Property Detail
Location Address : 242 COLONIAL LN
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-11-000-0471
Subdivision : EL ENCANTO PL 2
Official Records Book/Page : 28404 / 1621
Sale Date : 06/29/2016
Legal Description : EL ENCANTO PLAT 2 W 75 FT OF E 90 FT OF LT 47 /LESS S 12 FT/ & 10 FT STRIP ADJ THERETO ON NORTH
Owner Information
Owner(s) Mailing Address
LIEB JOSEPH
 242 COLONIAL LN
PALM BEACH FL 33480 3213
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
06/29/2016 $2,152,585 28404 / 01621 WARRANTY DEED LIEB JOSEPH
12/28/2011 $950,000 24938 / 00505 WARRANTY DEED REYNOLDS ROCHELLE E
03/17/2005 $1,000,000 18318 / 01114 WARRANTY DEED REYNCO INC
03/01/1994 $295,000 08193 / 00874 WARRANTY DEED
12/01/1988 $270,000 05903 / 01138 WARRANTY DEED
01/01/1977 $135,000 02688 / 01482
01/01/1969 $40,000 01754 / 00795 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
LIEB JOSEPH 2026 HOMESTEAD
LIEB JOSEPH 2026 ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 2290
Acres : .14
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 1945
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 3
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 N/A
Stories 1
Subarea and Square Footage for Building 1
Code Description square Footage
FOP Finished Open Porch 30
BAS Base Area 230
FGR Finished Garage 207
FGR Finished Garage 69
BAS Base Area 1654
BAS Base Area 100
Total Square Footage 2290
Area Under Air 1984
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Fountain 2006 1
Pool - In-Ground 2006 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.1429
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $401,650 $412,774 $371,819 $1,263,092 $700,451
Land Value $3,255,675 $3,414,525 $3,461,100 $2,712,544 $2,172,525
Total Market Value $3,657,325 $3,827,299 $3,832,919 $3,975,636 $2,872,976
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $1,545,110 $1,504,489 $1,462,088 $1,419,503 $1,378,158
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $1,493,699 $1,453,767 $1,412,088 $1,369,503 $1,328,158
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $22,307 $21,779 $21,156 $20,721 $20,743
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $23,273 $22,732 $22,099 $21,590 $21,607
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov