NOT LISTED FOR SALE

Estimated Value: $198,000 - $482,000

8 Beds
4 Baths
3,400 Sq Ft
$112/Sq Ft Est. Value

Last Sold February 26, 2019

Current estimated payment $2,341/month

7 Days on Market

Highlights

  • 0.3 Acre Lot
  • Parking Storage or Cabinetry
  • Ceramic Tile Flooring
  • Woodvale Elementary School Rated A-
  • Shed
  • Central Air

About This Home

As of February 2019

2-duplexes with each duplex having 2-units with each unit having 2-bedrooms, 1-bath and there is also a 2-story cottage with 1-bedroom, 1-bath that rents for $700. per month. 100% occupied. Covered parking and storage.

Last Agent to Sell the Property

Marilyn McDonald

Caffery Real Estate, Inc. License #0995681448 Listed on: 01/15/2019

Last Buyer's Agent

Stefanie Kellner

Latter & Blum License #0995685223

Latter & Blum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,424

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100' x 130'
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 7 Car Garage
  • Parking Storage or Cabinetry

Outdoor Features

  • Shed

Schools

  • Montgomery Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,725
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, sewer, trash collection, water
  • Tax Lot 21 & 22

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Broussard Subdivision

Building Details

  • 4 Leased Units
  • Insurance Expense $3,023
  • New Taxes Expense $2,000
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,424

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2984
  • Lot Size: 100' x 130'
  • Subdivision Name: Broussard
  • Directions: On St. Mary Blvd. going towards Congress, property will be on the left just before Congress St.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Unit 1(Other), Unit 2(Other), Unit 3(Other), Unit 4(Other)
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 3
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer, Electric Cooktop, Unit 1 Washer/Dryer, Unit 2 Washer/Dryer, Unit 3 Washer/Dryer
  • Other Equipment: Individual Meter
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Ceramic Tile, Other
  • Interior Amenities: Ceiling Fan(s), Unit 1(Eat-in Kitchen,Master Bedroom), Unit 2(Eat-in Kitchen,Master Bedroom), Unit 3(Eat-in Kitchen,Master Bedroom), Unit 4(Eat-in Kitchen,Master Bedroom)
  • Living Area: 3400
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Partial, Wood
  • Construction Type: Concrete, Frame, Brick Veneer
  • Foundation Details: Slab
  • Other Structures: Shed(s), Storage
  • Property Condition: 51 - 75 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Storage, Covered
  • Total Parking Spaces: 7

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s),Central Air,Other,Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric,Natural Gas, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Montgomery
  • High School: Lafayette
  • Middle Or Junior School: Lafayette

Lot Info

  • Lot Size Sq Ft: 13000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 41400
  • Insurance Expense: 3022.83
  • Number Of Units Leased: 4
  • Total Actual Rent: 2725

Tax Info

  • New Taxes Expense: 2000
  • Tax Lot: 21 & 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 26, 2019
Sold by
Stage Properties Llc
Bought by
Second Location Llc
Seller's Agent
Marilyn McDonald
Caffery Real Estate, Inc.
Buyer's Agent
Stefanie Kellner
Latter & Blum
List Price
$350,000
Current Estimated Value
$380,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$288,800
Outstanding Balance
$256,452
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$125,881
Source: Public Records

Range of Values:

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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
Second Location Llc $361,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Second Location Llc $288,800
Previous Owner Stage Roxanne R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold -- -- --
01/23/2019 01/23/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $350,000 -- $103 / 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 $3,424 $32,544 $5,110 $27,434
2023 $3,424 $30,945 $5,110 $25,835
2022 $3,238 $30,945 $5,110 $25,835
2021 $2,892 $27,547 $5,110 $22,437
2020 $2,882 $27,547 $5,110 $22,437
2019 $2,035 $24,696 $4,700 $19,996
2018 $2,520 $24,696 $4,700 $19,996
2017 $2,109 $20,690 $4,700 $15,990
2015 $949 $13,876 $4,700 $9,176
2013 -- $9,320 $3,000 $6,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 19000476

REALTOR® Association of Acadiana

APN: 6148875