NOT LISTED FOR SALE

111 Lambda St Belle Chasse, LA 70037

Estimated Value: $364,000 - $448,000

8 Beds
4 Baths
3,000 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 31, 2023

Current estimated payment $2,476/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • ENERGY STAR Qualified Water Heater
  • Belle Chasse Middle School Rated A-
  • Central Heating and Cooling System
  • Energy-Efficient Windows

About This Home

As of January 2023

Income producing 4 plex! Great opportunity to start your investment portfolio or add to it! All 4 units were renovated in 2008 with many upgrades completed throughout ownership. All units are currently occupied. New roof installed less than a year ago. Ceramic tiles throughout each unit. Separate utilities. Ample parking available. Laundry on site for tenant use.

Last Agent to Sell the Property

BRITTANY MARCOMB

WayMaker Realty, LLC License #NOM:995701157 Listed on: 12/13/2022

Last Buyer's Agent

AMANDA LATAXES

Blue Heron Realty License #NOM:995713121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 8,638 Sq Ft Lot
  • Lot Dimensions are 72x115
  • Property is in very good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Masonite

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Assigned Parking

Schools

  • Belle Chasse Elementary And Middle School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • ENERGY STAR Qualified Water Heater

Additional Features

  • Energy-Efficient Windows
  • Porch
  • Outside City Limits

Community Details

  • 4 Units
  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70037111LambdaST115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,009

Year Built

Built in 2008 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: LOT 115, SQ G, CONCESSION FRONT THIRD S/D - 72' FRONT ON S SIDE OF LAMBDA ST X 120'. 4 PLEX
  • Lp Amt Sq Ft: 133.33
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 2008
  • Age: 40
  • Age Description: Resale
  • Age Description 2: Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2008

Interior Features

  • Room Count: 6
  • Estimated Living Area: 3000
  • Total Sq Ft: 3000

Exterior Features

  • Pool Type: None
  • Exterior: Brick, Masonite
  • ExteriorFeatures: Porch
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Three or More, Assigned

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central, Gas
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Schools

  • Elementary School: Belle Chasse
  • Middle School: Belle Chasse

Lot Info

  • Acres: 0.1983
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 115
  • Lot Size: 72x115
  • Parcel #: 70037111LambdaST115

Green Features

  • Energy Efficient Features: Water Heater, Windows
  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 8
  • Total Full Baths All Units: 4
  • Total Rent All Units: 3300
  • Total Units: 4
  • Unit Count: 4

MLS Schools

  • Elementary School: Belle Chasse
  • Middle School: Belle Chasse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Jan 31, 2023
Sold by
Murina Slavic Vedranka and Murina Juric
Bought by
Jabso Llc
Seller's Agent
BRITTANY MARCOMB
WayMaker Realty, LLC
Buyer's Agent
AMANDA LATAXES
Blue Heron Realty
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Views
27
Current Estimated Value
$414,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,449
Avg. Annual Appreciation
-1.05%
Source: Public Records

Range of Values:

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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
Jabso Llc $395,000 Arpent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slavic Vedranka M $168,000
Previous Owner -- $150,796
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold -- -- --
12/17/2022 12/17/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $400,000 -- $133 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $2,009 $28,214 $5,400 $22,814
2023 $1,805 $25,530 $5,400 $20,130
2022 $1,799 $25,530 $5,400 $20,130
2021 $1,812 $25,530 $5,400 $20,130
2020 $1,790 $25,530 $5,400 $20,130
2019 $1,614 $23,515 $5,947 $17,568
2018 $1,551 $23,515 $5,947 $17,568
2017 $1,587 $23,515 $5,947 $17,568
2015 $1,479 $22,575 $5,495 $17,080
2014 $1,479 $22,575 $5,495 $17,080
2013 $1,412 $22,575 $5,495 $17,080
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    BRITTANY MARCOMB

    WayMaker Realty, LLC

    (504) 233-8223

    2 in this area

    48 Total Sales

    BRITTANY MARCOMB
    Section Image
  • AMANDA LATAXES

    Buyer's Agent in 2023

    AMANDA LATAXES

    Blue Heron Realty

    (504) 400-0251

    9 in this area

    110 Total Sales

    AMANDA LATAXES
    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2374161

Gulf South Real Estate Information Network

APN: 1311435

Louisiana Plaquemines Parish Belle Chasse 70037

111 Lambda St, Belle Chasse, LA

This home is located at 111 Lambda St, Belle Chasse, LA 70037 since 13 December 2022 and is currently estimated at $414,449, approximately $138 per square foot. This property was built in 2008. 111 Lambda St is a home located in Plaquemines Parish with nearby schools including Belle Chasse Middle School, Belle Chasse High School, and Belle Chasse Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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