NOT LISTED FOR SALE

1300 Mehle St Arabi, LA 70032

Estimated Value: $186,000 - $243,550

4 Beds
2 Baths
1,790 Sq Ft
$121/Sq Ft Est. Value

Last Sold November 06, 2023

Current estimated payment $1,455/month

137 Days on Market

Highlights

  • Traditional Architecture
  • Property is in very good condition
  • Property has 1 Level
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of November 2023

Do not miss out on this charming multi family property in Arabi. Great investment opportunity, both sides rented out and already generating income! Each side features 2 beds and 1 bath. Zoned C-2 giving you more possibilities to add more units and generate more income! Located in flood zone X and hard flooring throughout. Property was gutted and completely renovated in 2015, A/C 2019, roof 2020.ABILITY TO HAVE AIR B/B*. This cute property will not last long, call for your private showing today.

Last Agent to Sell the Property

Amanda Miller

Amanda Miller Realty, LLC License #995687438 Listed on: 05/31/2023

Last Buyer's Agent

Tiffani Bernheisel

Keller Williams Realty Services License #099568087

Keller Williams Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,285

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45x128
  • Rectangular Lot
  • Property is in very good condition

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,790 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1-a
  • Assessor Parcel Number 10015630001A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,285

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 45x128
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 12
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1790.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Foundation Details: Raised
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 10015630001A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 1-a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Nov 6, 2023
Sold by
Jeanfreau Bruce E and Jeanfreau Kathleen H
Bought by
Rivarde Darrel L
Seller's Agent
Amanda Miller
Amanda Miller Realty, LLC
Buyer's Agent
Tiffani Bernheisel
Keller Williams Realty Services
List Price
$279,000
Views
183
Current Estimated Value
$216,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.69%
Original Mortgage
$255,375
Outstanding Balance
$251,202
Interest Rate
7.31%
Mortgage Type
VA
Estimated Equity
-$34,564

Purchase Details

Closed on
May 27, 2022
Sold by
Growth And Grace Acquisitions Llc
Bought by
Jeanfreau Bruce E and Jeanfreau Kathleen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2022
Sold by
Dominici Babineaux Dani
Bought by
Growth And Grace Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2014
Sold by
Anthony Joseph Cousin Albert and Anthony Cousin Jules Joseph
Bought by
Babineaux Dani Dominici and Babineaux Alvin L
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
Rivarde Darrel L $250,000 110 Title
Jeanfreau Bruce E $240,000 Fleur De Lis Title
Growth And Grace Acquisitions Llc -- None Listed On Document
Babineaux Dani Dominici $45,500 Bayou Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivarde Darrel L $255,375
Previous Owner Jeanfreau Bruce E $192,000
Previous Owner Growth And Grace Acquisitions Llc $168,000
Previous Owner Babineaux Alvin L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold -- -- --
10/16/2023 10/16/23 Pending -- -- --
07/20/2023 07/20/23 Price Changed $250,000 -10.4% $140 / Sq Ft
05/31/2023 05/31/23 For Sale $279,000 -- $156 / Sq Ft
Source: ROAM MLS

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
2025 $3,285 $21,600 $1,728 $19,872
2024 $3,285 $21,600 $1,728 $19,872
2023 $3,048 $21,600 $1,152 $20,448
2022 $3,048 $13,500 $1,152 $12,348
2020 $1,860 $13,500 $1,152 $12,348
2019 $1,931 $13,500 $1,152 $12,348
2018 $1,931 $13,500 $1,152 $12,348
2017 $1,931 $13,500 $1,152 $12,348
2016 $3,819 $26,640 $1,152 $25,488
2015 $1,427 $10,152 $1,152 $9,000
2014 $1,427 $10,152 $1,152 $9,000
2013 $1,371 $10,152 $1,152 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2396835

APN: 10015630001A