NOT LISTED FOR SALE

Estimated Value: $62,000 - $133,000

16 Beds
11 Baths
7,800 Sq Ft
$12/Sq Ft Est. Value

Last Sold February 28, 2022

Current estimated payment $581/month

9 Days on Market

About This Home

As of February 2022

Total of 11 units in four buildings. Great opportunity to generate income in a very convenient Bossier neighborhood close to the Boardwalk, Bass Pro and Margaritaville. Six units have 2 bedrooms and 5 have single bedroom. Very close to Bossier elementary school. Potential income of over $60,000 yearly when all units are occupied. Come take a look at these units. Updating has begun but additioinal work is needed. Property sold as is.

Last Agent to Sell the Property

Skip Manint

Century 21 Elite License #0995691936 Listed on: 12/20/2021

Century 21 Elite

Last Buyer's Agent

Bryan Flores

Homesmart Realty South License #0995707346

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1947

Lot Details

  • 5,009 Sq Ft Lot

Home Design

  • Combination Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 7,800 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 11 Full Bathrooms

Parking

  • 11 Parking Spaces
  • Common or Shared Parking

Schools

  • Bossier Isd Schools Elementary And Middle School
  • Bossier Isd Schools High School

Utilities

  • No Cooling
  • Municipal Utilities District
  • Cable TV Available

Community Details

  • 11 Units
  • 7,800 Sq Ft Building
  • Cumberland Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / I
  • Assessor Parcel Number 135801
  • $948 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,086

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: Yes
  • Net Operation Income: 40000
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 14.35897
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Square Footage: 7800.00
  • Interior Amenities: Cable TV Available
  • Appliances: Other

Beds/Baths

  • Full Bathrooms: 11
  • Total Bedrooms: 16

Exterior Features

  • Pool: No
  • Foundation: Combination, Slab
  • Roof: Composition
  • Construction Materials: Wood

Garage/Parking

  • Cooling System: None
  • Number Of Parking Spaces: 11
  • Parking Features: Common
  • GarageYN: No

Utilities

  • Heating: None
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Cumberland Apts
  • Association Type: None

Schools

  • School District: Bossier PSB
  • Elementary School: Bossier ISD schools
  • Middle School: Bossier ISD schools
  • High School: Bossier ISD schools
  • School District: Bossier PSB
  • Elementary School: Bossier ISD schools
  • High School: Bossier ISD schools

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1150
  • Parcel Number: 135801
  • Lot Size Acres: 0.1150
  • Lot Size Sq Ft: 5009.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1947
  • Units Total: 11

Multi Family

  • Gross Annual Expenses: 20000.00
  • Gross Annual Income: 60000.00
  • Insurance Expense: 5000
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 948
  • TaxBlock: I
  • Tax Lot: 3

MLS Schools

  • MiddleOrJuniorSchool: Bossier ISD schools
  • Middle School Name: Bossier ISD schools
  • Elementary School Name: Bossier ISD schools
  • High School Name: Bossier ISD schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 28, 2022
Sold by
Bmwt Investments Group Llc
Bought by
Maranto Investments Llc
Seller's Agent
Skip Manint
Century 21 Elite
Buyer's Agent
Bryan Flores
Homesmart Realty South
List Price
$159,000
Current Estimated Value
$92,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.12%

Purchase Details

Closed on
Feb 19, 2016
Sold by
Edward Street Properties Llc
Bought by
Maranto Investments Llc

Purchase Details

Closed on
May 1, 2008
Sold by
Raines Anna Marie Scapelli
Bought by
Edwards Street Properties Llc
Source: Public Records

Range of Values:

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
Maranto Investments Llc $4,000 None Listed On Document
Maranto Investments Llc $150,000 None Available
Edwards Street Properties Llc $152,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Investments Plus Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold -- -- --
12/29/2021 12/29/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $159,000 -- $20 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $1,086 $5,363 $420 $4,943
2023 $1,154 $8,852 $1,260 $7,592
2022 $949 $8,852 $1,260 $7,592
2021 $200 $5,268 $420 $4,848
2020 $948 $8,852 $1,260 $7,592
2019 $961 $8,840 $1,260 $7,580
2018 $961 $8,840 $1,260 $7,580
2017 $1,149 $8,840 $1,260 $7,580
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14728351

North Texas Real Estate Information Systems (NTREIS)

APN: 135801