NOT LISTED FOR SALE

1259 Saint Charles St Thibodaux, LA 70301

Thibodaux Area
-- Acre
-- Price per Acre
-- Sq Ft Lot

Sale Details

Date Sold: May 9, 2024

253 Days on Market

Highlights

  • Closed Circuit Camera
  • Central Heating and Cooling System
  • Property is in excellent condition

About This Lot

As of May 2024

48 Turn Key units consisting of 4, 3, & 2 bedrooms. All new roofs across 10 buildings, major renovation work done on both interior and exterior. Dedicated leasing office and conference room, management willing to stay on. Significant upside in improving rents to market rent (~67% under market rate). Cash flows as is. Do not disturb tenants or management on site. Please reach out for any questions including Offering Memorandum and to schedule appointments.

Last Agent to Sell the Property

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186 Listed on: 08/29/2023

Co-Listed By

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063

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Property Details

Property Type

  • Land

Year Built

  • Built in 1997

Home Design

  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 47,400 Sq Ft Home
  • Property has 2 Levels
  • Closed Circuit Camera
  • Laundry in unit

Bedrooms and Bathrooms

  • 130 Bedrooms
  • 48 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Additional Features

  • Property is in excellent condition
  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 0020536700

Property Details

Property Type

Land

Year Built

Built in 1997

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 22 Acres
  • Co List Office Mls Id: BRALLC01
  • Co List Office Phone: (504) 298-8631
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Resale,Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Year Built: 1997
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 48
  • Total Bedrooms: 130
  • Living Area: 47400.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Acreage, City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, Parking Lot, Three or more Spaces

Utilities

  • Laundry Features: In Unit
  • Security: Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 0020536700
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
May 8, 2024
Sold by
Bought by
Seller's Agent
BRYCE DANNA-MARULLO
Bridgewater Realty Advisors, LLC
List Price
$2,400,000
Views
105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
7.02%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Thibodaux, LA

  • Beau Toups Real Estate Agent - CENTURY 21 Action Realty Inc

    Beau Toups

    CENTURY 21 Action Realty Inc

    (985) 333-8030

    89 Total Sales

    19 in Thibodaux

    $110K - $485K Price Range

    Beau Toups
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  • Brittny McKay Real Estate Agent - Brittny McKay Real Estate

    Brittny McKay

    Brittny McKay Real Estate

    (504) 470-0914

    75 Total Sales

    3 in Thibodaux

    $650,000 Price Range

    Brittny McKay
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  • Macklyn Cardwell Real Estate Agent - Matchbox Real Estate

    Macklyn Cardwell

    Matchbox Real Estate

    (225) 460-4762

    44 Total Sales

    3 in Thibodaux

    $245,000 Price Range

    Macklyn Cardwell
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  • Maribel Morgan Real Estate Agent - Compass Slidell

    Maribel Morgan

    Compass Slidell

    (985) 497-2968

    71 Total Sales

    18 in Thibodaux

    $210K - $290K Price Range

    Maribel Morgan
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  • Fran Meyers Real Estate Agent - Compass Covington (COMP27)

    Fran Meyers

    Compass Covington (COMP27)

    (504) 305-8862

    142 Total Sales

    3 in Thibodaux

    $275,000 Price Range

    Fran Meyers
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  • Lyndsie Lace Causey Real Estate Agent - Canal & Main Realty

    Lyndsie Lace Causey

    Canal & Main Realty

    (985) 304-9969

    74 Total Sales

    6 in Thibodaux

    $243K - $260K Price Range

    Lyndsie Lace Causey
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,800,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,440,000
Previous Owner $1,045,365
Previous Owner $1,120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2024 05/09/24 Sold -- -- --
01/29/2024 01/29/24 Price Changed $2,200,000 -8.3% $46 / Sq Ft
08/29/2023 08/29/23 For Sale $2,400,000 -- $51 / Sq Ft
Source: ROAM MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,493 $55,580 $8,090 $47,490
2023 $5,472 $55,580 $8,090 $47,490
2022 $5,173 $55,580 $8,090 $47,490
2021 $3,743 $55,580 $8,090 $47,490
2020 $5,053 $55,580 $8,090 $47,490
2019 $5,022 $53,080 $7,850 $45,230
2018 $5,026 $53,080 $7,850 $45,230
2017 $5,774 $53,080 $7,850 $45,230
2016 $4,988 $53,080 $7,850 $45,230
2015 $5,012 $53,080 $0 $0
2014 $5,033 $53,080 $0 $0
2013 $5,033 $53,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    BRYCE DANNA-MARULLO

    Bridgewater Realty Advisors, LLC

    (504) 301-5583

    44 Total Sales

    BRYCE DANNA-MARULLO
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mason McCullough

    Bridgewater Realty Advisors, LLC

    (404) 985-0260

    70 Total Sales

    Mason McCullough
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2411228

Louisiana Lafourche Parish Thibodaux 70301

1259 Saint Charles St, Thibodaux, LA

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