NOT LISTED FOR SALE

Estimated Value: $420,000 - $661,000

8 Beds
6.5 Baths
3,600 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 22, 2016

Current estimated payment $2,968/month

16 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Fenced
  • Balcony
  • Property is in excellent condition
  • 4-minute walk to Easton Park

About This Home

As of January 2016

This 4 plex was masterfully renovated in 2014 to include custom cabinetry, granite counter tops, and modern appliances. This is a fantastic investment opportunity. This property currently generates over $4000 in monthly rental income and has consistent occupancy. Close to the Lafitte Greenway, Whole Foods, City Park, and Bayou St. John, and in a vibrant neighborhood. This will be an excellent addition to your investment portfolio.

Last Buyer's Agent

Alison Barrios

Barrios Real Estate Group, Inc. License #995695451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,913

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 31 x 89
  • Fenced
  • Corner Lot
  • Property is in excellent condition

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • Balcony
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 701193000StAnnST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,913

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 31 x 89
  • Architectural Style: Other
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 2
  • Year Built: 2014
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Living Area: 3600.0

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Balcony, Fence
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street

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 #: 701193000StAnnST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2016
Sold by
G B Real Estate Llc A Limited Liability
Bought by
Breen Mary Ann and Grice James L
Current Estimated Value
$452,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jan 22, 2016
Sold by
Bertel Investments Llc A Limited Liabili
Bought by
G B Real Estate Llc A Limited Liability
Buyer's Agent
Alison Barrios
Barrios Real Estate Group, Inc.
List Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.77%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Austin Venture Properties Llc
Bought by
Bertel 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
$255,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2004
Sold by
Briley Charles
Bought by
Pendleton Cornell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.74%
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
Breen Mary Ann -- None Available
G B Real Estate Llc A Limited Liability $450,000 None Available
Bertel Investments Llc $247,500 --
Austin Venture Properties Llc $235,000 --
Pendleton Cornell $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grice James L $287,500
Closed Breen Mary Ann $300,000
Previous Owner Bertel Investments Llc $255,000
Previous Owner Pendleton Cornell $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2016 01/22/16 Sold -- -- --
01/05/2016 01/05/16 For Sale $439,000 -- $122 / 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 $5,913 $44,800 $6,900 $37,900
2024 $6,003 $44,800 $6,900 $37,900
2023 $5,453 $40,500 $5,520 $34,980
2022 $5,453 $38,750 $5,520 $33,230
2021 $5,830 $40,500 $5,520 $34,980
2020 $5,888 $40,500 $5,520 $34,980
2019 $6,119 $40,500 $1,930 $38,570
2018 $6,240 $40,500 $1,930 $38,570
2017 $3,641 $24,750 $1,930 $22,820
2016 $3,757 $24,750 $1,930 $22,820
2015 $3,680 $24,750 $1,930 $22,820
2014 -- $17,000 $1,930 $15,070
2013 -- $17,000 $1,930 $15,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2040665

APN: 2-07-2-022-17