$350,000
SOLD AUG 1, 2018
Last list price

311 4th St Broussard, LA 70518

9 Beds
6 Baths
3,916 Sq Ft
-- Built

Recently Sold

$89 Per Sq Ft

150 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Level Lot
  • Central Air
  • Partially Fenced Property
  • Multiple Heating Units

About This Home

As of July 2021

311 E Fourth Street, Broussard, LA 70518 is a 5 unit (plus mobile home lot) multi-family property. Perfect opportunity for an investment as this property is a fantastic income producer. It isn't very often you see a 5-plex available that is 100% occupied! There is even a mobile home lot included. All apartments are in great condition. Located in the growing city of Broussard with a current monthly income of $3,300. This one won't be available for long!

Last Agent to Sell the Property

Nick Hundley

EXP Realty, LLC License #995686646 Listed on: 01/31/2018

EXP Realty, LLC

Last Buyer's Agent

Rusty Steel

Keller Williams Realty Acadiana License #0995690955

Keller Williams Realty Acadiana

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

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

Community Details

  • 5 Units
  • Broussard Addition Subdivision

Listing and Financial Details

  • Tenant pays for electricity, water
  • The owner pays for sewer, trash collection, water
  • Tax Lot 8,9,10,11 Blk 2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: unk
  • Subdivision Name: Broussard Addition
  • Directions: Pinhook towards Broussard. Left on Morgan. Right on Fourth Street.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Unit 1(Flat)
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Other Equipment: Individual Meter
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • Flooring: Tile, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • ResoLivingAreaSource: Owner

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,Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, 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

Lot Info

  • Zoning: MF

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 8,9,10,11 Blk 2

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
Current Estimated Value
$357,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$212,000
Outstanding Balance
$186,011
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$171,815

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

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
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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
Cash Sale Deed $265,000 None Available
Cash Sale Deed $245,000 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,000 New Conventional
Closed $212,000 New Conventional
Previous Owner $150,385 Purchase Money Mortgage
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

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 18000886

REALTOR® Association of Acadiana

APN: 6068400