NOT LISTED FOR SALE

1425 Lee St Franklinton, LA 70438

Estimated Value: $69,000 - $132,000

4 Beds
2 Baths
1,861 Sq Ft
$52/Sq Ft Est. Value

Last Sold July 07, 2023

Current estimated payment $557/month

Highlights

  • Cottage
  • Central Heating and Cooling System
  • Property has 1 Level
  • Window Unit Cooling System
  • Rectangular Lot

About This Home

As of July 2023

Calling all investors!! Two homes on a large lot located in the Town of Franklinton. Both properties currently bring in $1300 a month. Great location by shopping, dining, and Riverside Medical Center. Property is being sold as is and seller will make no repairs.

Last Agent to Sell the Property

Heather Seal

Downtown Realty License #995702076 Listed on: 05/21/2023

Co-Listed By

JOHN SEAL

Downtown Realty License #995700917

Last Buyer's Agent

Heather Seal

Downtown Realty License #995702076 Listed on: 05/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $533

Lot Details

  • Rectangular Lot
  • Property is in average condition

Home Design

  • Cottage
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,861 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Franklinton Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 5
  • Assessor Parcel Number 0330117200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$533

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: 09022194196
  • Co List Office Mls Id: YHTR01
  • Co List Office Phone: (985) 467-7355
  • Subdivision Name: Franklinton
  • Architectural Style: Cottage
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 68
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1861.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Foundation Details: Raised, Slab
  • Property Condition: Average Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 0330117200
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jul 7, 2023
Sold by
Jenkins Miley Tina Cecile
Bought by
Multi-Race Housing Llc
Seller's Agent
Heather Seal
Downtown Realty
Buyer's Agent
Heather Seal
Downtown Realty
List Price
$75,000
Views
16
Current Estimated Value
$97,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.94%
Original Mortgage
$65,000
Interest Rate
6.57%
Mortgage Type
New Conventional
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
Multi-Race Housing Llc $65,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Multi-Race Housing Llc $90,000
Closed Multi-Race Housing Llc $104,157
Closed Multi-Race Housing Llc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold -- -- --
06/07/2023 06/07/23 Pending -- -- --
05/21/2023 05/21/23 For Sale $75,000 -- $40 / 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
2024 $533 $6,410 $0 $0
2023 $661 $6,410 $610 $5,800
2022 $586 $5,110 $610 $4,500
2021 $598 $5,110 $610 $4,500
2020 $598 $5,110 $610 $4,500
2019 $599 $5,110 $610 $4,500
2018 $498 $5,110 $610 $4,500
2017 $604 $5,110 $610 $4,500
2015 $609 $5,110 $610 $4,500
2013 $644 $5,110 $610 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2395425

APN: 033-0117200