NOT LISTED FOR SALE

Estimated Value: $262,000 - $489,000

8 Beds
4 Baths
3,211 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 15, 2023

Current estimated payment $2,587/month

12 Days on Market

Highlights

  • Porch
  • 4-minute walk to St Charles And 3Rd Street
  • Rectangular Lot
  • Central Heating and Cooling System
  • Property is in very good condition
  • Historic Home

About This Home

As of February 2023

Here is an incredible opportunity to acquire a moneymaking triplex that's just three blocks off St Charles Avenue. In a thriving area with several renovated properties nearby, this property offers excellent short or long-term rental earning potential with two units that are two bed, one bath and one unit with four beds and two baths, one of which is ensuite. All units have washers and dryers, central air and heat and renovated kitchens and baths. Total in place rents are $3,945 a month. X flood zone.

Last Agent to Sell the Property

Alex Peet

Wurth Real Estate Services License #995688338 Listed on: 12/28/2022

Last Buyer's Agent

Jewel bakewell

Crown Jewel Realty LLC License #995695393

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,612

Year Built

  • 1940

Lot Details

  • Lot Dimensions are 32 x 120
  • Rectangular Lot
  • Historic Home
  • Property is in very good condition

Home Design

  • Triplex
  • Raised Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 3,211 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Porch
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701132613DryadesST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,612

Year Built

1940

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 32 x 120
  • Architectural Style: Other, Historic/Antique
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 85
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1940

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3211.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701132613DryadesST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 22, 2018
Sold by
Martin Ahmed A
Bought by
Daher Thomas Joseph
Seller's Agent
Tamico Casey
Keyhole Brokerage, LLC
Buyer's Agent
Alex Peet
Wurth Real Estate Services
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Total Days on Market
12
Current Estimated Value
$408,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,766
Avg. Annual Appreciation
4.91%
Original Mortgage
$221,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2010
Sold by
Mcmillian Candice
Bought by
Martin Ahmed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,552
Interest Rate
6.1%
Mortgage Type
FHA
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
Daher Thomas Joseph $295,000 Title Stream Llc
Martin Ahmed A $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Litouri $446,758
Closed Daher Thomas Joseph $221,250
Previous Owner Martin Ahmed A $219,552
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold -- -- --
01/09/2023 01/09/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $460,000 0.0% $143 / Sq Ft
04/07/2022 04/07/22 For Rent $1,250 0.0% --
04/07/2022 04/07/22 Rented $1,250 +14.2% --
02/18/2019 02/18/19 Rented $1,095 -8.8% --
01/19/2019 01/19/19 Under Contract -- -- --
09/21/2018 09/21/18 For Rent $1,200 0.0% --
08/22/2018 08/22/18 Sold -- -- --
07/23/2018 07/23/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $325,000 0.0% $113 / Sq Ft
07/12/2012 07/12/12 Rented $850 -10.5% --
06/12/2012 06/12/12 Under Contract -- -- --
02/22/2012 02/22/12 For Rent $950 -- --
Source: ROAM MLS

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 $3,612 $41,860 $5,760 $36,100
2024 $4,124 $41,860 $5,760 $36,100
2023 $3,575 $26,550 $3,840 $22,710
2022 $3,575 $25,410 $3,840 $21,570
2021 $3,822 $26,550 $3,840 $22,710
2020 $3,860 $26,550 $3,840 $22,710
2019 $2,896 $19,170 $1,920 $17,250
2018 $2,954 $19,170 $1,920 $17,250
2017 $2,820 $19,170 $1,920 $17,250
2016 $2,910 $19,170 $1,920 $17,250
2015 $2,850 $19,170 $1,920 $17,250
2014 -- $19,170 $1,920 $17,250
2013 -- $19,170 $1,920 $17,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2375360

APN: 4-12-2-024-12