NOT LISTED FOR SALE

Estimated Value: $337,000 - $562,202

20 Beds
8 Baths
4,000 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 25, 2022

Current estimated payment $2,424/month

102 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Porch
  • Water Access
  • Balcony
  • Central Heating and Cooling System

About This Home

As of March 2022

Lakefront - Huge value opportunity. Very well maintained fully occupied 4-plex. Close to shops and restaurants. Fully occupied! Tenants Pay own utilities. Units have attractive floor plans and tenants LOVE the balconies. Newer appliances, new fence along the side, new windows, 3 new a/c systems, mature landscaping, washer/dryers/ microwaves included in sale. Very attractive building with a fresh, well maintained look which is impossible to find at this price. New Roof installed October 2021. Ride by and see for yourself, but please do NOT disturb the tenants

Last Agent to Sell the Property

Matthew Chaney

Amelia Fine Homes LLC License #0995692168 Listed on: 11/15/2021

Last Buyer's Agent

Leigh Moss

Highland Road Realty License #0995689971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,449

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 64x128
  • Wood Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Parking Lot

Outdoor Features

  • Water Access
  • Balcony
  • Porch

Additional Features

  • Mineral Rights
  • Central Heating and Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,449

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Number Stories: 2
  • Legal Description: Lot 24 of Cedar Lake 2nd filing(4Plex)
  • Miscellaneous: Washer/Dryer All
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Vinyl:Tile Floor, Wood Floor, Wall to Wall Carpet Floor
  • Equipment: Cable Available
  • Kitchen Features: Cooktop: Electric, Dishwasher, Disposal, Dryer, Microwave, Pantry, Range/Oven, Refrigerator
  • Estimated Total Sq Ft: 4000
  • List Price T Sq Ft: 71.25
  • Price Per Sq Ft: 77.5
  • Source Sq Ft: APPROXIMATE

Exterior Features

  • Exterior: Balcony, Porch
  • Foundation: Slab:Traditional Found
  • Roof: Architec. Shingle Roof
  • Siding: Brick Siding
  • Waterfront: Water Access, View Water

Garage/Parking

  • Parking: Parking Lot
  • Tot Park Spcs: 8

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 4

Lot Info

  • Lot Number: 24
  • Acres: 0.19
  • Estimated Age: 31-40 Years
  • Fencing: Wood Fence
  • Lot Dimensions: 64x128
  • Mineral Rights: CONVEYED

Rental Info

  • Current Month Included: 2895
  • Tenant Pays: Broadband Internet, Cable/Sat TV, Electric, Sewer, Trash, Water

Multi Family

  • Heat Units: 4
  • Indiv Metered: Yes
  • Units: 4

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Mar 29, 2022
Sold by
Bayou Fountain Br4 Llc
Bought by
S And C Brothers Properties Llc
Seller's Agent
Matthew Chaney
Amelia Fine Homes LLC
Buyer's Agent
Leigh Moss
Highland Road Realty
List Price
$285,000
Current Estimated Value
$408,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$263,500
Outstanding Balance
$246,002
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$162,299

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 4, 2020
Sold by
Carmela Ventures Llc
Bought by
Bayou Fountain Br4 Llc
Seller's Agent
Justen Rider
Cornerstone Management Group LLC
Buyer's Agent
Matthew Chaney
Amelia Fine Homes LLC
List Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%
Original Mortgage
$200,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 2017
Sold by
Smith Bilwood
Bought by
Carmella Ventures Llc A Limited Liabilit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.03%
Mortgage Type
New Conventional
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
S And C Brothers Properties Llc $310,000 None Listed On Document
Bayou Fountain Br4 Llc $243,750 Commerce Title & Abstract Co
Carmella Ventures Llc A Limited Liabilit $200,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S And C Brothers Properties Llc $263,500
Previous Owner Bayou Fountain Br4 Llc $200,000
Previous Owner Carmella Ventures Llc A Limited Liabilit $636,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold -- -- --
02/25/2022 02/25/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $285,000 0.0% $71 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $285,000 +14.5% $71 / Sq Ft
09/04/2020 09/04/20 Sold -- -- -- View Prior Sale
08/24/2020 08/24/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $249,000 -- $62 / Sq Ft
Source: Greater Baton Rouge 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 $3,449 $29,450 $1,650 $27,800
2023 $3,449 $29,450 $1,650 $27,800
2022 $2,765 $23,160 $1,650 $21,510
2021 $2,702 $23,160 $1,650 $21,510
2020 $2,550 $22,000 $1,650 $20,350
2019 $2,422 $20,000 $1,500 $18,500
2018 $2,392 $20,000 $1,500 $18,500
2017 $2,105 $17,600 $1,500 $16,100
2016 $2,053 $17,600 $1,500 $16,100
2015 $2,002 $17,150 $1,500 $15,650
2014 $1,995 $17,150 $1,500 $15,650
2013 -- $17,150 $1,500 $15,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2021017530

Greater Baton Rouge Association of REALTORS®

APN: 00335177