NOT LISTED FOR SALE

Estimated Value: $110,000 - $122,000

8 Beds
4 Baths
3,600 Sq Ft
$32/Sq Ft Est. Value

Last Sold October 17, 2019

Current estimated payment $757/month

87 Days on Market

Highlights

  • Tile Flooring
  • Laundry Facilities
  • Multiple Heating Units
  • Central Air
  • Wood Siding

About This Home

As of October 2019

Great cash flow producing property. Units have been renovated and ready fortenants. These units produce $2000 monthly!Owner\agent

Last Agent to Sell the Property

Terrence Richard

Majestic Realty & Investments LLC Listed on: 06/17/2019

Last Buyer's Agent

Robert Hillard

Keller Williams Realty Acadiana License #995696086

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,712

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 6 Parking Spaces

Home Design

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

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Electric Cooktop
  • Washer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Duson Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $2,000
  • Tenant pays for cable/sat TV, electricity, trash collection, water
  • The owner pays for cable/sat TV, electricity, sewer, water
  • Tax Lot 32

Community Details

Overview

  • 4 Units
  • Jackson Square Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,200
  • New Taxes Expense $800

Property Details

Home Type

Multi-Family

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Jackson Square
  • Directions: From Ambassador Caffery to Ridge Road, right on Colorado, to right on Marigny.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • List_136: 92.109589
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator, Electric Cooktop
  • Owner Pays: Cable/Sat TV, Electricity, Sewer, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Tile

Exterior Features

  • Construction Type: Brick, Frame, Brick Veneer, Wood Siding
  • Foundation Details: Slab
  • Property Condition: 21 - 30 Years
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Washer Hookup, Common Area
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Duson
  • High School: Acadiana
  • Middle Or Junior School: Judice

Rental Info

  • Tenant Pays: Cable/Sat TV, Electricity, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1200
  • Total Actual Rent: 2000

Tax Info

  • New Taxes Expense: 800
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Oct 17, 2019
Sold by
Faith2faith Investment Group Llc
Bought by
Lynbrook Investments Llc
Seller's Agent
Terrence Richard
Majestic Realty & Investments LLC
Buyer's Agent
Robert Hillard
Keller Williams Realty Acadiana
List Price
$99,000
Current Estimated Value
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$73,363
Outstanding Balance
$64,530
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$51,470

Purchase Details

Listed on
Nov 9, 2016
Closed on
Nov 10, 2016
Sold by
Imalw Llc
Bought by
Faith2faith Investment Group Llc
Seller's Agent
Reba Crochet
Compass
Buyer's Agent
Helen Thibeaux
RE/MAX Acadiana
List Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Source: Public Records

Range of Values:

--
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
Lynbrook Investments Llc $92,500 First American Title
Faith2faith Investment Group Llc $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynbrook Investments Llc $73,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2019 10/17/19 Sold -- -- --
09/13/2019 09/13/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $99,000 +16.5% $28 / Sq Ft
11/10/2016 11/10/16 Sold -- -- -- View Prior Sale
11/10/2016 11/10/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $85,000 -- $24 / 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 $850 $9,622 $797 $8,825
2023 $850 $9,407 $797 $8,610
2022 $828 $9,407 $797 $8,610
2021 $832 $9,407 $797 $8,610
2020 $831 $9,407 $797 $8,610
2019 $790 $9,407 $797 $8,610
2018 $807 $9,407 $797 $8,610
2017 $806 $9,407 $797 $8,610
2015 $791 $9,260 $650 $8,610
2013 -- $9,260 $650 $8,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 19006153

REALTOR® Association of Acadiana

APN: 6025344