NOT LISTED FOR SALE

Estimated Value: $109,000 - $114,000

8 Beds
8 Baths
3,800 Sq Ft
$29/Sq Ft Est. Value

Last Sold January 10, 2024

Current estimated payment $799/month

9 Days on Market

Highlights

  • Walk-In Closet
  • Level Lot
  • Wood Siding
  • Central Heating and Cooling System

About This Home

As of January 2024

Great INVESTMENT PROPERTY that is FULLY-OCCUPIED! Get started in the investment game or add to your portfolio with this 4-plex. The location is close enough to Lafayette but also out of the way. Start making some passive income!

Last Agent to Sell the Property

Carl Johnson

BHGRE Rhodes Realty Listed on: 10/02/2023

Last Buyer's Agent

Anthony Boswell

EXP Realty, LLC License #995713819

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $930

Lot Details

  • Lot Dimensions are 73.99 x 78 x 65 x 101.83
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • 3,800 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Lot

Schools

  • C S Burke Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,300
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, sewer, water
  • The owner pays for trash collection
  • Tax Lot 18

Community Details

Overview

  • 4 Units
  • Pontalba Place Subdivision

Building Details

  • 4 Leased Units
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$930

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 73.99 x 78 x 65 x 101.83
  • Subdivision Name: Pontalba Place
  • Directions: Congress towards Duson, Turn left on Colorado, then right onto Marigny for 220
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Range, Refrigerator
  • Other Equipment: Individual Meter
  • Owner Pays: Trash Collection
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Interior Amenities: Walk-In Closet(s), Unit 1(Eat-in Kitchen,Walk-in Closet), Unit 2(Eat-in Kitchen,Walk-in Closet), Unit 3(Eat-in Kitchen,Walk-in Closet), Unit 4(Eat-in Kitchen,Walk-in Closet)
  • Living Area: 3800

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Foundation Details: Slab
  • Property Condition: 41 - 50 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Lot
  • Total Parking Spaces: 8

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Elementary School: C S Burke
  • High School: Acadiana
  • Middle Or Junior School: Judice

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27600
  • Number Of Units Leased: 4
  • Total Actual Rent: 2300

Tax Info

  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Jan 9, 2024
Sold by
E & K Jones Investment-A Llc
Bought by
Demouchet Andrea Jeanine
Seller's Agent
Carl Johnson
BHGRE Rhodes Realty
Buyer's Agent
Anthony Boswell
EXP Realty, LLC
List Price
$145,000
Sold Price
$105,000
Premium/Discount to List
-$40,000
-27.59%
Views
55
Current Estimated Value
$111,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,500
Avg. Annual Appreciation
4.26%
Original Mortgage
$99,750
Outstanding Balance
$98,439
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$13,061

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 7, 2022
Sold by
Sozo Properties Llc
Bought by
E & K Jones Investments-A Llc
Seller's Agent
Jennifer Kenney
Dream Home Realty, LLC
Buyer's Agent
Carl Johnson
Rhodes Realty, LLC
List Price
$330,000
Sold Price
$96,000
Premium/Discount to List
-$234,000
-70.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 12, 2018
Sold by
Smith & Associates Rental Properties Llc
Bought by
Sozo Properties Llc
Seller's Agent
Eloise Gauthier
Gauthier Real Estate, Inc.
Buyer's Agent
Emily Nealy
Latter & Blum
List Price
$88,900
Sold Price
$89,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$137,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Demouchet Andrea Jeanine $105,000 None Listed On Document
E & K Jones Investments-A Llc $288,000 Legacy Title
Sozo Properties Llc $89,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demouchet Andrea Jeanine $99,750
Previous Owner Sozo Properties Llc $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold -- -- --
10/12/2023 10/12/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $145,000 -56.1% $38 / Sq Ft
04/07/2022 04/07/22 Sold -- -- --
02/26/2022 02/26/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $330,000 +271.2% $87 / Sq Ft
07/12/2018 07/12/18 Sold -- -- --
05/11/2018 05/11/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $88,900 -- $33 / 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 $930 $10,537 $547 $9,990
2023 $930 $7,947 $547 $7,400
2022 $700 $7,947 $547 $7,400
2021 $703 $7,947 $547 $7,400
2020 $702 $7,947 $547 $7,400
2019 $667 $7,947 $547 $7,400
2018 $682 $7,947 $547 $7,400
2017 $681 $7,947 $547 $7,400
2015 $675 $7,900 $500 $7,400
2013 -- $7,900 $500 $7,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 23008931

REALTOR® Association of Acadiana

APN: 6065620