NOT LISTED FOR SALE

326, 324 Magnolia Ave New Iberia, LA 70563

Estimated Value: $173,000 - $202,000

4 Beds
-- Bath
2,176 Sq Ft
$86/Sq Ft Est. Value

Last Sold June 12, 2023

Current estimated payment $1,126/month

13 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Multiple Heating Units
  • Belle Place Middle School Rated A-
  • Window Unit Cooling System

About This Home

As of June 2023

Duplex that is currently rented; one side has had some remodeling. Each side has 2 bedrooms and 1 bath along with eat-in kitchen, living room and large laundry space. The pictures are of the side that has had some updating

Last Agent to Sell the Property

Cindy Herring

Cindy Herring Real Estate License #99562814 Listed on: 04/28/2023

Last Buyer's Agent

Cindy Herring

PRUDENTIAL SATURN, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Lot Details

  • 8,112 Sq Ft Lot
  • Lot Dimensions are 52 x 156

Home Design

  • 2,176 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Roof

Flooring

  • Wood
  • Carpet

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • North Lewis Elementary School
  • Belle Place Middle School
  • New Iberia High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units

Additional Features

  • Eat-In Kitchen
  • 4 Bedrooms
  • Washer and Dryer Hookup

Listing and Financial Details

  • Total Actual Rent $1,175
  • Tax Lot 4

Community Details

Overview

  • 2 Units
  • Dauterive Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1862
  • Lot Size: 52 x 156
  • Subdivision Name: Dauterive
  • Directions: From Lewis left onto Trotter and then left onto Magnolia and house on left
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Total Bedrooms: 4
  • Flooring: Carpet, Other, Wood
  • Interior Amenities: Unit 1(Eat-in Kitchen), Unit 2(Eat-in Kitchen)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Block Siding
  • Foundation Details: Slab
  • Property Condition: 51 - 75 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup
  • Cooling: Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric,Other, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: North Lewis
  • High School: New Iberia
  • Middle Or Junior School: Belle Place

Lot Info

  • Lot Size Sq Ft: 8112
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Total Actual Rent: 1175

Tax Info

  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 12, 2023
Sold by
Lampco Properties Llc
Bought by
Eg & S Investments Llc
Seller's Agent
Cindy Herring
Cindy Herring Real Estate
Buyer's Agent
Cindy Herring
PRUDENTIAL SATURN, REALTORS
List Price
$85,000
Sold Price
$85,000
Views
46
Current Estimated Value
$187,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,500
Avg. Annual Appreciation
29.60%
Original Mortgage
$68,000
Outstanding Balance
$66,623
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$76,877
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 Buyer Sale Price Title Company
Eg & S Investments Llc $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eg & S Investments Llc $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold -- -- --
05/12/2023 05/12/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $85,000 0.0% $39 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $85,000 -- $39 / 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 $968 $10,968 $1,176 $9,792
2023 $819 $9,010 $1,176 $7,834
2022 $601 $9,010 $1,176 $7,834
2021 $602 $9,010 $1,176 $7,834
2020 $602 $9,010 $0 $0
2017 $673 $10,533 $1,176 $9,357
2016 $656 $10,533 $1,176 $9,357
2014 $903 $10,533 $1,176 $9,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23003547

REALTOR® Association of Acadiana

APN: 0502538500