NOT LISTED FOR SALE

1341 W Dr Martin Luther King jr Blvd W Belle Glade, FL 33430

Estimated Value: $271,000 - $344,000

-- Bed
3 Baths
1,820 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $160,000 $88 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,946/month

48 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of December 2019

Cash Cow!!! Don't miss the opportunity to own a cash producing duplex in a nice area. The duplex consists of a 3/2 and a 2/1. Both units have washer and dryer hook up inside the unit. Both units are rented to section 8 tenants. Both units were updated a few years ago. Do not hesitate. It won't last!!! The three bedroom has a central AC and the central AC was replaced in 2019 so it is a brand new AC.

Last Agent to Sell the Property

Ronie Osorio

EXP Realty LLC License #3261176 Listed on: 10/18/2019

EXP Realty LLC

Last Buyer's Agent

John Sanchez

Phoenix Realtors LLC License #3106655

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1976

Lot Details

  • 6,752

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Slate Flooring
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Baileys Sub 6 Sheet 1 Condos
  • Baileys Sub 6 Sheet 1 Subdivision

Listing and Financial Details

  • Rent includes hot water, gardener, pest control, trash collection
  • Assessor Parcel Number 04374331070010130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,747

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Property Sub Type: Duplex
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BAILEYS SUB 6 SHEET 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Slate, Tile, Vinyl
  • Living Area: 1820
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAILEYS SUB 6 SHEET 1
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04374331070010130
  • Zoning: R1 (city
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Pest Control, Trash Collection

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Dec 18, 2019
Sold by
Tamayo Roberto
Bought by
Baiano Investments Llc
Seller's Agent
Ronie Osorio
EXP Realty LLC
Buyer's Agent
John Sanchez
Phoenix Realtors LLC
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$292,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,457
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
Jul 16, 2019
Sold by
Tamayo Roberto and The 1341 Martin Luther King Jr
Bought by
Tamayo Roberto

Purchase Details

Closed on
Feb 21, 2019
Sold by
Payret Miguel
Bought by
Payret Aliana Milagros

Purchase Details

Listed on
Jul 5, 2017
Closed on
May 10, 2018
Sold by
Rajognev Investmetns Inc
Bought by
Tamayo Roberto and 1341 Dr Martin Luther King Jr Blvd W Lan
Seller's Agent
Leopold Evariste
LEO Realty, Inc.
Buyer's Agent
Leopold Evariste
LEO Realty, Inc.
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$54,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 27, 2016
Sold by
Thompson Angela K
Bought by
Rajoguev Investments Inc

Purchase Details

Closed on
Feb 24, 2011
Sold by
Thompson Vernell C and Thompson Angela K
Bought by
Thompson Angela K

Purchase Details

Closed on
Dec 30, 2009
Sold by
Thompson Angela K
Bought by
Thompson Vernell C

Purchase Details

Closed on
Oct 12, 2004
Sold by
Thompson Willie James and Thompson Vernell
Bought by
Thompson Angela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Baiano Investments Llc $160,000 Bankers T&E Svcs Inc
Tamayo Roberto -- None Available
Payret Aliana Milagros -- Attorney
Tamayo Roberto $110,000 Attorney
Rajoguev Investments Inc $80,000 Excel Title Inc
Thompson Angela K -- Attorney
Thompson Vernell C -- Attorney
Thompson Angela K $78,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tamayo Roberto $54,000
Previous Owner Thompson Angela K $74,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $160,000 -8.6% $88 / Sq Ft
10/09/2019 10/09/19 For Sale $175,000 +59.1% $96 / Sq Ft
05/10/2018 05/10/18 Sold $110,000 -21.4% $60 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $140,000 0.0% $77 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $140,000 0.0% $77 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/24/2018 02/24/18 Price Changed $140,000 +27.3% $77 / Sq Ft
01/16/2018 01/16/18 Price Changed $110,000 -8.3% $60 / Sq Ft
12/13/2017 12/13/17 For Sale $120,000 0.0% $66 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $120,000 -- $66 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,142 $149,773 -- --
2023 $4,078 $136,157 $45,305 $183,006
2022 $3,367 $123,779 $0 $0
2021 $3,121 $125,290 $7,000 $118,290
2020 $2,794 $102,296 $7,000 $95,296
2019 $2,611 $93,619 $7,000 $86,619
2018 $1,747 $82,162 $7,272 $74,890
2017 $1,434 $46,084 $5,817 $40,267
2016 $1,454 $46,084 $0 $0
2015 $1,456 $44,581 $0 $0
2014 $1,370 $40,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10753992

MIAMI REALTORS® MLS

APN: 04-37-43-31-07-001-0130