NOT LISTED FOR SALE

2610 NE Evangeline Throughway Lafayette, LA 70501

Evangeline Neighborhood

Estimated Value: $382,000 - $470,000

4 Beds
4 Baths
8,000 Sq Ft
$54/Sq Ft Est. Value

Last Sold April 24, 2019

Current estimated payment $2,727/month

3 Days on Market

Highlights

  • 0.29 Acre Lot
  • Storage
  • Central Air
  • Eat-In Kitchen
  • Shed
  • Washer and Dryer

About This Home

As of April 2019

8 unit apartment complex with great visibility from I-10 and I-49. Located on Evangeline Thruway service road and across the street from a private Catholic school, St. Leo Elementary. Owner has renovated 6 of the 8 units and is currently 100% occupied. 5 units have new ac's and one of the building has a new roof. The two unrenovated units are occupied by long term tenants. Currently receiving $4675/m rental income. Townhouse style apartments with kitchen, living, dining room and half bath downstairs and two large bedrooms with full bath upstairs. Do not disturb tenants. No showings until accepted offer is received subject to initial walk thru. Owner Agent

Last Agent to Sell the Property

AJ Francis

Keller Williams Realty Acadiana License #0995688666 Listed on: 04/11/2019

Last Buyer's Agent

Sharon Lopresto

Sharon Lopresto Appraisal Services License #5745

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,030

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 130'' x 98''

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 8,000 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Storage
  • Washer and Dryer
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 14 Parking Spaces
  • Parking Lot

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

  • J W Faulk Elementary School
  • Paul Breaux Middle School
  • Northside High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable/sat TV, electricity
  • The owner pays for trash collection, water
  • Tax Lot 12

Community Details

Overview

  • 8 Units
  • Presley Heights Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $255
  • New Taxes Expense $157
  • Gross Income $56,100
  • Net Operating Income $3,777

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,030

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2925
  • Lot Size: 130'' x 98''
  • CapRate: 0.012591
  • Subdivision Name: Presley Heights
  • Directions: North on Evangeline Thruway, exit right at La Quinta Inn and follow service Rd North. Property is on the right before hard curve. Around corner from St Leo Elementary
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 1(Other)
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Refrigerator, Electric Cooktop, Washer/Dryer Some
  • Other Equipment: Individual Meter
  • Owner Pays: Trash Collection, Water
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other
  • Interior Amenities: Storage, Unit 1(Eat-in Kitchen), Unit 2(Eat-in Kitchen)
  • Window Features: Window Treatments

Exterior Features

  • Construction Type: Frame, Brick Veneer
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Other Structures: Shed(s), Storage
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Lot
  • Total Parking Spaces: 14

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

Schools

  • Elementary School: J W Faulk
  • High School: Northside
  • Middle Or Junior School: Paul Breaux Middle

Lot Info

  • Lot Size Sq Ft: 12740
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable/Sat TV, Electricity

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 56100
  • Insurance Expense: 255
  • Property Net Operating Income: 3777.42
  • Number Of Units Leased: 2

Tax Info

  • New Taxes Expense: 156.58
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2023
Sold by
Mad Investments Inc
Bought by
Platinum Resources Llc
Current Estimated Value
$429,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,428
Outstanding Balance
$239,148
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$190,149

Purchase Details

Listed on
Apr 11, 2019
Closed on
Apr 23, 2019
Sold by
Lb Property Management Llc
Bought by
Mad Investments Inc
Seller's Agent
AJ Francis
Keller Williams Realty Acadiana
Buyer's Agent
Sharon Lopresto
Sharon Lopresto Appraisal Services
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 12, 2018
Sold by
Magnolia Villas Of Lafayette Llc
Bought by
Lb Property Management Llc
Seller's Agent
Phil Devey
Frontline Real Estate Group
Buyer's Agent
Philip Devey
Coldwell Banker Pelican R.E.
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.61%
Original Mortgage
$1,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2017
Closed on
Sep 15, 2017
Sold by
Tippet Llc
Bought by
Magnolia Villas Of Lafayette Llc
Seller's Agent
Phil Devey
Frontline Real Estate Group
Buyer's Agent
Barry Fabacher
PRUDENTIAL SATURN, REALTORS
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Listed on
Dec 23, 2013
Closed on
Apr 29, 2014
Sold by
C Tim Go Llc
Bought by
Tippet Llc
Seller's Agent
Tim Gossen
Coldwell Banker Pelican E.L.
Buyer's Agent
Philip Devey
Coldwell Banker Pelican R.E.
List Price
$330,000
Sold Price
$220,000
Premium/Discount to List
-$110,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$236,151
Interest Rate
4.46%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Platinum Resources Llc $430,000 None Listed On Document
Mad Investments Inc $300,000 Wfg National Title
Lb Property Management Llc $305,000 Commonwealth Land Title
Magnolia Villas Of Lafayette Llc $2,800,000 None Available
Tippet Llc $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platinum Resources Llc $430,428
Previous Owner Lb Property Management Llc $1,000
Previous Owner Tippet Llc $236,151
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold -- -- --
04/15/2019 04/15/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $330,000 +1.5% $41 / Sq Ft
12/18/2018 12/18/18 Sold -- -- --
11/15/2018 11/15/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $325,000 +8.4% $41 / Sq Ft
09/15/2017 09/15/17 Sold -- -- --
08/09/2017 08/09/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $299,900 -9.1% $37 / Sq Ft
04/29/2014 04/29/14 Sold -- -- --
04/04/2014 04/04/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $330,000 -- $41 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $4,030 $38,309 $3,470 $34,839
2023 $4,030 $24,699 $3,470 $21,229
2022 $2,584 $24,699 $3,470 $21,229
2021 $2,593 $24,699 $3,470 $21,229
2020 $2,584 $24,699 $3,470 $21,229
2019 $2,036 $24,699 $3,470 $21,229
2018 $2,011 $19,709 $3,470 $16,239
2017 $2,009 $19,709 $3,470 $16,239
2015 $1,982 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    AJ Francis

    Keller Williams Realty Acadiana

  • S

    Buyer's Agent in 2019

    Sharon Lopresto

    Sharon Lopresto Appraisal Services

    (337) 501-9033

    1 in this area

    10 Total Sales

    Sharon Lopresto
    Section Image
  • Phil Devey

    Seller's Agent in 2018

    Phil Devey

    Frontline Real Estate Group

    (337) 258-3382

    15 Total Sales

    Phil Devey
    Section Image

  • P

    Buyer's Agent in 2018

    Philip Devey

    Coldwell Banker Pelican R.E.

  • B

    Buyer's Agent in 2017

    Barry Fabacher

    PRUDENTIAL SATURN, REALTORS

  • T

    Seller's Agent in 2014

    Tim Gossen

    Coldwell Banker Pelican E.L.

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 19003749

REALTOR® Association of Acadiana

APN: 6153776

Louisiana Lafayette Parish Lafayette 70501 Evangeline

2610 NE Evangeline Throughway, Lafayette, LA

This home is located at 2610 NE Evangeline Throughway, Lafayette, LA 70501 since 11 April 2019 and is currently estimated at $429,297, approximately $53 per square foot. 2610 NE Evangeline Throughway is a home located in Lafayette Parish with nearby schools including Evangeline Elementary School, Acadian Middle School, and Northside 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.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate.

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