Property Detail
Location Address : 242 CHERRY LN
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-10-09-000-0050
Subdivision : CHERRY LANE IN
Official Records Book/Page : 28283 / 1896
Sale Date : 05/04/2016
Legal Description : CHERRY LANE LT 5
Owner Information
Owner(s) Mailing Address
242 CHERRY LANE LLC
366 W SUPERIOR ST UNIT 703
CHICAGO IL 60654 3620
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
05/04/2016 $2,350,000 28283 / 01896 WARRANTY DEED 242 CHERRY LANE LLC
04/09/2015 $1,249,000 27464 / 00232 WARRANTY DEED POHRER GARY B JR
12/22/2014 $1,150,700 27234 / 01009 CERT OF TITLE CENTRAL MORTGAGE COMPANY
04/26/2005 $1,150,000 18490 / 01942 WARRANTY DEED SMITH CHARLES W
06/05/2003 $825,000 15330 / 00853 WARRANTY DEED CURRAN MORTIMER F
05/24/2002 $35,000 13740 / 01250 WARRANTY DEED KAUPER G GERARD &
07/01/1998 $100 10496 / 00172 WARRANTY DEED
03/01/1996 $100 09159 / 00138 REP DEED
01/01/1970 $47,200 01857 / 01551
Exemption Information
No Exemption Information Available.
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $267,079 $279,637 $688,043 $737,275 $729,888
Land Value $5,492,500 $5,150,000 $5,400,000 $5,100,000 $3,850,000
Total Market Value $5,759,579 $5,429,637 $6,088,043 $5,837,275 $4,579,888
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $3,800,600 $3,455,091 $3,140,992 $2,855,447 $2,595,861
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $3,800,600 $3,455,091 $3,140,992 $2,855,447 $2,595,861
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $68,652 $63,855 $65,315 $62,121 $53,157
NON AD VALOREM $217 $205 $194 $188 $184
TOTAL TAX $68,869 $64,060 $65,509 $62,309 $53,341
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov