NOT LISTED FOR SALE

1113 Dimarco St Marrero, LA 70072

Estimated Value: $376,667

8 Beds
8 Baths
3,600 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 30, 2022

Current estimated payment $2,223/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Rectangular Lot
  • Ray St. Pierre Academy for Advanced Studies Rated A

About This Home

As of August 2022

Great investment cash flow opportunity located in Marrero, Louisiana! This income producing four plex offers townhouse style units with inside laundry hookups. Currently Generating $3,325 a month! Each unit has 2 bedrooms/ 1.5 bathrooms and new roof 2021. X Flood Zone! Sold AS IS. Schedule your showing today!!!

Last Agent to Sell the Property

Kimberly Silva

Homesmart Realty South License #995702535 Listed on: 07/12/2022

Homesmart Realty South

Last Buyer's Agent

SAGE THOMPSON

The Sage Firm License #995715296

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,707

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Rectangular Lot
  • Property is in average condition

Parking

  • Driveway

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 700721113DimarcoST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,707

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1584
  • Lot Size: 50X120
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 44
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3600.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Average Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700721113DimarcoST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 30, 2022
Sold by
Willie Chess Iii
Bought by
Mundy Paul
Seller's Agent
Kimberly Silva
Homesmart Realty South
Buyer's Agent
SAGE THOMPSON
The Sage Firm
List Price
$425,000
Current Estimated Value
$376,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$343,660
Outstanding Balance
$329,075
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$47,592

Purchase Details

Closed on
Sep 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Chess Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,538
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2012
Sold by
Normand Sheriff Newell D and Canlas Richard M P
Bought by
Federal Natl Mtg Assoc

Purchase Details

Closed on
Oct 18, 2004
Sold by
A J B Properties L L C
Bought by
Canlas Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,800
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mundy Paul $350,000 --
Chess Willie $112,200 --
Federal Natl Mtg Assoc $136,178 --
Canlas Richard $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mundy Paul $343,660
Previous Owner Chess Willie $118,538
Previous Owner Canlas Richard $8,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold -- -- --
07/31/2022 07/31/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $425,000 -- $118 / Sq Ft
Source: ROAM MLS

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 $2,707 $33,250 $3,390 $29,860
2023 $3,531 $33,250 $3,390 $29,860
2022 $1,804 $13,480 $3,390 $10,090
2021 $1,705 $13,480 $3,390 $10,090
2020 $1,669 $13,480 $3,390 $10,090
2019 $1,560 $12,000 $3,020 $8,980
2018 $549 $12,000 $3,020 $8,980
2017 $1,406 $12,000 $3,020 $8,980
2016 $1,380 $12,000 $3,020 $8,980
2015 $430 $11,220 $2,420 $8,800
2014 $430 $11,220 $2,420 $8,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2352491

APN: 0420009225