$875,000
SOLD MAR 23, 2020
Last list price

2400 Cypress St Lake Charles, LA 70601

35 Beds
22 Baths
18,520 Sq Ft
1.37 Acres

Recently Sold

$47 Per Sq Ft

14 Days on Market

About This Home

As of November 2021

Spectacular investment opportunity! Seventeen units total. 1 - 3 bed/1 bath single family home, 1 - 2 bed / 1 bath single family townhome, 1 - 2 bed / 1.5 bath single family townhome, 10 - 2 bed / 1 bath flats, 4 - 2 bed / 1.5 bath townhomes make up this collection of investment properties. On site coin operated laundry facility. Flood Zone X. Centrally located. Lot size (beginning at 2400 Cypress): 198x346x147x171x48x170 (m/l) Parcels: 00910376, 00367885, 00474428, 00323985, 00474428A

Last Agent to Sell the Property

Larry Turner

CENTURY 21 Bessette Flavin License #4569

Last Buyer's Agent

Larry Turner

CENTURY 21 Bessette Flavin License #4569

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $395

Year Built

  • Built in 1982

Lot Details

  • 1.37 Acre Lot
  • Irregular Lot

Home Design

  • Cottage
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 18,520 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 35 Bedrooms

Parking

  • 17 Parking Spaces
  • Driveway

Schools

  • Barbe Elementary School
  • Oak Park Middle School
  • Lagrange High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 18,520 Sq Ft Building

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$395

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cottage
  • Registered: No
  • Age Description: More or Less
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 35
  • Full Bathrooms: 17
  • Half Bathrooms: 5
  • Total Bathrooms: 17
  • Square Footage: 18520.00
  • FireplaceYN: No
  • Square Footage: 18520.00
  • Price Per Square Foot: 37.80
  • Stories: 2

Exterior Features

  • Construction Materials: Brick
  • Foundation: Slab
  • Lot Features: Irregular Lot
  • Pool Features: None
  • Property Condition: Repairs Cosmetic
  • Roof: Metal, Shingle
  • Spa: No

Garage/Parking

  • Parking Features: Driveway
  • Total Parking Spaces: 17.00

Utilities

  • Electricity Provided By: Entergy
  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Barbe
  • Middle School: Oak Park
  • High School: LaGrange
  • Elementary School: Barbe
  • HighSchool: LaGrange
  • MiddleOrJuniorSchool: Oak Park

Lot Info

  • Lot Size Acres: 1.3700
  • Lot Size Searchable: 59677.20
  • Lot Size Sq Ft: 59677.20

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Unit Count: 17
  • Number of Units: 17

Tax Info

  • TaxLegalDescription: See attached parcel reports

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Perez Construction Inc
Bought by
2400 Cypress Llc
Total Days on Market
14
Current Estimated Value
$245,930

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 10, 2021
Sold by
Cypress Living Llc
Bought by
Perez Construction
Seller's Agent
Robbie Ingle
Coldwell Banker Ingle Safari Realty
Buyer's Agent
Quinnetta Senegal
Coldwell Banker Ingle Safari Realty
List Price
$415,000
Sold Price
$350,000
Premium/Discount to List
-$65,000
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.46%

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 9, 2021
Sold by
Cypress Living Llc
Bought by
Perez Construction Inc
Seller's Agent
Robbie Ingle
Coldwell Banker Ingle Safari Realty
Buyer's Agent
Quinnetta Senegal
Coldwell Banker Ingle Safari Realty
List Price
$415,000
Sold Price
$350,000
Premium/Discount to List
-$65,000
-15.66%

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 19, 2020
Sold by
Clayton & Donna Llc
Bought by
Cypress Living Llc
Seller's Agent
Larry Turner
CENTURY 21 Bessette Flavin
Buyer's Agent
Larry Turner
CENTURY 21 Bessette Flavin
List Price
$875,000
Sold Price
$700,000
Premium/Discount to List
-$175,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.64%
Original Mortgage
$595,000
Interest Rate
3.4%
Mortgage Type
Commercial

Map

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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Deed $350,000 None Listed On Document
Cash Sale Deed $350,000 None Available
Cash Sale Deed $700,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $595,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold -- -- --
10/31/2021 10/31/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $415,000 -52.6% --
03/23/2020 03/23/20 Sold -- -- --
02/06/2020 02/06/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $875,000 -- $47 / Sq Ft
Source: Greater Southern MLS

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 $395 $4,120 $1,620 $2,500
2023 $395 $4,120 $1,620 $2,500
2022 $398 $4,120 $1,620 $2,500
2021 $345 $4,120 $1,620 $2,500
2020 $367 $3,810 $1,560 $2,250
2019 $386 $4,000 $1,500 $2,500
2018 $387 $4,000 $1,500 $2,500
2017 $390 $4,000 $1,500 $2,500
2016 $392 $4,000 $1,500 $2,500
2015 $394 $4,000 $1,500 $2,500
Source: Public Records

Source: Greater Southern MLS

MLS Number: 186219

Greater Southern MLS

APN: 00910376