NOT LISTED FOR SALE

4641 Myrtle Ln West Palm Beach, FL 33417

Estimated Value: $383,000 - $480,485

4 Beds
2 Baths
1,352 Sq Ft
$321/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $230,000 $170 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,806/month

245 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Fenced
  • Wall Furnace
  • Terrazzo Flooring

About This Home

As of December 2020

ONE TENANT HAS BEEN RENTING FOR 10 YEARS, TENANT TWO RENTING FOR 3.5 YEARSROOF IS 12 YEARS OLD,ELECTRICAL PANEL UPDATED 2013,1 SEPTIC TANK WITH UPDATEDDRAIN FILED, NEWER WATER HEATER IN ONE UNIT, TENANTS RENTING MONTH TO MONTH AND ARE WILLING TO SIGN NEW LEASE WITH NEW OWNER.

Last Agent to Sell the Property

Kathleen LeBrecht

RE/MAX Prestige Realty/LW License #3025682 Listed on: 03/22/2020

RE/MAX Prestige Realty/LW

Last Buyer's Agent

MRIIAM RODRIGUEZ

Trueway Realty LLC License #3391651

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,821

Year Built

  • Built in 1958

Lot Details

  • 9,975 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Flat Roof Shape
  • Shingle Roof
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424325030000420

Community Details

Overview

  • 2 Units
  • Merlin Park Revised Subdivision

Building Details

  • Operating Expense $2,821
  • Net Operating Income $22,379

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,821

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: OKEECHOBEE TO MILITARY TRAIL SOUTH WEST ON MYRTLE LANE
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1352.0

Exterior Features

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00424325030000420
  • Lot Size Sq Ft: 9975.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 22379.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2821.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2821.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
Nov 24, 2020
Sold by
Avalos Alejandro M
Bought by
Hernandez Amilcar Salguero and Gonzalez Estrellita
Seller's Agent
Kathleen LeBrecht
RE/MAX Prestige Realty/LW
Buyer's Agent
MRIIAM RODRIGUEZ
Trueway Realty LLC
List Price
$269,900
Sold Price
$230,000
Premium/Discount to List
-$39,900
-14.78%
Current Estimated Value
$431,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,306
Avg. Annual Appreciation
12.45%
Original Mortgage
$172,500
Outstanding Balance
$155,684
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$239,850

Purchase Details

Listed on
Oct 23, 2013
Closed on
Apr 30, 2014
Sold by
Wong Dominic and Lau Chi Ming
Bought by
Avalos Alejandro M
Seller's Agent
Baris Keser
KSR Properties
Buyer's Agent
Baris Keser
KSR Properties
List Price
$119,000
Sold Price
$98,000
Premium/Discount to List
-$21,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$73,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Law Ho Vincent and Law Ho Shuk Yee
Bought by
Wong Dominic

Purchase Details

Closed on
May 26, 1994
Sold by
Shen Denny
Bought by
Yeung Yau Au
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
Hernandez Amilcar Salguero $230,000 The Closing Source Inc
Avalos Alejandro M $98,000 K Title Company Llc
Wong Dominic $48,000 United Land Title Llc
Yeung Yau Au $53,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Amilcar Salguero $172,500
Previous Owner Avalos Alejandro M $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $230,000 -14.8% $170 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $269,900 +175.4% $200 / Sq Ft
04/30/2014 04/30/14 Sold $98,000 -17.6% $72 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $119,000 -- $88 / 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 $5,087 $229,626 -- --
2023 $4,811 $208,751 $93,654 $202,717
2022 $4,275 $189,774 $0 $0
2021 $3,742 $172,522 $60,000 $112,522
2020 $2,882 $158,014 $72,000 $86,014
2019 $2,823 $158,014 $72,000 $86,014
2018 $2,080 $82,203 $23,625 $58,578
2017 $2,023 $82,203 $23,625 $58,578
2016 $1,992 $78,506 $0 $0
2015 $2,035 $78,506 $0 $0
2014 $1,656 $46,751 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen LeBrecht

    Seller's Agent in 2020

    Kathleen LeBrecht

    RE/MAX

    (561) 758-7739

    44 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    MRIIAM RODRIGUEZ

    Trueway Realty LLC

    (561) 693-8480

    7 Total Sales

    Section Image
  • Baris Keser

    Seller's Agent in 2014

    Baris Keser

    KSR Properties

    (561) 602-8906

    36 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10611581

BeachesMLS

APN: 00-42-43-25-03-000-0420

Florida Palm Beach County West Palm Beach 33417

4641 Myrtle Ln, West Palm Beach, FL

This home is located at 4641 Myrtle Ln, West Palm Beach, FL 33417 since 22 March 2020 and is currently estimated at $433,828, approximately $320 per square foot. This property was built in 1958. 4641 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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