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4562 Old Military Trail

4562 Old Military Trail, West Palm Beach, FL 33417
Property in West Palm Beach
Sold Aug 27, 2022
$325,000
$315,185 by Paramount Residential Mortgage
Mortgage Due Aug 01, 2052
Sold Jul 07, 2021
$590,000
$379,300 by Home Point Financial Corp
Mortgage Due Jul 01, 2036
Local assessors in West Palm Beach, FL have categorized 4562 Old Military Trail as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 7,301 square feet. The linear feet between the front and back of the lot was measured at 4,380 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4562 Old Military Trail has a total of 768 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable or hip style roof that was made of composition shingle. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with nothing. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4562 Old Military Trail sold most recently in Jul 15, 2022 for a total of $325,000. If you work out the math, that's approximately a cost of $220.19 per sqft. Before that, the property was also sold for $590,000 in Jun 22, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 4562 Old Military Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $215,750. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,301
  • Lot Size Depth Feet: 4,380
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,476
  • Gross Building Area: 1,476
  • Building Area: 768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 768
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILITARY PARK DIEKHANS ADD
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MILITARY PARK DIEKHANS ADD LT 7

Ownership

  • Current Owner : HERNANDEZ DOMINGA A RIVERA
  • Previous Owner : DAYMON ALLMON
  • Owner Before Previous Owner: MARTIRENA HUGO I
  • Owner Before Previous Owner 2: MARTIRENA LUCY S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001909

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 143
  • Parcel: 00-42-43-24-09-000-0070
  • Lot: 7
  • Meridian: SEC 24 TWN 43S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.7136
  • Longitude: -80.112

    Address

  • Full Address: 4562 Old Military Trl
  • Address - House Number: 4562
  • Address - Street Name: Old Military
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 3050
  • Zip Code: 33417

Valuation

    Tax

  • Total Area: 1,062
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 197

    Appraisal Valuation

  • Standard Deviation: 0.0858
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 361,472
  • High Value: 392,519
  • Low Value: 330,424

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,185
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 27, 2022
  • First Open Lien Mortgage Loan Amount: $315,185
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $215,750
  • Market Land Value: $137,772
  • Market Improvement Value: $77,978

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $215,750

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Aug 27, 2022
  • Current Sale Transaction ID: 11895575153
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 359510
  • Previous Sale Recording Date: Jul 07, 2021
  • Previous Sale Contract Date: Jun 22, 2021
  • Previous Sale Amount: $590,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Aug 27, 2022
  • First Mortgage Loan Amount: $315,185
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: HOME POINT FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jul 07, 2021
  • Previous Mortgage Loan Amount: $379,300
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Schall Circle



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Frequently Asked Questions

What neighborhood is 4562 Old Military Trail located in?
The 4562 Old Military Trail is a located in the neighborhood of West Palm Beach in Schall Circle, West Palm Beach.
What is the average sales price for listings in 4562 Old Military Trail?
The average sales price for units in 4562 Old Military Trail is $0 currently.

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