NOT LISTED FOR SALE

311 4th St Broussard, LA 70518

Estimated Value: $313,426 - $372,000

8 Beds
5 Baths
3,916 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 08, 2021

Current estimated payment $2,148/month

17 Days on Market

Highlights

  • Central Heating and Cooling System
  • Partially Fenced Property
  • Level Lot
  • Ceiling Fan

About This Home

As of July 2021

This is a great investment property with multiple income-producing units. There are 5 individual units plus 1 mobile home LOT. (The mobile home is owned by the tenant) AND it is 100% occupied! All apartments are in great condition. Located in the growing city of Broussard. Current monthly income $3,550.

Last Agent to Sell the Property

Rusty Steel

Keller Williams Realty Acadiana Listed on: 05/24/2021

Last Buyer's Agent

Adam Angers

Spectrum Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,607

Lot Details

  • Partially Fenced Property
  • Wood Fence
  • Level Lot

Parking

  • 12 Parking Spaces

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,916 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

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

Listing and Financial Details

  • Total Actual Rent $2,600
  • The owner pays for sewer, trash collection, water
  • Tax Lot 8,9,10,11

Community Details

Overview

  • 5 Units
  • Broussard Addition Subdivision

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: unknown
  • Subdivision Name: Broussard Addition
  • Directions: From Broussard take North Morgan toward Hwy 90, turn right on 3rd St, left on Ave C, right on 4th St
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Other Equipment: Individual Meter
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Interior Amenities: Ceiling Fan(s), Unit 2(Master Bedroom)

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Lighting
  • Foundation Details: Block
  • Property Condition: 31 - 40 Years
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 12

Utilities

  • 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: Drexel
  • High School: Comeaux
  • Middle Or Junior School: Broussard

Multi Family

  • Number Of Units Total: 5
  • Number Of Units Leased: 4
  • Total Actual Rent: 2600

Tax Info

  • Tax Lot: 8,9,10,11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Aug 1, 2018
Sold by
Pecan Grove Duplexes Llc
Bought by
Mjs Estates Llc
Seller's Agent
Nick Hundley
EXP Realty, LLC
Buyer's Agent
Rusty Steel
Keller Williams Realty Acadiana
List Price
$350,000
Sold Price
$265,000
Premium/Discount to List
-$85,000
-24.29%
Current Estimated Value
$346,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,607
Avg. Annual Appreciation
3.77%
Original Mortgage
$212,000
Outstanding Balance
$186,011
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$156,039

Purchase Details

Listed on
May 12, 2017
Closed on
Jul 18, 2017
Sold by
Thibodeaux Barbara Marie Romero
Bought by
Pecan Grove Duplexes Llc
Seller's Agent
Lonnie Trimble
Keller Williams Realty Acadiana
Buyer's Agent
Lonnie Trimble
EXP Realty, LLC
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$150,385
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2012
Sold by
Barbara Marieromero Thibodeaux
Bought by
Parish Layayette
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
Mjs Estates Llc $265,000 None Available
Pecan Grove Duplexes Llc $245,000 None Available
Parish Layayette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mjs Estates Llc $212,000
Closed Mjs Estates Llc $212,000
Previous Owner Pecan Grove Duplexes Llc $150,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold -- -- --
06/11/2021 06/11/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $292,000 -16.6% $75 / Sq Ft
08/01/2018 08/01/18 Sold -- -- --
07/01/2018 07/01/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $350,000 +16.7% $89 / Sq Ft
07/18/2017 07/18/17 Sold -- -- --
05/25/2017 05/25/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $299,900 -- $60 / 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 $2,607 $30,081 $1,864 $28,217
2023 $2,607 $22,916 $1,864 $21,052
2022 $1,981 $22,916 $1,864 $21,052
2021 $1,989 $22,916 $1,864 $21,052
2020 $1,987 $22,916 $1,864 $21,052
2019 $1,889 $22,916 $1,864 $21,052
2018 $1,926 $22,864 $1,864 $21,000
2017 $1,924 $22,864 $1,864 $21,000
2015 $652 $7,770 $440 $7,330
2013 -- $7,770 $440 $7,330
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2021

    Adam Angers

    Spectrum Real Estate

  • N

    Seller's Agent in 2018

    Nick Hundley

    EXP Realty, LLC

    (337) 789-6539

    10 in this area

    84 Total Sales

    Nick Hundley
    Section Image

  • R

    Buyer's Agent in 2018

    Rusty Steel

    Keller Williams Realty Acadiana

    (337) 962-4635

    6 in this area

    89 Total Sales

    Rusty Steel
    Section Image

  • L

    Seller's Agent in 2017

    Lonnie Trimble

    Keller Williams Realty Acadiana

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 21004636

REALTOR® Association of Acadiana

APN: 6068400

Louisiana Lafayette Parish Broussard 70518

311 4th St, Broussard, LA

This home is located at 311 4th St, Broussard, LA 70518 since 24 May 2021 and is currently estimated at $346,607, approximately $88 per square foot. 311 4th St is a home located in Lafayette Parish with nearby schools including Katharine Drexel Elementary School, Broussard Middle School, and O. Comeaux High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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