NOT LISTED FOR SALE

4685 Myrtle Ln West Palm Beach, FL 33417

Estimated Value: $484,712 - $584,000

-- Bed
3 Baths
2,460 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $239,900 $98 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,358/month

26 Days on Market

About This Home

As of June 2016

as is contract.

Last Agent to Sell the Property

Kyle Cruz

Stateland Dickel, LLC. License #3259940 Listed on: 05/20/2016

Stateland Dickel, LLC.

Last Buyer's Agent

Claire Alvarez

Luxury Homes Realty Group, Inc License #622525

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1971

Lot Details

  • 9,583

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,460 Sq Ft Home
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $26,700
  • Rent includes electricity, water
  • Assessor Parcel Number 00424325030000480

Community Details

Overview

  • 2 Units
  • Merlin Park Revised Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,863

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Okeechobee blvd to military trail south past Elmhurst to myrtle.
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2460.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00424325030000480
  • Zoning Description: res

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 20700.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6000.0
  • Total Actual Rent: 26700.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2863.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 15, 2016
Sold by
Not Prov S
Bought by
Provided Not
Seller's Agent
Kyle Cruz
Stateland Dickel, LLC.
Buyer's Agent
Claire Alvarez
Luxury Homes Realty Group, Inc
List Price
$239,900
Sold Price
$239,900
Current Estimated Value
$536,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,778
Avg. Annual Appreciation
9.02%

Purchase Details

Listed on
May 20, 2016
Closed on
May 1, 2016
Bought by
R & L Properties Westgate Llc
Seller's Agent
Kyle Cruz
Stateland Dickel, LLC.
Buyer's Agent
Claire Alvarez
Luxury Homes Realty Group, Inc
List Price
$239,900
Sold Price
$239,900

Purchase Details

Closed on
Jul 17, 2003
Sold by
Rodkey Eric J
Bought by
Zagar Anna and Hapke Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,590
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Philip Beneby Inc
Bought by
Rodkey Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.18%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Rita H Tiger Tr
Bought by
Beneby Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1995
Sold by
Tiger Rita H
Bought by
Tiger Tr Rita H
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
Provided Not $239,900 None Available
R & L Properties Westgate Llc $189,000 --
Zagar Anna $185,100 Sunbelt Title Agency
Rodkey Eric $115,000 Sunbelt Title Agency
Beneby Philip $85,000 --
Tiger Tr Rita H $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zagar Anna $166,590
Previous Owner Rodkey Eric $90,000
Previous Owner Tiger Tr Rita H $68,000
Closed Rodkey Eric $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2016 06/16/16 Sold $239,900 0.0% $98 / Sq Ft
05/20/2016 05/20/16 For Sale $239,900 +26.9% $98 / Sq Ft
05/02/2016 05/02/16 Sold $189,000 -3.1% $75 / Sq Ft View Prior Sale
04/02/2016 04/02/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $195,000 -- $77 / 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 $6,140 $253,471 -- --
2023 $6,254 $230,428 $140,481 $286,457
2022 $5,514 $209,480 $0 $0
2021 $4,818 $251,112 $90,000 $161,112
2020 $4,644 $250,353 $108,000 $142,353
2019 $4,536 $250,353 $108,000 $142,353
2018 $3,436 $143,077 $35,438 $107,639
2017 $3,356 $143,077 $35,438 $107,639
2016 $2,880 $98,126 $0 $0
2015 $2,863 $89,205 $0 $0
2014 $2,723 $81,095 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10236698

BeachesMLS

APN: 00-42-43-25-03-000-0480