1501 40TH ST, WEST PALM BEACH, FL 33407
Parcel: 74434305020090150 · Single Family · Zoning: 001
Assessed Value (2026)
$207,387
Property Details
Year Built
1970
Lot Sqft
9,912
Sales History
1
$205,000
2016-07-26
Tax Assessment History
$207,387
Assessed (2026)
$344,200
Market Value
$156,665
Taxable Value
$3,190
Annual Tax
2025
$207,387
$344,200
2026
$207,387
$344,200
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $207,387 | $344,200 | $156,665 | $3,190 | $145,000 | $199,200 |
| 2025 | $207,387 | $344,200 | $182,387 | $3,713 | $145,000 | $199,200 |
About 1501 40TH ST, WEST PALM BEACH, FL 33407
1501 40TH ST, WEST PALM BEACH, FL 33407 is a property built in 1970 on a 9,912 square foot lot. The property is currently owned by HUTCHINSON PHILLIP W &, 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 2016-07-26 for $205,000. The 2026 assessed value is $207,387 with a market value of $344,200. This breaks down to $145,000 for the land and $199,200 for the building.
The property has the following tax exemptions: homestead. The median household income in this area is $55,640, and the median home value is $279,100. The population density is 4,712 people per square mile.
There are active mortgage liens totaling $214,895 recorded against this property. 1501 40TH ST, WEST PALM BEACH, FL 33407 is located in WEST PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this WEST PALM BEACH property are sourced from palm_beach County public records.
The current assessed value represents 101% of the most recent sale price..
Current Owner
HUTCHINSON PHILLIP W &
1501 40TH ST, WEST PALM BEACH, Florida, 33407
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$2,266 — $4,159
Flood $400 — $800
Property/Wind $1,866 — $3,359
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$55,640
Median Home Value$279,100
Pop. Density4,712/sq mi
Neighborhood 33407
46.3%
Owner-Occ
53.7%
Investor
5,086
Flips (4yr)
4,003
New Biz (3yr)
Distress Risk
MODERATE
37
Mortgages
ACTIVE
$226,648
FREEDOM MORTGAGE CORP · 2021-12-06
Est. Total Balance $214,895
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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