NOT LISTED FOR SALE

Estimated Value: $138,090 - $149,000

8 Beds
7 Baths
3,600 Sq Ft
$40/Sq Ft Est. Value

Last Sold October 26, 2020

Current estimated payment $984/month

1 Day on Market

Highlights

  • Corner Lot
  • Fireplace
  • Ceramic Tile Flooring
  • High Ceiling
  • Community Playground
  • Central Heating and Cooling System

About This Home

As of October 2020

Well cared for fourplex with long term tenants. Current income of $2,600 per month($31,200.00 potential yearly income)! Building is located in the front of thesubdivision; location has proven to be more desirable for tenants renting in the subdivision. Units are townhome style with 2 bedrooms and a full bath upstairs with a halfbath downstairs. Mostly brick exterior and stairs located on the interior make these units lower maintenance than similar buildings with exposed stairs and walkways. All 4units have a fireplace and Washer/Dryer hookup. Great rental history and record of positive cash flow! Don't miss your opportunity to add to your monthly income.

Last Agent to Sell the Property

Alina Perro

EXP Realty, LLC License #0995695121 Listed on: 08/20/2020

EXP Realty, LLC

Last Buyer's Agent

Lauren Judice

EXP Realty, LLC License #0995694836

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $950

Year Built

  • 1980

Lot Details

  • 6,534

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 10 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Corner Lot

Listing and Financial Details

  • Total Actual Rent $2,600
  • Tenant pays for broadband/internet access, cable/sat TV, electricity
  • The owner pays for sewer, water
  • Tax Lot 147

Community Details

Overview

  • 4 Units
  • Ile Des Cannes Subdivision

Recreation

  • Community Playground

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$950

Year Built

1980

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Ile Des Cannes
  • Directions: Ambassdor Caffery to Dulles turn right; turn left on Herbert Rd; right on Berlin, right on Fairfax first set of units on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 1(Twinhome), Unit 2(Twinhome), Unit 3(Twinhome), Unit 4(Twinhome)
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1980

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Other Equipment: Individual Meter
  • Owner Pays: Sewer, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: Unit 1 Fireplace, Unit 2 Fireplace, Unit 3 Fireplace, Unit 4 Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: High Ceilings, Ceiling Fan(s)

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot
  • Construction Type: Brick, Brick Veneer
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s),Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Total Actual Rent: 2600

Tax Info

  • Tax Lot: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 26, 2020
Sold by
Hebert Dawn Nell and Hebert Luke
Bought by
J & L Properties Of New Iberia Llc
Seller's Agent
Alina Perro
EXP Realty, LLC
Buyer's Agent
Lauren Judice
EXP Realty, LLC
List Price
$120,000
Sold Price
$114,000
Premium/Discount to List
-$6,000
-5%
Total Days on Market
1
Current Estimated Value
$143,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,523
Avg. Annual Appreciation
5.12%
Original Mortgage
$91,200
Outstanding Balance
$82,210
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$61,313

Purchase Details

Closed on
Nov 19, 2019
Sold by
Harris John Patrick and Harris Richalette Michelle
Bought by
Hebert Dawn Nell

Purchase Details

Closed on
Jun 5, 2019
Sold by
Mouton Williams Terry Marie and Williams John A
Bought by
Harris John Patrick and Harris Richalette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,425
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
J & L Properties Of New Iberia Llc $114,000 None Available
Hebert Dawn Nell $100,000 None Available
Harris John Patrick $109,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & L Properties Of New Iberia Llc $91,200
Previous Owner Harris John Patrick $82,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold -- -- --
08/21/2020 08/21/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $120,000 -- $33 / 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 $950 $10,764 $500 $10,264
2023 $950 $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 $844 $9,850 $500 $9,350
2015 $841 $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: 20007514

REALTOR® Association of Acadiana

APN: 6072756