NOT LISTED FOR SALE

Estimated Value: $216,000 - $283,000

8 Beds
8 Baths
4,000 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 21, 2024

Current estimated payment $1,617/month

About This Home

As of March 2024

Here it is!! This represents one of the finest and most exclusive multifamily investment opportunities in the area. The quadplex has been expertly managed by top-tier professionals, meticulously renovated, and consistently well-maintained. Rental rolls are reaching the peak for similar units in this locality. Act swiftly in making your decision, as opportunities like these are in high demand and won't be available for long.

Last Listed By

Matthew Delcambre

Keaty Real Estate Team License #995712933 Listed on: 02/22/2024

Keaty Real Estate Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,980

Year Built

  • 1990

Lot Details

  • 7,350 Sq Ft Lot
  • Lot Dimensions are 70 x 105

Home Design

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

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 10 Parking Spaces
  • Assigned Parking

Schools

  • Drexel Elementary School
  • Broussard Middle School
  • Comeaux High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $3,250
  • Tax Lot 70

Community Details

Overview

  • 4 Units
  • Oakcreek Subdivision

Building Details

  • 4 Leased Units
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,980

Year Built

1990

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1687
  • Lot Size: 70 x 105
  • Subdivision Name: Oakcreek
  • Directions: From Pinhook turn onto Sunstone. Sunstone will turn into Row 4 and first building on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built (Public Record): 1990

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Tile
  • Living Area: 4000

Exterior Features

  • Construction Type: Frame, Brick Veneer
  • Foundation Details: Slab
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 10

Utilities

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

Schools

  • Elementary School: Drexel
  • High School: Comeaux
  • Middle Or Junior School: Broussard

Lot Info

  • Lot Size Sq Ft: 7350
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39000
  • Number Of Units Leased: 4
  • Total Actual Rent: 3250

Tax Info

  • Tax Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 21, 2024
Sold by
H & K Properties Of La Llc
Bought by
102 Row Four Llc
Seller's Agent
Matthew Delcambre
Keaty Real Estate Team
Buyer's Agent
Philip Devey
Coldwell Banker Pelican R.E.
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Total Days on Market
0
Views
14
Current Estimated Value
$261,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,159
Avg. Annual Appreciation
-4.28%
Original Mortgage
$220,000
Outstanding Balance
$217,811
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$44,030

Purchase Details

Closed on
Jun 12, 2009
Sold by
Krahn Friedrichs David S and Krahn Friedrichs Barbara
Bought by
Friedrichs Rental Properties Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
102 Row Four Llc $275,000 None Listed On Document
Friedrichs Rental Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 102 Row Four Llc $220,000
Previous Owner H & K Properties Of La Llc $196,807
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold -- -- --
02/23/2024 02/23/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $290,000 -- $73 / 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 $1,980 $22,427 $2,218 $20,209
2023 $1,980 $17,500 $2,218 $15,282
2022 $1,541 $17,500 $2,218 $15,282
2021 $1,547 $17,500 $2,218 $15,282
2020 $1,546 $17,500 $2,218 $15,282
2019 $1,469 $17,500 $2,218 $15,282
2018 $1,501 $17,500 $2,218 $15,282
2017 $1,499 $17,500 $500 $17,000
2015 $1,366 $17,500 $500 $17,000
2013 -- $16,000 $500 $15,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Home in Lafayette, LA

  • 201 High Meadows Blvd Unit 125-128, Lafayette, LA 70507

    $240,000

    • 8 Beds
    • 8 Baths
    • 4,200 Sq Ft
    • 201 High Meadows Blvd
    • Unit 125-128
    • Lafayette, LA

    4-Plex Condo For Sale. A great hands off managed property. HOA handles all of the property management as well as the common areas. Please use this link to view interior pictures of similar units in this complex. https://www.apartments.com/the-meadows-apartments-lafayette-la/bs66m48/

    Andrew Angerer Century 21 Action Realty

    Section Image

Source: REALTOR® Association of Acadiana

MLS Number: 24001641

REALTOR® Association of Acadiana

APN: 6043643