NOT LISTED FOR SALE

1704 Magnolia Dr West Palm Beach, FL 33417

Estimated Value: $460,104 - $646,000

0.26 Acre
$2,099,226 Price per Acre
11,211 Sq Ft Lot

Last Sold October 01, 2020

Last sale price $87,000

Est. 521% increase in value since last sale

Current estimated payment $3,523/month

39 Days on Market

About This Lot

As of October 2020

This is an oversized lot that zoned RM for single family or medium density multi-family. New home construction in neighborhood already happening! Existing mobile home on property now. Septic and utilities existing. Quiet, dead end road. Please do not disturb tenants. LA must accompany.

Last Agent to Sell the Property

Kelly Schmidt

Illustrated Properties License #619810 Listed on: 07/23/2020

Illustrated Properties

Last Buyer's Agent

Kelly Schmidt

Illustrated Properties License #619810 Listed on: 07/23/2020

Illustrated Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,230

Year Built

  • 2021

Lot Details

  • 0.26 Acre Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RM

Location

  • City Lot

Community Details

  • Plantation Village Unrec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424326040030140

Property Details

Property Type

Land

Est. Annual Taxes

$1,230

Year Built

2021

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: OKEECHOBEE TO BREEZY LN S. WHITEHALL E TO MAGNOLIA N. PROPERTY ON THE RIGHT.
  • Special Features: None
  • Year Built (Public Record): 2021

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 00424326040030140
  • Current Use: Multi-Family
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 11211.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1230.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Modern Pro Shell Corp
Bought by
Garcia Nestor Gonzalez and Perdigon Yudenia Gumzan
Total Days on Market
39
Current Estimated Value
$540,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Outstanding Balance
$318,685
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$228,395

Purchase Details

Closed on
Dec 30, 2020
Sold by
Elegance Construction Llc
Bought by
Modern Pro Shell Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 29, 2020
Sold by
Perry Kelly
Bought by
Elegance Global Construction Llc
Seller's Agent
Kelly Schmidt
Illustrated Properties
Buyer's Agent
Kelly Schmidt
Illustrated Properties
List Price
$140,000
Sold Price
$87,000
Premium/Discount to List
-$53,000
-37.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.00%

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 1, 2020
Sold by
Perry Kelly
Bought by
Elegance Global Construction Llc
Seller's Agent
Kelly Schmidt
Illustrated Properties
Buyer's Agent
Kelly Schmidt
Illustrated Properties
List Price
$140,000
Sold Price
$87,000
Premium/Discount to List
-$53,000
-37.86%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Crosby Perry Kelly
Bought by
Perry Kelly and Kelly Perry Revocable Trust

Purchase Details

Closed on
Mar 2, 2011
Sold by
Ripton Patrick A
Bought by
Perry Kelly Crosby

Purchase Details

Closed on
Mar 1, 2010
Sold by
Smith Douglas Alan and Laugherty Douglas C
Bought by
Perry Jerry
Source: Public Records

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Nestor Gonzalez $365,000 First International Ttl Inc
Modern Pro Shell Corp -- Quaker Title & Escrow
Elegance Global Construction Llc $86,000 Secure Land T&E Svcs Inc
Perry Kelly -- Attorney
Perry Kelly Crosby -- Attorney
Perry Jerry $17,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Nestor Gonzalez $346,750
Previous Owner Modern Pro Shell Corp $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $87,000 -37.9% --
09/01/2020 09/01/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $140,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,019 $377,100 -- --
2023 $6,351 $395,394 $56,700 $338,694
2022 $6,257 $340,982 $0 $0
2021 $903 $49,140 $49,140 $0
2020 $1,244 $55,447 $49,140 $6,307
2019 $1,231 $56,874 $49,140 $7,734
2018 $1,028 $41,079 $35,195 $5,884
2017 $975 $42,507 $37,048 $5,459
2016 $845 $25,774 $0 $0
2015 $812 $23,431 $0 $0
2014 -- $21,711 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10641130

BeachesMLS

APN: 00-42-43-26-04-003-0140