NOT LISTED FOR SALE

1625 8th St Lake Charles, LA 70601

Estimated Value: $92,000 - $146,000

8 Beds
4 Baths
4,650 Sq Ft
$24/Sq Ft Est. Value

Last Sold December 27, 2018

Current estimated payment $696/month

251 Days on Market

Highlights

  • Cottage
  • Rectangular Lot
  • 1-Story Property

About This Home

As of December 2018

Great Invest opportunity. 4 units

Last Agent to Sell the Property

Mark Norsworthy

Keller Williams Realty Lake Ch License #19574 Listed on: 02/09/2018

Keller Williams Realty Lake Ch

Co-Listed By

Kashia Gaspard

Real Broker, LLC License #995691878

Last Buyer's Agent

CASSANDRA PRYOR

Executive Total Realty, LLC License #995696525

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1963

Lot Details

  • 0.52 Acre Lot
  • Rectangular Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Cottage
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,650 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Pearl Watson Elementary School
  • Molo Middle School
  • Washington-Marion High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • 4,650 Sq Ft Building
  • Eastside Subdivision

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 22/23
  • Assessor Parcel Number 00603465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$894

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Cottage
  • Registered: No
  • Age Description: Additional Years
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Square Footage: 4650.00
  • FireplaceYN: No
  • Square Footage: 4650.00
  • Price Per Square Foot: 19.35
  • Stories: 1

Exterior Features

  • Construction Materials: Other
  • Foundation: Raised
  • Lot Features: Rectangular Lot
  • Pool Features: None
  • Property Condition: Repairs Cosmetic
  • Roof: Asphalt, Shingle
  • Spa: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Electricity Provided By: Entergy
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Pearl Watson
  • Middle School: Molo
  • High School: Washington-Marion
  • Elementary School: Pearl Watson
  • HighSchool: Washington-Marion
  • MiddleOrJuniorSchool: Molo

Lot Info

  • Parcel Number: 00603465
  • Lot Size Acres: 0.5200
  • Lot Size Searchable: 22651.20
  • Lot Size Sq Ft: 22651.20

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Unit Count: 4
  • Number of Units: 4

Tax Info

  • TaxLegalDescription: Lt 23 &W1/2 Of Lt 24 & Lt 22 & E1/2Lt 21
  • Tax Lot: 22/23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Dec 26, 2018
Sold by
Mjl Properties Llc
Bought by
Brown Gabriel A
Seller's Agent
Mark Norsworthy
Keller Williams Realty Lake Ch
Buyer's Agent
CASSANDRA PRYOR
Executive Total Realty, LLC
List Price
$149,000
Sold Price
$90,000
Premium/Discount to List
-$59,000
-39.6%
Current Estimated Value
$112,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,485
Avg. Annual Appreciation
3.46%
Original Mortgage
$67,500
Outstanding Balance
$60,157
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$52,328

Purchase Details

Closed on
Aug 31, 2006
Sold by
Bertrand Paul Wellman
Bought by
Lacombe Michael Joseph and Breaux Cheryl Ann

Purchase Details

Closed on
Aug 23, 2006
Sold by
Bertrand Paul W
Bought by
Burke Farms & Properties
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
Brown Gabriel A $90,000 None Available
Lacombe Michael Joseph $74,000 None Available
Burke Farms & Properties $944 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Gabriel A $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold -- -- --
10/18/2018 10/18/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $149,000 +25.2% $32 / Sq Ft
02/11/2014 02/11/14 Sold -- -- --
01/13/2014 01/13/14 Pending -- -- --
07/28/2013 07/28/13 For Sale $119,000 -- $26 / Sq Ft
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 $894 $7,840 $2,590 $5,250
2023 $894 $7,840 $2,590 $5,250
2022 $902 $7,840 $2,590 $5,250
2021 $866 $7,840 $2,590 $5,250
2020 $934 $7,220 $2,490 $4,730
2019 $1,029 $7,650 $2,400 $5,250
2018 $939 $7,650 $2,400 $5,250
2017 $869 $7,650 $2,400 $5,250
2016 $872 $7,650 $2,400 $5,250
2015 $865 $7,650 $2,400 $5,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Southern MLS

MLS Number: 156682

Greater Southern MLS

APN: 00603465