Property Detail
Location Address : 242 CHERRY LN
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-10-09-000-0050
Subdivision : CHERRY LANE IN
Official Records Book/Page : 28283 / 1896
Sale Date : 05/04/2016
Legal Description : CHERRY LANE LT 5
Owner Information
Owner(s) Mailing Address
242 CHERRY LANE LLC
 366 W SUPERIOR ST UNIT 703
CHICAGO IL 60654 3620
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/04/2016 $2,350,000 28283 / 01896 WARRANTY DEED 242 CHERRY LANE LLC
04/09/2015 $1,249,000 27464 / 00232 WARRANTY DEED POHRER GARY B JR
12/22/2014 $1,150,700 27234 / 01009 CERT OF TITLE CENTRAL MORTGAGE COMPANY
04/26/2005 $1,150,000 18490 / 01942 WARRANTY DEED SMITH CHARLES W
06/05/2003 $825,000 15330 / 00853 WARRANTY DEED CURRAN MORTIMER F
05/24/2002 $35,000 13740 / 01250 WARRANTY DEED KAUPER G GERARD &
07/01/1998 $100 10496 / 00172 WARRANTY DEED
03/01/1996 $100 09159 / 00138 REP DEED
01/01/1970 $47,200 01857 / 01551
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel : 1
*Total Square Feet : 3440
Acres : .23
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 SFR
Exterior Wall 1 MSY: CB STUCCO
Year Built 1955
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 CARPETING
Floor Type 2 N/A
Stories 1
Subarea and Square Footage for Building 1
Code Description square Footage
FOP Finished Open Porch 55
FGR Finished Garage 420
BAS Base Area 1740
BAS Base Area 1225
Total Square Footage 3440
Area Under Air 2965
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Patio 1997 622
Pool - In-Ground 1997 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-B 0.2296
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $267,079 $279,637 $688,043 $737,275 $729,888
Land Value $5,492,500 $5,150,000 $5,400,000 $5,100,000 $3,850,000
Total Market Value $5,759,579 $5,429,637 $6,088,043 $5,837,275 $4,579,888
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $3,800,600 $3,455,091 $3,140,992 $2,855,447 $2,595,861
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $3,800,600 $3,455,091 $3,140,992 $2,855,447 $2,595,861
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $68,652 $63,855 $65,315 $62,121 $53,157
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $68,869 $64,060 $65,509 $62,309 $53,341
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov