NOT LISTED FOR SALE

4579 Alberta Ave West Palm Beach, FL 33417

Schall Circle Neighborhood

Estimated Value: $639,086 - $790,000

-- Bed
4 Baths
2,886 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $400,000 $139 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,566/month

50 Days on Market

Highlights

  • Garden View
  • Open Patio
  • Central Heating and Cooling System
  • Porch
  • Ceramic Tile Flooring
  • 2-minute walk to Old Trail Park

About This Home

As of November 2019

CBS triplex building on a quiet dead end street, two units 2+1 and one large unit 2+2. Monthly rents are 1275+ 1070+1175 = 3520 with annual leases. There is room to increase the rents and get a higher return. Owner has a water bill for ~$65 a month and $45 for landscape.

Last Agent to Sell the Property

Baris Keser

KSR Properties License #3273596 Listed on: 08/26/2019

Last Buyer's Agent

Jean Garcon

Good Deal Realty LLC License #3188889

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,936

Year Built

  • Built in 1979

Lot Details

  • 0.34 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,886 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Garden Views

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424324050000220

Community Details

Overview

  • 3 Units
  • Military Park Nichols Add Subdivision

Building Details

  • Operating Expense $9,866
  • Net Operating Income $22,994

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,936

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: USE GPS
  • Year Built: 1979
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2886.0

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424324050000220
  • Current Use: Farm
  • Lot Size Sq Ft: 14602.0
  • Zoning Description: RM - Mul
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 22994.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 9866.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4936.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2023
Sold by
Despinos Paul and Despinos Georgina
Bought by
Png Margrow Mf Llc
Current Estimated Value
$703,772

Purchase Details

Listed on
Aug 26, 2019
Closed on
Nov 15, 2019
Sold by
Tahseen Realestate Services Llc
Bought by
Despinos Paul and Despinos Georgina
Seller's Agent
Baris Keser
KSR Properties
Buyer's Agent
Jean Garcon
Good Deal Realty LLC
List Price
$430,000
Sold Price
$400,000
Premium/Discount to List
-$30,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Feb 24, 2019
Sold by
Hannan Mohammad A and Hannan Noorjahan Sarah
Bought by
Tahseen Realestate Services Llc

Purchase Details

Closed on
Aug 24, 2018
Sold by
Tahseen Realestate Services Llc
Bought by
Hannan Mahammad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2015
Sold by
Hannan Mohammad A and Hannan Noorjahan Sarah
Bought by
Tahseen Realestate Services Llc

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 16, 2015
Sold by
Dietz John A
Bought by
Hannan Mohammad A
Seller's Agent
Kevin Spina
The Keyes Company (PBG)
List Price
$275,000
Sold Price
$251,500
Premium/Discount to List
-$23,500
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$183,750
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

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
Png Margrow Mf Llc -- None Listed On Document
Despinos Paul $400,000 Blueline Title Company
Tahseen Realestate Services Llc -- Attorney
Hannan Mahammad A -- Attorney
Tahseen Realestate Services Llc -- Attorney
Hannan Mohammad A $251,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hannan Mohammad A $241,600
Previous Owner Hannan Mohammad A $183,750
Previous Owner Dietz John A $73,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $400,000 -7.0% $139 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $430,000 +71.0% $149 / Sq Ft
06/16/2015 06/16/15 Sold $251,500 -8.5% $87 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $275,000 -- $95 / Sq Ft
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 $8,789 $465,881 -- --
2023 $8,011 $384,029 $0 $0
2022 $8,113 $349,117 $0 $0
2021 $6,557 $317,379 $69,000 $248,379
2020 $6,639 $320,569 $105,000 $215,569
2019 $5,216 $236,022 $60,000 $176,022
2018 $4,936 $233,112 $59,400 $173,712
2017 $5,203 $251,384 $54,000 $197,384
2016 $5,321 $251,397 $0 $0
2015 $4,160 $165,638 $0 $0
2014 $3,650 $150,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Baris Keser

    Seller's Agent in 2019

    Baris Keser

    KSR Properties

    (561) 602-8906

    35 Total Sales

    Baris Keser
    Section Image

  • J

    Buyer's Agent in 2019

    Jean Garcon

    Good Deal Realty LLC

    (561) 767-5061

    4 Total Sales

    Jean Garcon
    Section Image
  • Kevin Spina

    Seller's Agent in 2015

    Kevin Spina

    The Keyes Company (PBG)

    (561) 722-1169

    429 Total Sales

    Kevin Spina
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10557079

BeachesMLS

APN: 00-42-43-24-05-000-0220

Florida Palm Beach County West Palm Beach 33417 Schall Circle

4579 Alberta Ave, West Palm Beach, FL

This home is located at 4579 Alberta Ave, West Palm Beach, FL 33417 since 26 August 2019 and is currently estimated at $703,772, approximately $243 per square foot. This property was built in 1979. 4579 Alberta Ave is a home located in Palm Beach County with nearby schools including Egret Lake Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High 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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