NOT LISTED FOR SALE

112 Fairfield Ave Gretna, LA 70056

Estimated Value: $323,121 - $365,000

11 Beds
8 Baths
4,200 Sq Ft
$83/Sq Ft Est. Value

Last Sold September 06, 2024

Current estimated payment $2,154/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Gretna No. 2 Academy for Advanced Studies Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2024

Welcome to 112 Fairfield Ave, a prime investment property in Terrytown, LA. This well-maintained multi-unit property features four spacious units with a total of 11 bedrooms, generating $4,300 per month in rental income. Easy access to major highways and public transportation, and close proximity to schools, parks, and community centers. The property also offers ample off-street parking. This property is a lucrative addition to any investor's portfolio. Don’t miss this fantastic opportunity—schedule a viewing today!

Last Agent to Sell the Property

Matt Davis

1 Percent Lists Legacy License #NOM:995709618 Listed on: 05/23/2024

Co-Listed By

Trey Miley

1 Percent Lists Legacy License #NOM:995709617

Last Buyer's Agent

Kent Larrimer

RE/MAX Select License #NOM:000028190

RE/MAX Select

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,543 Sq Ft Lot
  • Lot Dimensions are 62x106
  • Property is in average condition

Home Design

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

Interior Spaces

  • 4,200 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0200007778

Property Details

Home Type

Multi-Family

Lot Details

6,543 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Avg
  • ADA Features: No
  • Legal Description: LOT E-2-I IND SITE #2 NORTH OAKDALE
  • Lp Amt Sq Ft: 83.31
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4200
  • Total Sq Ft: 4200

Exterior Features

  • Pool Type: None
  • Exterior: Brick
  • Foundation: Slab
  • Roof Type: Seal Tab, Shingle

Garage/Parking

  • Car Storage: Three or More, Off Street Parking
  • Internet: Yes

Utilities

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

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.1502
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 62x106
  • Parcel #: 0200007778

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

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

Multi Family

  • Total Units: 4
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Sep 6, 2024
Sold by
112 Fairfield Llc
Bought by
Gautreaux Brendon and Gautreaux Jamie
Seller's Agent
Matt Davis
1 Percent Lists Legacy
Buyer's Agent
Kent Larrimer
RE/MAX Select
List Price
$389,900
Views
78
Current Estimated Value
$350,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.19%
Original Mortgage
$344,642
Outstanding Balance
$340,674
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$9,356

Purchase Details

Closed on
Jan 27, 2022
Sold by
Comment Maroia U and Comment Richard P
Bought by
112 Fairfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gautreaux Brendon $351,000 Supreme Title
112 Fairfield Llc $250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gautreaux Brendon $344,642
Previous Owner 112 Fairfield Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold -- -- --
06/29/2024 06/29/24 Price Changed $349,900 -4.1% $83 / Sq Ft
06/24/2024 06/24/24 Price Changed $365,000 -3.9% $87 / Sq Ft
06/14/2024 06/14/24 Price Changed $379,900 -2.6% $90 / Sq Ft
05/23/2024 05/23/24 For Sale $389,900 -- $93 / Sq Ft
Source: Gulf South Real Estate Information Network

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 -- $23,750 $1,960 $21,790
2023 $3,105 $23,750 $1,960 $21,790
2022 $3,026 $23,750 $1,960 $21,790
2021 $1,746 $14,540 $1,960 $12,580
2020 $1,734 $14,540 $1,960 $12,580
2019 $1,638 $13,390 $1,630 $11,760
2018 $1,530 $13,390 $1,630 $11,760
2017 $1,466 $13,390 $1,630 $11,760
2016 $1,437 $13,390 $1,630 $11,760
2015 $1,314 $12,520 $1,530 $10,990
2014 $1,314 $12,520 $1,530 $10,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2450206

Gulf South Real Estate Information Network

APN: 0200007778

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