Property Detail
Location Address : 5574 3RD RD
Municipality : UNINCORPORATED
Parcel Control Number : 00-42-43-27-05-032-2251
Subdivision : PALM BEACH FARMS CO PL NO 3
Official Records Book/Page : 15702 / 36
Sale Date : 07/30/2003
Legal Description : PALM BEACH FARMS CO PL NO 3 N 71.40 FT OF S 304.45 FT OF TR 74 (LESS W 25 FT 3RD RD R/WPER RES 74-646) BLK 32
Owner Information
Owner(s) Mailing Address
BROWN SHARON K
MERCADO LUIS C &
5574 3RD RD
LAKE WORTH FL 33467 5634
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
07/30/2003 $200,000 15702 / 00036 WARRANTY DEED MERCADO LUIS C &
01/01/1997 $100 09714 / 01816 QUIT CLAIM
05/01/1993 $110,500 07733 / 00522 WARRANTY DEED
11/01/1987 $84,300 05476 / 01339 WARRANTY DEED
02/01/1983 $59,900 03888 / 00273 WARRANTY DEED
11/01/1982 $13,000 03835 / 01023 WARRANTY DEED
01/01/1977 $7,000 02673 / 00882
Exemption Information
Applicant/Owner(s) Year Detail
MERCADO LUIS C & 2026 HOMESTEAD
MERCADO LUIS C & 2026 ADDITIONAL HOMESTEAD
BROWN SHARON K 2026 HOMESTEAD
BROWN SHARON K 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $270,071 $262,882 $240,157 $257,743 $222,601
Land Value $200,940 $200,940 $197,000 $265,900 $227,997
Total Market Value $471,011 $463,822 $437,157 $523,643 $450,598
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $184,962 $180,099 $175,023 $169,925 $164,976
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $133,551 $129,377 $125,023 $119,925 $114,976
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $2,332 $2,267 $2,193 $2,131 $2,099
NON AD VALOREM $577 $545 $530 $511 $508
TOTAL TAX $2,909 $2,811 $2,722 $2,641 $2,606
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov