NOT LISTED FOR SALE

4725 Elmhurst Rd Unit 4725 & 4727 West Palm Beach, FL 33417

Estimated Value: $443,275 - $616,000

-- Bed
2 Baths
1,624 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $280,000 $172 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,213/month

19 Days on Market

Highlights

  • Waterfront
  • Patio
  • Central Heating and Cooling System
  • Impact Glass
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of April 2021

Under no circumstances are you to disturb the tenants. If you do you will be considered trespassing and we will call the police. Great Investment Property - 2 Bedrooms 1 Bath on each side and each unit has impact windows, central a/c, office grade carpeting and tile floors, utility room, and washer and dryer hook-ups. The home was re-roofed with architectural shingles 2005. Brand new hot water heater in Unit 4727 and in Unit 4725 the hot water heater was replaced in 2015. There are two parking spaces assigned for each unit. The home is fenced in with a view of the lake behind the home. The units each have a separate electric meter.

Last Agent to Sell the Property

Brian Perry

KW Innovations License #3169636 Listed on: 02/25/2021

KW Innovations

Last Buyer's Agent

Alex Rios

Treasure Property Group LLC License #3427197

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1972

Lot Details

  • 8,217 Sq Ft Lot
  • Waterfront
  • Fenced

Home Design

  • Duplex

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Impact Glass

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424325000003171

Community Details

Overview

  • 2 Units
  • Knotty Pines Acres Subdivision

Building Details

  • Operating Expense $10,190
  • Net Operating Income $10,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,195

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From Okeechobee Blvd turn south onto N. Military Trail and take a right onto Elmhurst Road. Home is on the right.
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1624.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 00424325000003171
  • Lot Size: 83.0 ft x 99.0 ft
  • Lot Size Sq Ft: 8217.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 10810.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 10190.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3195.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 13, 2021
Sold by
Schenk Properties Inc
Bought by
Marin Jose and Casasola Maria Monge
Seller's Agent
Brian Perry
KW Innovations
Buyer's Agent
Alex Rios
Treasure Property Group LLC
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%
Current Estimated Value
$510,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,069
Avg. Annual Appreciation
14.36%
Original Mortgage
$190,000
Outstanding Balance
$171,547
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$338,522

Purchase Details

Closed on
Dec 17, 2004
Sold by
Schenk La Verne and Schenk Betty
Bought by
Schenk Properties Inc
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
Marin Jose $280,000 Performance T&E Llc
Schenk Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Jose $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $280,000 -5.1% $172 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $295,000 -- $182 / 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 $6,091 $309,775 -- --
2023 $5,743 $281,614 $93,654 $234,638
2022 $5,124 $256,013 $0 $0
2021 $3,344 $190,165 $60,000 $130,165
2020 $3,195 $183,959 $72,000 $111,959
2019 $3,128 $183,959 $72,000 $111,959
2018 $2,353 $107,071 $23,625 $83,446
2017 $2,211 $107,071 $23,625 $83,446
2016 $2,147 $76,395 $0 $0
2015 $2,123 $69,450 $0 $0
2014 $2,017 $63,136 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brian Perry

    KW Innovations

    (561) 880-5328

    174 Total Sales

    Brian Perry
    Section Image
  • Alex Rios

    Buyer's Agent in 2021

    Alex Rios

    Treasure Property Group LLC

    (561) 201-6055

    53 Total Sales

    Alex Rios
    Section Image
  • Angelica Berrio

    Buyer Co-Listing Agent in 2021

    Angelica Berrio

    KW Reserve

    (561) 403-6207

    86 Total Sales

    Angelica Berrio
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10695241

BeachesMLS

APN: 00-42-43-25-00-000-3171

Florida Palm Beach County West Palm Beach 33417

4725 Elmhurst Rd Unit 4725 & 4727, West Palm Beach, FL

This home is located at 4725 Elmhurst Rd Unit 4725 & 4727, West Palm Beach, FL 33417 since 25 February 2021 and is currently estimated at $510,069, approximately $314 per square foot. This property was built in 1972. 4725 Elmhurst Rd Unit 4725 & 4727 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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