NOT LISTED FOR SALE

Estimated Value: $272,000 - $416,000

9 Beds
3 Baths
4,397 Sq Ft
$73/Sq Ft Est. Value

Last Sold November 29, 2023

Current estimated payment $2,171/month

6 Days on Market

Highlights

  • Corner Lot
  • Courtyard
  • ENERGY STAR Qualified Water Heater
  • Porch
  • Central Heating and Cooling System
  • Property is in very good condition

About This Home

As of November 2023

A great property in a prime location that offers incredible cash flow opportunities. With 3 units already generating $2,780 per month, and the potential to finish the 4th unit currently framed out to generate more! Located blocks from Bayou Rd, the Fairgrounds, and N Broad the location cannot be beat. Each unit has Central HVAC, large kitchens and bedrooms, washer and dryer hookups, and lots of natural light. The backyard is concreted and can be used as parking for up to 4 cars or a courtyard either way it cuts down on lawn maintenance costs. Separate meters. X Flood zone. Don’t miss this one!

Last Agent to Sell the Property

William King

Satsuma Real Estate LLC License #NOM:995688927 Listed on: 10/02/2023

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER License #NOM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,009

Lot Details

  • 3,672 Sq Ft Lot
  • Lot Dimensions are 34 x 108
  • Fenced
  • Corner Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Updated or Remodeled
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,397 Sq Ft Home
  • Property has 2 Levels

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Courtyard
  • Porch

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • ENERGY STAR Qualified Water Heater
  • Internet Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 37W205009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,009

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 3 Plex
  • Style: Other
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 1186 LOT 11 LAPEYROUSE AND N TONTI 34 X 108 2/ST W/FR TRIPLEX 24/RM S/R; 2234-36 LAPEYROUSE ST. 2236 LAPEYROUSE, APTS. A&B
  • Lp Amt Sq Ft: 67.09
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 2
  • Age: 100
  • Age Description: Resale
  • Age Description 2: Remodeled structural changes - all major mechanical systems i.e. HVAC, Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4397
  • Total Sq Ft: 4397

Exterior Features

  • Pool Type: None
  • Exterior: Cinder Block, Wood Siding
  • ExteriorFeatures: Courtyard, Fence, Porch
  • Foundation: Slab
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Car Storage: Two, Driveway Only
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Acres: 0.0843
  • Elevation Certificate: No
  • Lot Description: Corner, Regular
  • Lot Num: 11
  • Lot Size: 34 x 108
  • Parcel #: 37W205009

Green Features

  • Energy Efficient Features: Water Heater
  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 6
  • Total Full Baths All Units: 3
  • Total Rent All Units: 2782
  • Total Units: 3
  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2017
Sold by
Grigst Arlette and Smith Gregory Joel
Bought by
The Smith Revocable Declaration Of Trust
Current Estimated Value
$335,667

Purchase Details

Listed on
Sep 10, 2015
Closed on
Oct 26, 2015
Sold by
2234 Lapeyrouse Llc
Bought by
Grigst Smith Gregory Joel and Grigst Smith Arlette
Seller's Agent
Harold Cade
United Real Estate Partners LLC
Buyer's Agent
Andy Severino
SEVERINO REAL ESTATE,LLC
List Price
$244,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$175,185
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2007
Sold by
Cloutier Milton A
Bought by
Mckenna Stanton M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
6.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 2, 2005
Sold by
Bank Of New York
Bought by
Colutier Milton A
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
The Smith Revocable Declaration Of Trust $175,185 None Available
Grigst Smith Gregory Joel $233,580 None Available
Mckenna Stanton M $105,000 --
Colutier Milton A $100,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shuler Monique $288,750
Previous Owner Grigst Smith Gregory Joel $175,185
Previous Owner Mckenna Stanton M $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold -- -- --
10/08/2023 10/08/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $295,000 +20.5% $67 / Sq Ft
10/26/2015 10/26/15 Sold -- -- --
09/26/2015 09/26/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $244,900 -- $56 / Sq Ft
Source: Gulf South Real Estate Information Network

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
2025 $4,009 $30,370 $4,410 $25,960
2024 $4,069 $30,370 $4,410 $25,960
2023 $3,129 $23,220 $3,670 $19,550
2022 $3,129 $22,240 $3,670 $18,570
2021 $3,343 $23,220 $3,670 $19,550
2020 $3,376 $23,220 $3,670 $19,550
2019 $3,176 $21,020 $1,470 $19,550
2018 $3,239 $21,020 $1,470 $19,550
2017 $2,651 $18,020 $1,470 $16,550
2016 $2,735 $18,020 $1,470 $16,550
2015 $1,405 $9,450 $730 $8,720
2014 -- $9,450 $730 $8,720
2013 -- $9,450 $730 $8,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Gulf South Real Estate Information Network

MLS Number: 2416237

Gulf South Real Estate Information Network

APN: 3-7W-2-050-09