NOT LISTED FOR SALE

202 Basin St Lafayette, LA 70506

Central Lafayette Parish Neighborhood

Estimated Value: $135,000 - $201,908

8 Beds
8 Baths
3,600 Sq Ft
$43/Sq Ft Est. Value

Last Sold December 04, 2020

Current estimated payment $1,051/month

10 Days on Market

Highlights

  • Porch
  • Community Playground
  • Ceiling Fan
  • Patio
  • Central Air
  • Level Lot

About This Home

As of December 2020

Sturdy brick on slab fourplex with large 2 bedroom 1.5 bath flats located in Ile Des Cannes Subdivision. Currently 100% Occupied with $2,250 per month income and $27,000 per year. Nice rental history with some long term tenants in place. Current and potential income boasts an impressive cash flow with some upside. The units are well maintained, updated and cared for. Quality management is in place. Full financials are available to potential buyers with rental history and current P and L sheet.

Last Agent to Sell the Property

Jamie Knight

Keaty Real Estate Team Listed on: 09/25/2020

Last Buyer's Agent

Lance Richard

EXP Realty, LLC License #995704537

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $746

Lot Details

  • 5,270 Sq Ft Lot
  • Lot Dimensions are 62' x 85'
  • Level Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Westside Elementary School
  • Scott Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $2,250
  • Tenant pays for electricity
  • Tax Lot 71

Community Details

Overview

  • 4 Units
  • Ile Des Cannes Subdivision

Recreation

  • Community Playground

Building Details

  • 4 Leased Units
  • New Taxes Expense $845
  • Gross Income $24,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$746

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.121
  • Lot Size: 62' x 85'
  • Subdivision Name: Ile Des Cannes
  • Directions: Dulles Street to Left on Hebert Road near Family Life Church, Right on Sweetbriar, Left on Basin.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3600

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Cooling: Ceiling Fan(s),Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, Playground
  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Westside
  • High School: Acadiana
  • Middle Or Junior School: Scott

Lot Info

  • Lot Size Sq Ft: 5270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 24840
  • Number Of Units Leased: 4
  • Total Actual Rent: 2250

Tax Info

  • New Taxes Expense: 844.95
  • Tax Lot: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Rich Properties And Holdings Llc
Bought by
Jackson Alece Raylynn
Current Estimated Value
$155,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Outstanding Balance
$138,486
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$16,741

Purchase Details

Closed on
May 5, 2022
Sold by
Rich Properties And Holdings Llc
Bought by
A Y Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 4, 2020
Sold by
Desanto Jason
Bought by
Aco Rentals Llc
Seller's Agent
Jamie Knight
Keaty Real Estate Team
Buyer's Agent
Lance Richard
EXP Realty, LLC
List Price
$110,000
Sold 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
7.86%
Original Mortgage
$108,264
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2018
Closed on
Nov 2, 2018
Sold by
Gilmer Jameer L
Bought by
Desanto Jason
Seller's Agent
Reba Crochet
District South Real Estate Co.
Buyer's Agent
Andrew Angerer
Century 21 Action Realty
List Price
$115,000
Sold Price
$80,000
Premium/Discount to List
-$35,000
-30.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%

Purchase Details

Closed on
Jan 12, 2007
Sold by
Girouard Simon Dana Marie and Simon Scot Dwayne
Bought by
Gilmer Jameer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,100
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 2005
Sold by
Hargrave James Odell and Hargrave Catherine Spear
Bought by
Girouard Simon Dana Marie and Simon Scot D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,300
Interest Rate
5.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jackson Alece Raylynn $145,000 --
Rich Properties And Holdings Llc $128,600 --
A Y Investments Llc -- None Listed On Document
Aco Rentals Llc $110,000 None Available
Desanto Jason $80,000 None Available
Gilmer Jameer L $123,000 None Available
Girouard Simon Dana Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Alece Raylynn $6,949
Open Jackson Alece Raylynn $142,373
Previous Owner A Y Investments Llc $120,000
Previous Owner Aco Rentals Llc $108,264
Previous Owner Gilmer Jameer L $86,100
Previous Owner Girouard Simon Dana Marie $12,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold -- -- --
10/06/2020 10/06/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $110,000 -4.3% $31 / Sq Ft
11/02/2018 11/02/18 Sold -- -- --
10/19/2018 10/19/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $115,000 -- $29 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $746 $11,262 $500 $10,762
2023 $746 $9,850 $500 $9,350
2022 $867 $9,850 $500 $9,350
2021 $871 $9,850 $500 $9,350
2020 $870 $9,850 $500 $9,350
2019 $827 $9,850 $500 $9,350
2018 $845 $9,850 $500 $9,350
2017 $844 $9,850 $500 $9,350
2015 $841 $9,850 $500 $9,350
2013 -- $9,850 $500 $9,350
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jamie Knight

    Keaty Real Estate Team

  • L

    Buyer's Agent in 2020

    Lance Richard

    EXP Realty, LLC

    (337) 303-5876

    4 in this area

    23 Total Sales

    Lance Richard
    Section Image

  • R

    Seller's Agent in 2018

    Reba Crochet

    District South Real Estate Co.

  • B

    Seller Co-Listing Agent in 2018

    Brian Crochet

    District South Real Estate Co.

  • A

    Buyer's Agent in 2018

    Andrew Angerer

    Century 21 Action Realty

    (337) 704-9021

    6 in this area

    91 Total Sales

    Andrew Angerer
    Section Image

  • M

    Buyer's Agent in 2018

    Melisha Angerer

    Century 21 Action Realty

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 20008602

REALTOR® Association of Acadiana

APN: 6038370

Louisiana Lafayette Parish Lafayette 70506 Central Lafayette Parish

202 Basin St, Lafayette, LA

This home is located at 202 Basin St, Lafayette, LA 70506 since 25 September 2020 and is currently estimated at $155,227, approximately $43 per square foot. 202 Basin St is a home located in Lafayette Parish with nearby schools including Westside Elementary School, Scott Middle School, and Acadiana High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

Nearby Homes