NOT LISTED FOR SALE

32022 Highway 23 Buras, LA 70041

Estimated Value: $286,000 - $827,609

Studio
-- Bath
84,870 Sq Ft
$6/Sq Ft Est. Value

Last Sold May 30, 2014

Current estimated payment $2,776/month

85 Days on Market

About This Home

As of May 2014

Opportunity to operate your own business and be your own boss. Located in some of the greatest fishing and waterfowl hunting area. The Inn consists of 48 individual furnished units (204 sf each). The office and apartment is approximately 1400 sf. Opportunity for a company to own housing for employees.

Property Details

Property Type

  • Other

Lot Details

  • The community has rules related to zoning restrictions
  • Zoning described as A-2

Home Design

  • Vinyl Siding

Interior Spaces

  • 84,870 Sq Ft Home
  • Living Quarters

Additional Features

  • Accessibility Features
  • Outside City Limits

Listing and Financial Details

  • Assessor Parcel Number 7004132022HIGHWAY23HY

Property Details

Property Type

Other

Lot Details

1.96 Acres

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 207/203x424/404
  • Directions: Travel South on Hwy 23 below Port Sulphur and above the Empire Bridge.
  • New Construction: No
  • Structure Type: Hotel/Motel
  • Year Built Details: 8
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Accessibility Features: Accessibility Features
  • Living Area: 84870.0

Exterior Features

  • Lot Features: Outside City Limits
  • Construction Type: Vinyl Siding
  • Other Structures: Living Quarters
  • Property Condition: Resale

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 7004132022HIGHWAY23HY
  • Zoning Description: A-2
  • Zoning: A-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
May 30, 2014
Sold by
Empire Inn Llc
Bought by
Buras Lodging Inc
List Price
$590,000
Current Estimated Value
$504,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.33%
Original Mortgage
$397,702
Outstanding Balance
$304,199
Interest Rate
4.35%
Mortgage Type
Commercial
Estimated Equity
$200,453
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Buras Lodging Inc $525,000 Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buras Lodging Inc $397,702
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold -- -- --
04/30/2014 04/30/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $590,000 -- $7 / Sq Ft
Source: ROAM MLS

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 $950 $13,340 $2,940 $10,400
2023 $886 $12,540 $2,940 $9,600
2022 $884 $12,540 $2,940 $9,600
2021 $890 $12,540 $2,940 $9,600
2020 $2,323 $33,128 $3,920 $29,208
2019 $1,857 $27,051 $3,920 $23,131
2018 $1,784 $15,291 $3,920 $11,371
2017 $1,826 $27,051 $3,920 $23,131
2015 $1,470 $22,430 $980 $21,450
2014 $1,470 $22,430 $980 $21,450
2013 -- $7,730 $980 $6,750
Source: Public Records

Map

Source: ROAM MLS

MLS Number: 979057

APN: 1177600

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