NOT LISTED FOR SALE

Estimated Value: $886,571 - $3,615,000

-- Bed
-- Bath
45,620 Sq Ft
$49/Sq Ft Est. Value

Last Sold April 27, 2018

Current estimated payment $13,497/month

113 Days on Market

Highlights

  • 2.58 Acre Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2018

Lone Oak Apartment complex is a two-story, garden style multifamily property consisting of 60 units and onsite coined laundry facility. Listed at $2,520,000 Unit price - $42,000 Land 2.5802 acres (112,394 sqft) Built in 1977 Complex is currently running at 88% occupancy 14 units are 1bed/1bath - 585 sqft - $685 38 units are 2bed/1bath - 781 sqft - $785 8 units are 3bed/1.5bath - 969 sqft - $1025 Rentable sqft 45,620 Landlord pays ALL utilities including water, sewer, trash, electricity and gas. Onsite shared laundry facility and vending machine adding additional income averaging $6800/year. All units have dishwasher, range, hood, refrigerator, central air and heat. Most with “wood-look” vinyl plank or sheet, carpet, some ceramic and 8' ceilings. Some with ceiling fans. Call or email for additional information. DO NOT DISTURB TENANTS OR MANAGEMENT Property will ONLY be sold with Magnolia Gardens Apartments and Greenwell Plaza Apartments which are located within 0.8 mile of Magnolia Gardens Apartment.

Last Agent to Sell the Property

Leanne Evans

RE/MAX Professional License #0099561825 Listed on: 09/07/2017

RE/MAX Professional

Last Buyer's Agent

UNREPRESENTED NONLICENSEE

NON-MEMBER OFFICE

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,060

Lot Details

  • 2.58

Parking

  • 90 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 45,620 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Exterior Lighting
  • 2.58 Acre Lot

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,060

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Apt Complex (5+ Units)
  • Number Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Vinyl:Sheet Floor, Vinyl:Tile Floor, Wall to Wall Carpet Floor
  • Kitchen Features: Counters Laminate, Dishwasher, Range/Oven, Refrigerator
  • Estimated Total Sq Ft: 45620
  • List Price T Sq Ft: 55.23893
  • Source Sq Ft: OWNER

Exterior Features

  • Exterior: Outside Light
  • Foundation: Slab:Traditional Found
  • Siding: Brick Siding

Garage/Parking

  • Tot Park Spcs: 90

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat, Gas Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 60

Lot Info

  • Lot Number: 27 and C
  • Acres: 2.5802
  • Estimated Age: 31-40 Years
  • Lot Dimensions: irregular
  • Mineral Rights: NEGOTIABLE

Rental Info

  • Owner Pays: Electric, Gas, Sewer, Trash, Water

Multi Family

  • Heat Units: 60
  • Indiv Metered: Yes
  • Units: 60

MLS Schools

  • School System: East Baton Rouge

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold -- -- --
12/29/2017 12/29/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $2,520,000 -- $55 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

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 $18,060 $154,200 $10,000 $144,200
2023 $18,060 $154,200 $10,000 $144,200
2022 $18,412 $154,200 $10,000 $144,200
2021 $17,989 $154,200 $10,000 $144,200
2020 $18,214 $154,200 $10,000 $144,200
2019 $19,047 $154,200 $10,000 $144,200
2018 $18,816 $154,200 $10,000 $144,200
2017 $18,816 $154,200 $10,000 $144,200
2016 $12,350 $103,730 $10,000 $93,730
2015 $17,886 $150,000 $10,000 $140,000
2014 $17,823 $150,000 $10,000 $140,000
2013 -- $90,000 $10,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2017014188

Greater Baton Rouge Association of REALTORS®

APN: 01318969