NOT LISTED FOR SALE

191 Fruge Rd Lake Charles, LA 70611

Moss Bluff Neighborhood

Estimated Value: $74,487 - $231,000

-- Bed
-- Bath
3,400 Sq Ft
1959 Built

Last Sold August 11, 2023

Current estimated payment $963/month

24 Days on Market

About This Home

As of August 2023

Attention all Investors!! This rental property comes with 4 units that are all currently occupied. All units are 2 bedroom/ 1 bath. Three of the tenants currently pay $850/month and the other tenant pays $825/month. New roof on all units and rock will be added to driveway. All units have washer and dryer hookups. Located in Flood Zone X.

Last Agent to Sell the Property

Kelley Richardson

Real Broker, LLC License #995696510 Listed on: 05/23/2023

Last Buyer's Agent

Lee Ann Buller

CENTURY 21 Bessette Flavin License #995704646

Property Details

Home Type

Condominium

Est. Annual Taxes

$369

Year Built

1959

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: 33573
  • Co List Office Mls Id: 368
  • Co List Office Phone: 337-725-4663
  • Subdivision Name: Spears John D
  • Directions: From 171 take left on Sam Houston Pkwy, take left on Fruge, property is on right
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Year Built: 1959

Interior Features

  • Number Of Buildings: 4
  • Private Spa: No
  • Fireplace Features: None
  • Stories: 1

Exterior Features

  • Exclusions: All measurements m/l.
  • Common Walls: No Common Walls
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Parking Lot

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside
  • Cooling: Wall/Window Unit(s)
  • Sewer: Private Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Land Lease Expiration Date: 2023-11-30
  • Additional Parcels Description: 00026638
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 40500.0
  • Insurance Expense: 5600.0
  • Property Net Operating Income: 34125.0
  • Annual Operating Expense: 6375.0
  • Total Actual Rent: 3375.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4

Tax Info

  • New Taxes Expense: 775.0
  • Tax Lot: 6, 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Aug 11, 2023
Sold by
Eco Properties Llc
Bought by
T617 Llc
Seller's Agent
Kelley Richardson
Real Broker, LLC
Buyer's Agent
Lee Ann Buller
CENTURY 21 Bessette Flavin
List Price
$365,000
Current Estimated Value
$171,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.03%
Original Mortgage
$277,950
Outstanding Balance
$272,048
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
-$100,676

Purchase Details

Closed on
May 24, 2022
Sold by
Mtt Real Estate Llc
Bought by
Eco Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,051
Interest Rate
5.25%
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
T617 Llc $327,000 Cypress Title
Eco Enterprises Llc $300,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T617 Llc $277,950
Previous Owner Eco Enterprises Llc $262,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold -- -- --
06/16/2023 06/16/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $365,000 -- $107 / Sq Ft
Source: Southwest Louisiana 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 $369 $3,430 $820 $2,610
2023 $369 $3,430 $820 $2,610
2022 $362 $3,430 $820 $2,610
2021 $380 $3,430 $820 $2,610
2020 $342 $3,140 $790 $2,350
2019 $368 $3,370 $760 $2,610
2018 $369 $3,370 $760 $2,610
2017 $374 $3,370 $760 $2,610
2016 $376 $3,370 $760 $2,610
2015 $376 $3,370 $760 $2,610
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kelley Richardson

    Real Broker, LLC

  • L

    Buyer's Agent in 2023

    Lee Ann Buller

    CENTURY 21 Bessette Flavin

See All Agents

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL23003201

APN: 00026638

Louisiana Calcasieu Parish Lake Charles 70611 Moss Bluff

191 Fruge Rd, Lake Charles, LA

This home is located at 191 Fruge Rd, Lake Charles, LA 70611 since 23 May 2023 and is currently estimated at $171,372, approximately $50 per square foot. This property was built in 1959. 191 Fruge Rd is a home located in Calcasieu Parish with nearby schools including Moss Bluff Elementary School, Moss Bluff Middle School, and Sam Houston High School.

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