NOT LISTED FOR SALE

1408 N Prater St Lake Charles, LA 70601

North Lake Charles Neighborhood

Estimated Value: $112,000 - $189,000

-- Bed
-- Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold January 13, 2022

Current estimated payment $1,015/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Facilities
  • Front Yard
  • Central Heating and Cooling System
  • Under Construction
  • 1-Story Property

About This Home

As of January 2022

Investor Special!! Great opportunity to purchase a 4 plex and have instant income. This 4 plex was completely remodeled from top to bottom in 2019 with new roof updated electrical, updated cabinets , paint and vinyl plank flooring. All units are 2 bedroom 1 bath. 2 of the units are rented for $900 month. The other 2 units need a few repairs to get rent ready. This property is conveniently located close to I-10 and has tons of potential.

Last Agent to Sell the Property

Robbie Ingle

Coldwell Banker Ingle Safari Realty License #912122392 Listed on: 10/26/2021

Coldwell Banker Ingle Safari Realty

Last Buyer's Agent

HALEY BONIN

Keller Williams Realty Lake Ch License #995696975

Keller Williams Realty Lake Ch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1980 | Under Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • 1 Common Wall
  • Front Yard

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00439983

Community Details

Overview

  • 3,600 Sq Ft Building
  • Lafleur Mayo Of Dolby & Arbog Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$998

Year Built

Built in 1980 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Traditional
  • Total System: 3600.00
  • Levels: One
  • PropertyAttachedYN: Yes
  • Registered: No
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Appliances: No
  • Square Footage: 3600.00
  • Fireplace Features: None
  • FireplaceYN: No
  • Lot Size Area: 0.2100
  • Price Per Square Foot: 52.78
  • Stories: 1

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Materials: Brick
  • Foundation: Slab
  • Lot Features: Front Yard, Yard
  • New Construction: No
  • Pool Features: None
  • Pool: No
  • Property Condition: Under Construction
  • Roof: Shingle

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Number Of Separate Electric Mete: 4
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Common Interest: None

Fee Information

  • Land Lease: No

Lot Info

  • Parcel Number: 00439983
  • Additional Parcels: No
  • Lot Size Acres: 0.2100
  • Lot Dimensions: 60 x 150
  • Lot Size Searchable: 9147.60
  • Lot Size Sq Ft: 9147.60

Building Info

  • Laundry: Yes

Rental Info

  • RentControlYN: No

Multi Family

  • Unit Count: 1
  • Elevation Units: Feet
  • NumberOfSeparateWaterMeters: 1
  • Number of Leased Units: 2
  • Number of Units: 4
  • Total Actual Rent: 1800.00

Tax Info

  • TaxLegalDescription: @280908-1043- 0006 0000 @280908-1043- 000702 0000 LOT 6, N 15 FT LOT 7 MAYO LAFLEUR SUB IMPS RFC 4 APT UNITS REF1- DILLARD TEZENO B 1150 P 3-71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Jan 13, 2022
Sold by
Vallandor Properties No 3 Llc
Bought by
Fulcrum Investment Group Llc
Seller's Agent
Robbie Ingle
Coldwell Banker Ingle Safari Realty
Buyer's Agent
HALEY BONIN
Keller Williams Realty Lake Ch
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$167,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,843
Avg. Annual Appreciation
-3.67%

Purchase Details

Closed on
Dec 10, 2018
Sold by
Gawthorp Brandon
Bought by
Vallandor Properties No 3 Llc

Purchase Details

Closed on
Dec 17, 2016
Sold by
Gawthorp Chantel
Bought by
Minic Llc

Purchase Details

Closed on
Aug 29, 2016
Sold by
Alpha Capital
Bought by
Gawthorp Chantel
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
Fulcrum Investment Group Llc $190,000 None Listed On Document
Fulcrum Investment Group Llc $190,000 None Listed On Document
Vallandor Properties No 3 Llc $40,000 Wfg National Title
Minic Llc -- None Available
Gawthorp Chantel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vallandor Properties $179,000
Previous Owner Vallandor Properties No 3 Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold -- -- --
10/29/2021 10/29/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $199,900 -- --
Source: Greater Southern 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
2024 $998 $8,750 $1,200 $7,550
2023 $998 $8,750 $1,200 $7,550
2022 $1,007 $8,750 $1,200 $7,550
2021 $966 $8,750 $1,200 $7,550
2020 $1,028 $7,950 $1,150 $6,800
2019 $1,165 $8,660 $1,110 $7,550
2018 $1,063 $8,660 $1,110 $7,550
2017 $984 $8,660 $1,110 $7,550
2016 $987 $8,660 $1,110 $7,550
Source: Public Records

Agents Affiliated with this Home

  • Robbie Ingle

    Seller's Agent in 2022

    Robbie Ingle

    Coldwell Banker Ingle Safari Realty

    (337) 304-0481

    59 in this area

    1,379 Total Sales

    Robbie Ingle
    Section Image
  • HALEY BONIN

    Buyer's Agent in 2022

    HALEY BONIN

    Keller Williams Realty Lake Ch

    (337) 570-2203

    1 in this area

    104 Total Sales

    HALEY BONIN
    Section Image
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Map

Source: Greater Southern MLS

MLS Number: SWL21009220

Greater Southern MLS

APN: 00439983

Louisiana Calcasieu Parish Lake Charles 70601 North Lake Charles

1408 N Prater St, Lake Charles, LA

This home is located at 1408 N Prater St, Lake Charles, LA 70601 since 26 October 2021 and is currently estimated at $167,157. This property was built in 1980. 1408 N Prater St is a home located in Calcasieu Parish with nearby schools including Combre-Fondel Elementary School, Ray D. Molo Middle School, and Washington-Marion Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Southern MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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