Property Detail
Location Address : 1421 N LAKE WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-42-34-08-000-0420
Subdivision : NORTH SHORE ADD TO P B IN
Official Records Book/Page : 33329 / 1357
Sale Date : 02/15/2022
Legal Description : NORTH SHORE ADD TO PALM BEACH LT 42
Owner Information
Owner(s) Mailing Address
REEF ROAD LLC
1200 SOLDIERS FIELD RD STE 102
ALLSTON MA 02134 1021
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
02/15/2022 $7,885,000 33329 / 01357 WARRANTY DEED REEF ROAD LLC
12/02/2020 $10 32012 / 00856 WARRANTY DEED MORGAN TRUST
05/01/1990 $100 06516 / 00044 WARRANTY DEED MORGAN ELSBETH W
02/01/1983 $100 03890 / 01197 WARRANTY DEED
Exemption Information
No Exemption Information Available.
Property Information
Number of Units : 2
*Total Square Feet : 3186
Acres : .31
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-B—LOW DENSITY RESIDENTIAL (50-PALM BEACH)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type EXC-RESIDENT
Exterior Wall 1 MSY: CB STUCCO
Year Built 1950
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 3
Full Baths 2
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Subarea and Square Footage for Building 1
Code Description square Footage
BAS Base Area 1755
FGR Finished Garage 575
FOP Finished Open Porch 108
Total Square Footage 2438
Area Under Air 1755
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 2012 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.3075
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $199,479 $192,500 $459,004 $10,929 $7,219
Land Value $7,020,050 $7,447,064 $5,936,228 $4,314,510 $2,639,957
Total Market Value $7,219,529 $7,500,000 $6,395,232 $4,325,439 $2,647,176
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $7,219,529 $7,034,755 $6,395,232 $2,911,894 $2,647,176
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $7,219,529 $7,034,755 $6,395,232 $2,911,894 $2,647,176
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $107,360 $107,547 $96,009 $54,335 $42,951
NON AD VALOREM $1,412 $1,386 $1,283 $1,275 $1,360
TOTAL TAX $108,773 $108,933 $97,292 $55,610 $44,311
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov