Horse Dung.No it's not, don't know what case you are referring to.
This is the case where the Judge mentioned that MAL has an assessed tax value of $18M in 2011 (true) and an assessed tax value of $27.6M in 2021 (also true). He did not claim those values were the "worth" of MAL.
WW
The property was worth more than $18 million in the 70s. Trump bought it for $10 million but it was in disrepair. So he did improvements on the property, plus he turned it into a golf club where members pay $500k/yr to generate cash flow as much as $250 million/yr.
A much smaller property in Palm Beach once owned by the Kennedy dynasty went for $70 million 3 years ago.
The tax value is $30 million only because golf clubs are rarely sold or built making it impossible for them to tax at current rates because there are no properties similar in the area. The pedo judge wants to treat Trump's estate like it's a home, not a golf club. The fact that it's a golf/social club raises the value of the property.