NOT LISTED FOR SALE

Estimated Value: $128,000 - $211,626

2 Beds
1 Bath
900 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2012

Current estimated payment $1,234 / mo

11 Days on Market

About This Home

As of March 2012

Three fourplexes for sale at an incredible 13.5% cap rate. Currently 100% occupied and many recent updates to each unit. HOA includes trash & grass cutting & yard maintenance. Terrific opportunity for great returns on your investment and can include property management company currently in place. Please do not disturb tenants. Please make all offers subject to physical inspection of property. No showing until accepted contract & buyer proof of funds or prequalification letter. Can be sold individually for $115,000 each.

Last Agent to Sell the Property

Philip Devey

Coldwell Banker Pelican R.E. Listed on: 03/01/2012

Last Buyer's Agent

Philip Devey

Coldwell Banker Pelican R.E.

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,405

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 12 Parking Spaces

Home Design

  • 900 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Prairie Elementary School
  • Scott Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $500
  • Tenant pays for cable/sat TV, electricity
  • The owner pays for sewer, trash collection, water
  • Tax Lot 67,44,38

Community Details

Overview

  • 12 Units
  • Ile Des Cannes Subdivision

Building Details

  • Other Expense $3,600
  • New Taxes Expense $2,550
  • Gross Income $72,000
  • Net Operating Income $44,670

Property Details

Home Type

Multi-Family

Lot Details

7,405 Sq Ft Lot

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 0
  • CapRate: 0.144096
  • Subdivision Name: Ile Des Cannes
  • Directions: Ambassador Caffery to Dulles; take Dulles towards Duson; turn left on Hebert Rd.; turn right on Sweetbriar St.
  • New Construction: No
  • Structure Type: Unit 1(Flat)
  • ResoPropertyType: ResidentialIncome
  • List_136: 92.102506
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 900

Exterior Features

  • Construction Type: Brick, Frame, Brick Veneer
  • Foundation Details: Slab
  • Property Condition: 21 - 30 Years

Garage/Parking

  • Total Parking Spaces: 12

Utilities

  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Commercial Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Prairie
  • High School: Acadiana
  • Middle Or Junior School: Scott

Lot Info

  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable/Sat TV, Electricity

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 72000
  • Property Net Operating Income: 44670
  • Total Actual Rent: 500

Tax Info

  • New Taxes Expense: 2550
  • Tax Lot: 67,44,38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2016
Sold by
W Teri Properties Llc
Bought by
Dupre Property Abnd Management Company L
Current Estimated Value
$160,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,880
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2009
Sold by
Bac Home Loans Servicing Lp
Bought by
Opis Investmetns Llc

Purchase Details

Closed on
Feb 28, 2007
Sold by
Mccann Simon Lynda
Bought by
Sipe Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,520
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Melancon Linsey P and Melancon Linsey P
Bought by
Mccann Simon Lynda
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dupre Property Abnd Management Company L $110,000 None Available
Opis Investmetns Llc $105,000 None Available
Opis Investments Llc $105,000 None Available
Sipe Anthony $121,900 None Available
Mccann Simon Lynda $76,000 None Available
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 Dupre Property Abnd Management Company L $88,880
Previous Owner Sipe Anthony $97,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2012 03/29/12 Sold -- -- --
03/13/2012 03/13/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $330,000 -- $367 / Sq Ft
Source: REALTOR® Association of Acadiana

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
2025 $899 $10,316 $500 $9,816
2024 $911 $10,316 $500 $9,816
2023 $911 $9,850 $500 $9,350
2022 $867 $9,850 $500 $9,350
2021 $871 $9,850 $500 $9,350
2020 $870 $9,850 $500 $9,350
2019 $827 $9,850 $500 $9,350
2018 $845 $9,850 $500 $9,350
2017 $844 $9,850 $500 $9,350
2015 $841 $9,850 $500 $9,350
2013 -- $9,850 $500 $9,350
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 12233105

REALTOR® Association of Acadiana

APN: 6054982

Your Personal Tour Guide

Ask me questions while you tour the home.