1002 FAULKNER TER, PALM BEACH GARDENS, FL 33418

Parcel: 52424126020000290 · Single Family · Zoning: 001

Assessed Value (2026)
$884,183

Property Details

Year Built
2024
Lot Sqft
5,201

Sales History

1
$1,700,000
2024-12-01
2
$1,700,000
2024-12-02
3
$1,700,000
2024-12-16

Tax Assessment History

$884,183
Assessed (2026)
$1,331,007
Market Value
$833,461
Taxable Value
$16,969
Annual Tax
2025
$884,183
$1,331,007
2026
$884,183
$1,331,007
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $884,183 $1,331,007 $833,461 $16,969
2025 $884,183 $1,331,007 $859,183 $17,492

About 1002 FAULKNER TER, PALM BEACH GARDENS, FL 33418

1002 FAULKNER TER, PALM BEACH GARDENS, FL 33418 is a property built in 2024 on a 5,201 square foot lot. The property is currently owned by BROWN COREY R &, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-12-16 for $1,700,000. There are 3 recorded sales for this property. The 2026 assessed value is $884,183 with a market value of $1,331,007.

This breaks down to $390,000 for the land and $941,007 for the building. The property has the following tax exemptions: homestead. The median household income in this area is $115,285, and the median home value is $599,400.

The population density is 2,095 people per square mile. There are active mortgage liens totaling $688,582 recorded against this property. 1002 FAULKNER TER, PALM BEACH GARDENS, FL 33418 is located in PALM BEACH GARDENS, Florida.

Property records, tax assessments, sales history, and ownership information for this PALM BEACH GARDENS property are sourced from palm_beach County public records. The complete ownership history of this property spans from 2024 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 52% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

BROWN COREY R &
1002 FAULKNER TER, PALM BEACH GARDENS, Florida, 33418
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$5,174 — $8,757
Flood $400 — $800
Property/Wind $4,774 — $7,957

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$115,285
Median Home Value$599,400
Pop. Density2,095/sq mi

Neighborhood 33418

77.5%
Owner-Occ
22.5%
Investor
3,637
Flips (4yr)
3,544
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →

Mortgages

ACTIVE
$700,000
~$688,582 bal.
CTC MORTGAGE COMPANY LLC · 2024-12-16
Est. Total Balance $688,582
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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