NOT LISTED FOR SALE

1009 Fall St Lake Charles, LA 70601

Estimated Value: $58,000 - $70,000

-- Bed
2 Baths
864 Sq Ft
1943 Built

Last Sold January 19, 2024

Current estimated payment $361/month

77 Days on Market

About This Home

As of January 2024

Seller to offer $3,000 in buyer's concessions! Great investment opportunity. Two homes on one lot. Front house is 2 bedrooms, 1 bath. Rear unit has 1 large room, large kitchen, 1 bath with walk in closet.

Last Agent to Sell the Property

Bayleigh Rigdon

EXIT Bayou Realty License #995715033 Listed on: 09/25/2023

Last Buyer's Agent

Brian Griggs

Keller Williams Realty Lake Ch License #995693842

Property Details

Home Type

Condominium

Est. Annual Taxes

$282

Year Built

1943

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: 126x50
  • Co List Office Mls Id: 423
  • Co List Office Phone: 337-905-9000
  • Subdivision Name: Himount Ne
  • Directions: Louisiana and Bank from East Prien Lake Rd, North on Kirkman, Right on Fall past first stop sign, home is on the left.
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Year Built: 1943

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Range
  • Stories: 1
  • Stories: 1

Utilities

  • Green Building Features: Appliances
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 800.0
  • Annual Water Sewer Expense: 700.0

Lot Info

  • Land Lease: No
  • Land Lease Expiration Date: 2024-03-25
  • Additional Parcels: No

Rental Info

  • Rent Control: Yes

Multi Family

  • Annual Gross Income: 14700.0
  • Insurance Expense: 1467.0
  • Property Net Operating Income: 11733.0
  • Annual Operating Expense: 2967.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Jan 26, 2024
Sold by
Dwg Properties Llc
Bought by
Intelligent Investments Inc
Seller's Agent
Bayleigh Rigdon
EXIT Bayou Realty
Buyer's Agent
Brian Griggs
Keller Williams Realty Lake Ch
List Price
$79,900
Views
41
Current Estimated Value
$63,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.84%
Original Mortgage
$55,600
Outstanding Balance
$54,729
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$9,210

Purchase Details

Closed on
Feb 22, 2007
Sold by
Medicis Jeanette
Bought by
Dwg Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,600
Interest Rate
6.17%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Intelligent Investments Inc $69,500 None Listed On Document
Dwg Properties Llc $42,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Intelligent Investments Inc $55,600
Previous Owner Dwg Properties Llc $36,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold -- -- --
12/11/2023 12/11/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $79,900 -- $92 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

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 $282 $2,910 $1,030 $1,880
2023 $282 $2,910 $1,030 $1,880
2022 $293 $2,910 $1,030 $1,880
2021 $256 $2,910 $1,030 $1,880
2020 $276 $2,690 $990 $1,700
2019 $297 $2,830 $950 $1,880
2018 $300 $2,830 $950 $1,880
2017 $299 $2,830 $950 $1,880
2016 $297 $2,830 $950 $1,880
2015 $297 $2,830 $950 $1,880
Source: Public Records

Agents Affiliated with this Home

  • Bayleigh Rigdon

    Seller's Agent in 2024

    Bayleigh Rigdon

    EXIT Bayou Realty

    (337) 226-9736

    208 Total Sales

    Bayleigh Rigdon
    Section Image

  • B

    Buyer's Agent in 2024

    Brian Griggs

    Keller Williams Realty Lake Ch

See All Agents

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL23005958

APN: 00432709

Louisiana Calcasieu Parish Lake Charles 70601

1009 Fall St, Lake Charles, LA

This home is located at 1009 Fall St, Lake Charles, LA 70601 since 25 September 2023 and is currently estimated at $63,939, approximately $74 per square foot. This property was built in 1943. 1009 Fall St is a home located in Calcasieu Parish with nearby schools including College Oaks Elementary School, Oak Park Middle School, and LaGrange High School.

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