Property Detail
Location Address :
242 COLONIAL LN
Municipality :
PALM BEACH
Parcel Control Number :
50-43-43-03-11-000-0471
Subdivision :
EL ENCANTO PL 2
Official Records Book/Page :
28404
/
1621
Sale Date :
06/29/2016
Legal Description :
EL ENCANTO PLAT 2 W 75 FT OF E 90 FT OF LT 47 /LESS S 12 FT/ & 10 FT STRIP ADJ THERETO ON NORTH
Owner Information
Owner(s)
Mailing Address
LIEB JOSEPH
242 COLONIAL LN
PALM BEACH FL 33480 3213
Sales Information
Sales Date
Price
OR Book/Page
Sale Type
Owner
06/29/2016
$2,152,585
28404 / 01621
WARRANTY DEED
LIEB JOSEPH
12/28/2011
$950,000
24938 / 00505
WARRANTY DEED
REYNOLDS ROCHELLE E
03/17/2005
$1,000,000
18318 / 01114
WARRANTY DEED
REYNCO INC
03/01/1994
$295,000
08193 / 00874
WARRANTY DEED
12/01/1988
$270,000
05903 / 01138
WARRANTY DEED
01/01/1977
$135,000
02688 / 01482
01/01/1969
$40,000
01754 / 00795
WARRANTY DEED
Exemption Information
Applicant/Owner(s)
Year
Detail
LIEB JOSEPH
2026
HOMESTEAD
LIEB JOSEPH
2026
ADDITIONAL HOMESTEAD
Appraisals
Tax Year
2026
2025
2024
2023
2022
Improvement Value
$401,650
$412,774
$371,819
$1,263,092
$700,451
Land Value
$3,255,675
$3,414,525
$3,461,100
$2,712,544
$2,172,525
Total Market Value
$3,657,325
$3,827,299
$3,832,919
$3,975,636
$2,872,976
Assessed and Taxable Values
Tax Year
2026
2025
2024
2023
2022
Assessed Value
$1,545,110
$1,504,489
$1,462,088
$1,419,503
$1,378,158
Exemption Amount
$51,411
$50,722
$50,000
$50,000
$50,000
Taxable Value
$1,493,699
$1,453,767
$1,412,088
$1,369,503
$1,328,158
Taxes
Tax Year
2026
2025
2024
2023
2022
AD VALOREM
$22,307
$21,779
$21,156
$20,721
$20,743
NON AD VALOREM
$966
$954
$943
$868
$864
TOTAL TAX
$23,273
$22,732
$22,099
$21,590
$21,607
Dorothy Jacks, CFA, AAS PALM BEACH COUNTY PROPERTY APPRAISER www.pbcpao.gov