NOT LISTED FOR SALE

Estimated Value: $64,000 - $141,000

-- Bed
-- Bath
4,375 Sq Ft
$26/Sq Ft Est. Value

Last Sold January 18, 2019

Current estimated payment $674/month

55 Days on Market

Highlights

  • 0.45 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property
  • Lafayette High School Rated A-
  • Wood Siding

About This Home

As of January 2019

This investment consists of 3 income producing rental properties with a 900sqft storage warehouse. Located in a developing neighborhood within walking distance to downtown. Instant passive income and the opportunity to benefit from the surrounding growth of downtown development. 219 S Pierce is a 1420sqft commercial building leased to a Church paying $525/month. 217 S. Pierce is a 1050sqft residential 3bed/1bath with section 8 tenant paying $750/m. 215 S.Pierce is a residential 3bed/1bath with tenant paying $700/m. 213 S.Pierce is a 900sqft storage warehouse currently used by owner for storage. Property is zoned MN-1 (Neighborhood Mixed Use) and has value for future development. Owner/Broker. Please do not disturb tenants. No showings until agreed upon offer subject to walk thru.

Last Agent to Sell the Property

Phil Devey

Frontline Real Estate Group License #995689144 Listed on: 10/17/2018

Last Buyer's Agent

Molli Rodriguez

Keller Williams Realty Acadiana License #0995687819

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $631

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 150 x 130

Parking

  • 12 Parking Spaces

Home Design

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

Interior Spaces

  • 4,375 Sq Ft Home
  • 1-Story Property

Schools

  • Montgomery Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 8,9,10,11,12

Community Details

Overview

  • 3 Units
  • Hopkins Addition Subdivision

Building Details

  • Insurance Expense $1,722
  • New Taxes Expense $1,147
  • Gross Income $23,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$631

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4477
  • Lot Size: 150 x 130
  • Subdivision Name: Hopkins Addition
  • Directions: from University turn on Congress heading downtown, take a left on Pierce
  • New Construction: No
  • Building Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 41 - 50 Years
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 12

Utilities

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

Schools

  • Elementary School: Montgomery
  • High School: Lafayette
  • Middle Or Junior School: Lafayette

Lot Info

  • Lot Size Sq Ft: 19500
  • Zoning: MN-1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 23700
  • Insurance Expense: 1722

Tax Info

  • New Taxes Expense: 1147
  • Tax Lot: 8,9,10,11,12

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold -- -- --
12/12/2018 12/12/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $175,000 -- $40 / 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 $631 $6,000 $750 $5,250
2023 $631 $5,750 $750 $5,000
2022 $602 $5,750 $750 $5,000
2021 $604 $5,750 $750 $5,000
2020 $602 $5,750 $750 $5,000
2019 $474 $5,750 $750 $5,000
2018 $587 $5,750 $750 $5,000
2017 $586 $5,750 $750 $5,000
2015 $585 $5,750 $750 $5,000
2013 -- $5,750 $750 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 18010811

REALTOR® Association of Acadiana

APN: 6057628