NOT LISTED FOR SALE

4638 Myrtle Ln West Palm Beach, FL 33417

Estimated Value: $464,045 - $551,000

4 Beds
2 Baths
1,568 Sq Ft
$322/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $244,200 $156 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,197/month

57 Days on Market

About This Home

As of April 2017

This property is perfect to live in one side and have the other one as income property. Duplex (2 Bedroom - 1 Bathroom) Each unit. Total of 4 bedrooms , 2 baths. Large units in very good condition. Very large back yard.Very low expenses. GOI $21,600Do not disturb tenants.

Last Agent to Sell the Property

Katty Cavalieri

RE/MAX Prestige Realty License #3030612 Listed on: 01/22/2017

RE/MAX Prestige Realty

Last Buyer's Agent

Joelle Nieves

Premier Brokers International License #3268889

Premier Brokers International

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1969

Lot Details

  • 10,025 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes electricity, water
  • Assessor Parcel Number 00424325030000570

Community Details

Overview

  • 2 Units
  • Merlin Park Revised Subdivision

Building Details

  • Operating Expense $4,060
  • Net Operating Income $17,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,073

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: OKEECHOBEE SOUTH ON MILITARY RIGHT ON MYRTLE LANE
  • Year Built: 1969
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1568.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424325030000570
  • Lot Size Sq Ft: 10025.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 17540.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4060.0
  • Total Actual Rent: 21600.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2073.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2019
Sold by
Odr Investment Group Llc
Bought by
Marent Investments Llc
Current Estimated Value
$504,761

Purchase Details

Listed on
Jan 22, 2017
Closed on
Apr 20, 2017
Sold by
Espinoza Raul and Espinoza Zolila A
Bought by
Odr Ivesment Group Llc
Seller's Agent
Katty Cavalieri
RE/MAX Prestige Realty
Buyer's Agent
Joelle Nieves
Premier Brokers International
List Price
$249,900
Sold Price
$244,200
Premium/Discount to List
-$5,700
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Espinoza Zoila A and Espinoza Raul
Bought by
Espinoza Raul and Espinoza Zoila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
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
Marent Investments Llc -- Attorney
Odr Ivesment Group Llc $244,200 Trident Title
Espinoza Raul $23,300 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinoza Raul $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $244,200 -2.3% $156 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
01/22/2017 01/22/17 For Sale $249,900 -- $159 / 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 $5,200 $236,366 -- --
2023 $4,932 $214,878 $93,654 $211,976
2022 $4,379 $195,344 $0 $0
2021 $3,830 $177,585 $60,000 $117,585
2020 $3,787 $174,440 $72,000 $102,440
2019 $3,182 $174,440 $72,000 $102,440
2018 $2,437 $102,948 $23,625 $79,323
2017 $2,145 $102,948 $23,625 $79,323
2016 $2,073 $73,185 $0 $0
2015 $2,060 $66,532 $0 $0
2014 $1,958 $60,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katty Cavalieri

    Seller's Agent in 2017

    Katty Cavalieri

    RE/MAX

    (407) 890-8713

    39 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Joelle Nieves

    Premier Brokers International

    (561) 603-7878

    54 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10301064

BeachesMLS

APN: 00-42-43-25-03-000-0570

Florida Palm Beach County West Palm Beach 33417

4638 Myrtle Ln, West Palm Beach, FL

This home is located at 4638 Myrtle Ln, West Palm Beach, FL 33417 since 22 January 2017 and is currently estimated at $504,761, approximately $321 per square foot. This property was built in 1969. 4638 Myrtle Ln 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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