NOT LISTED FOR SALE

1408 N Prater St Lake Charles, LA 70601

Estimated Value: $93,000 - $196,000

-- Bed
-- Bath
3,600 Sq Ft
9,148 Sq Ft Lot

Last Sold January 13, 2022

Current estimated payment $948/month

3 Days on Market

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

Real Broker, LLC License #995696975

Property Details

Home Type

Condominium

Est. Annual Taxes

$998

Year Built

1980

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: 60 x 150
  • Co List Office Mls Id: 67
  • Co List Office Phone: 337-478-1601
  • Subdivision Name: Lafleur Mayo Of Dolby & Arbog
  • Directions: Take Opelousas street to Prater
  • Property Attached Yn: Yes
  • Special Features: VirtualTour
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Fireplace Features: None
  • Stories: 1
  • Stories: 1

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Under Construction
  • Roof: Shingle

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Cooling: Central Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Land Lease Expiration Date: 2022-06-30
  • Additional Parcels: No
  • Zoning Description: Residential

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3600.0
  • Property Net Operating Income: 3600.0
  • Total Actual Rent: 1800.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1

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
Real Broker, LLC
List Price
$199,900
Current Estimated Value
$163,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.77%

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- $56 / Sq Ft
Source: Southwest Louisiana 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 $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

    1,169 Total Sales

    Robbie Ingle
    Section Image

  • H

    Buyer's Agent in 2022

    Haley Bonin

    Real Broker, LLC

See All Agents

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL21009220

APN: 00439983

Louisiana Calcasieu Parish Lake Charles 70601

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 $163,792, approximately $45 per square foot. 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.

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.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Nearby Homes