 $14,387 $3,486 $3,369

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.