NOT LISTED FOR SALE

212 N Chestnut St New Iberia, LA 70560

Estimated Value: $129,000

-- Bed
-- Bath
4,540 Sq Ft
$28/Sq Ft Est. Value

Last Sold April 17, 2020

Current estimated payment $767/month

132 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • Multiple Heating Units

About This Home

As of April 2020

Great Investment Property! Includes a duplex (vacant), (9 total mobile home lots) 3 mobile homes (vacant, owner owns), 2 mobile homes are owned by the tenants that pay lot rent ($125 per month), with 4 additional lots to add your own mobile homes to rent. Gross potential monthly income $3900! All individually metered, public water & sewer. Needs a little TLC. Priced below appraisal!

Last Agent to Sell the Property

Kristen Gardemal

District South Real Estate Co. License #0995685564 Listed on: 10/04/2019

Last Buyer's Agent

Terrica Smith

Gateway Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $787

Lot Details

  • 0.47 Acre Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 4,540 Sq Ft Home
  • 2-Story Property

Parking

  • 10 Parking Spaces
  • Assigned Parking

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot P13 & P14

Community Details

Overview

  • 6 Buildings
  • 7 Units
  • Lourd's Addition Subdivision

Building Details

  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$787

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4714
  • Lot Size: 111 x 185/113
  • Subdivision Name: Lourd's Addition
  • Directions: HWY 182 FROM LAFAYETTE INTO NEW IBERIA 2ND REDLIGHT (CHESTNUT) TURN LEFT CROSS MAIN ST. PARK & DUPLEX ON RIGHT SIGN IN YARD CORNER OF CHESTNUT AND JANE STREET
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 6
  • Appliances: Refrigerator

Exterior Features

  • Construction Type: Frame, Aluminum Siding, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Other - See Remarks
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 10

Utilities

  • Cooling: Central Air,Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Wall Furnace, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Lot Size Sq Ft: 20535
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 3000

Tax Info

  • Tax Lot: P13 & P14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Apr 15, 2020
Sold by
Olivier Oaks Investments Llc
Bought by
Olivier Oaks Investments Llc
Seller's Agent
Kristen Gardemal
District South Real Estate Co.
Buyer's Agent
Terrica Smith
Gateway Realty, Inc.
List Price
$158,000
Current Estimated Value
$129,000

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%
Source: Public Records

Range of Values:

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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
Olivier Oaks Investments Llc $100,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold -- -- --
02/14/2020 02/14/20 Pending -- -- --
10/04/2019 10/04/19 For Sale $158,000 -- $35 / 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 $787 $8,921 $2,981 $5,940
2023 $811 $8,921 $2,981 $5,940
2022 $595 $8,921 $2,981 $5,940
2021 $596 $8,921 $2,981 $5,940
2020 $596 $8,718 $0 $0
2017 $574 $8,981 $2,481 $6,500
2016 $6 $8,981 $2,981 $6,000
2014 $811 $9,460 $2,981 $6,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 19009990

REALTOR® Association of Acadiana

APN: 0504634993