$325,000
SOLD SEP 6, 2024
Last list price
8 Beds
8 Baths
3,600 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

25 Days on Market

Highlights

  • Porch
  • Shed
  • Landscaped
  • Patio
  • Tile Flooring
  • Central Air

About This Home

As of September 2024

Fully occupied fourplex in nice location right off of Pinhook in a growth area. The building is brining in $3,225 monthly income and $38,700 yearly. All units are townhome style with 2 bedrooms and 1 full bathroom upstairs, and a half bath downstairs with washer and dryer connections. There are some long term tenants in the building.

Last Agent to Sell the Property

Michael Carr

Real Broker, LLC License #0995701322 Listed on: 06/27/2024

Real Broker, LLC

Co-Listed By

Jamie Knight

Real Broker, LLC License #69168

Last Buyer's Agent

Andrew Angerer

Century 21 Action Realty

Century 21 Action Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,737

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60' x 120'
  • Partially Fenced Property
  • Wood Fence
  • Landscaped

HOA Fees

  • $37 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 4 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Drexel Elementary School
  • Broussard Middle School
  • Comeaux High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $3,225
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, sewer, water
  • The owner pays for trash collection
  • Tax Lot 50

Community Details

Overview

  • 4 Units
  • Oakcreek Subdivision

Building Details

  • 4 Leased Units
  • Insurance Expense $3,200
  • Other Expense $28
  • New Taxes Expense $1,657
  • Gross Income $3,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,737

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1653
  • Lot Size: 60' x 120'
  • Co List Office Mls Id: l001335
  • Co List Office Phone: 337-534-0555
  • Subdivision Name: Oakcreek
  • Directions: Head Northeast on W Pinhook, Take a left on Board rd, You will hit Fox Run Ave and the fourplex will be on your left
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 1(Twinhome), Unit 2(Twinhome), Unit 3(Twinhome), Unit 4(Twinhome)
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Other, Refrigerator, Electric Cooktop, Unit 1 Washer/Dryer, Unit 2 Washer/Dryer, Unit 3 Washer/Dryer, Unit 4 Washer/Dryer
  • Owner Pays: Trash Collection
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Other, Tile
  • Interior Amenities: Unit 1(Dining Room,Eat-in Kitchen), Unit 2(Dining Room,Eat-in Kitchen), Unit 3(Dining Room,Eat-in Kitchen), Unit 4(Dining Room,Eat-in Kitchen)
  • Living Area: 3600

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: Landscaped
  • Construction Type: Frame, Other Siding, Vinyl Siding
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Patio, Porch, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Electric Dryer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Utilities: Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 112
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Elementary School: Drexel
  • Junior High Dist: Lafayette Parish
  • High School: Comeaux
  • Middle Or Junior School: Broussard

Lot Info

  • Lot Size Sq Ft: 7200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3870
  • Insurance Expense: 3200
  • Number Of Units Leased: 4
  • Total Actual Rent: 3225

Tax Info

  • New Taxes Expense: 1657
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 6, 2024
Sold by
Ballowe Properties Llc
Bought by
Celine Lafayette Properties Llc
Seller's Agent
Michael Carr
Real Broker, LLC
Buyer's Agent
Andrew Angerer
Century 21 Action Realty
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
22
Current Estimated Value
$308,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,117
Avg. Annual Appreciation
-0.46%
Original Mortgage
$248,000
Outstanding Balance
$246,489
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$62,394
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 Type Sale Price Title Company
Deed $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold -- -- --
07/25/2024 07/25/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $325,000 -- $90 / 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 $1,737 $19,672 $1,950 $17,722
2023 $1,737 $18,830 $1,950 $16,880
2022 $1,658 $18,830 $1,950 $16,880
2021 $1,665 $18,830 $1,950 $16,880
2020 $1,663 $18,830 $1,950 $16,880
2019 $1,581 $18,830 $1,950 $16,880
2018 $1,615 $18,830 $1,950 $16,880
2017 $1,613 $18,830 $500 $18,330
2015 $1,366 $18,830 $500 $18,330
2013 -- $16,000 $500 $15,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 24006169

REALTOR® Association of Acadiana

APN: 6060514