NOT LISTED FOR SALE

Estimated Value: $137,000 - $155,000

8 Beds
4 Baths
3,750 Sq Ft
$38/Sq Ft Est. Value

Last Sold November 08, 2022

Current estimated payment $1,004/month

2 Days on Market

Highlights

  • Balcony
  • Community Playground
  • Central Air
  • Porch
  • Ceramic Tile Flooring
  • Multiple Heating Units

About This Home

As of November 2022

Fully occupied investment property with immediate cash flow! Monthly rent for each unit is $600, new roof about a year ago. Tenant pays electricity, individually metered.

Last Agent to Sell the Property

Reba Crochet

District South Real Estate Co. License #47301 Listed on: 10/14/2022

Last Buyer's Agent

Jackie McDonald

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • 1980

Lot Details

  • 8,712

HOA Fees

  • $125 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Lot

Outdoor Features

  • Balcony
  • Porch

Schools

  • Westside Elementary School
  • Scott Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,400
  • Tenant pays for broadband/internet access, cable/sat TV, electricity
  • The owner pays for sewer, water
  • Tax Lot 159

Community Details

Overview

  • 4 Units
  • Ile Des Cannes Subdivision

Recreation

  • Community Playground

Building Details

  • 4 Leased Units
  • New Taxes Expense $871

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

1980

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 0
  • Subdivision Name: Ile Des Cannes
  • Directions: Avoid road work: Take Congress west, cross Hwy 93. RT on Le Violon, RT on Dulles, RT on Herbert. Building is the corner of Herbert and Berlin.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1980

Interior Features

  • Appliances: Electric Range
  • Other Equipment: Individual Meter
  • Owner Pays: Sewer, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Ceramic Tile

Exterior Features

  • Fencing: None
  • Construction Type: Frame, Brick Veneer, Other Siding
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Lot
  • Total Parking Spaces: 6

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Commercial Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Elementary School: Westside
  • High School: Acadiana
  • Middle Or Junior School: Scott

Lot Info

  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Total Actual Rent: 2400

Tax Info

  • New Taxes Expense: 870.92
  • Tax Lot: 159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 8, 2022
Sold by
Imalw Llc
Bought by
Eles Llc
Seller's Agent
Reba Crochet
District South Real Estate Co.
Buyer's Agent
Jackie McDonald
Keller Williams Realty Acadiana
List Price
$140,000
Sold Price
$144,500
Premium/Discount to List
$4,500
3.21%
Total Days on Market
2
Views
42
Current Estimated Value
$143,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,499
Avg. Annual Appreciation
-0.40%

Purchase Details

Closed on
Jul 11, 2007
Sold by
Dupre Craig James
Bought by
Garcia Terry Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.41%
Mortgage Type
New Conventional
Source: Public Records

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    Jamie Knight Real Broker, LLC

    Section Image

Range of Values:

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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
Eles Llc $144,500 --
Garcia Terry Bruce $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Terry Bruce $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold -- -- --
10/17/2022 10/17/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $140,000 -- $37 / 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 $911 $10,319 $500 $9,819
2023 $911 $9,850 $500 $9,350
2022 $867 $9,850 $500 $9,350
2021 $871 $9,850 $500 $9,350
2020 $870 $9,850 $500 $9,350
2019 $827 $9,850 $500 $9,350
2018 $845 $9,850 $500 $9,350
2017 $844 $9,850 $500 $9,350
2015 $841 $9,850 $500 $9,350
2013 -- $9,850 $500 $9,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 22009713

REALTOR® Association of Acadiana

APN: 6048514