NOT LISTED FOR SALE

116 S Main St Belle Glade, FL 33430

Estimated Value: $312,691

Studio
96 Baths
6,151 Sq Ft
$51/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2015

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

Est. 108% increase in value since last sale

Current estimated payment $2,008 / mo

24 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

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

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

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

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 04374331080000420

Community Details

Overview

  • No Home Owners Association
  • 19 Units
  • Belle Glade Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,746

Year Built

Built in 1950

Lot Details

5,533 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: SR 80 Corner Main and E Canal St
  • Year Built: 1950
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 6151.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront 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: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 04374331080000420
  • Lot Size Acres: 0.13
  • Lot Size: 0.0 ft x 110.0 ft
  • Mobile Dim Units: Feet
  • Zoning: B1

Rental Info

  • Tenant Pays: Cable TV

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3745.56

Multi Family

  • Number Of Units In Community: 19
  • Number Of Units Total: 4

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
$312,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,691
Avg. Annual Appreciation
7.14%
Original Mortgage
$105,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2004
Sold by
Hand Frances Lucille Rutledge
Bought by
Glory D Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

Date Event Price List to Sale Price per Sq Ft
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 (Greater Fort Lauderdale)

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
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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10136906

BeachesMLS (Greater Fort Lauderdale)

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

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