NOT LISTED FOR SALE

424 Valley Forge Rd West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $1,015,841

12 Beds
6 Baths
1,152 Sq Ft
$882/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2024

Last sale price $1,325,000 $1,150 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $6,605 / mo

159 Days on Market

Highlights

  • Corner Lot
  • Vinyl Flooring
  • 1-Story Property
  • No HOA
  • Wall Furnace

About This Home

As of September 2024

Prime investment opportunity! Presenting this newly renovated garden-style 6-plex investment property in West Palm Beach. Ideal for investors seeking an income-producing asset. 6 units : One 3 Bedrooms, Four 2 Bedrooms and One 1 Bedroom. All units and building have been completely remodeled with new impact windows installed, new AC units, new paint, new gate, and new landscaping. Large corner lot with 9 parking spaces. With solid returns and excellent potential for growth, this asset promises steady income and long-term value.

Last Agent to Sell the Property

Benjamin Lipkin

LIV Real Estate Group License #3443432 Listed on: 03/28/2024

Last Buyer's Agent

Ben Lipkin

LIV Real Estate Group License #3443432

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,251

Year Built

  • Built in 1940

Lot Details

  • Corner Lot

Parking

  • 9 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Not Available

Listing and Financial Details

  • Assessor Parcel Number 74434404040120140

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Colonial Estates Subdivision

Building Details

  • Gross Income $133,200
  • Net Operating Income $95,803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,251

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1940
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Stories: 1

Exterior Features

  • Lot Features: Corner Lot, 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 74434404040120140
  • Lot Size: 13750
  • Mobile Dim Units: Feet
  • Zoning: SF7

Multi Family

  • Property Net Operating Income: 95803.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 133200.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14251.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Sep 26, 2024
Sold by
Valley Forge Rd Llc
Bought by
Seller's Agent
Benjamin Lipkin
LIV Real Estate Group
Buyer's Agent
Ben Lipkin
LIV Real Estate Group
List Price
$1,560,000
Sold Price
$1,325,000
Premium/Discount to List
-$235,000
-15.06%
Current Estimated Value
$1,015,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$309,159
Avg. Annual Appreciation
-12.56%

Purchase Details

Listed on
Feb 4, 2022
Closed on
Apr 28, 2022
Sold by
Ponmattam Varghese P and Ponmattam Family Real Estate Trust
Bought by
Valley Forge Rd Llc
Seller's Agent
Katherine Anaya
Higher Standards Real Estate
Buyer's Agent
Ben Lipkin
LIV Real Estate Group
List Price
$1,199,000
Sold Price
$950,000
Premium/Discount to List
-$249,000
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$643,275
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2021
Sold by
Ponmattam Varghese P
Bought by
Ponmattam Varghese P and Ponmattam Family Real Estate T

Purchase Details

Closed on
Sep 14, 2015
Sold by
G & O Properties Llc
Bought by
Ponmattam Varghese P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Elassafire Raul
Bought by
G & O Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1995
Sold by
Moragues Alberto A and Moragues Teresa R
Bought by
Elassafire Raul
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South End, FL

  • Marcello Fabbri Real Estate Agent - Concierge Properties LLC

    Marcello Fabbri

    Concierge Properties LLC

    (754) 354-4246

    65 Total Sales

    1 in South End

    $715,000 Price

    Marcello Fabbri
     Section Image
  • Robert Floyd Real Estate Agent - Village Realty Group LLC

    Robert Floyd

    Village Realty Group LLC

    (561) 830-3196

    74 Total Sales

    1 in South End

    $160,000 Price

    Robert Floyd
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  • Angelica Berrio Real Estate Agent - KW Reserve

    Angelica Berrio

    KW Reserve

    (561) 693-4573

    84 Total Sales

    1 in South End

    $470,000 Price

    Angelica Berrio
     Section Image
  • Ilya Kulichkin Real Estate Agent - EXP Realty LLC

    Ilya Kulichkin

    EXP Realty LLC

    (561) 375-5180

    37 Total Sales

    1 in South End

    $1,010,000 Price

    Ilya Kulichkin
     Section Image
  • Sara Almasy Real Estate Agent - Century 21 WC Realty

    Sara Almasy

    Century 21 WC Realty

    (561) 475-5463

    33 Total Sales

    7 in South End

    $350K - $2.2M Price Range

    Sara Almasy
     Section Image
  • Joseph Miranda Real Estate Agent - Miranda Executive Realty

    Joseph Miranda

    Miranda Executive Realty

    (954) 945-9306

    48 Total Sales

    1 in South End

    $535,000 Price

    Joseph Miranda
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,325,000 Big Wave Title
Valley Forge Rd Llc $950,000 None Listed On Document
Ponmattam Varghese P -- Accommodation
Ponmattam Varghese P $351,500 Attorney
G & O Properties Llc $405,000 Standard Title Insurance Age
Elassafire Raul $110,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $643,275
Previous Owner Ponmattam Varghese P $281,200
Previous Owner G & O Properties Llc $310,000
Previous Owner G & O Properties Llc $303,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2024 09/26/24 Sold $1,325,000 -15.1% $1,150 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $1,560,000 +64.2% $1,354 / Sq Ft
04/28/2022 04/28/22 Sold $950,000 -20.8% $249 / Sq Ft View Prior Sale
03/29/2022 03/29/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $1,199,000 -- $314 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $14,553 $900,131
2024 $14,553 $642,280
2023 $14,251 $624,368
2022 $13,022 $515,238 $0 $0
2021 $12,073 $547,996 $267,300 $280,696
2020 $11,267 $509,314 $218,700 $290,614
2019 $10,398 $452,906 $170,100 $282,806
2018 $9,019 $407,113 $164,090 $243,023
2017 $8,057 $341,958 $102,557 $239,401
2016 $7,400 $290,838 $0 $0
2015 $6,000 $192,540 $0 $0
2014 $5,487 $175,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BL

    Seller's Agent in 2024

    Benjamin Lipkin

    LIV Real Estate Group

  • BL

    Buyer's Agent in 2024

    Ben Lipkin

    LIV Real Estate Group

    (561) 212-4640

    2 in this area

    24 Total Sales

    Ben Lipkin
    Section Image
  • Katherine Anaya Real Estate Agent - Higher Standards Real Estate

    Seller's Agent in 2022

    Katherine Anaya

    Higher Standards Real Estate

    (561) 317-2185

    1 in this area

    16 Total Sales

    Katherine Anaya
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11558051

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-44-04-04-012-0140

Florida Palm Beach County West Palm Beach 33405 South End

424 Valley Forge Rd, West Palm Beach, FL

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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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