Property Detail
Location Address : 1040 SW 15TH ST
Municipality : BOCA RATON
Parcel Control Number : 06-42-47-36-01-019-0061
Subdivision : PALM BEACH FARMS CO PL 10 OF NORTH DEERFIELD PB6P11-14, ADJ LTS 1 OWNRSHP COMB/W HILLSBORO
Official Records Book/Page : 34895 / 1187
Sale Date : 02/22/2024
Legal Description : PALM BEACH FARMS CO PL 10 OF NORTH DEERFIELD W 20 FT OF LT 6 & LTS 7 & 8 BLK 19
Owner Information
Owner(s) Mailing Address
LUDLOW MICHAEL PAUL
LUDLOW MICHAEL PAUL TR
MICHAEL PAUL LUDLOW TR TITL HLDR
1040 SW 15TH ST
BOCA RATON FL 33486 6858
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
02/22/2024 $1,100,000 34895 / 01187 WARRANTY DEED LUDLOW MICHAEL P TRUST
02/10/2022 $10 33317 / 00465 QUIT CLAIM FRIEDMAN FRANCES G
01/16/2020 $10 31178 / 01115 QUIT CLAIM FRIEDMAN FRANCES G
08/30/2012 $440,000 25459 / 01597 WARRANTY DEED FRIEDMAN FRANCES G &
10/23/2009 $427,500 23512 / 01169 WARRANTY DEED SIROTKIN LORI A
09/01/1992 $151,500 07424 / 00377 WARRANTY DEED
06/01/1988 $100 05738 / 00565 QUIT CLAIM
01/01/1984 $149,100 04136 / 01141 WARRANTY DEED
01/01/1979 $29,000 03202 / 00641
Exemption Information
Applicant/Owner(s) Year Detail
LUDLOW MICHAEL PAUL 2025 HOMESTEAD
LUDLOW MICHAEL PAUL 2025 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $372,200 $263,265 $278,005 $220,520 $187,085
Land Value $558,433 $547,995 $547,995 $474,450 $287,500
Total Market Value $930,633 $811,260 $826,000 $694,970 $474,585
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $592,125 $481,566 $467,540 $453,922 $440,701
Exemption Amount $50,722 $55,000 $55,000 $50,500 $50,500
Taxable Value $541,403 $426,566 $412,540 $403,422 $390,201
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $9,369 $7,415 $7,241 $7,247 $7,218
NON AD VALOREM $362 $349 $343 $339 $323
TOTAL TAX $9,731 $7,764 $7,584 $7,586 $7,541
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov