Property Detail
Location Address : 111 MADRID ST
Municipality : ROYAL PALM BEACH
Parcel Control Number : 72-41-43-14-02-029-0360
Subdivision : LA MANCHA TWO
Official Records Book/Page : 25595 / 1809
Sale Date : 11/13/2012
Legal Description : LA MANCHA TWO LT 36 BLK CC
Owner Information
Owner(s) Mailing Address
WELTER JOHN
111 MADRID ST
ROYAL PALM BEACH FL 33411 1145
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
11/13/2012 $175,000 25595 / 01809 WARRANTY DEED WELTER JOHN
05/08/2012 $120,300 25191 / 01544 CERT OF TITLE ANAVIA FINANCIAL HOME TRUST INC
01/12/2006 $310,000 19812 / 01393 WARRANTY DEED ABDELFATTAH YAMEN &
01/29/1998 $114,000 10204 / 01932 WARRANTY DEED PEREZ DONNA & HERIBERTO
01/01/1986 $82,500 04813 / 01195 WARRANTY DEED
09/01/1985 $100 04657 / 00132 CERT OF TITLE
11/01/1983 $96,100 04095 / 00528 WARRANTY DEED
08/01/1983 $14,500 04019 / 01783 WARRANTY DEED
07/01/1981 $8,000 03572 / 00185 WARRANTY DEED
Exemption Information
Applicant/Owner(s) Year Detail
WELTER JOHN 2026 HOMESTEAD
WELTER JOHN 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $219,873 $222,609 $222,609 $207,300 $169,960
Land Value $167,000 $143,000 $145,775 $111,320 $88,000
Total Market Value $386,873 $365,609 $368,384 $318,620 $257,960
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $165,355 $160,695 $156,015 $151,471 $147,059
Exemption Amount $50,722 $50,000 $50,000 $50,000 $50,000
Taxable Value $114,633 $110,695 $106,015 $101,471 $97,059
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $2,247 $2,172 $2,106 $2,066 $2,044
NON AD VALOREM $205 $194 $188 $184 $178
TOTAL TAX $2,452 $2,366 $2,294 $2,250 $2,222
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov