NOT LISTED FOR SALE

Estimated Value: $184,000 - $254,000

20 Beds
8 Baths
4,228 Sq Ft
$49/Sq Ft Est. Value

Last Sold October 30, 2014

Current estimated payment $1,290/month

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Patio
  • Property fronts a bayou
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of October 2014

Great investment opportunity located just 3 miles South of LSU and 1 mile from the new L'Auberge Casino. This area is in a growth phase and road improvements are under way. The available property is in great condition and was just upgraded within the last few months with wood floors and granite counter tops. Water, sewer & electric are metered separate. Each of the 4 apartments has 2 bedrooms and 1.5 baths. Rents range from $500 to $575 per month. The tenants who are not paying $575 have lived here for years & rent will increase to $575 as they move out. This building stays occupied and is in a superior location. Call Realtor for additional information. Information herein deemed accurate but not guaranteed by Realtor. Sale to be AS IS with full waiver of warranty and redhibition rights. Will show townhouses with accepted offer. Do not disturb tenants. Rent amounts as of 11/30/2013. Sellers will also sell 1655 Port Dr, next door.

Last Agent to Sell the Property

Margaret Adams

Compass - Perkins License #0000051939 Listed on: 11/04/2014

Compass - Perkins

Last Buyer's Agent

Brooke Viguerie

Brooke Viguerie License #0995696950

Brooke Viguerie

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Lot Details

  • 436 Sq Ft Lot
  • Property fronts a bayou
  • Privacy Fence
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 4,228 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Oven or Range
  • Electric Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Parking Spaces
  • Parking Lot

Outdoor Features

  • Nearby Water Access
  • Patio
  • Exterior Lighting

Additional Features

  • Mineral Rights
  • Central Heating and Cooling System

Community Details

  • Insurance Expense $1,500
  • New Taxes Expense $1,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Number Stories: 2
  • Miscellaneous: Full Finish
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Floor, Vinyl:Tile Floor, Wall to Wall Carpet Floor, Wood Floor
  • Interior: Electric Dryer Con., Electric Stove Con., Master Bath, Some Window Trtmt., Walk-In Closet
  • Equipment: Cable Available, Ceiling Fans, Individual Meter, Smoke Detector
  • Kitchen Features: Range/Oven, Refrigerator
  • Estimated Total Sq Ft: 4228
  • List Price T Sq Ft: 28.85525
  • Source Sq Ft: APPROXIMATE

Exterior Features

  • Exterior: Outside Light, Patio
  • Foundation: Slab:Traditional Found
  • Roof: Asphalt Comp Shingle Roof
  • Siding: Brick Siding, Vinyl Siding
  • Waterfront: Bayou/River Front, Walk To Water

Garage/Parking

  • Parking: Parking Lot
  • Tot Park Spcs: 10

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Subd Park, Subd Pub Transportation

Lot Info

  • Lot Number: 20-A
  • Acres: 0.01
  • Estimated Age: 21-30 Years
  • Fencing: Privacy Fence
  • Lot: Level Lot
  • Lot Dimensions: PER PLAT
  • Map Key: J
  • Map Page: 681
  • Mineral Rights: CONVEYED

Rental Info

  • Current Month Included: 2150
  • Current Month Included: P
  • Cur Mo Inc Yr: MO
  • Cur Mo I Y M: $2150 MO/P
  • Cur Yr Inc: 25920
  • Cur Yr Inc Yr: YR
  • Cur Yr I Y M: $25920 YR
  • Tenant Pays: Broadband Internet, Cable/Sat TV, Electric, Gas, Sewer, Trash, Water

Multi Family

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

Tax Info

  • Tax Expense: 1020

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2014
Closed on
Oct 30, 2014
Sold by
501 Investment Properties Llc
Bought by
Saltz Solomon
Seller's Agent
Margaret Adams
Compass - Perkins
Buyer's Agent
Brooke Viguerie
Brooke Viguerie
List Price
$132,000
Current Estimated Value
$207,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$50,000,000
Outstanding Balance
$38,651,785
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
-$38,444,124

Purchase Details

Listed on
Aug 19, 2010
Closed on
Jun 7, 2013
Sold by
Red Stick Investments Llc
Bought by
Viguerie Nicholas
Seller's Agent
David Vercher
KW Commercial Baton Rouge
Buyer's Agent
Ann Keltner
Realty Executives South Louisiana Group
List Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.20%
Original Mortgage
$63,430
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2006
Sold by
Ruedemann Charles D
Bought by
Vincent John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
6.24%
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
Saltz Solomon $120,000 --
Viguerie Nicholas $85,680 --
Vincent John L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saltz Solomon $50,000,000
Previous Owner Viguerie Nicholas $63,430
Previous Owner Vincent John L $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2014 11/04/14 For Sale $132,000 +20.0% $31 / Sq Ft
10/30/2014 10/30/14 Sold -- -- --
08/26/2014 08/26/14 Pending -- -- --
06/07/2013 06/07/13 Sold -- -- -- View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
08/19/2010 08/19/10 For Sale $110,000 -- $26 / 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 $2,204 $17,540 $1,100 $16,440
2023 $2,204 $12,540 $1,100 $11,440
2022 $1,583 $12,540 $1,100 $11,440
2021 $1,555 $12,540 $1,100 $11,440
2020 $1,542 $12,540 $1,100 $11,440
2019 $1,467 $11,400 $1,000 $10,400
2018 $1,450 $11,400 $1,000 $10,400
2017 $1,450 $11,400 $1,000 $10,400
2016 $1,416 $11,400 $1,000 $10,400
2015 $1,415 $11,400 $1,000 $10,400
2014 $1,188 $9,600 $1,000 $8,600
2013 -- $10,000 $1,000 $9,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 201317115

Greater Baton Rouge Association of REALTORS®

APN: 03107620