NOT LISTED FOR SALE

4762 Cherry Rd West Palm Beach, FL 33417

Estimated Value: $233,000 - $329,000

2 Beds
2 Baths
1,039 Sq Ft
$262/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $205,000 $197 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,877/month

43 Days on Market

Highlights

  • Lake Front
  • Separate Shower in Primary Bathroom
  • Central Heating and Cooling System
  • Community Pool
  • Walk-In Closet
  • Family Room

About This Home

As of November 2021

Great home for a first time home buyer. Fully renovated. Ready for move in. 2 bedroom 2 bath open concept. Private corner unit tucked behind a beautiful lake view. At this price this villa is an amazing opportunity that won't last long. Low maintenance fee covers outside building insurance and maintenance.

Last Agent to Sell the Property

Ravi Mohanka

Sainaam Realty & Investment License #3034455 Listed on: 08/28/2021

Last Buyer's Agent

Jorge Bencosme Mues

Home Partnership Group, LLC License #3369301

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1985

Lot Details

  • 1,526 Sq Ft Lot
  • Lake Front
  • Property is zoned RH

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Villa

Interior Spaces

  • 1,039 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424325160000690

Community Details

Overview

  • Cherry Lane Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,420

Year Built

Built in 1985

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Okeechobee Boulevard to military Trail. Head south towards Cherry Road. Make a right, unit on the back right side.
  • Year Built: 1985
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 1039.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 130.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424325160000690
  • Lot Size Sq Ft: 1526.0
  • Zoning Description: RH
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Nov 10, 2021
Sold by
Martinez Ingrid Scarlina
Bought by
Vega Elba Edith Velez and Melo Jorge Alberto
Seller's Agent
Ravi Mohanka
Sainaam Realty & Investment
Buyer's Agent
Jorge Bencosme Mues
Home Partnership Group, LLC
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$272,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,011
Avg. Annual Appreciation
7.38%
Original Mortgage
$194,000
Outstanding Balance
$177,817
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$94,194

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 29, 2021
Sold by
Porter Mark A
Bought by
Martinez Ingrid Scarlina
Seller's Agent
Christina Willis
Keller Williams Realty - Welli
Buyer's Agent
Ravi Mohanka
Sainaam Realty & Investment
List Price
$130,000
Sold Price
$131,000
Premium/Discount to List
$1,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.78%

Purchase Details

Closed on
Mar 10, 2000
Sold by
Scwab Terri C
Bought by
Porter Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 1995
Sold by
Colley Richard S and Colley Claudia J
Bought by
Colley Terri Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.89%
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
Vega Elba Edith Velez $205,000 Harbour Land Title Llc
Martinez Ingrid Scarlina $131,000 Trident Title
Porter Mark A $60,000 --
Colley Terri Lynne $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Elba Edith Velez $194,000
Previous Owner Porter Mark A $60,000
Previous Owner Colley Terri Lynne $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2021 11/10/21 Sold $205,000 -8.9% $197 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $225,000 +71.8% $217 / Sq Ft
04/29/2021 04/29/21 Sold $131,000 +0.8% $126 / Sq Ft View Prior Sale
03/30/2021 03/30/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $130,000 -- $125 / 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 $3,847 $212,468 -- --
2023 $3,700 $193,153 $0 $0
2022 $3,255 $175,594 $0 $0
2021 $1,535 $95,398 $0 $95,398
2020 $1,420 $85,398 $0 $85,398
2019 $1,368 $82,398 $0 $82,398
2018 $1,232 $78,322 $0 $78,322
2017 $1,112 $67,322 $0 $0
2016 $1,056 $35,609 $0 $0
2015 $969 $32,372 $0 $0
2014 $835 $29,429 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Willis

    Seller's Agent in 2021

    Christina Willis

    Keller Williams Realty - Welli

    (772) 410-9460

    36 Total Sales

    Christina Willis
    Section Image
  • Ravi Mohanka

    Seller's Agent in 2021

    Ravi Mohanka

    Sainaam Realty & Investment

    (561) 714-1196

    346 Total Sales

    Ravi Mohanka
    Section Image

  • J

    Buyer's Agent in 2021

    Jorge Bencosme Mues

    Home Partnership Group, LLC

    (561) 351-4315

    81 Total Sales

    Jorge Bencosme Mues
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10741746

BeachesMLS

APN: 00-42-43-25-16-000-0690

Florida Palm Beach County West Palm Beach 33417

4762 Cherry Rd, West Palm Beach, FL

This home is located at 4762 Cherry Rd, West Palm Beach, FL 33417 since 28 August 2021 and is currently estimated at $272,011, approximately $261 per square foot. This property was built in 1985. 4762 Cherry Rd is a home located in Palm Beach County with nearby schools including Hope-Centennial 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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