NOT LISTED FOR SALE

4619 Purdy Ln West Palm Beach, FL 33415

Estimated Value: $504,917 - $1,661,000

-- Bed
5 Baths
4,900 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 05, 2012

Last sale price $350,000 $71 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $5,451/month

167 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2012

AWESOME INCOME PROPERTY! THIS IS A PACKAGE SALE LOT ADJACENT TO THE WEST IS INCLUDED IN THE SALE. PARCEL ID# 00-42-44-13-002-0170. NEARLY 5,000 SF. COMBINED ON 1 ACRE BEAUTIFUL PROPERTY. (3) 3BDRM 2 BATH, (1) 2BDRM 2BA AND (1) 1BDRM 1BATH. SOLID CBS BUILT BUILDINGS, MANY OF THE UNITS HAVE BEEN COMPLETELY GUTTED AND REDONE, OTHERS WERE UPDATED. MONTHLY COMBINED RENT TOTAL APPROXIMATELY $4,500 PER MONTH. GOOD RETURN!!! OVERSIZED LAND POTENTIAL SPACE FOR MORE! ALL MEASUREMENTS, INCOME FIGURES ARE APPROXIMATE.

Last Agent to Sell the Property

Gonzalo Herrera

The Keyes Company (Tequesta) License #0709075 Listed on: 12/20/2011

The Keyes Company (Tequesta)

Last Buyer's Agent

Jerry Dragoon

Inactive Member License #594144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,483

Year Built

  • Built in 1965

Lot Details

  • 0.52

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,900 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $51,300
  • Rent includes electricity, water
  • Assessor Parcel Number 00424413030020160

Community Details

Overview

  • 4 Units
  • Bush & Mohneys Add Subdivision

Building Details

  • Net Operating Income $40,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,483

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: MILITARY TRAIL TO PURDY LANE WEST TO PROPERTY ON NORTH SIDE.
  • Year Built: 1965
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 4900.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 00424413030020160
  • Zoning Description: Rm

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 40300.0
  • Number Of Units Total: 4
  • Total Actual Rent: 51300.0

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2483.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2011
Closed on
Jul 5, 2012
Sold by
Chalker Enterprises Llc
Bought by
Gonzalz Herman J
Seller's Agent
Gonzalo Herrera
The Keyes Company (Tequesta)
Buyer's Agent
Jerry Dragoon
Inactive Member
List Price
$435,000
Sold Price
$350,000
Premium/Discount to List
-$85,000
-19.54%
Current Estimated Value
$928,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,972
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Jun 8, 2010
Sold by
Citimortgage Inc
Bought by
Chalker Enterprises Llc

Purchase Details

Closed on
Nov 12, 2009
Sold by
Subramaniam Xavier Navin and Case #50-2008-Ca-034829-Xxxx-M
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 29, 2006
Sold by
Gaffar Mohammad S and Gaffar Rehana Ahmed
Bought by
Subramaniam Xavier Navin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,900
Interest Rate
6.36%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 12, 2005
Sold by
Schaefer Scott J and Schaefer Cynthia J
Bought by
Gaffar Mohammad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 1999
Sold by
Demotte Glenda
Bought by
Schaefer Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
7.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gonzalz Herman J $350,000 Universal Land Title Llc
Chalker Enterprises Llc $45,000 Buyers Title Inc
Citimortgage Inc -- None Available
Subramaniam Xavier Navin $430,000 Florida Atlantic Title Llc
Gaffar Mohammad S $275,000 First American Title Ins Co
Schaefer Scott J $64,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Subramaniam Xavier Navin $356,900
Previous Owner Gaffar Mohammad S $220,000
Previous Owner Schaefer Scott J $195,000
Previous Owner Schaefer Scott J $51,800
Closed Gaffar Mohammad S $27,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2012 07/05/12 Sold $350,000 -19.5% $71 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $435,000 -- $89 / 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 $5,149 $206,557 -- --
2023 $5,183 $187,779 $162,175 $202,534
2022 $4,702 $170,708 $0 $0
2021 $4,289 $259,981 $122,948 $137,033
2020 $3,852 $215,811 $59,400 $156,411
2019 $3,753 $212,915 $54,000 $158,915
2018 $3,367 $190,650 $54,493 $136,157
2017 $2,928 $142,771 $40,365 $102,406
2016 $2,764 $96,359 $0 $0
2015 $2,469 $87,599 $0 $0
2014 $2,336 $79,635 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gonzalo Herrera

    The Keyes Company (Tequesta)

    Section Image

  • J

    Buyer's Agent in 2012

    Jerry Dragoon

    Inactive Member

    Section Image
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Map

Source: BeachesMLS

MLS Number: R3247298

BeachesMLS

APN: 00-42-44-13-03-002-0160

Florida Palm Beach County West Palm Beach 33415

4619 Purdy Ln, West Palm Beach, FL

This home is located at 4619 Purdy Ln, West Palm Beach, FL 33415 since 20 December 2011 and is currently estimated at $928,972, approximately $189 per square foot. This property was built in 1965. 4619 Purdy Ln is a home located in Palm Beach County with nearby schools including Forest Hill Elementary School, John I. Leonard High School, and L C Swain 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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