NOT LISTED FOR SALE

12385 &12387 Shay Ave Baton Rouge, LA 70815

Park Forest/LA North Neighborhood

Estimated Value: $145,424 - $217,000

7 Beds
3 Baths
2,250 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 10, 2022

Current estimated payment $1,108/month

56 Days on Market

Highlights

  • Patio
  • Ceramic Tile Flooring
  • Central Air

About This Home

As of November 2022

What better time to invest than now? Got a FANTASTIC, AFFORDABLE duplex investment right here!! Sellers are very responsible with property. Still in GREAT condition. Seller says ***SOLD AS IS*** 100% FULLY OCCUPIED! Tenants pay ALL utilities! With a whopping monthly cash flow of $1500! OPPORTUNITIES LIKE THESE DON'T COME BY TOO OFTEN, CAN’T LET THIS ONE SLIP OUT OF YOUR GRASP!

Last Agent to Sell the Property

Kristi Dinh

LPT Realty, LLC Bluebonnet License #995707745 Listed on: 07/14/2022

LPT Realty, LLC Bluebonnet

Last Buyer's Agent

Jessie Palacios

Casa Real Estate LLC License #0995697619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,650

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Chain Link Fence

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • Ceramic Tile Flooring
  • Dryer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Patio
  • Mineral Rights

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,650

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Duplex (2 Units)
  • Legal Description: Resubdivided into Lots 24-A & 24-B) 1st Filing.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Floor
  • Interior: Electric Stove Con.
  • Kitchen Features: Dryer, Refrigerator
  • Estimated Total Sq Ft: 2250
  • List Price T Sq Ft: 64.444444
  • Price Per Sq Ft: 58.89
  • Source Sq Ft: APPROXIMATE

Exterior Features

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

Garage/Parking

  • Tot Park Spcs: 4

Utilities

  • Cooling: Central Air Cool
  • Heating: Gas Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 2

Lot Info

  • Lot Number: 24-A
  • Acres: 0.08
  • Fencing: Chain Link Fence
  • Lot Dimensions: 60x120
  • Mineral Rights: CONVEYED

Rental Info

  • Current Month Included: 1500
  • Current Month Included: 1
  • Cur Yr I Y M: 18000

Multi Family

  • Heat Units: 1
  • Indiv Metered: Yes
  • Units: 2

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Nov 10, 2022
Sold by
Dinh That Van
Bought by
Palacios David
Seller's Agent
Kristi Dinh
LPT Realty, LLC Bluebonnet
Buyer's Agent
Jessie Palacios
Casa Real Estate LLC
List Price
$169,000
Current Estimated Value
$185,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$99,350
Outstanding Balance
$96,264
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$89,092

Purchase Details

Closed on
Jun 29, 2001
Sold by
Yokum Leonard E
Bought by
Mooring Capital Fund Llc

Purchase Details

Closed on
Apr 25, 2001
Sold by
Yokum Leonard E
Bought by
Dinh That Van

Purchase Details

Closed on
Jun 30, 2000
Sold by
Yokum Leonard E
Bought by
Atac 2 Llc
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
Palacios David $132,500 --
Mooring Capital Fund Llc $435 --
Dinh That Van $32,000 --
Atac 2 Llc $438 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios David $99,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2022 11/10/22 Sold -- -- --
09/08/2022 09/08/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $145,000 -14.2% $64 / Sq Ft
08/12/2022 08/12/22 For Sale $169,000 0.0% $75 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $169,000 -- $75 / 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 $1,650 $12,590 $2,600 $9,990
2023 $1,650 $12,590 $2,600 $9,990
2022 $1,011 $7,000 $1,000 $6,000
2021 $992 $7,000 $1,000 $6,000
2020 $827 $7,000 $1,000 $6,000
2019 $420 $3,400 $1,000 $2,400
2018 $415 $3,400 $1,000 $2,400
2017 $415 $3,400 $1,000 $2,400
2016 $305 $2,560 $1,000 $1,560
2015 $405 $3,400 $1,000 $2,400
2014 $404 $3,400 $1,000 $2,400
2013 -- $3,400 $1,000 $2,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kristi Dinh

    LPT Realty, LLC Bluebonnet

    (225) 241-0657

    1 in this area

    4 Total Sales

    Kristi Dinh
    Section Image
  • Jessie Palacios

    Buyer's Agent in 2022

    Jessie Palacios

    Casa Real Estate LLC

    (225) 485-9855

    7 in this area

    24 Total Sales

    Jessie Palacios
    Section Image
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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2022011062

Greater Baton Rouge Association of REALTORS®

APN: 01050273

Louisiana E Baton Rouge Parish Baton Rouge 70815 Park Forest/LA North

12385 &12387 Shay Ave, Baton Rouge, LA

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