Property detail

Location Address 701 S OLIVE AVE 709
Municipality WEST PALM BEACH
Parcel Control Number 74-43-43-22-41-000-0709
Subdivision TWO CITY PLAZA CONDO
Official Records Book/Page 34896 / 801
Sale Date 03/05/2024
Legal Description TWO CITY PLAZA CONDO UNIT 709

Owner INFORMATION

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Owner(s) Mailing Address
CHALASANI LAKSHMI
CHALASANI LAKSHMI TR
LAKSHMI CHALASANI TR TITL HLDR
701 S OLIVE AVE APT 709
WEST PALM BEACH FL 33401 6534

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
03/05/2024 $10 34896 / 00801 WARRANTY DEED CHALASANI LAKSHMI TRUST
10/05/2023 $545,000 34607 / 01288 WARRANTY DEED CHALASANI LAKSHMI
12/04/2017 $281,000 29537 / 00282 WARRANTY DEED PURRU JAMES &
12/22/2014 $257,000 27246 / 00528 WARRANTY DEED TUCKER CURTIS J
07/28/2009 $240,000 23370 / 01337 WARRANTY DEED W P B HOLDINGS 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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  • Save Our Homes (SOH) Base Year : 2024
  • Exemption Year : 2025
Applicant/Owner(s) Year Detail
CHALASANI LAKSHMI 2025 HOMESTEAD
CHALASANI LAKSHMI 2025 ADDITIONAL HOMESTEAD
CHALASANI LAKSHMI 2025 QUALIFIED EXEMPTION

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* 879
Acres
Property Use Code 0400—CONDOMINIUM
Zoning QGD-25—QUADRILLE GARDEN DISTRICT – 25 (74-WEST PALM BEACH)

Request Structural Details Change

*May indicate living area in residential properties.

Structural Element
for Building 1

Name TWO CITY PLAZA CONDO
Area 879
Year Built 2008
No of Bedroom(s) 1
No of Bath(s) 1
No of Half Bath(s) 1
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure PRESTRESSED CONCRETE
Roof Cover MIN. ROOFING (CORR/SH.M)
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 $425,000 $385,000 $365,000 $278,780 $218,000
Land Value $0 $0 $0 $0 $0
Total Market Value $425,000 $385,000 $365,000 $278,780 $218,000
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $425,000 $385,000 $365,000 $278,780 $218,000 $203,000 $205,000 $215,000 $205,000 $220,000
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $425,000 $385,000 $365,000 $278,780 $218,000 $203,000 $205,000 $215,000 $205,000 $220,000

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 $396,165 $385,000 $218,378 $212,017 $205,842
Exemption Amount $55,722 $55,000 $50,000 $50,000 $50,000
Taxable Value $340,443 $330,000 $168,378 $162,017 $155,842
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $396,165 $385,000 $218,378 $212,017 $205,842 $203,000 $205,000 $215,000 $205,000 $206,435
Exemption Amount $55722 $55000 $50000 $50000 $50000 $50000 $50000 $0 $50000 $50000
Taxable Value $340,443 $330,000 $168,378 $162,017 $155,842 $153,000 $155,000 $215,000 $155,000 $156,435

Taxes

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Tax Year 2025 P 2024 2023 2022 2021
AD VALOREM $7,805 $7,228 $3,794 $3,737 $3,717
NON AD VALOREM $216 $207 $203 $200 $196
TOTAL TAX $8,021 $7,435 $3,997 $3,937 $3,913
Tax Year 2025 P 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $7,805 $7,228 $3,794 $3,737 $3,717 $3,690 $3,771 $4,867 $3,726 $3,841
NON AD VALOREM $216 $207 $203 $200 $196 $195 $197 $148 $123 $122
TOTAL TAX $8,021 $7,435 $3,997 $3,937 $3,913 $3,885 $3,968 $5,015 $3,849 $3,963

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.