NOT LISTED FOR SALE

572 SW 5th St Belle Glade, FL 33430

Estimated Value: $214,000 - $251,000

4 Beds
2 Baths
1,300 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $30,000 $23 Per Sq Ft

Est. 680% increase in value since last sale

Current estimated payment $1,635/month

424 Days on Market

Highlights

  • Water Views
  • Patio
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2020

HANDYMAN SPECIAL: This duplex in the heart of Belle Glade has great income potential. Excellent location on a .12 acre lot - close to everything! Great investment opportunity. CASH OFFERS ONLY.

Last Agent to Sell the Property

Ryan Jennings

Keller Williams Realty - Welli License #3071853 Listed on: 04/02/2019

Keller Williams Realty - Welli

Last Buyer's Agent

Terry Tamlin

South Palm Realty License #0693147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $304

Year Built

  • Built in 1963

Lot Details

  • 5,227

Home Design

  • Duplex
  • Fixer Upper
  • Tar and Gravel Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Patio
  • 5,227 Sq Ft Lot

Community Details

  • 2 Units
  • Raders Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04374342050040360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$304

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: SW Avenue F to SW 5th Street
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1300.0

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Fixer
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 04374342050040360
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 304.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Ij Mcdonald Insurance Agency Inc
Bought by
Mcdonald Properties Of The Glades Llc
Current Estimated Value
$234,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$117,302
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$142,203

Purchase Details

Closed on
Jun 30, 2021
Sold by
Ace Holiding Inc
Bought by
Lj Mcdonald Insurance Agency Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 10, 2020
Sold by
Lc Kalar Investments Llc
Bought by
Ace Housing Inc
Seller's Agent
Ryan Jennings
Keller Williams Realty - Welli
Buyer's Agent
Terry Tamlin
South Palm Realty
List Price
$85,000
Sold Price
$30,000
Premium/Discount to List
-$55,000
-64.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.54%
Original Mortgage
$50,000
Interest Rate
3.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 22, 2019
Sold by
County Of Palm Beach
Bought by
Lc Kalar Investments Llc

Purchase Details

Closed on
Jul 23, 2002
Sold by
2 S B W & Associates
Bought by
Walker Dorothy M

Purchase Details

Closed on
Jun 27, 2002
Sold by
Jones Willie
Bought by
2 Sbw & Associates Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcdonald Properties Of The Glades Llc -- None Listed On Document
Mcdonald Properties Of The Glades Llc -- None Listed On Document
Lj Mcdonald Insurance Agency Inc $160,000 Attorney
Ace Housing Inc $30,000 Trident Title
Lc Kalar Investments Llc $14,520 None Available
Walker Dorothy M -- --
2 Sbw & Associates Inc $21,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Properties Of The Glades Llc $140,000
Closed Mcdonald Properties Of The Glades Llc $140,000
Previous Owner Lj Mcdonald Insurance Agency Inc $100,000
Previous Owner Ace Housing Inc $50,000
Previous Owner Walker Dorothy M $76,500
Previous Owner Walker Dorothy M $46,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $30,000 -64.7% $23 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
04/02/2019 04/02/19 For Sale $85,000 -- $65 / 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 $4,109 $159,063 -- --
2023 $3,858 $144,603 $8,886 $169,326
2022 $3,388 $131,457 $0 $0
2021 $634 $13,678 $5,000 $8,678
2020 $605 $12,768 $5,000 $7,768
2019 $555 $12,942 $5,000 $7,942
2018 $304 $11,799 $5,194 $6,605
2017 $480 $7,652 $4,155 $3,497
2016 $492 $8,088 $0 $0
2015 $497 $8,088 $0 $0
2014 $983 $26,553 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Jennings

    Seller's Agent in 2020

    Ryan Jennings

    Keller Williams Realty - Welli

    (561) 313-2627

    265 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Terry Tamlin

    South Palm Realty

    (561) 588-0660

    6 in this area

    26 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10518160

BeachesMLS

APN: 04-37-43-42-05-004-0360

Florida Palm Beach County Belle Glade 33430

572 SW 5th St, Belle Glade, FL

This home is located at 572 SW 5th St, Belle Glade, FL 33430 since 02 April 2019 and is currently estimated at $234,112, approximately $180 per square foot. This property was built in 1963. 572 SW 5th St is a home located in Palm Beach County with nearby schools including Glade View 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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