NOT LISTED FOR SALE

2107 Elder St Unit 2109 Lake Charles, LA 70601

Estimated Value: $40,000 - $300,000

-- Bed
-- Bath
2,110 Sq Ft
2015 Built

Last Sold September 26, 2022

Current estimated payment $1,402/month

1 Day on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Turnkey
  • No HOA

About This Home

As of September 2022

Calling all investors! Here's your opportunity to own two turn key 3 bedroom/2 bath properties sitting on over half an acre on a large attached corner lot. This property has previously been approved to build more homes giving you the opportunity to increase your income opportunity. 1 unit is already income producing for $1200/month. Adding this property to your protfolio is a must. Schedule your tour today! *PROPERTY HAS BEEN VIRTUALLY STAGED*

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,285

Year Built

  • 2015

Home Design

  • Turnkey
  • Slab Foundation

Additional Features

  • 1-Story Property
  • Rectangular Lot
  • City Lot
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bilbo Ben Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,200

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,285

Year Built

2015

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: Corner Lot, City Lot, Rectangular Lot
  • Lot Size: 123x219
  • Has HOA?: No
  • Co List Office Phone: 337-602-6052
  • Special Conditions: Standard
  • Subdivision Name: Bilbo Ben
  • Directions: From Broad street Head north on HWY 171 N. Turn Left heading west on cline street. Turn right Albert street heading north then left on elder street heading west. Homes will be located on the left side at the end of corner.
  • Has Cooling?: Yes
  • Unit Levels: One
  • Is New Construction?: No
  • Property Attached Yn: No
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 260000.0
  • Special Features: VirtualTour
  • Year Built: 2015

Interior Features

  • Number Of Buildings: 2
  • Stories: 1

Exterior Features

  • Foundation Details: Slab
  • Property Condition: Turnkey

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1200.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Goodgriff Enterprises Llc
Bought by
La Maison Investment Group Llc
Current Estimated Value
$213,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Outstanding Balance
$243,705
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$30,064

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 23, 2022
Sold by
Ad Lavigne Properties Llc
Bought by
Goodgriff Enterprises Llc
List Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.03%
Original Mortgage
$221,000
Interest Rate
5.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
La Maison Investment Group Llc $290,000 Landmark Title
Goodgriff Enterprises Llc $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Maison Investment Group Llc $246,500
Previous Owner Goodgriff Enterprises Llc $221,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold -- -- --
08/26/2022 08/26/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $260,000 -- $123 / 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 $3,285 $16,510 $1,830 $14,680
2023 $3,285 $16,510 $1,830 $14,680
2022 $1,900 $16,510 $1,830 $14,680
2021 $1,823 $16,510 $1,830 $14,680
2020 $1,938 $14,980 $1,760 $13,220
2019 $2,202 $16,370 $1,690 $14,680
2018 $2,010 $16,370 $1,690 $14,680
2017 $1,859 $16,370 $1,690 $14,680
2016 $191 $1,690 $1,690 $0
2015 $191 $1,690 $1,690 $0
Source: Public Records

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL22006736

APN: 00285501

Louisiana Calcasieu Parish Lake Charles 70601

2107 Elder St Unit 2109, Lake Charles, LA

Not Listed for Sale

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