NOT LISTED FOR SALE

Estimated Value: $317,000 - $381,000

8 Beds
4 Baths
3,224 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $130,000 $40 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,042/month

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Carpet

About This Home

As of August 2012

Great money-maker!!! Gross/Net shown is based last years records. Great money maker being sold as-is.Zoned as 2 zero-lot-line duplexes.

Last Agent to Sell the Property

Kevin Thibodeaux

The Realty Association Brokerage Phone: 6157728686 License # 310875 Listed on: 01/31/2012

The Realty Association

Last Buyer's Agent

Jerry Shrum

Reliant Realty ERA Powered License #237659

Reliant Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 50 x 200

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,224 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Stratton Elementary School
  • Madison Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $2,400
  • Assessor Parcel Number 04314009200

Community Details

Overview

  • 4 Units
  • Rainbow Terrace Subdivision

Building Details

  • Operating Expense $6,440
  • Gross Income $23,700
  • Net Operating Income $17,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Inclusions: APPLN
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 8
  • Above Grade Finished Sq Ft: 3224
  • Building Area Units: Square Feet
  • Living Area: 3224
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Laundry Features: Individual, Utility Connection
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: Rs10
  • Lot Size: 50 X 200
  • Lot Size Units: Acres
  • Parcel #: 04314009200
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 23700
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 17260
  • Number Of Units Total: 4
  • Annual Operating Expense: 6440
  • Total Actual Rent: 2400

Tax Info

  • Tax Annual Amount: 3291

MLS Schools

  • Elementary School: Stratton Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Madison Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Rosbeh Larizadeh
Bought by
Speciale Gabriele Andrea Gi and Speciale Kim Cerese
Current Estimated Value
$334,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$183,110
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$156,877

Purchase Details

Listed on
Jan 31, 2012
Closed on
Aug 28, 2012
Sold by
Pitt Jack and Pitt Betty
Bought by
Larizadeh Rosbeh
Seller's Agent
Kevin Thibodeaux
The Realty Association
Buyer's Agent
Jerry Shrum
Reliant Realty ERA Powered
List Price
$259,259
Sold Price
$130,000
Premium/Discount to List
-$129,259
-49.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$48,750
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2001
Sold by
Champion Properties Llc
Bought by
Pitt Jack and Pitt Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
7.02%

Purchase Details

Closed on
May 17, 1996
Sold by
Keffer Gloria F
Bought by
Buchanan John Roderick
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Speciale Gabriele Andrea Gi $320,000 Chapman & Rosenthal Title
Larizadeh Rosbeh $65,000 None Available
Pitt Jack $147,500 --
Buchanan John Roderick $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speciale Gabriele Andrea Gi $192,000
Previous Owner Larizadeh Rosbeh $48,750
Previous Owner Pitt Jack $147,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2014 06/15/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $259,259 +99.4% $80 / Sq Ft
08/30/2012 08/30/12 Sold $130,000 -- $40 / Sq Ft
Source: Realtracs

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
2025 $3,536 $125,640 $41,400 $84,240
2024 $3,005 $92,360 $20,000 $72,360
2023 $3,005 $92,360 $20,000 $72,360
2022 $3,005 $92,360 $20,000 $72,360
2021 $3,037 $92,360 $20,000 $72,360
2020 $2,283 $54,080 $8,000 $46,080
2019 $1,706 $54,080 $8,000 $46,080
2018 $1,706 $54,080 $8,000 $46,080
2017 $1,706 $54,080 $8,000 $46,080
2016 $1,573 $40,080 $6,400 $33,680
2015 $1,573 $40,080 $6,400 $33,680
2014 $1,573 $40,080 $6,400 $33,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1335484

Realtracs

APN: 043-14-0-092