NOT LISTED FOR SALE

10126 Bonnet Cove Ave Baton Rouge, LA 70810

Estimated Value: $174,000 - $248,000

3 Beds
3 Baths
1,800 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 05, 2022

Current estimated payment $1,501/month

136 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Ceiling Fan
  • En-Suite Primary Bedroom

About This Home

As of May 2022

The acquisition of the Bonnet Cove package gives investors the opportunity to acquire solid, easy to maintain rental units in a desirable location in Baton Rouge. The properties are also in close proximity to major retailers and employers. The property is 100% occupied which provides investors with cash flow on day 1. These units are easy to rent and there should be room to increase rents further. The current owner has had very little vacancy throughout the ownership. Also, the current owner is the original developer. These homes were built to sell off individually in 2008 but the recession hit and like so many housing developments being completed during this time, the houses went onto the rental market and have been on the rental market ever since. There is also an opportunity to purchase 5 lots on the same street. The acquisition could also be appealing to builders who are looking to develop townhome style units once the market makes sense to do so. Property Highlights: The Bonnet Cove property is in good condition. See below for property highlights. • Private, quiet street with easy access to Burbank Dr. • High end finishes and open floor plans • Tile flooring • Granite countertops in kitchen • Washer/Dryer connections • Vinyl and brick siding • Covered parking

Last Agent to Sell the Property

Chelsea Meng

Latter & Blum - Perkins License #0995686044 Listed on: 10/28/2021

Latter & Blum - Perkins

Last Buyer's Agent

Chelsea Meng

Latter & Blum - Perkins License #0995686044 Listed on: 10/28/2021

Latter & Blum - Perkins

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,582

Year Built

  • 2008

Lot Details

  • 1

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Additional Features

  • Lot Dimensions are 25x120
  • Mineral Rights
  • Central Heating and Cooling System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,582

Year Built

2008

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Class: Residential
  • Property Type: Attached Single Family
  • Property Sub Type: TOWNHOUSE
  • Style: Traditional Style
  • Number Stories: 2
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 2008

Interior Features

  • Bedrooms: 3
  • Master Bedroom: MBR En Suite Bath, MBR Ceiling Fan
  • Bathrooms: 3
  • Bathrooms Display: 3/
  • Full Bathrooms: 3
  • Room Types: Bedrm:Additnl, Bedrm:Master
  • Room Types Level1: Bedrm:Master (L1)
  • Room Types Level2: Bedrm:Additnl (L2+)
  • Room 1: Name: BEDRM:MASTER, On Level: 1, Dimensions: 11X13.6
  • Room 2: Name: BEDRM:ADDITNL, On Level: 2, Dimensions: 11X13.6
  • Room 3: Name: BEDRM:ADDITNL, On Level: 2, Dimensions: 11X13.6
  • Estimated Total Sq Ft: 2242
  • List Price per Living Sq Ft: 125
  • List Price T Sq Ft: 100.356824
  • Lower Level Sq Ft: 1000
  • Price Per Sq Ft: 125
  • Source Sq Ft: APPROXIMATE
  • Sq Ft Living: 1800
  • Storage Sq Ft: 105
  • Upper Level Sq Ft: 800

Exterior Features

  • Foundation: Slab: Traditional Found
  • Siding: Brick Siding, Stucco Siding

Garage/Parking

  • Parking: Covered Park

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat
  • Utilities Electric: ELEC: Entergy
  • Utilities Gas: GAS: None
  • Water Sewer: Public Sewer, Public Water

Condo/Co-op/Association

  • Association Fee: REQUIRED
  • Annual Association Fee: 960

Lot Info

  • Lot Number: 8
  • Estimated Age: 16-20 Years
  • Lot Dimensions: 25x120
  • Mineral Rights: CONVEYED

MLS Schools

  • School System: East Baton Rouge

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rkl Br2 Llc $35,000
Closed Musso Richard D $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold -- -- --
03/13/2022 03/13/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $225,000 -- $125 / Sq Ft
Source: Greater Baton Rouge 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 $2,582 $21,380 $1,100 $20,280
2023 $2,582 $21,380 $1,100 $20,280
2022 $2,062 $17,330 $1,100 $16,230
2021 $2,024 $17,330 $1,100 $16,230
2020 $2,005 $17,330 $1,100 $16,230
2019 $1,902 $15,750 $1,000 $14,750
2018 $1,878 $15,750 $1,000 $14,750
2017 $1,878 $15,750 $1,000 $14,750
2016 $1,832 $15,750 $1,000 $14,750
2015 $1,779 $15,300 $1,000 $14,300
2014 $1,741 $15,300 $1,000 $14,300
2013 -- $15,300 $1,000 $14,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2022006696

Greater Baton Rouge Association of REALTORS®

APN: 02559838