NOT LISTED FOR SALE

118 Marigny Cir Duson, LA 70529

North Lafayette Parish Neighborhood

Estimated Value: $104,000 - $120,000

4 Beds
4 Baths
1,500 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 12, 2024

Current estimated payment $744/month

66 Days on Market

Highlights

  • Central Air
  • Multiple Heating Units
  • 1-Story Property
  • Wood Siding

About This Home

As of April 2024

100% fully occupied fourplex building currently bringing in $1,925 per month in rental income and $23,100 annually. All units are in above average condition for the area. Owner personally manages the building himself and takes a great deal of pride in who he rents to and in what condition he keeps the units. All units are 1 bedroom 1 bath. Full financials are available by request. Don't miss your opportunity to purchase a high-quality building with great cash flow!

Last Agent to Sell the Property

Jamie Knight

Real Broker, LLC License #69168 Listed on: 12/22/2023

Last Buyer's Agent

Lydia Wright

Real Broker, LLC License #995714352

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,970

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Lot
  • Assigned Parking

Schools

  • C S Burke Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $1,925
  • Tenant pays for electricity, sewer, water
  • The owner pays for trash collection
  • Tax Lot 003

Community Details

Overview

  • 4 Units
  • Jackson Square Subdivision

Building Details

  • 4 Leased Units
  • Insurance Expense $1,897
  • New Taxes Expense $562
  • Gross Income $23,100

Property Details

Home Type

Multi-Family

Lot Details

6,970 Sq Ft Lot

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 60'
  • Subdivision Name: Jackson Square
  • Directions: W Congress to Colorado, Left on Marigny.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • List_136: 92.110029
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range
  • Owner Pays: Trash Collection
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 1500

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 4

Utilities

  • Security: Smoke Detector(s)
  • 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: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: C S Burke
  • High School: Acadiana
  • Middle Or Junior School: Judice

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 23100
  • Insurance Expense: 1897
  • Number Of Units Leased: 4
  • Total Actual Rent: 1925

Tax Info

  • New Taxes Expense: 562
  • Tax Lot: 003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Apr 12, 2024
Sold by
Romero Jason and Romero Lisa
Bought by
Zarate Roman
Seller's Agent
Jamie Knight
Real Broker, LLC
Buyer's Agent
Lydia Wright
Real Broker, LLC
List Price
$115,000
Views
46
Current Estimated Value
$111,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.46%
Original Mortgage
$86,250
Outstanding Balance
$84,976
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$26,812

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 24, 2014
Sold by
Deutsche Bank Trust Company Americas
Bought by
Romero Jason and Romero Lisa
Seller's Agent
Michael Sweat
RealHome Services & Solutions
Buyer's Agent
Non-Member Agent/Seller
Non-Mbr Office/Seller
List Price
$27,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%

Purchase Details

Closed on
Mar 28, 2007
Sold by
Leblanc Kidder Mark D and Leblanc Kidder Ann
Bought by
Sherman Marc N and Sherman Meisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.24%
Mortgage Type
Unknown
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
Zarate Roman $115,000 None Listed On Document
Romero Jason $26,424 Premium Title Service Inc
Sherman Marc N $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarate Roman $86,250
Previous Owner Sherman Marc N $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2024 04/12/24 Sold -- -- --
02/27/2024 02/27/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $115,000 0.0% $77 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/22/2023 12/22/23 For Sale $115,000 +325.9% $77 / Sq Ft
01/30/2014 01/30/14 Sold -- -- -- View Prior Sale
12/10/2013 12/10/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $27,000 -- $18 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $833 $9,433 $650 $8,783
2023 $833 $6,390 $650 $5,740
2022 $563 $6,390 $650 $5,740
2021 $565 $6,390 $650 $5,740
2020 $564 $6,390 $650 $5,740
2019 $536 $6,390 $650 $5,740
2018 $548 $6,390 $650 $5,740
2017 $547 $6,390 $650 $5,740
2015 $546 $6,390 $650 $5,740
2013 -- $6,390 $650 $5,740
Source: Public Records

Agents Affiliated with this Home

  • Jamie Knight

    Seller's Agent in 2024

    Jamie Knight

    Real Broker, LLC

    (337) 654-3174

    17 in this area

    107 Total Sales

    Jamie Knight
    Section Image

  • L

    Buyer's Agent in 2024

    Lydia Wright

    Real Broker, LLC

    Section Image

  • M

    Seller's Agent in 2014

    Michael Sweat

    RealHome Services & Solutions

  • N

    Buyer's Agent in 2014

    Non-Member Agent/Seller

    Non-Mbr Office/Seller

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 23011256

REALTOR® Association of Acadiana

APN: 6044271

Louisiana Lafayette Parish Duson 70529 North Lafayette Parish

118 Marigny Cir, Duson, LA

Not Listed for Sale

MultiFamily

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.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate.

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