215 COLONIAL LN, PALM BEACH, FL 33480
Parcel: 50434303110000282 · Single Family · Zoning: 001
Assessed Value (2026)
$2,870,955
Property Details
Year Built
1956
Lot Sqft
8,370
Sales History
1
$2,495,000
2020-10-15
Tax Assessment History
$2,870,955
Assessed (2026)
$4,925,276
Market Value
$2,870,955
Taxable Value
$58,450
Annual Tax
2025
$4,925,276
2026
$2,870,955
$4,925,276
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $2,870,955 | $4,925,276 | $2,870,955 | $58,450 | $4,497,750 | $427,526 |
| 2025 | $4,925,276 | $4,925,276 | $4,925,276 | $100,275 | $4,497,750 | $427,526 |
About 215 COLONIAL LN, PALM BEACH, FL 33480
215 COLONIAL LN, PALM BEACH, FL 33480 is a property built in 1956 on a 8,370 square foot lot. The property is currently owned by MENDELL JOHN R JR & RAPHAEL MARA, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2020-10-15 for $2,495,000. The 2026 assessed value is $2,870,955 with a market value of $4,925,276. This breaks down to $4,497,750 for the land and $427,526 for the building.
The assessed value decreased 42% from $4,925,276 in 2025. The median household income in this area is $250,001, and the median home value is $2,000,001. The population density is 1,713 people per square mile.
There are active mortgage liens totaling $1,393,810 recorded against this property. 215 COLONIAL LN, PALM BEACH, FL 33480 is located in PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records.
The current assessed value represents 115% of the most recent sale price..
Current Owner
MENDELL JOHN R JR & RAPHAEL MARA
250 QUEENS LN, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$31,406 — $57,644
Flood $400 — $800
Property/Wind $31,006 — $56,844
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$250,001
Median Home Value$2,000,001
Pop. Density1,713/sq mi
Neighborhood 33480
84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$1,497,000
WELLS FARGO BANK NA · 2020-10-21
Est. Total Balance $1,393,810
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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