Seller's Agent in 2024
Mary McKinney
RE/MAX
(337) 515-2403
42 Total Sales
Last list price
1016 Kim St Sulphur, LA 70663
--
Bed
--
Bath
--
Sq Ft
0.72
Acres
Highlights
- Central Heating and Cooling System
- Ceiling Fan
- Back and Front Yard
- Frasch Elementary School Rated A-
- Laundry Facilities
- 1-Story Property
About This Home
As of September 2024Welcome to this quaint duplex, a perfect investment opportunity and an ideal destination forAirbnb rentals. This fully furnished property is an irresistible choice for guests seeking comfortand space during their stay. Situated on a generous lot spanning 0.71 acres, the propertyfeatures two separate living spaces, each with its own unique charm and layout. Unit 1 boasts1,086 square feet of thoughtfully designed living space, providing a spacious and welcomingenvironment for guests. This unit comes with a Range/Oven, Refrigerator, and Washer/Dryer.The kitchen and bathrooms were remodeled within the past 1-5 years, offering modern fixtures,sleek countertops, and ample storage. Unit 2 offers a cozy yet comfortable living space,spanning 567 square feet. This charming unit is perfect for smaller groups or couples seeking amore intimate and private experience. It also features a fully equipped kitchen with oneRange/Oven, a refrigerator, and a private bathroom. Roof replaced in 2020. The expansive lotallows for endless possibilities, whether it be creating recreational areas, installing a garden, oreven expanding the property further. Located in a desirable area, this duplex presents anexcellent opportunity to generate passive income through Airbnb rentals. Guests will appreciatethe convenience of nearby attractions, restaurants, and entertainment options, ensuring amemorable and enjoyable experience. Don't miss out on this turnkey investment property.Property lies in Flood Zone X, where flood insurance is not typically required. Whether you're aseasoned investor or simply looking for a beautiful Airbnb opportunity, this fully furnished duplexis ready to welcome guests and provide a lucrative return on investment. Owner financing available. Schedule a showingtoday and envision the endless possibilities that await you!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $282
Year Built
- Built in 1965
Lot Details
- 0.72 Acre Lot
- Lot Dimensions are 113x277
- Back and Front Yard
Parking
- Parking Available
Home Design
- Cosmetic Repairs Needed
Interior Spaces
- 1-Story Property
- Ceiling Fan
Kitchen
- Electric Oven
- Electric Range
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 00792195
Community Details
Overview
- 2 Units
- 1,653 Sq Ft Building
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 1 Separate Water Meter
- Gross Income $2,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2023
Closed on
Sep 20, 2024
Sold by
Rabatie Enterprises Llc
Bought by
Reeves Rentals Llc
Seller's Agent
Mary McKinney
RE/MAX ONE
Buyer's Agent
Mary McKinney
RE/MAX ONE
List Price
$177,000
Sold Price
$207,000
Premium/Discount to List
$30,000
16.95%
Views
173
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,667
Avg. Annual Appreciation
-6.81%
Original Mortgage
$164,000
Outstanding Balance
$163,093
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$33,240
Purchase Details
Closed on
Apr 21, 2023
Sold by
Gilbert Gerald Dwayne
Bought by
Rabatie Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,180
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2011
Sold by
Cormier Michael J and Cormier Tammy
Bought by
Wells Fargo Bank National Association
Purchase Details
Closed on
Jun 28, 2011
Sold by
Wells Fargo Bank National Association
Bought by
Gilbert Gerald Dwayne
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $207,000 | None Listed On Document | |
| Deed | $900,000 | None Listed On Document | |
| Sheriffs Deed | $13,666 | None Available | |
| Cash Sale Deed | $24,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $164,000 | New Conventional | |
| Previous Owner | $553,180 | New Conventional | |
| Previous Owner | $738,938 | New Conventional | |
| Previous Owner | $46,250 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | -- | -- | -- |
| 07/15/2024 07/15/24 | Pending | -- | -- | -- |
| 02/06/2024 02/06/24 | Price Changed | $176,000 | -0.6% | -- |
| 11/01/2023 11/01/23 | For Sale | $177,000 | 0.0% | -- |
| 09/30/2023 09/30/23 | Pending | -- | -- | -- |
| 07/17/2023 07/17/23 | For Sale | $177,000 | -- | -- |
Source: Greater Southern MLS
Tax History Compared to Growth
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 | $2,470 | $640 | $1,830 |
| 2023 | $282 | $2,470 | $640 | $1,830 |
| 2022 | $282 | $2,470 | $640 | $1,830 |
| 2021 | $284 | $2,470 | $640 | $1,830 |
| 2020 | $258 | $2,260 | $610 | $1,650 |
| 2019 | $283 | $2,420 | $590 | $1,830 |
| 2018 | $269 | $2,420 | $590 | $1,830 |
| 2017 | $277 | $2,420 | $590 | $1,830 |
| 2016 | $272 | $2,420 | $590 | $1,830 |
| 2015 | $285 | $2,420 | $590 | $1,830 |
Source: Public Records
Agents Affiliated with this Home
-
Mary McKinney
-
Madalyn Gordon
Seller Co-Listing Agent in 2024
Madalyn Gordon
RE/MAX
(337) 249-0721
19 Total Sales
Map
Source: Greater Southern MLS
MLS Number: SWL23004460
APN: 00792195
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