1197 FAULKNER TER, PALM BEACH GARDENS, FL 33418
Parcel: 52424126020003500 · Single Family · Zoning: 001
Assessed Value (2026)
$1,135,792
Property Details
Year Built
2020
Lot Sqft
5,201
Sales History
1
$861,311
2020-06-19
Tax Assessment History
$1,135,792
Assessed (2026)
$1,406,519
Market Value
$1,135,792
Taxable Value
$23,124
Annual Tax
2025
$1,406,519
2026
$1,135,792
$1,406,519
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,135,792 | $1,406,519 | $1,135,792 | $23,124 | $550,000 | $856,519 |
| 2025 | $1,406,519 | $1,406,519 | $1,406,519 | $28,636 | $550,000 | $856,519 |
About 1197 FAULKNER TER, PALM BEACH GARDENS, FL 33418
1197 FAULKNER TER, PALM BEACH GARDENS, FL 33418 is a property built in 2020 on a 5,201 square foot lot. The property is currently owned by YANG JUN, recorded as of 2026-04-01. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2020-06-19 for $861,311. The 2026 assessed value is $1,135,792 with a market value of $1,406,519. This breaks down to $550,000 for the land and $856,519 for the building.
The assessed value decreased 19% from $1,406,519 in 2025. 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.
1197 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 current assessed value represents 132% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Est. Annual Insurance
$6,533 — $11,022
Flood $400 — $800
Property/Wind $6,133 — $10,222
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
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