NOT LISTED FOR SALE

2509 Oak Park Blvd Lake Charles, LA 70601

Estimated Value: $602,000 - $822,000

-- Bed
-- Bath
16,800 Sq Ft
$41/Sq Ft Est. Value

Last Sold December 15, 2021

Current estimated payment $4,207/month

103 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Bathtub with Shower
  • John F. Kennedy Elementary School Rated A-
  • Built-In Features
  • Tile Countertops

About This Home

As of December 2021

Apartment - Townhome property with 10 units in central Lake Charles. Situated on 1+ acre lot, this property offers 5 buildings housing (4) 2 Bedroom, 1.5 baths / (6) 3 Bedroom, 2.5 baths units. 5 units 80%-90% repaired. Other 3 units are currently rented. The 2 bedroom units are 1500 +/- sq ft and have a spacious living area; the 3 bedroom units are 1800 sq ft +/-. Washer dryer hookups, range, and refrigerators are furnished in units. 2 of the 3 bedroom units are gutted. 2 units are being repaired. Other 6 units are currently rented. Ample covered parking at alley access. Great opportunity to convert these to Corporate Housing or Airbnb. (See attached property brochure for more amenity details and property features.)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,148

Year Built

  • 1977

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 277 x 182
  • 1 Common Wall
  • Chain Link Fence
  • Landscaped
  • Front Yard

Home Design

  • Property Attached
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Built-In Features
  • Dry Bar
  • Ceiling Fan
  • Recessed Lighting

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Kitchen Island
  • Tile Countertops
  • Laminate Countertops

Parking

  • 16 Detached Carport Spaces
  • 4 Open Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • City Lot

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Oak Park 8 Subdivision

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 10 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,148

Year Built

1977

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Community Features: Sidewalks
  • Reso Fencing: Chain Link, Fenced
  • Lot Features: 6-10 Units/Acre, City Lot, Front Yard, Landscaped
  • LotSizeAcres: 1.16
  • Lot Size: 277 x 182
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Has HOA?: No
  • Co List Office Phone: 337-478-1578
  • Special Conditions: Standard
  • Subdivision Name: Oak Park 8
  • Directions: From Gerstner Memorial, turn W on Oak Park Blvd, property on North side, directly behind bank on corner
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Unit Levels: Two
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 750000.0
  • Special Features: VirtualTour
  • Year Built: 1977

Interior Features

  • Number Of Buildings: 5
  • Appliances: Free-Standing Range, Refrigerator
  • Fireplace Features: None
  • Interior Amenities: Built-in Features, Bathtub, Ceiling Fan(s), Dry Bar, Kitchen Island, Laminate Counters, Pantry, Remodeled, Recessed Lighting, Tile Counters, Tub Shower, Updated Kitchen
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Has Private Pool?: No
  • Common Walls: 1 Common Wall
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Property Condition: Repairs Cosmetic
  • Roof: Flat

Garage/Parking

  • Carport Spaces: 16.0
  • Has Carport?: Yes
  • Open Parking Spaces: 4.0
  • Has Open Parking?: Yes
  • Parking Features: Assigned, Concrete, Covered, Detached Carport, Private

Utilities

  • Green Building Features: Appliances
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50529.6
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 10
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Dec 15, 2021
Sold by
R & E Enterprises Of Lake Charles Llc
Bought by
Sterling-Walker Ent Llc
List Price
$950,000
Current Estimated Value
$683,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.32%

Purchase Details

Closed on
Jan 20, 2009
Sold by
Newman Charles Raleigh and Newman Barbara Ann
Bought by
Wiley Elizabeth Meaux

Purchase Details

Closed on
Nov 7, 2008
Sold by
Fontenot Eugene and Fontenot Thelma Rena
Bought by
Newman Raleigh and Newman Barbara Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sterling-Walker Ent Llc $750,000 None Listed On Document
Wiley Elizabeth Meaux $600,000 None Available
Newman Raleigh $600,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold -- -- --
11/23/2021 11/23/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $950,000 -- $57 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

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 $7,148 $73,740 $9,630 $64,110
2023 $7,148 $73,740 $9,630 $64,110
2022 $7,416 $73,740 $9,630 $64,110
2021 $3,993 $45,420 $9,630 $35,790
2020 $6,873 $66,940 $9,240 $57,700
2019 $7,653 $73,030 $8,920 $64,110
2018 $7,066 $73,030 $8,920 $64,110
2017 $7,112 $73,030 $8,920 $64,110
2016 $7,187 $73,030 $8,920 $64,110
2015 $7,187 $73,030 $8,920 $64,110
Source: Public Records

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL21007127

APN: 00497045