Property Detail
Location Address : 118 MAGNOLIA WAY
Municipality : TEQUESTA
Parcel Control Number : 60-42-40-25-45-000-0530
Subdivision : RIVERSIDE OAKS REPL
Official Records Book/Page : 32860 / 649
Sale Date : 09/03/2021
Legal Description : RIVERSIDE OAKS REPL LT 53
Owner Information
Owner(s) Mailing Address
LYMAN RAY
118 MAGNOLIA WAY
TEQUESTA FL 33469 2132
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
09/03/2021 $770,000 32860 / 00649 WARRANTY DEED LYMAN RAY
05/30/2012 $373,250 25247 / 00472 WARRANTY DEED MCQUINN ARTHUR W &
09/05/2007 $519,600 22104 / 00908 WARRANTY DEED STRAUSS LEO JR &
04/15/2004 $490,000 16872 / 01430 WARRANTY DEED SOLTERS JOSEPH J
09/09/2003 $428,448 15957 / 01337 WARRANTY DEED CHAPMAN MARJORIE
Exemption Information
Applicant/Owner(s) Year Detail
LYMAN RAY 2026 HOMESTEAD
LYMAN RAY 2026 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 3696
Acres : .27
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-1—SINGLE FAMILY (60-TEQUESTA)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type SFR
Exterior Wall 1 MSY: CB STUCCO
Year Built 2003
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 4
Full Baths 3
Half Baths 1
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CERAMIC/QUARRY TILE
Floor Type 2 CARPETING
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
UOP Unfinished Open Porch 208
BAS Base Area 1708
FOP Finished Open Porch 208
FOP Finished Open Porch 64
FUS Finished Upper Story 928
FGR Finished Garage 580
Total Square Footage 3696
Area Under Air 2636
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 2003 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR WATER R-1 0.2736
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $478,960 $474,663 $481,950 $408,182 $351,532
Land Value $460,000 $380,000 $365,000 $265,000 $198,000
Total Market Value $938,960 $854,663 $846,950 $673,182 $549,532
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $734,889 $714,178 $693,377 $673,182 $334,713
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $684,167 $664,178 $643,377 $623,182 $284,713
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $13,394 $13,010 $12,703 $12,683 $6,046
NON AD VALOREM $604 $566 $512 $495 $461
TOTAL TAX $13,997 $13,576 $13,215 $13,178 $6,507
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov