NOT LISTED FOR SALE

665 SW 8th St Belle Glade, FL 33430

Estimated Value: $270,000 - $295,000

-- Bed
2 Baths
1,860 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $75,000 $40 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $1,896/month

187 Days on Market

About This Home

As of June 2017

Duplex consisting of 2 3/1 units. Well maintained. Central air in both units. Brand new AC unit in the front unit. One unit currently rented out at $900 per month. The other unit is currently vacant. One unit covers expenses and debt service. When both units are rented, cash flow generates great ROI. Perfect for the seasoned landlord or a owner occupant who wants their tenant to pay their mortgage payment. Priced below market.

Last Agent to Sell the Property

Scott Tennell

Total Solution Realty Inc. License #677938 Listed on: 10/27/2016

Last Buyer's Agent

Stephanie Klein

Ruth Klein Realty, Inc. License #3346519

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Clay Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 04374342080020310

Community Details

Overview

  • 2 Units
  • Rutledge Subdivision

Building Details

  • Operating Expense $3,000
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,519

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Southern Blvd (US98) West to Main Street. Turn Left on Main to Martin Luther King Blvd. Turn right onto MLK to SW 8th St. Turn Left onto SW 8th. Subject on the left.
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Clay
  • Living Area: 1860.0

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 04374342080020310
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 18600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3000.0
  • Total Actual Rent: 21600.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1519.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Steiner Greg
Bought by
Blackmon Ontario
Current Estimated Value
$282,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Outstanding Balance
$209,751
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$82,243

Purchase Details

Listed on
Oct 27, 2016
Closed on
Jun 2, 2017
Sold by
Private Money Mortgage Inc
Bought by
Steiner Greg
Seller's Agent
Scott Tennell
Total Solution Realty Inc.
Buyer's Agent
Stephanie Klein
Ruth Klein Realty, Inc.
List Price
$95,000
Sold Price
$75,000
Premium/Discount to List
-$20,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$56,250
Interest Rate
4.03%
Mortgage Type
New Conventional
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
Blackmon Ontario $282,000 Advisors Title
Steiner Greg $75,000 United Title Agencies 1 Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackmon Ontario $211,500
Previous Owner Steiner Greg $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $75,000 -21.1% $40 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $95,000 -- $51 / 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 $4,206 $153,066 -- --
2023 $3,989 $139,151 $8,929 $192,370
2022 $3,486 $126,501 $0 $0
2021 $3,243 $131,626 $5,000 $126,626
2020 $2,908 $108,345 $5,000 $103,345
2019 $2,696 $97,466 $5,000 $92,466
2018 $2,422 $86,402 $5,194 $81,208
2017 $1,490 $47,148 $4,155 $42,993
2016 $1,510 $47,148 $0 $0
2015 $1,519 $45,741 $0 $0
2014 $1,430 $41,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Tennell

    Seller's Agent in 2017

    Scott Tennell

    Total Solution Realty Inc.

    (561) 753-9693

    14 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Stephanie Klein

    Ruth Klein Realty, Inc.

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Map

Source: BeachesMLS

MLS Number: R10278370

BeachesMLS

APN: 04-37-43-42-08-002-0310

Florida Palm Beach County Belle Glade 33430

665 SW 8th St, Belle Glade, FL

This home is located at 665 SW 8th St, Belle Glade, FL 33430 since 27 October 2016 and is currently estimated at $282,201, approximately $151 per square foot. This property was built in 1973. 665 SW 8th 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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