NOT LISTED FOR SALE

Estimated Value: $128,083 - $145,000

-- Bed
-- Bath
3,800 Sq Ft
$36/Sq Ft Est. Value

Last Sold April 16, 2018

Current estimated payment $940/month

137 Days on Market

About This Home

As of April 2018

This is not your typical 4-plex! Fully occupied with great cash flow. Downstairs units A & B were converted to one 4 bedroom, 2 bath personal residence for the owner. It's updated and well maintained. It could easily be converted back to 2 separate units if new owner prefers once the current lease ends. Upstairs units are also well maintained. 3 of the 4 A/C units are new. Each unit offers 2 bedrooms, 1 bath, a working fireplace, stove, refrigerator and washer/dryer hookups. Downstairs (what would be unit B) also has a dishwasher. Back yard has new wood fence. This is an end building with one side being an open pasture and is located toward the front of the community.

Last Agent to Sell the Property

Reba Crochet

District South Real Estate Co. License #47301 Listed on: 11/03/2017

Co-Listed By

Brian Crochet

District South Real Estate Co. License #0995689386

Last Buyer's Agent

Phillip Smith

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • 1980

Lot Details

  • 7,841

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Assigned Parking

Schools

  • Westside Elementary School
  • Scott Middle School
  • Acadiana High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Private Water Source

Community Details

  • 4 Units
  • Ile Des Cannes Subdivision

Listing and Financial Details

  • Tax Lot 145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

1980

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 0
  • Co List Office Mls Id: l001224
  • Co List Office Phone: 337-534-0555
  • Subdivision Name: Ile Des Cannes
  • Directions: Ambassador toward Scott, Left on Hebert, RT on Berlin, RT on Fairfax. Last building on left, no sign in yard.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1980

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Range, Refrigerator

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2020
Sold by
Ami Property Solutions Llc
Bought by
Hargrave Properties No 1 Llc
Total Days on Market
137
Current Estimated Value
$136,021

Purchase Details

Listed on
Nov 3, 2017
Closed on
Apr 16, 2018
Sold by
Fontenot Morgan Eliot Bret and Fontenot Morgan Jenny
Bought by
Ami Property Solutions Llc
Seller's Agent
Reba Crochet
District South Real Estate Co.
Buyer's Agent
Phillip Smith
Keller Williams Realty Acadiana
List Price
$135,000
Sold Price
$116,200
Premium/Discount to List
-$18,800
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%

Purchase Details

Closed on
Jan 26, 2015
Sold by
Drewpaul Llc
Bought by
Fontenot Morgan Eliot Bret and Fontenot Morgan Jeny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,039
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2005
Sold by
South Louisiana Properties Inc
Bought by
Armelin Lee Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.79%
Mortgage Type
Unknown
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
Hargrave Properties No 1 Llc $25,000 None Available
Ami Property Solutions Llc $116,200 None Available
Fontenot Morgan Eliot Bret $106,000 None Available
Armelin Lee Andrew $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fontenot Morgan Eliot Bret $104,039
Previous Owner Armelin Lee Andrew $60,000
Previous Owner Armelin Lee Andrew $11,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold -- -- --
03/21/2018 03/21/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $135,000 -- $36 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $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 $633 $9,850 $500 $9,350
2015 $201 $9,850 $500 $9,350
2013 -- $9,850 $500 $9,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 17011063

REALTOR® Association of Acadiana

APN: 6022856