$125,000
SOLD JAN 29, 2015

566 SW 3rd St Belle Glade, FL 33430

-- Bed
-- Bath
3,224 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

34% Below List Price

185 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Garden View

About This Home

As of March 2018

Great cash cow property! Owner wants to sell this property and his 16 unit bldg 11st. Buy both and get a package. Call today!

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 06/27/2014

Last Buyer's Agent

James Boucher

United Realty Group Inc License #3113643

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,126

Year Built

  • Built in 1977 | Newly Remodeled

Interior Spaces

  • 3,224 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Additional Features

  • 5,227 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Total Actual Rent $31,200
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 04374342070020240

Community Details

Overview

  • 4 Units
  • Raders Sub 3 B G Subdivision

Building Details

  • Operating Expense $4,000
  • Net Operating Income $27,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,126

Year Built

Built in 1977 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Martin Luther King Blvd to SW 3rd St. 2nd to last Bldg at teh end of the block before you hit SW F Ave.
  • Year Built: 1977
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3224.0

Exterior Features

  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Other

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 04374342070020240
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 27200.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 4000.0
  • Total Actual Rent: 31200.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2126.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Mar 6, 2018
Sold by
Bmc Belle Glade Llc
Bought by
Robuste Yvonne
Seller's Agent
James Boucher
United Realty Group Inc
Buyer's Agent
Jerry Gousse
United Realty Group, Inc
List Price
$269,900
Sold Price
$200,000
Premium/Discount to List
-$69,900
-25.9%
Current Estimated Value
$428,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,501
Avg. Annual Appreciation
11.40%
Original Mortgage
$110,000
Outstanding Balance
$94,990
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$349,990

Purchase Details

Closed on
Nov 13, 2017
Sold by
Bmc Belle Glade Llc
Bought by
Bmc Belle Glade Llc

Purchase Details

Closed on
Feb 16, 2016
Sold by
Ciarlariello Bruce M
Bought by
Bmc Belle Glade Llc

Purchase Details

Listed on
Jun 27, 2014
Closed on
Jan 29, 2015
Sold by
Knowles Kenneth L
Bought by
Ciarlariello Bruce M
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
James Boucher
United Realty Group Inc
List Price
$189,000
Sold Price
$125,000
Premium/Discount to List
-$64,000
-33.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
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 Type Sale Price Title Company
Warranty Deed $200,000 Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- None Available
Warranty Deed $125,000 Shore To Shore Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 New Conventional
Previous Owner $124,589 Unknown
Previous Owner $28,500 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2018 03/06/18 Sold $200,000 -25.9% $62 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $269,900 +115.9% $84 / Sq Ft
01/29/2015 01/29/15 Sold $125,000 -33.9% $39 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $189,000 -- $59 / 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 $7,046 $259,425 -- --
2023 $6,562 $235,841 $8,886 $311,736
2022 $5,834 $214,401 $0 $0
2021 $5,428 $223,506 $5,000 $218,506
2020 $4,836 $179,446 $5,000 $174,446
2019 $4,479 $161,083 $5,000 $156,083
2018 $2,863 $137,003 $5,194 $131,809
2017 $2,330 $73,936 $4,155 $69,781
2016 $2,388 $75,044 $0 $0
2015 $2,426 $74,567 $0 $0
2014 $2,310 $67,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10052690

BeachesMLS

APN: 04-37-43-42-07-002-0240