NOT LISTED FOR SALE

1403 Johnson St Jennings, LA 70546

Estimated Value: $68,628 - $142,000

3 Beds
3 Baths
3,400 Sq Ft
$26/Sq Ft Est. Value

Last Sold January 26, 2017

Current estimated payment $546/month

405 Days on Market

Highlights

  • Corner Lot
  • Storage
  • Vinyl Flooring
  • Window Unit Cooling System
  • Wood Siding
  • Multiple Heating Units

About This Home

As of January 2017

Income Producing older Triplex with good Commercial value now. Buildings can either be maintained with current income or convert to new Construction Residential or Commercial. Great growth area.

Last Agent to Sell the Property

Kenneth Simeral

Coldwell Banker Pelican R.E. Listed on: 11/16/2015

Last Buyer's Agent

Kenneth Simeral

RE/MAX Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $666

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 107 x 143
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Slate Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property
  • Storage
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Covered Parking

Schools

  • Jennings Elementary And Middle School
  • Jennings High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $1,325
  • Tenant pays for electricity, gas, sewer, trash collection, water

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$666

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Lot Size: 107 x 143
  • Subdivision Name: None
  • Directions: I-10 West to 2nd Jennings exit. Left towards Town. Left on W Eleventh St one block. Property on the corner of Johnson and W 11th St.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 2
  • Appliances: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Interior Amenities: Storage
  • Living Area: 3400

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Level
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 51 - 75 Years, Fixer
  • Roof: Composition, Slate

Garage/Parking

  • Parking Features: Covered, Varies by Unit
  • Total Parking Spaces: 6

Utilities

  • Cooling: Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Jennings
  • High School: Jennings
  • Middle Or Junior School: Jennings

Lot Info

  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 3
  • Total Actual Rent: 1325

Tax Info

  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 26, 2017
Sold by
Domingue Earl J and Domingue Sonja Reaux
Bought by
Red Leaf Rental Holdings Llc
Seller's Agent
Kenneth Simeral
Coldwell Banker Pelican R.E.
Buyer's Agent
Kenneth Simeral
RE/MAX Acadiana
List Price
$110,000
Sold Price
$62,500
Premium/Discount to List
-$47,500
-43.18%
Total Days on Market
405
Current Estimated Value
$87,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,157
Avg. Annual Appreciation
6.15%
Source: Public Records

Range of Values:

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Average Value
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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
Red Leaf Rental Holdings Llc $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Leaf Rental Holdings Llc $54,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold -- -- --
12/26/2016 12/26/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $110,000 -- $32 / 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 $666 $6,980 $1,000 $5,980
2023 $596 $6,200 $1,000 $5,200
2022 $596 $6,200 $1,000 $5,200
2021 $596 $6,200 $1,000 $5,200
2020 $595 $6,200 $1,000 $5,200
2019 $597 $6,200 $1,000 $5,200
2018 $597 $6,200 $1,000 $5,200
2017 $597 $6,200 $1,000 $5,200
2015 $454 $4,800 $1,000 $3,800
2014 $454 $4,800 $1,000 $3,800
2013 $462 $4,800 $1,000 $3,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 15306510

REALTOR® Association of Acadiana

APN: 220571500