NOT LISTED FOR SALE

Estimated Value: $154,000 - $219,000

8 Beds
3.5 Baths
3,866 Sq Ft
$48/Sq Ft Est. Value

Last Sold September 28, 2023

Current estimated payment $1,171/month

26 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Wood Siding
  • Shed

About This Home

As of September 2023

Great investment opportunity to purchase a package of three homes, located on the same lot. The main house is a 3 bedroom 1.5 bath home at 1785 sq ft. Second unit attached to the main house is a 3 bedroom, 1 bath at 1101 sq ft. Third home located next door is a 2 bedroom, 1 bath at 981 sq ft. 123 Bellot and 123 1/2 Bellot are occupied. Rents are at $825 and $725 respectively. 201 Bellot is currently vacant with potential rent from $675. Additional space is attached that can be possibly be converted into another unit.

Last Agent to Sell the Property

Rachelle Wheeler-Noel

ICON Real Estate Co Listed on: 08/05/2023

Last Buyer's Agent

YanLi Foshee

RE/MAX Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,567

Year Built

  • 1965

Lot Details

  • 0.45

Home Design

  • 3,866 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 4 Parking Spaces
  • Carport

Schools

  • Boucher Elementary School
  • Lafayette Middle School
  • Northside High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Additional Features

  • Electric Cooktop
  • Electric Dryer Hookup
  • Shed
  • Chain Link Fence

Listing and Financial Details

  • Total Actual Rent $2,200
  • Tenant pays for electricity, gas, sewer, trash collection, water
  • Tax Lot 15-9-8-16

Community Details

Overview

  • 3 Units
  • St Germain Subdivision

Building Details

  • 2 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,567

Year Built

1965

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: UNK
  • Subdivision Name: St Germain
  • Directions: North on Evangeline Thruway, turn left onto Bellot, house is on the right
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Unit 1(Other), Unit 2(Other), Unit 3(Other)
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Year Built (Public Record): 1965

Interior Features

  • Appliances: Electric Range, Gas Range, Electric Cooktop
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Other, Vinyl Plank, Wood
  • Living Area: 3866
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Foundation Details: Other
  • Other Structures: Shed(s)
  • Property Condition: 51 - 75 Years
  • Roof: Composition, Metal

Garage/Parking

  • Parking Features: Carport, Covered
  • Total Parking Spaces: 4

Utilities

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

Schools

  • Elementary School: Boucher
  • High School: Northside
  • Middle Or Junior School: Lafayette

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 2
  • Number Of Units Vacant: 1
  • Total Actual Rent: 2200

Tax Info

  • Tax Lot: 15-9-8-16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Sep 28, 2023
Sold by
Mjg2 Properties Llc
Bought by
Chen Xing and Lian Wen Zhen
Seller's Agent
Rachelle Wheeler-Noel
ICON Real Estate Co
Buyer's Agent
YanLi Foshee
RE/MAX Acadiana
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Total Days on Market
26
Views
126
Current Estimated Value
$186,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,000
Avg. Annual Appreciation
15.68%

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 27, 2018
Sold by
Pourtown Llc
Bought by
Mjg2 Properties Llc
Seller's Agent
Molli Rodriguez
Keller Williams Realty Acadiana
Buyer's Agent
Missy Guilliot
Latter & Blum
List Price
$190,000
Sold Price
$159,000
Premium/Discount to List
-$31,000
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.74%
Original Mortgage
$127,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2007
Sold by
Breaux Hebert Theresa Juanita and Hebert Dudley John
Bought by
Palombo Rose Hebert
Source: Public Records

Similar Home in Lafayette, LA

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    • 5 Baths
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    Rental investment bringing in $2,880 per month in monthly revenue. Single family home and 4-plex. 202 Carmel - 3 Bedroom 1 Bath home - Rented for $795 per month, 414 Verdun A - 2 Bedroom 1 Bath - $550 per month, B - 1 Bedroom 1 Bath - $525, C - 1 Bedroom 1 Bath - $535, D - Studio Apartment - $475.

    Jamie Knight Real Broker, LLC

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Range of Values:

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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
Chen Xing $145,000 None Listed On Document
Mjg2 Properties Llc $159,000 None Available
Palombo Rose Hebert $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mjg2 Properties Llc $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold -- -- --
09/01/2023 09/01/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $160,000 -8.6% $41 / Sq Ft
08/05/2023 08/05/23 For Sale $175,000 -7.9% $45 / Sq Ft
06/27/2018 06/27/18 Sold -- -- --
05/21/2018 05/21/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $190,000 +12.4% $39 / Sq Ft
06/12/2015 06/12/15 Sold -- -- --
05/05/2015 05/05/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $169,000 -- $99 / 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 $1,567 $14,890 $1,430 $13,460
2023 $1,567 $14,890 $1,430 $13,460
2022 $1,558 $14,890 $1,430 $13,460
2021 $1,563 $14,890 $1,430 $13,460
2020 $1,558 $14,890 $1,430 $13,460
2019 $1,227 $14,890 $1,430 $13,460
2018 $1,285 $12,590 $1,430 $11,160
2017 $1,283 $12,590 $1,430 $11,160
2015 $1,037 $10,190 $1,430 $8,760
2013 -- $10,190 $1,430 $8,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23007094

REALTOR® Association of Acadiana

APN: 6038841