NOT LISTED FOR SALE

1701 7th St Lake Charles, LA 70601

Lake Charles Area

Estimated Value: $49,670 - $120,000

Studio
1 Bath
8,117 Sq Ft
$10/Sq Ft Est. Value

Sale Details

Date Sold: April 13, 2023

Current estimated payment $441 / mo

173 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2023

This package of seven income producing homes is a great value! At a little over 54k per unit this package will be a great addition to a savvy investor's portfolio. Homes are all rented and some are approved through section 8, see attachments. These properties gross over 70k in rental income per year. Showings must be arranged 48 hours in advance.

Last Agent to Sell the Property

Laci Granger

Real Broker, LLC License #995698955 Listed on: 09/29/2022

Co-Listed By

Joshua Floyd

Coldwell Banker Ingle Safari R License #41435

Last Buyer's Agent

Evia Hodge

Cedar & Moss Realty License #34158

Home Details

Home Type

  • Single Family

Year Built

  • 1960

Home Design

  • Shingle Roof

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • 1-Story Property
  • City Lot

Community Details

Overview

  • No Home Owners Association

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters

Home Details

Home Type

Single Family

Year Built

1960

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Lot Features: City Lot, Yard
  • Lot Size: 180' x 50' M/L
  • SpaFeatures: None
  • Has HOA?: No
  • Co List Office Phone: 337-287-9500
  • Co List Office Phone: 337-287-9500
  • Special Conditions: Standard
  • Directions: From Hwy 171 S, Take a right onto Broad St, left onto Third Ave, right onto 7th St. home is on your right.
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Unit Levels: One
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • PropertySubTypeAdditional: Single Family Residence
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 367000.0
  • Special Features: VirtualTour
  • Year Built: 1960

Interior Features

  • Number Of Buildings: 7
  • Private Spa: No
  • Fireplace Features: None
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Has Private Pool?: No
  • Exclusions: Tenants Property.
  • Roof: Shingle

Utilities

  • Laundry Features: Inside
  • Cooling: Wall/Window Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Additional Parcels: No

Rental Info

  • Rent Control: Yes

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 5875.0
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2007
Sold by
Bought by
Current Estimated Value
$77,418

Purchase Details

Closed on
Aug 24, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$38,500 Elite Title Insurance Agency
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold -- -- --
03/19/2023 03/19/23 Pending -- -- --
09/27/2022 09/27/22 For Sale $380,000 -- $47 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $363 $3,050 $860 $2,190
2024 $363 $3,050 $860 $2,190
2023 $348 $3,050 $860 $2,190
2022 $351 $3,050 $860 $2,190
2021 $337 $3,050 $860 $2,190
2020 $362 $2,800 $830 $1,970
2019 $402 $2,990 $800 $2,190
2018 $367 $2,990 $800 $2,190
2017 $340 $2,990 $800 $2,190
2016 $338 $2,990 $800 $2,190
2015 $338 $2,990 $800 $2,190
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laci Granger

    Real Broker, LLC

    (337) 401-9825

    80 Total Sales

    Laci Granger
    Section Image
  • Joshua Floyd

    Seller Co-Listing Agent in 2023

    Joshua Floyd

    Coldwell Banker Ingle Safari R

    (337) 263-5954

    148 Total Sales

    Joshua Floyd
    Section Image
  • Evia Hodge

    Buyer's Agent in 2023

    Evia Hodge

    Cedar & Moss Realty

    (337) 540-3088

    21 Total Sales

    Evia Hodge
    Section Image
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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL22007541

APN: 00547085

Louisiana Calcasieu Parish Lake Charles 70601

1701 7th St, Lake Charles, LA

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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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