Property Detail
Location Address : 140 AUSTRALIAN AVE
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-23-05-008-0470
Subdivision : ROYAL PARK ADD TO P B IN
Official Records Book/Page : 25402 / 955
Sale Date : 08/27/2012
Legal Description : ROYAL PARK ADD LTS 47 & 48 BLK 8
Owner Information
Owner(s) Mailing Address
ELGHANAYAN STEVEN &
RAD ELIZABETH
 140 AUSTRALIAN AVE
PALM BEACH FL 33480 4435
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
08/27/2012 $2,150,000 25402 / 00955 WARRANTY DEED ELGHANAYAN STEVEN &
06/01/2011 $10 24592 / 01601 DEED OF TRUST YOUNG WILLIAM TANDY III &
06/01/2011 $10 24592 / 01599 DEED OF TRUST YOUNG WILLIAM TANDY III &
06/01/2011 $10 24592 / 01597 DEED OF TRUST YOUNG WILLIAM TANDY III &
09/21/2009 $10 23496 / 01366 DEED OF TRUST YOUNG WILLIAM T III FAMILY TRUST &
09/21/2009 $10 23496 / 01363 DEED OF TRUST WILLIAM TANDY YOUNG III FAMILY TRUST &
09/21/2009 $10 23496 / 01360 DEED OF TRUST WILLIAM TANDY YOUNG III FAMILY TRUST &
08/31/2007 $1 22080 / 01885 DEED OF TRUST DIXON FRANCIGENE S
08/31/2007 $1 22080 / 01881 DEED OF TRUST YOUNG SHERIDAN TR
08/31/2007 $1 22080 / 01877 DEED OF TRUST YOUNG SHERIDAN TR
10/24/2003 $10 16151 / 01506 WARRANTY DEED DIXON FRANCIGENE S
10/01/1998 $850,000 10689 / 00798 REP DEED DIXON FRANCIGENE
12/01/1993 $100 08057 / 00641 LIFE ESTATE
Exemption Information
Applicant/Owner(s) Year Detail
ELGHANAYAN STEVEN & 2026 HOMESTEAD
ELGHANAYAN STEVEN & 2026 ADDITIONAL HOMESTEAD
RAD ELIZABETH 2026 HOMESTEAD
RAD ELIZABETH 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $5,174,115 $4,990,666 $4,504,464 $3,603,025 $2,817,598
Land Value $10,250,000 $9,687,500 $8,125,000 $6,825,000 $5,574,050
Total Market Value $15,424,115 $14,678,166 $12,629,464 $10,428,025 $8,391,648
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $5,806,789 $5,654,128 $5,494,779 $5,334,737 $5,179,356
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $5,755,378 $5,603,406 $5,444,779 $5,284,737 $5,129,356
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $85,478 $83,480 $81,124 $79,499 $79,643
NON AD VALOREM $966 $954 $943 $868 $864
TOTAL TAX $86,444 $84,433 $82,067 $80,367 $80,507
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov