NOT LISTED FOR SALE

4226 Vicliff Rd West Palm Beach, FL 33406

Estimated Value: $703,267 - $1,054,000

8 Beds
4 Baths
3,696 Sq Ft
$242/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $785,000 $212 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,824/month

25 Days on Market

Highlights

  • Garden View
  • Porch
  • Ceramic Tile Flooring
  • Corner Lot
  • Open Patio
  • Central Heating and Cooling System

About This Home

As of November 2021

Cash flowing property with full occupancy on an oversized corner lot featuring 2 separate CBS buildings with 4 units total in Opportunity zone. Both buildings face either other with 11 parking spaces and low maintenance landscaping. All of the units have the same floor plan 2 bedroom/ 1 bathroom with 924 sq ft each. The building is in great condition with roof, a/c units, and water heaters in working order. All 4 units are in excellent condition with modern updates, washer/dryers, and private porch. All units are separately metered for water/electricity. Rent roll is below market value with 1 unit month to month and another lease expiring soon, therefore both can be raised to market value to increase annual gross tremendously.

Last Agent to Sell the Property

Jeffrey Creegan

RE/MAX Services License #SL3432383 Listed on: 10/04/2021

RE/MAX Services

Last Buyer's Agent

Sami Zeqiraj

Highlight Realty Corp/LW License #3207484

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,654

Year Built

  • Built in 1973

Lot Details

  • 0.38 Acre Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,696 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424413090030010

Community Details

Overview

  • 4 Units
  • Military Hill Unrec Pl In Subdivision

Building Details

  • Operating Expense $9,508
  • Net Operating Income $42,393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,654

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I95 10TH AV WEST MILITARY NORTH BETWEEN PURDY AND CRESTHAVEN VICLIFF EAST
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3696.0

Exterior Features

  • Exterior Features: Porch
  • View: Garden
  • Lot Features: Corner Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424413090030010
  • Lot Size Sq Ft: 16715.0
  • Zoning Description: RM/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 42393.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9508.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7654.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Visar Peci
Bought by
4226 Vicliff Road Land Trust
Current Estimated Value
$895,567

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 23, 2021
Sold by
Pellicer Managment Company
Bought by
Peci Visar
Seller's Agent
Jeffrey Creegan
RE/MAX Services
Buyer's Agent
Sami Zeqiraj
Highlight Realty Corp/LW
List Price
$775,000
Sold Price
$785,000
Premium/Discount to List
$10,000
1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$588,750
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 1997
Sold by
Rodberg Mark O and Rodberg Wendi
Bought by
Pellicer Management Co

Purchase Details

Closed on
Apr 29, 1994
Sold by
Riester William J
Bought by
Rodberg Mark O and Rodberg Wendi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
4226 Vicliff Road Land Trust -- Goldberg Odelia
Peci Visar $785,000 Corporate Title Inc
Pellicer Management Co $115,000 --
Rodberg Mark O $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peci Visar $588,750
Previous Owner Rodberg Mark O $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $785,000 +1.3% $212 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $775,000 0.0% $210 / Sq Ft
04/21/2012 04/21/12 For Rent $850 0.0% --
04/21/2012 04/21/12 Rented $850 -- --
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 $11,339 $575,960 -- --
2023 $12,173 $600,641 $151,031 $516,678
2022 $11,064 $546,037 $0 $0
2021 $7,497 $369,486 $109,288 $260,198
2020 $7,654 $433,582 $118,800 $314,782
2019 $7,416 $422,782 $108,000 $314,782
2018 $6,290 $385,772 $108,986 $276,786
2017 $5,401 $288,670 $80,730 $207,940
2016 $5,057 $193,103 $0 $0
2015 $4,489 $175,548 $0 $0
2014 $4,187 $159,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Creegan

    Seller's Agent in 2021

    Jeffrey Creegan

    RE/MAX

    (561) 939-9819

    172 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Sami Zeqiraj

    Highlight Realty Corp/LW

    (561) 317-4424

    20 Total Sales

    Section Image

  • M

    Seller's Agent in 2012

    Mirla Osuna

    Highlight Realty Corp/LW

    (561) 667-5341

    19 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Carlos Osuna

    Highlight Realty Corp/LW

    (561) 364-7677

    4 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10749881

BeachesMLS

APN: 00-42-44-13-09-003-0010

Florida Palm Beach County West Palm Beach 33406

4226 Vicliff Rd, West Palm Beach, FL

This home is located at 4226 Vicliff Rd, West Palm Beach, FL 33406 since 04 October 2021 and is currently estimated at $895,567, approximately $242 per square foot. This property was built in 1973. 4226 Vicliff Rd is a home located in Palm Beach County with nearby schools including Clifford O Taylor/Kirklane Elementary School, John I. Leonard High School, and Palm Springs Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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