NOT LISTED FOR SALE

Estimated Value: $312,000 - $368,000

10 Beds
4 Baths
3,600 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 06, 2023

Current estimated payment $2,170/month

75 Days on Market

Highlights

  • Porch
  • Central Heating and Cooling System
  • Wood Fence
  • Ceramic Tile Flooring

About This Home

As of April 2023

This property needs NO renovation. All renovations have been done. It currently generate $3,600 a month in revenue. It features 4 spacious 1 bed, 1 baths and 2 studio units. All units have been completely rehabbed and are like a 3 year old. Great investment opportunity just outside the North Gate of LSU. A new roof was installed in 2019 and all new windows were also installation by Relief Windows. Flood insurance is required and the current policy is $1,300 a year.

Last Agent to Sell the Property

CeeGee Hilton

CeeGee Realty LLC License #0000034640 Listed on: 01/12/2023

Last Buyer's Agent

Meladine Bonton

New Investors Inc License #0000035994

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,770

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Wood Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Electric Cooktop

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • Porch
  • Mineral Rights
  • Central Heating and Cooling System

Community Details

Overview

  • South Baton Rouge Subdivision

Building Details

  • Other Expense $100
  • New Taxes Expense $1,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,770

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apt Complex (5+ Units)
  • Number Stories: 2
  • Legal Description: Ward 1-3, Lot:24, Square:100, Subdiv: South Baton Rouge. Legal Description: W. 1/2 OF LOT 22 SQ. 100, SOUTH BATON ROUGE
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Vinyl:Tile Floor
  • Equipment: Smoke Detector
  • Kitchen Features: Cooktop: Electric, Range/Oven, Refrigerator
  • Estimated Total Sq Ft: 3600
  • List Price T Sq Ft: 108.305555
  • Price Per Sq Ft: 101.39
  • Source Sq Ft: APPROXIMATE

Exterior Features

  • Exterior: Porch
  • Foundation: Slab:Traditional Found
  • Roof: Architec. Shingle Roof, Asphalt Comp Shingle Roof
  • Siding: Brick Siding

Garage/Parking

  • Parking: Assigned/Reserved Park
  • Tot Park Spcs: 8

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 6

Lot Info

  • Lot Number: 24
  • Acres: 0.15
  • Estimated Age: 51-75 Years
  • Fencing: Wood Fence
  • Lot Dimensions: 60 x 100
  • Mineral Rights: CONVEYED

Rental Info

  • Owner Pays: Sewer, Trash, Water
  • Tenant Pays: Broadband Internet, Cable/Sat TV, Electric, Gas

Multi Family

  • Heat Units: 6
  • Indiv Metered: Yes
  • Units: 6

Tax Info

  • Tax Expense: 1800

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Ranias Realty Llc
Bought by
Rbc 2677 Nicholson Llc
Current Estimated Value
$351,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,574,724
Outstanding Balance
$2,545,700
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$2,194,531

Purchase Details

Listed on
Jan 12, 2023
Closed on
Apr 6, 2023
Sold by
Cowart Lavake
Bought by
Rti Global Llc
Seller's Agent
CeeGee Hilton
CeeGee Realty LLC
Buyer's Agent
Meladine Bonton
New Investors Inc
List Price
$389,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.50%

Purchase Details

Listed on
Dec 5, 2018
Closed on
Mar 6, 2019
Sold by
5812 Investments Llc
Bought by
Cowart Lavake
Seller's Agent
Adam Pitts
Ascend Real Estate Group
Buyer's Agent
UNREPRESENTED NONLICENSEE
UNREPRESENTED NONLICENSEE
List Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.24%

Purchase Details

Closed on
Oct 15, 2018
Sold by
West Chimes Place Llc
Bought by
5812 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2012
Sold by
Macwcp Ii Llc
Bought by
West Chimes Place Llc
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
Rbc 2677 Nicholson Llc $1,247,506 None Listed On Document
Rbc 2677 Nicholson Llc $1,247,506 None Listed On Document
Rti Global Llc $365,000 --
Cowart Lavake $100,000 Cypress Title Llc
5812 Investments Llc $136,000 Cypress Title Llc
West Chimes Place Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rbc 2677 Nicholson Llc $2,574,724
Closed Rbc 2677 Nicholson Llc $2,574,724
Previous Owner 5812 Investments Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold -- -- --
03/28/2023 03/28/23 Pending -- -- --
02/22/2023 02/22/23 For Rent -- -- --
01/12/2023 01/12/23 For Sale $389,900 +289.9% $108 / Sq Ft
03/06/2019 03/06/19 Sold -- -- -- View Prior Sale
02/26/2019 02/26/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $100,000 -9.1% $28 / Sq Ft
02/18/2019 02/18/19 For Sale $110,000 0.0% $31 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
12/16/2018 12/16/18 For Sale $110,000 0.0% $31 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $110,000 -- $31 / Sq Ft
Source: Greater Baton Rouge 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 $3,770 $31,250 $3,870 $27,380
2023 $3,770 $15,070 $550 $14,520
2022 $1,853 $15,070 $550 $14,520
2021 $1,811 $15,070 $550 $14,520
2020 $1,811 $15,070 $550 $14,520
2019 -- $13,700 $500 $13,200
2018 -- $13,700 $500 $13,200
2017 -- $13,700 $500 $13,200
2016 -- $9,080 $500 $8,580
2015 -- $13,300 $500 $12,800
2014 -- $13,300 $500 $12,800
2013 -- $13,300 $500 $12,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2023000637

Greater Baton Rouge Association of REALTORS®

APN: 00653136