NOT LISTED FOR SALE

Estimated Value: $205,000 - $365,000

12 Beds
4 Baths
3,120 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 25, 2019

Current estimated payment $1,633/month

116 Days on Market

Highlights

  • Porch
  • ENERGY STAR Qualified Appliances
  • Window Unit Heating System
  • Window Unit Cooling System

About This Home

As of September 2019

Investor ready 4-plex that is always fully rented. The property has 4 water meters and 4 gas meters, no need to cover utilities. It needs TLC but it would be a cash cow when finished! The shotgun floorplan in each; kitchens and bathrooms in the rear and 3 rooms in the front. The tenants have converted the living rooms of each into 3rd bedrooms. Structural repairs were just completed to the bathrooms in 3 units and they are ready for you to put your finishing touches on. Schedule your showing today!

Last Agent to Sell the Property

William King

Satsuma Real Estate LLC License #995688927 Listed on: 05/01/2019

Last Buyer's Agent

William King

Satsuma Real Estate LLC License #995688927 Listed on: 05/01/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,329

Lot Details

  • Lot Dimensions are 29 x 91
  • Irregular Lot
  • Property is in average condition

Parking

  • 2 Parking Spaces

Home Design

  • Quadruplex
  • Updated or Remodeled
  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,120 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Additional Features

  • ENERGY STAR Qualified Appliances
  • Porch
  • City Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 20
  • Assessor Parcel Number 701132800PhilipST20

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,329

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 29 x 91
  • Directions: Claiborne to First St, left on Clara, directly on the corner of Clara and Philip.
  • Architectural Style: Other
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built Details: 999
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: ENERGY STAR Qualified Appliances
  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Living Area: 3120.0

Exterior Features

  • Lot Features: City Lot, Irregular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Porch
  • Foundation Details: Raised, Slab
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition, Updated/Remodeled, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: None, Two Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701132800PhilipST20
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Sep 23, 2019
Sold by
Smith Harrison G
Bought by
Pham Hai Tuan
Seller's Agent
William King
Satsuma Real Estate LLC
Buyer's Agent
William King
Satsuma Real Estate LLC
List Price
$189,000
Current Estimated Value
$245,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$133,500
Outstanding Balance
$118,205
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$137,880

Purchase Details

Listed on
Jun 3, 2015
Closed on
Dec 23, 2015
Sold by
Williams Jessie B
Bought by
Smith Harrison G
Seller's Agent
Renarda Porter
Century 21 Investment Realty
Buyer's Agent
William King
Satsuma Real Estate LLC
List Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$112,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2015
Closed on
Dec 9, 2015
Sold by
Williams Lewis Judy T
Bought by
Williams Jessie B
Seller's Agent
Renarda Porter
Century 21 Investment Realty
Buyer's Agent
William King
Satsuma Real Estate LLC
List Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Pham Hai Tuan $178,000 Bayou Title Inc
Smith Harrison G $140,000 Bayou Title Inc
Williams Jessie B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Hai Tuan $133,500
Previous Owner Smith Harrison G $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2019 09/25/19 Sold -- -- --
08/26/2019 08/26/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $189,000 +5.1% $61 / Sq Ft
12/23/2015 12/23/15 Sold -- -- --
11/23/2015 11/23/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $179,900 -- $88 / Sq Ft
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 $3,329 $25,220 $2,640 $22,580
2024 $3,379 $25,220 $2,640 $22,580
2023 $2,270 $16,910 $1,320 $15,590
2022 $2,270 $16,130 $1,320 $14,810
2021 $2,434 $16,910 $1,320 $15,590
2020 $1,900 $13,070 $1,320 $11,750
2019 $1,904 $12,600 $1,320 $11,280
2018 $1,941 $12,600 $1,320 $11,280
2017 $1,854 $12,600 $1,320 $11,280
2016 $2,419 $15,940 $1,320 $14,620
2015 $2,370 $15,940 $1,320 $14,620
2014 -- $15,940 $1,320 $14,620
2013 -- $15,940 $1,320 $14,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2201553

APN: 4-12-3-059-17