Property Detail
Location Address :
240 BANYAN RD
Municipality :
PALM BEACH
Parcel Control Number :
50-43-43-26-00-002-0530
Subdivision :
Official Records Book/Page :
27809
/
1174
Sale Date :
09/11/2015
Legal Description :
26-43-43, IRREG PAR OF NLY 145.28 FT OF WLY 261.58 FT OF GOV LT 2 LYG S OF & ADJ TO BANYON RD & E OF LAKE WORTH
Owner Information
Owner(s)
Mailing Address
240 BANYAN LAND TRUST
HANLON M TIMOTHY TR
M TIMOTHY HANLON TR TITL HLDR
240 BANYAN RD
PALM BEACH FL 33480 4804
Sales Information
Sales Date
Price
OR Book/Page
Sale Type
Owner
09/11/2015
$20,760,000
27809 / 01174
WARRANTY DEED
240 BANYAN LAND TRUST
06/23/2015
$17,400,000
27635 / 01801
WARRANTY DEED
DEW REVOCABLE TRUST
07/29/2011
$10
24683 / 00993
LIFE ESTATE
CONDREN MARY JO
01/01/1995
$5,000,000
08585 / 01160
WARRANTY DEED
Exemption Information
No Exemption Information Available.
Property Information
Total Number of Units Per Parcel :
1
*Total Square Feet :
11365
Acres :
.75
Property Use Code :
0100—SINGLE FAMILY
Zoning :
R-A—ESTATE RESIDENTIAL (50-PALM BEACH)
Building Details
Structural Details
Structural Element for Building 1
Bldg Type
EXC-LUX.RES
Exterior Wall 1
MSY: CB STUCCO
Year Built
1991
Air Condition Desc.
HTG & AC
Heat Type
FORCED AIR DUCT
Heat Fuel
ELECTRIC
Bed Rooms
4
Full Baths
5
Half Baths
2
Exterior Wall 2
NONE
Roof Structure
GABLE/HIP
Roof Cover
CLAY/BERMUDA TILE
Interior Wall 1
DRYWALL
Interior Wall 2
N/A
Floor Type 1
MARBLE
Floor Type 2
HARDWOOD
Stories
2
Subarea and Square Footage for Building 1
Code Description
square Footage
UOP Unfinished Open Porch
24
BAS Base Area
4113
BAS Base Area
1082
FOP Finished Open Porch
42
FGR Finished Garage
962
UOP Unfinished Open Porch
350
FUS Finished Upper Story
3971
FST Finished Storage
120
FOP Finished Open Porch
280
FOP Finished Open Porch
421
Total Square Footage
11365
Area Under Air
9166
Sketch for Building 1
Property Extra Feature
Description
Year Built
Units
Pool - In-Ground
2017
1
Boat Dock
2017
1400
Fountain
1991
1
Elevator
1991
1
Wall
1991
640
Property Land Details
Land Line #
Description
Zoning
Acres
1
INTRACOASTAL
R-A
0.7477
Appraisals
Tax Year
2026
2025
2024
2023
2022
Improvement Value
$6,593,159
$6,775,161
$9,062,507
$8,103,965
$7,611,443
Land Value
$35,824,800
$36,249,920
$35,824,800
$24,920,372
$20,655,600
Total Market Value
$42,417,959
$43,025,081
$44,887,307
$33,024,337
$28,267,043
Assessed and Taxable Values
Tax Year
2026
2025
2024
2023
2022
Assessed Value
$19,618,752
$19,102,972
$18,564,599
$18,023,883
$17,498,916
Exemption Amount
$56,411
$55,722
$55,000
$55,000
$50,500
Taxable Value
$19,562,341
$19,047,250
$18,509,599
$17,968,883
$17,448,416
Taxes
Tax Year
2026
2025
2024
2023
2022
AD VALOREM
$290,139
$283,376
$275,403
$269,921
$270,528
NON AD VALOREM
$1,433
$1,408
$1,386
$1,283
$1,275
TOTAL TAX
$291,571
$284,785
$276,789
$271,204
$271,803
Dorothy Jacks, CFA, AAS PALM BEACH COUNTY PROPERTY APPRAISER www.pbcpao.gov