NOT LISTED FOR SALE

116 S Main St Belle Glade, FL 33430

Estimated Value: $318,646

-- Bed
96 Baths
6,151 Sq Ft
$52/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $150,000 $24 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,070/month

134 Days on Market

About This Home

As of October 2015

19 Unit Apartment Building. SELLER FINANCING 30% down 10 years. No outstanding code violations. Gross Income $116,000. Expenses $49,612. Net Income $61,988

Last Agent to Sell the Property

Terry Reed

Lubeck Realty Group Inc License #3237613 Listed on: 05/18/2015

Last Buyer's Agent

Terry Reed

Lubeck Realty Group Inc License #3237613 Listed on: 05/18/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1950

Lot Details

  • 5,533 Sq Ft Lot

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 6,151 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • 2 Units
  • Belle Glade Subdivision

Listing and Financial Details

  • Rent includes cable TV
  • Assessor Parcel Number 04374331080000420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,746

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: SR 80 Corner Main and E Canal St
  • Year Built: 1950
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 6151.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 04374331080000420
  • Lot Size Sq Ft: 5533.0
  • Zoning Description: B1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3746.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Oct 29, 2015
Sold by
Glory D Incorporated
Bought by
A & M Enterprises Of Belle Glade Llc
Seller's Agent
Terry Reed
Lubeck Realty Group Inc
Buyer's Agent
Terry Reed
Lubeck Realty Group Inc
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Current Estimated Value
$318,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,646
Avg. Annual Appreciation
8.09%
Original Mortgage
$105,000
Outstanding Balance
$9,892
Interest Rate
8%
Mortgage Type
Commercial
Estimated Equity
$312,480

Purchase Details

Closed on
Nov 16, 2004
Sold by
Hand Frances Lucille Rutledge
Bought by
Glory D 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
A & M Enterprises Of Belle Glade Llc $150,000 Trident Title Llc
Glory D Inc $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & M Enterprises Of Belle Glade Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $150,000 -25.0% $24 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $200,000 -- $33 / 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 $4,044 $84,636 -- --
2023 $3,535 $76,942 -- --
2022 $3,313 $69,947 -- --
2021 $3,089 $63,588 $12,228 $51,360
2020 $3,757 $93,328 $12,228 $81,100
2019 $4,062 $103,048 $12,228 $90,820
2018 $4,034 $104,488 $12,228 $92,260
2017 $4,075 $104,818 $12,228 $92,590
2016 $4,165 $107,939 $0 $0
2015 $3,873 $92,143 $0 $0
2014 $3,746 $83,766 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Reed

    Seller's Agent in 2015

    Terry Reed

    Lubeck Realty Group Inc

    (561) 340-9623

    2 Total Sales

    Terry Reed
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Map

Source: BeachesMLS

MLS Number: R10136906

BeachesMLS

APN: 04-37-43-31-08-000-0420

Florida Palm Beach County Belle Glade 33430

116 S Main St, Belle Glade, FL

This home is located at 116 S Main St, Belle Glade, FL 33430 since 18 May 2015 and is currently estimated at $318,646, approximately $51 per square foot. This property was built in 1950. 116 S Main St is a home located in Palm Beach County with nearby schools including Belle Glade Elementary School, Lake Shore Middle School, and Glades Central 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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