Property Detail
Location Address : 111 MADRID ST
Municipality : ROYAL PALM BEACH
Parcel Control Number : 72-41-43-14-02-029-0360
Subdivision : LA MANCHA TWO
Official Records Book/Page : 25595 / 1809
Sale Date : 11/13/2012
Legal Description : LA MANCHA TWO LT 36 BLK CC
Owner Information
Owner(s) Mailing Address
WELTER JOHN
 111 MADRID ST
ROYAL PALM BEACH FL 33411 1145
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
11/13/2012 $175,000 25595 / 01809 WARRANTY DEED WELTER JOHN
05/08/2012 $120,300 25191 / 01544 CERT OF TITLE ANAVIA FINANCIAL HOME TRUST INC
01/12/2006 $310,000 19812 / 01393 WARRANTY DEED ABDELFATTAH YAMEN &
01/29/1998 $114,000 10204 / 01932 WARRANTY DEED PEREZ DONNA & HERIBERTO
01/01/1986 $82,500 04813 / 01195 WARRANTY DEED
09/01/1985 $100 04657 / 00132 CERT OF TITLE
11/01/1983 $96,100 04095 / 00528 WARRANTY DEED
08/01/1983 $14,500 04019 / 01783 WARRANTY DEED
07/01/1981 $8,000 03572 / 00185 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
WELTER JOHN 2026 HOMESTEAD
WELTER JOHN 2026 ADDITIONAL HOMESTEAD
Property Information
Number of Units : 1
*Total Square Feet : 2468
Acres : .23
Property Use Code : 0100—SINGLE FAMILY
Zoning : RS-2—SINGLE-FAMILY RESIDENTIAL (72-ROYAL PALM BEACH)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type SFR
Exterior Wall 1 MSY: CB STUCCO
Year Built 1983
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 3
Full Baths 2
Half Baths 0
Exterior Wall 2 NONE
Roof Structure GABLE/HIP
Roof Cover ASPHALT/COMPOSITION
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1
Subarea and Square Footage for Building 1
Code Description square Footage
BAS Base Area 1414
FSP Finished Screened Porch 480
FOP Finished Open Porch 70
FGR Finished Garage 504
Total Square Footage 2468
Area Under Air 1414
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Pool - In-Ground 1983 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR RS-2 0.2296
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $219,873 $222,609 $222,609 $207,300 $169,960
Land Value $167,000 $143,000 $145,775 $111,320 $88,000
Total Market Value $386,873 $365,609 $368,384 $318,620 $257,960
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $165,355 $160,695 $156,015 $151,471 $147,059
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $114,633 $110,695 $106,015 $101,471 $97,059
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $2,247 $2,172 $2,106 $2,066 $2,044
NON AD VALOREM $205 $194 $188 $184 $178
TOTAL TAX $2,452 $2,366 $2,294 $2,250 $2,222
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov