Property Detail
Location Address : 1055 N LAKE WAY
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-03-17-000-0130
Subdivision : LIST ADD NO 2 IN
Official Records Book/Page : 23622 / 1298
Sale Date : 12/30/2009
Legal Description : LIST ADD NO 2 LT 13
Owner Information
Owner(s) Mailing Address
HUDSON GEOFFREY B &
HUDSON SUSAN D
 1055 N LAKE WAY
PALM BEACH FL 33480 3250
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
12/30/2009 $1,350,000 23622 / 01298 WARRANTY DEED HUDSON GEOFFREY B &
02/01/1981 $400,000 03469 / 01709 WARRANTY DEED LYMUS LTD
01/01/1981 $100 03455 / 00510 REP DEED
Exemption Information
Applicant/Owner(s) Year Detail
HUDSON GEOFFREY B & 2026 HOMESTEAD
HUDSON GEOFFREY B & 2026 ADDITIONAL HOMESTEAD
HUDSON SUSAN D 2026 HOMESTEAD
HUDSON SUSAN D 2026 ADDITIONAL HOMESTEAD
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 3630
Acres : .33
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 1965
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 CONCRETE TILE
Interior Wall 1 DRYWALL
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
BAS Base Area 96
FOP Finished Open Porch 48
FGR Finished Garage 550
BAS Base Area 2936
Total Square Footage 3630
Area Under Air 3032
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Wall 1965 54
Patio 1965 275
Pool - In-Ground 1981 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.3293
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $93,351 $83,259 $72,017 $237,656 $129,360
Land Value $6,721,380 $6,723,743 $7,177,237 $5,858,268 $4,784,265
Total Market Value $6,814,731 $6,807,002 $7,249,254 $6,095,924 $4,913,625
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $2,761,961 $2,689,349 $2,613,556 $2,537,433 $2,463,527
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $2,710,550 $2,638,627 $2,563,556 $2,487,433 $2,413,527
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $40,345 $39,396 $38,279 $37,504 $37,561
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $40,562 $39,601 $38,473 $37,692 $37,745
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov