NOT LISTED FOR SALE

2909 Addison St Baton Rouge, LA 70805

Mid City North Neighborhood

Estimated Value: $169,000 - $241,179

2 Beds
1 Bath
9,200 Sq Ft
$23/Sq Ft Est. Value

Last Sold May 01, 2015

Current estimated payment $1,324/month

87 Days on Market

Highlights

  • 0.28 Acre Lot
  • Central Heating and Cooling System
  • Level Lot
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of May 2015

9,200+/-sf apartment building consisting of 12 two bedroom one bath apartments. Six apartments on second floor were renovated in 2011 including new electrical, plumbing, A/C’s, tile floors, etc. Six apartments on first floor are still in need of renovation. Laundry room is currently used as storage. This property is an excellent opportunity for the value add investor. Contact listing agent for income and expenses.

Last Agent to Sell the Property

David Vercher

KW Commercial Baton Rouge License #0000070595 Listed on: 12/29/2014

KW Commercial Baton Rouge

Last Buyer's Agent

Raynell Williams

Bayou Board of REALTORS License #0000071491

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,894

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120
  • Partially Fenced Property
  • Level Lot

Home Design

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

Interior Spaces

  • 9,200 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Laminate Countertops

Parking

  • 24 Parking Spaces
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Mineral Rights
  • Central Heating and Cooling System

Community Details

  • David Place Subdivision

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,894

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apt Complex (5+ Units)
  • Number Stories: 2
  • Legal Description: Lots 16-A & 17-A David Place Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Interior: Electric Stove Con.
  • Kitchen Features: Counters Laminate
  • Estimated Total Sq Ft: 9200
  • List Price T Sq Ft: 17.391304
  • Price Per Sq Ft: 16.85
  • Source Sq Ft: APPRAISAL

Exterior Features

  • Exterior: Outside Light
  • Foundation: Slab:Traditional Found
  • Roof: Asphalt Comp Shingle Roof
  • Siding: Brick Siding

Garage/Parking

  • Parking: Parking Lot
  • Tot Park Spcs: 24

Utilities

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

Lot Info

  • Lot Number: 16-A & 17-A
  • Acres: 0.28
  • Estimated Age: 41-50 Years
  • Fencing: Partial Fence
  • Lot: Level Lot
  • Lot Dimensions: 100x120
  • Map Key: J
  • Map Page: 600
  • Mineral Rights: CONVEYED

Rental Info

  • Owner Pays: Sewer, Trash, Water
  • Tenant Pays: Electric

Multi Family

  • Heat Units: 6
  • Indiv Metered: Yes
  • Units: 12

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Caf Reo 2 Llc
Bought by
Caf Bridge Borrower Gs Llc
Current Estimated Value
$207,045

Purchase Details

Closed on
Oct 10, 2006
Sold by
Godfrey Daniel A
Bought by
Arrington Teresa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.46%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 20, 2006
Sold by
A Prime Properties
Bought by
Godfrey Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.22%
Mortgage Type
Construction
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
Caf Bridge Borrower Gs Llc -- None Listed On Document
Caf Bridge Borrower Gs Llc -- None Listed On Document
Arrington Teresa R $350,000 --
Godfrey Daniel A $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arrington Teresa R $280,000
Previous Owner Godfrey Daniel A $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2015 05/01/15 Sold -- -- --
03/26/2015 03/26/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $199,000 -- $22 / 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 $2,894 $24,707 $1,848 $22,859
2023 $2,894 $22,060 $1,650 $20,410
2022 $2,634 $22,060 $1,650 $20,410
2021 $2,574 $22,060 $1,650 $20,410
2020 $2,557 $22,060 $1,650 $20,410
2019 $2,428 $20,050 $1,500 $18,550
2018 $2,398 $20,050 $1,500 $18,550
2017 $2,398 $20,050 $1,500 $18,550
2016 $2,339 $20,050 $1,500 $18,550
2015 $2,276 $19,500 $1,500 $18,000
2014 $2,268 $19,500 $1,500 $18,000
2013 -- $19,500 $1,500 $18,000
Source: Public Records

Agents Affiliated with this Home

  • David Vercher

    Seller's Agent in 2015

    David Vercher

    KW Commercial Baton Rouge

    (225) 768-1814

    72 Total Sales

    David Vercher
    Section Image

  • R

    Buyer's Agent in 2015

    Raynell Williams

    Bayou Board of REALTORS

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2015000061

Greater Baton Rouge Association of REALTORS®

APN: 00472077

Louisiana E Baton Rouge Parish Baton Rouge 70805 Mid City North

2909 Addison St, Baton Rouge, LA

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