NOT LISTED FOR SALE

11643 W Sherwood Meadow Ave Baton Rouge, LA 70816

Broadmoor/Sherwood Neighborhood

Estimated Value: $267,000 - $372,000

20 Beds
-- Bath
5,024 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 11, 2018

Current estimated payment $1,880/month

8 Days on Market

About This Home

As of April 2018

Ideal 4-plex investment property. Capable of producing ~$29,000 in annual rent with room to increase rents. This is the perfect property to bring in to an existing portfolio or for a new investor looking for a multi-family property. Property is professionally managed.

Last Agent to Sell the Property

Robert Maginnis

MG3 Realty License #0000077073 Listed on: 02/16/2018

Last Buyer's Agent

Tim Houk

Keller Williams Realty Red Stick Partners License #0000075454

Keller Williams Realty Red Stick Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,476

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 55x175

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,024 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Additional Features

  • Mineral Rights
  • Central Heating and Cooling System

Community Details

  • Insurance Expense $1,863
  • Maintenance Expense $1,200
  • New Taxes Expense $1,265

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,476

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Number Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Kitchen Features: Range/Oven, Refrigerator
  • Estimated Total Sq Ft: 5024
  • List Price T Sq Ft: 39.789012
  • Price Per Sq Ft: 36.43
  • Source Sq Ft: APPROXIMATE

Exterior Features

  • Foundation: Slab:Traditional Found
  • Siding: Brick Siding

Garage/Parking

  • Tot Park Spcs: 8

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 4

Lot Info

  • Lot Number: 22
  • Acres: 0.22
  • Estimated Age: 31-40 Years
  • Lot Dimensions: 55x175
  • Mineral Rights: CONVEYED

Rental Info

  • Current Month Included: 2450
  • Cur Yr Inc: 29400
  • Maint Repairs Exp: 1200
  • Management Exp: 2400

Multi Family

  • Heat Units: 4
  • Units: 4

Tax Info

  • Tax Expense: 1265

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 11, 2018
Sold by
Tjt Holdings Llc A Louisiana Limited Lia
Bought by
Zhou Ying J
Seller's Agent
Robert Maginnis
MG3 Realty
Buyer's Agent
Tim Houk
Keller Williams Realty Red Stick Partners
List Price
$199,900
Current Estimated Value
$309,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$137,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2016
Sold by
Geaux B R Properties Llc A Louisiana Lim
Bought by
Tjt Holdings Llc A Louisiana Limited Lia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 2010
Sold by
Fannie Mae
Bought by
Chandra Ivan

Purchase Details

Closed on
May 17, 2010
Sold by
Greenpoint Mortgage Funding
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2006
Sold by
Moon Richard C
Bought by
Fleming Adam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,460
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Jones Anthony
Bought by
Moon Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2003
Sold by
Hodges Randall
Bought by
Jones Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1999
Sold by
Pugh Gordon A
Bought by
Hodges Randall St Gregory and Hodges Jan Saxon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.65%
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
Zhou Ying J $183,000 Titleplus Llc
Tjt Holdings Llc A Louisiana Limited Lia $151,000 None Available
Chandra Ivan $80,000 --
Federal National Mortgage Association $183,750 --
Fleming Adam J $179,400 --
Moon Richard $45,000 --
Jones Anthony $126,000 --
Hodges Randall St Gregory $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Ying J $135,000
Closed Zhou Ying J $137,250
Previous Owner Tjt Holdings Llc A Louisiana Limited Lia $409,600
Previous Owner Fleming Marie M $183,750
Previous Owner Fleming Adam J $161,460
Previous Owner Moon Richard $130,500
Previous Owner Jones Anthony $119,700
Previous Owner Hodges Randall St Gregory $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2018 04/11/18 Sold -- -- --
02/24/2018 02/24/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $199,900 +14.2% $40 / Sq Ft
05/13/2016 05/13/16 Sold -- -- --
04/05/2016 04/05/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $175,000 -- $35 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

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 $2,476 $21,140 $1,000 $20,140
2023 $2,476 $17,640 $1,000 $16,640
2022 $2,106 $17,640 $1,000 $16,640
2021 $2,058 $17,640 $1,000 $16,640
2020 $2,084 $17,640 $1,000 $16,640
2019 $2,148 $17,390 $1,000 $16,390
2018 $1,843 $15,100 $1,000 $14,100
2017 $1,843 $15,100 $1,000 $14,100
2016 $1,075 $9,028 $1,000 $8,028
2015 $1,550 $13,000 $1,000 $12,000
2014 $1,545 $13,000 $1,000 $12,000
2013 -- $13,000 $1,000 $12,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Maginnis

    MG3 Realty

    (225) 937-9795

    21 Total Sales

    Robert Maginnis
    Section Image
  • Tim Houk

    Buyer's Agent in 2018

    Tim Houk

    Keller Williams Realty Red Stick Partners

    (225) 301-7467

    24 in this area

    536 Total Sales

    Tim Houk
    Section Image
  • Kenny Guzzardo

    Seller's Agent in 2016

    Kenny Guzzardo

    RE/MAX Select

    (225) 405-4114

    9 in this area

    106 Total Sales

    Kenny Guzzardo
    Section Image
  • David Madaffari

    Buyer's Agent in 2016

    David Madaffari

    Grassroots Real Estate Group

    (225) 772-3283

    6 in this area

    117 Total Sales

    David Madaffari
    Section Image
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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2018002542

Greater Baton Rouge Association of REALTORS®

APN: 03269221

Louisiana E Baton Rouge Parish Baton Rouge 70816 Broadmoor/Sherwood

11643 W Sherwood Meadow Ave, Baton Rouge, LA

This home is located at 11643 W Sherwood Meadow Ave, Baton Rouge, LA 70816 since 16 February 2018 and is currently estimated at $309,611, approximately $61 per square foot. 11643 W Sherwood Meadow Ave is a home located in East Baton Rouge Parish with nearby schools including Audubon Elementary School, Southeast Middle School, and Broadmoor Senior High School.

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.

Greater Baton Rouge Association of REALTORS® 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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