NOT LISTED FOR SALE

2220 Olive St Alexandria, LA 71301

Estimated Value: $62,000 - $90,000

3 Beds
1 Bath
1,232 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 24, 2018

Current estimated payment $408/month

27 Days on Market

About This Home

As of August 2018

INVESTMENT PACKAGE!!! 8 properties with a total of 16 units. 15 of the units are currently rented and 1 unit (1824 Monroe) needs work. Properties currently bring in $7,270 per month.

Last Agent to Sell the Property

David Moses

RITCHIE REAL ESTATE License #GCLRA:0000072781 Listed on: 05/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $330

Lot Details

  • 2

Home Design

  • 1,232 Sq Ft Home
  • Raised Foundation
  • Frame Construction
  • Shingle Roof

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Community Details

  • 16 Units
  • Various Subdivision

Listing and Financial Details

  • Assessor Parcel Number See Attachments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$330

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Commercial/Residential Combo
  • Legal Description: See Attachments
  • Total Area: 1400
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1232

Exterior Features

  • Exterior: Frame
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Gas Paid By: Tenant
  • Heating: Central, Gas
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Lot Info

  • Lot Size: See Attachments
  • Parcel #: See Attachments

Rental Info

  • Electricity Paid By: Tenant
  • Water Paid By: Tenant

Multi Family

  • Total Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Hornsby Property Management Llc
Bought by
Fred Jacobs Llc
Current Estimated Value
$72,450

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jul 12, 2016
Sold by
Durham Beth
Bought by
S & K Development Prop Llc
Seller's Agent
Michael Reed
LATTER AND BLUM Central Realty LLC
List Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$32,500
Interest Rate
3.54%
Mortgage Type
Commercial
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
Fred Jacobs Llc $73,500 None Available
S & K Development Prop Llc $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner S & K Development Prop Llc $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2018 08/24/18 Sold -- -- --
06/19/2018 06/19/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $329,000 +722.5% $267 / Sq Ft
07/12/2016 07/12/16 Sold -- -- -- View Prior Sale
06/08/2016 06/08/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $40,000 -- $32 / Sq Ft
Source: Greater Central Louisiana REALTORS® Association

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 $330 $3,600 $600 $3,000
2023 $333 $3,600 $600 $3,000
2022 $425 $3,600 $600 $3,000
2021 $366 $3,600 $600 $3,000
2020 $315 $3,100 $600 $2,500
2019 $239 $3,100 $600 $2,500
2018 $265 $3,100 $600 $2,500
2017 $267 $3,100 $600 $2,500
2016 $689 $6,200 $600 $5,600
2015 $682 $6,159 $562 $5,597
2014 $684 $6,159 $562 $5,597
2013 $655 $6,159 $562 $5,597
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Moses

    RITCHIE REAL ESTATE

    (318) 308-2044

    103 Total Sales

    David Moses
    Section Image

  • M

    Seller's Agent in 2016

    Michael Reed

    LATTER AND BLUM Central Realty LLC

    (318) 229-9791

    45 Total Sales

    Michael Reed
    Section Image
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Map

Source: Greater Central Louisiana REALTORS® Association

MLS Number: 147001

Greater Central Louisiana REALTORS® Association

APN: 24-036-07590-0042

Louisiana Rapides Parish Alexandria 71301

2220 Olive St, Alexandria, LA

This home is located at 2220 Olive St, Alexandria, LA 71301 since 23 May 2018 and is currently estimated at $72,450, approximately $58 per square foot. 2220 Olive St is a home located in Rapides Parish with nearby schools including D.F. Huddle Elementary School, Alexandria Middle Magnet School, and Bolton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Central Louisiana REALTORS® Association IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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