$115,000
SOLD NOV 2, 2018
Last list price
8 Beds
8 Baths
4,000 Sq Ft
5,270 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

125 Days on Market

Highlights

  • Balcony
  • Ceramic Tile Flooring
  • Wood Siding
  • Porch
  • Central Air
  • Multiple Heating Units

About This Home

As of December 2020

Don't let this money maker pass you by! All 4 units offer 2 bedrooms, 1 full bath, one half bath and washer/dryer hookups. New lower kitchen cabinets in two units, new tub in one unit. Rent potential in the neighborhood ranges up to $625 per unit. Low maintenance brick exterior, front porch downstairs and balcony upstairs. Convenient access to I-10, Ambassador Caffery, medical, grocery, etc.

Last Agent to Sell the Property

Reba Crochet

District South Real Estate Co. License #47301 Listed on: 06/15/2018

Co-Listed By

Brian Crochet

District South Real Estate Co. License #0995689386

Last Buyer's Agent

Andrew Angerer

Century 21 Action Realty License #0995693598

Century 21 Action Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $746

Lot Details

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

HOA Fees

  • $100 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Electric Cooktop
  • Washer and Dryer Hookup

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 6 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Balcony
  • Porch

Schools

  • Prairie Elementary School
  • Edgar Martin Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,400
  • Tenant pays for electricity
  • The owner pays for sewer, trash collection, water
  • Tax Lot 71

Community Details

Overview

  • 4 Units
  • Ile Des Cannes Subdivision

Building Details

  • 4 Vacant Units
  • Insurance Expense $1,250
  • Other Expense $140
  • New Taxes Expense $850
  • Gross Income $6,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$746

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.121
  • Lot Size: 62 x 85
  • Co List Office Mls Id: l001224
  • Co List Office Phone: 337-534-0555
  • Subdivision Name: Ile Des Cannes
  • Directions: From Ambassador, west on Dulles toward Scott. Left on Herbert, RT on Sweetbriar, Left on Basin
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Range, Refrigerator, Electric Cooktop
  • Other Equipment: Individual Meter
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Ceramic Tile, Vinyl, Tile
  • Interior Amenities: Master Bath, Unit 1(Master Bedroom), Unit 2(Master Bedroom), Unit 3(Master Bedroom), Unit 4(Master Bedroom)
  • Living Area: 4000

Exterior Features

  • Fencing: None
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Prairie
  • High School: Acadiana
  • Middle Or Junior School: Edgar Martin

Lot Info

  • Lot Size Sq Ft: 5270
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 6600
  • Insurance Expense: 1250
  • Number Of Units Vacant: 4
  • Total Actual Rent: 2400
  • Income And Expenses Vacancy Allowance: 75

Tax Info

  • New Taxes Expense: 850
  • 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:

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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

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 18006059

REALTOR® Association of Acadiana

APN: 6038370