NOT LISTED FOR SALE

4731 Myrtle Ln West Palm Beach, FL 33417

Estimated Value: $469,000 - $687,000

3 Beds
3 Baths
2,369 Sq Ft
$254/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $92,000 $39 Per Sq Ft

Est. 554% increase in value since last sale

Current estimated payment $3,744/month

4 Days on Market

About This Home

As of February 2015

This is your chance to get into a potentially great income-producing property at a great price. Great central location, near I-95, airport, great shopping, medical facilities, the Zoo and much more! Zoned 2 units, was using as one large unit. Has size to make three units if building/code allows. Structure looks sound, CBS. Will not finance as is, but investor gem.

Last Agent to Sell the Property

Timothy Polovina

North Palm Beach Realty, LLC License #3091650 Listed on: 01/02/2015

Last Buyer's Agent

Timothy Polovina

North Palm Beach Realty, LLC License #3091650 Listed on: 01/02/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,651

Home Design

  • Duplex

Interior Spaces

  • 2,369 Sq Ft Home
  • 1-Story Property

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Patio
  • 8,651 Sq Ft Lot

Community Details

  • 2 Units
  • Merlin Park Rev Subdivision

Listing and Financial Details

  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 00424325030000510

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 WEST ON OKEECHOBEE, SOUTH ON MILITARY, WEST ON MYRTLE TO END
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2369.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 00424325030000510
  • Lot Size Sq Ft: 8651.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2740.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2015
Closed on
Feb 26, 2015
Sold by
Prodigy Capital Inc
Bought by
Blue Coin Holdings Llc
Seller's Agent
Timothy Polovina
North Palm Beach Realty, LLC
Buyer's Agent
Timothy Polovina
North Palm Beach Realty, LLC
List Price
$74,900
Sold Price
$92,000
Premium/Discount to List
$17,100
22.83%
Current Estimated Value
$601,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,718
Avg. Annual Appreciation
19.21%

Purchase Details

Listed on
Jan 2, 2015
Closed on
Feb 4, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Prodigy Capital Inc
Seller's Agent
Timothy Polovina
North Palm Beach Realty, LLC
Buyer's Agent
Timothy Polovina
North Palm Beach Realty, LLC
List Price
$74,900
Sold Price
$92,000
Premium/Discount to List
$17,100
22.83%

Purchase Details

Closed on
Oct 27, 2014
Sold by
Reilly Jean H and Reilly Jean
Bought by
Deutsche Bank National Trust Company
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
Blue Coin Holdings Llc -- None Available
Prodigy Capital Inc $92,000 Attorney
Deutsche Bank National Trust Company $104,800 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2015 02/06/15 Sold $92,000 +22.8% $39 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $74,900 -- $32 / 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 $6,640 $300,857 -- --
2023 $6,634 $273,506 $93,654 $385,153
2022 $5,884 $248,642 $0 $0
2021 $5,030 $278,128 $60,000 $218,128
2020 $4,699 $257,895 $72,000 $185,895
2019 $4,559 $257,895 $72,000 $185,895
2018 $3,588 $169,825 $23,625 $146,200
2017 $3,351 $158,915 $23,625 $135,290
2016 $3,157 $143,280 $0 $0
2015 $3,442 $154,190 $0 $0
2014 $2,740 $94,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10098972

BeachesMLS

APN: 00-42-43-25-03-000-0510