NOT LISTED FOR SALE

Estimated Value: $243,000

12 Beds
6 Baths
4,814 Sq Ft
$50/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $79,900 $17 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $1,380/month

27 Days on Market

About This Home

As of December 2019

Six Units! Each unit has 2 bedrooms and 1 bathroom! Attention Investors: Amazing Income Producing Investment Opportunity to Diversify Your Portfolio and Generate High Returns ~ 6 Unit Apartment Complex ~ Can be purchased with other properties - Total of 44 Properties in Portfolio

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.27

Interior Spaces

  • Property has 3 Levels

Utilities

  • Central Air
  • No Heating

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1970
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: No
  • Laundry Features: Individual

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: .28 acres
  • Lot Size Units: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Gas

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Superior Acquisitions Llc
Bought by
D & E Properties General Partnership
Current Estimated Value
$243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$1,008,221
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$765,221

Purchase Details

Closed on
Aug 5, 2020
Sold by
Midland Capital
Bought by
Superior Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 9, 2019
Closed on
Dec 5, 2019
Sold by
Wyatt Joel
Bought by
Midland Capital
List Price
$79,900
Sold Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.93%

Purchase Details

Closed on
Feb 15, 2019
Sold by
Blurton Capital Llc
Bought by
Iberiabank

Purchase Details

Closed on
Dec 14, 2012
Sold by
Adams Ralph E
Bought by
Blurton Capital Llc

Purchase Details

Closed on
Feb 28, 2011
Sold by
First State Bank
Bought by
Adams Ralph E

Purchase Details

Closed on
Feb 3, 2011
Sold by
Holder Rt
Bought by
First State Bank

Purchase Details

Closed on
Nov 10, 2005
Bought by
Holder Rt

Purchase Details

Closed on
Jun 15, 1979
Bought by
Hefley Stephen E

Purchase Details

Closed on
Apr 29, 1977

Purchase Details

Closed on
Sep 8, 1975
Source: Public Records
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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
D & E Properties General Partnership $1,600,000 None Listed On Document
Superior Acquisitions Llc $300,000 None Available
Midland Capital -- None Available
Wyatt Joel $79,900 Home Surety T&E Llc
Iberiabank $251,100 None Available
Blurton Capital Llc $81,700 --
Adams Ralph E $70,000 --
First State Bank $95,000 --
Holder Rt $280,000 --
Hefley Stephen E -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & E Properties General Partnership $1,040,000
Previous Owner Superior Acquisitions Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $79,900 0.0% $17 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
11/09/2019 11/09/19 For Sale $79,900 -- $17 / Sq Ft
Source: Realtracs

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
2025 $1,307 $69,760 $4,880 $64,880
2024 $1,307 $69,760 $4,880 $64,880
2022 $2,431 $69,760 $4,880 $64,880
2021 $2,937 $68,120 $2,840 $65,280
2020 $2,937 $68,120 $2,840 $65,280
2019 $983 $22,800 $2,840 $19,960
2018 $1,787 $22,800 $2,840 $19,960
2017 $2,961 $67,120 $2,840 $64,280
2016 $2,760 $67,120 $2,840 $64,280
2015 $2,760 $67,120 $2,840 $64,280
2014 $2,760 $67,120 $2,840 $64,280
Source: Public Records

Map

Source: Realtracs

MLS Number: 3025837

Realtracs

APN: 078H-S-026.00