$110,000
SOLD DEC 4, 2020
Last list price

202 Basin St Lafayette, LA 70506

Central Lafayette Parish Neighborhood
8 Beds
8 Baths
3,600 Sq Ft
5,270 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

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
$154,174

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
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

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:

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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 Type Sale Price Title Company
Deed $145,000 --
Deed $128,600 --
Deed -- None Listed On Document
Cash Sale Deed $110,000 None Available
Cash Sale Deed $80,000 None Available
Deed $123,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,949 FHA
Open $142,373 FHA
Previous Owner $120,000 New Conventional
Previous Owner $108,264 New Conventional
Previous Owner $86,100 Unknown
Previous Owner $12,300 New Conventional
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

    24 Total Sales

    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

    83 Total Sales

    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 and is currently estimated at $110,000, approximately $30 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.

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