NOT LISTED FOR SALE

Estimated Value: $122,000 - $127,000

8 Beds
8 Baths
3,600 Sq Ft
$35/Sq Ft Est. Value

Last Sold April 22, 2016

Current estimated payment $743/month

11 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Burglar Security System
  • Balcony
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of April 2016

Strong income producing properties. This fourplex produces $2050 & maintains 100% occupancy! All units recently painted & have wood flooring. Excellent condition and 3 of the 4 AC units less than 1 year old.

Last Agent to Sell the Property

Chad Woodburn

Keller Williams Realty Acadiana License #0995692031 Listed on: 02/19/2016

Co-Listed By

Carolyn Groner

Keller Williams Realty Acadiana License #0995682310

Last Buyer's Agent

Carrie Billeaud

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 65 x 144.07 x 65 x 143.6
  • Wood Fence

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Burglar Security System
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Ridge Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,050
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, water
  • The owner pays for sewer, trash collection
  • Tax Lot 22

Community Details

Overview

  • 4 Units
  • Pontalba Place Subdivision

Building Details

  • 4 Leased Units
  • Insurance Expense $876
  • Maintenance Expense $300
  • Other Expense $255
  • New Taxes Expense $684
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Lot Size: 65 x 144.07 x 65 x 143.6
  • Co List Office Phone: 337-735-9300
  • Subdivision Name: Pontalba Place
  • Directions: West on Congress, left on Colorado, right on Marigny, follow to 304.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • List_136: 92.11345
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Other Equipment: Individual Meter
  • Owner Pays: Sewer, Trash Collection
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: Unit 1 Fireplace, Unit 2 Fireplace, Unit 3 Fireplace, Unit 4 Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Walk-In Closet(s), Unit 1(Eat-in Kitchen,Walk-in Closet), Unit 2(Eat-in Kitchen,Walk-in Closet), Unit 3(Eat-in Kitchen,Walk-in Closet), Unit 4(Eat-in Kitchen,Walk-in Closet)
  • Living Area: 3600
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Wood
  • Construction Type: Frame, Brick Veneer
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8

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: Security System
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Ridge
  • High School: Acadiana
  • Middle Or Junior School: Judice

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 24600
  • Insurance Expense: 876
  • Maintenance Expense: 300
  • Number Of Units Leased: 4
  • Total Actual Rent: 2050

Tax Info

  • New Taxes Expense: 683.75
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2018
Sold by
Hassan Marawan
Bought by
Gemco Properties Llc
Current Estimated Value
$124,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 22, 2016
Sold by
Alleman Babin Diana Mary
Bought by
Hassan Marawan
Seller's Agent
Chad Woodburn
Keller Williams Realty Acadiana
Buyer's Agent
Carrie Billeaud
Keller Williams Realty Acadiana
List Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gemco Properties Llc $89,000 Fidelity National Title
Hassan Marawan $85,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gemco Properties Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold -- -- --
03/02/2016 03/02/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $94,900 -- $26 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $997 $11,296 $757 $10,539
2023 $997 $8,157 $757 $7,400
2022 $718 $8,157 $757 $7,400
2021 $721 $8,157 $757 $7,400
2020 $720 $8,157 $757 $7,400
2019 $685 $8,157 $757 $7,400
2018 $525 $8,157 $757 $7,400
2017 $524 $8,157 $757 $7,400
2015 $675 $7,900 $500 $7,400
2013 -- $7,900 $500 $7,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 16001679

REALTOR® Association of Acadiana

APN: 6031669