NOT LISTED FOR SALE

Estimated Value: $188,000 - $374,000

8 Beds
8 Baths
3,600 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 30, 2023

Current estimated payment $1,601/month

Highlights

  • Balcony
  • Porch
  • Central Air
  • Cul-De-Sac
  • Patio
  • Ceiling Fan

About This Home

As of June 2023

Well maintained 4 Plex in North Lafayette.. The property has a newer roof and a low maintenance brick exterior. Potential rental income is $2,500 per month and $30,000 yearly. Currently at 50% occupancy with a total of $1,190 in monthly rents coming in. Tenants pay all of their own utility expenses. The building is located above I-10, which helps with lower insurance premiums. These types of solid investments rarely come available, so don't miss out on your opportunity to get some really nice CASH flow!

Last Agent to Sell the Property

Jamie Knight

District South Real Estate Co. License #69168 Listed on: 05/11/2023

Last Buyer's Agent

Jennifer Duhon

Century 21 Action Realty License #0995685823

Century 21 Action Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,450 Sq Ft Lot
  • Lot Dimensions are 65' x 130'
  • Cul-De-Sac
  • Level Lot

Home Design

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

Interior Spaces

  • 3,600 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Live Oak Elementary School
  • Carencro Middle School
  • Carencro High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $1,190
  • Tenant pays for electricity, trash collection
  • The owner pays for sewer, water
  • Tax Lot 22

Community Details

Overview

  • 4 Units
  • Beau Chenes Subdivision

Building Details

  • 2 Leased Units
  • 2 Vacant Units
  • New Taxes Expense $1,264
  • Gross Income $14,280

Property Details

Home Type

Multi-Family

Lot Details

8,450 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.194
  • Lot Size: 65' x 130'
  • Subdivision Name: Beau Chenes
  • Directions: I-10 to W Gloria Switch Rd, Left on Montpellier Blvd, Left on Loire, Right on Cantal.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • List_136: 92.028399
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator, Electric Cooktop
  • Owner Pays: Sewer, Water
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Unit 1(Dining Room,Master Bedroom), Unit 2(Dining Room,Master Bedroom), Unit 3(Dining Room,Master Bedroom), Unit 4(Dining Room,Master Bedroom)
  • Living Area: 3600

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Level
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Exterior Features: Balcony, Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 8

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Live Oak
  • High School: Carencro
  • Middle Or Junior School: Carencro

Lot Info

  • Lot Size Sq Ft: 8450
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 14280
  • Number Of Units Leased: 2
  • Number Of Units Vacant: 2
  • Total Actual Rent: 1190
  • Income And Expenses Vacancy Allowance: 50

Tax Info

  • New Taxes Expense: 1264
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 30, 2023
Sold by
Jcd Fp Cantal Llc
Bought by
Tn Real Estate Investments Llc
Seller's Agent
Jamie Knight
District South Real Estate Co.
Buyer's Agent
Jennifer Duhon
Century 21 Action Realty
List Price
$190,000
Views
8
Current Estimated Value
$283,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.95%
Original Mortgage
$296,000
Outstanding Balance
$287,419
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$3,720

Purchase Details

Closed on
Jun 16, 2022
Sold by
Angela Navarre
Bought by
Coco Assets With Union Bank

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 6, 2016
Sold by
Benoit Frederick
Bought by
Jcd Fp Cantal Llc
Seller's Agent
Cynthia Ahart
Coldwell Banker Pelican R.E.
Buyer's Agent
Beau Bourque
Latter & Blum
List Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tn Real Estate Investments Llc $370,000 None Listed On Document
Coco Assets With Union Bank $553 None Listed On Document
Jcd Fp Cantal Llc $120,000 Tuten Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tn Real Estate Investments Llc $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold -- -- --
05/12/2023 05/12/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $190,000 -59.6% $53 / Sq Ft
10/06/2016 10/06/16 Sold -- -- -- View Prior Sale
09/21/2016 09/21/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $470,000 -- $131 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $1,312 $12,470 $1,136 $11,334
2023 $1,312 $12,089 $1,136 $10,953
2022 $1,265 $12,089 $1,136 $10,953
2021 $1,269 $12,090 $600 $11,490
2020 $1,265 $12,090 $600 $11,490
2019 $996 $12,090 $600 $11,490
2018 $1,234 $12,090 $600 $11,490
2017 $1,232 $12,090 $600 $11,490
2015 $1,231 $12,090 $600 $11,490
2013 -- $12,090 $600 $11,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23004065

REALTOR® Association of Acadiana

APN: 6023741

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