Property Detail
Location Address :
1123 N LAKE WAY
Municipality :
PALM BEACH
Parcel Control Number :
50-43-43-03-11-000-0361
Subdivision :
EL ENCANTO PL 2
Official Records Book/Page :
26593
/
694
Sale Date :
01/24/2014
Legal Description :
EL ENCANTO PLAT NO 2 W 1/2 OF LT 36 & LT 37
Owner Information
Owner(s)
Mailing Address
RICH THOMAS L
1123 N LAKE WAY
PALM BEACH FL 33480 3214
Sales Information
Sales Date
Price
OR Book/Page
Sale Type
Owner
01/24/2014
$2,000,000
26593 / 00694
WARRANTY DEED
RICH THOMAS L
12/29/2012
$10
25684 / 01628
WARRANTY DEED
1123 NORTH LAKE WAY LLC
02/01/2010
$2,244,000
23674 / 00384
WARRANTY DEED
RICH THOMAS L
06/29/2007
$2,900,000
21895 / 01462
WARRANTY DEED
MOORE VICTOR &
12/02/2003
$1,800,000
16258 / 01015
WARRANTY DEED
BORMAN MICHAEL J &
09/13/1999
$1,100,000
11348 / 00367
WARRANTY DEED
BRADFIELD GEOFFREY
04/14/1998
$100
10373 / 01624
LIFE ESTATE
UNIVERSITY MI
10/10/1988
$900,000
05869 / 00303
WARRANTY DEED
08/01/1986
$650,000
04997 / 01729
WARRANTY DEED
05/01/1981
$140,000
03527 / 01937
WARRANTY DEED
Exemption Information
Applicant/Owner(s)
Year
Detail
RICH THOMAS L
2026
HOMESTEAD
RICH THOMAS L
2026
ADDITIONAL HOMESTEAD
Appraisals
Tax Year
2026
2025
2024
2023
2022
Improvement Value
$325,896
$346,696
$321,379
$1,091,581
$939,497
Land Value
$6,522,030
$6,534,360
$6,955,560
$5,617,553
$4,564,980
Total Market Value
$6,847,926
$6,881,056
$7,276,939
$6,709,134
$5,504,477
Assessed and Taxable Values
Tax Year
2026
2025
2024
2023
2022
Assessed Value
$3,942,502
$3,838,853
$3,730,664
$3,622,004
$3,516,509
Exemption Amount
$51,411
$50,722
$50,000
$50,000
$50,000
Taxable Value
$3,891,091
$3,788,131
$3,680,664
$3,572,004
$3,466,509
Taxes
Tax Year
2026
2025
2024
2023
2022
AD VALOREM
$57,844
$56,488
$54,891
$53,786
$53,877
NON AD VALOREM
$1,216
$1,203
$1,192
$1,095
$1,091
TOTAL TAX
$59,060
$57,692
$56,083
$54,882
$54,968
Dorothy Jacks, CFA, AAS PALM BEACH COUNTY PROPERTY APPRAISER www.pbcpao.gov