NOT LISTED FOR SALE

Estimated Value: $362,000 - $700,000

5 Beds
3 Baths
3,228 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 07, 2021

Current estimated payment $2,798/month

13 Days on Market

About This Home

As of December 2021

No tours until accepted purchase agreement. This multifamily investment property is perfectly positioned in the popular neighborhood of Capital Heights in Mid City Baton Rouge. Located seconds away from some of Baton Rouge's most popular restaurants, retail shops, bars, and hangouts, this 3-unit property is an ideal opportunity to add an attractive apartment building to your portfolio. Tenants will enjoy the quiet and friendly Capital Heights neighborhood, being within walking distance to Government Street shops and eats, and only a few minutes drive from anywhere in Baton Rouge proper. Rents for the property are $2,635/month total. The property consists of two buildings and a parking lot. Building 1 contains two, 2 bed / 1.5 bath units and Building 2 in the rear contains a single 1 bed / 1 bath unit (studio). All units have washer / dryer.

Last Agent to Sell the Property

Mathew Laborde

Elifin Realty License #0995694683 Listed on: 09/23/2021

Last Buyer's Agent

Kimberly Ludwig

Keyfinders Team Realty License #0995687771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,912

Lot Details

  • 4,443 Sq Ft Lot
  • Lot Dimensions are 37 x 120

Parking

  • 5 Parking Spaces

Home Design

  • 3,228 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Microwave
  • Dishwasher

Additional Features

  • Mineral Rights
  • Central Heating and Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,912

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Triplex (3 Units)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Features: Dishwasher, Microwave, Refrigerator
  • Estimated Total Sq Ft: 3228
  • List Price T Sq Ft: 102.230483
  • Price Per Sq Ft: 102.23
  • Source Sq Ft: OWNER

Exterior Features

  • Foundation: Slab:Traditional Found
  • Siding: Vinyl Siding

Garage/Parking

  • Tot Park Spcs: 5

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 3

Lot Info

  • Lot Number: 37
  • Acres: 0.102
  • Estimated Age: 41-50 Years
  • Lot Dimensions: 37 x 120
  • Mineral Rights: CONVEYED

Multi Family

  • Heat Units: 3
  • Units: 3

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 7, 2021
Sold by
Laborde Mathew John
Bought by
Overby Theresa
Seller's Agent
Mathew Laborde
Elifin Realty
Buyer's Agent
Kimberly Ludwig
Keyfinders Team Realty
List Price
$330,000
Current Estimated Value
$463,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$324,022
Outstanding Balance
$299,351
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$164,608

Purchase Details

Closed on
Jun 28, 2013
Sold by
Guilbeau Steven C
Bought by
Laborde Mathew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2006
Sold by
Tennison Joe
Bought by
Guilbeau Steven C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1999
Sold by
Bolding Carol Lynn
Bought by
Bolding Margaret Pauline
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Overby Theresa $330,000 Cypress Title Llc
Laborde Mathew J $290,000 --
Guilbeau Steven C $215,000 --
Bolding Margaret Pauline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overby Theresa $324,022
Previous Owner Laborde Mathew J $284,747
Previous Owner Guilbeau Steven C $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold -- -- --
10/06/2021 10/06/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $330,000 0.0% $102 / Sq Ft
05/21/2019 05/21/19 Rented $975 0.0% --
02/12/2019 02/12/19 Price Changed $975 -2.5% $1 / Sq Ft
08/15/2018 08/15/18 Price Changed $1,000 -9.1% $1 / Sq Ft
08/06/2018 08/06/18 Price Changed $1,100 -8.3% $1 / Sq Ft
07/24/2018 07/24/18 For Rent $1,200 +29.7% --
06/22/2012 06/22/12 Rented $925 0.0% --
06/12/2012 06/12/12 Under Contract -- -- --
05/16/2012 05/16/12 For Rent $925 -- --
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 $3,912 $32,550 $3,500 $29,050
2023 $3,912 $32,550 $3,500 $29,050
2022 $3,987 $32,550 $3,500 $29,050
2021 $3,897 $32,550 $3,500 $29,050
2020 $3,873 $32,550 $3,500 $29,050
2019 $3,437 $27,550 $3,500 $24,050
2018 $3,395 $27,550 $3,500 $24,050
2017 $3,395 $27,550 $3,500 $24,050
2016 $3,214 $27,550 $3,500 $24,050
2015 $3,216 $27,550 $3,500 $24,050
2014 $3,204 $27,550 $3,500 $24,050
2013 -- $21,500 $3,500 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2021014915

Greater Baton Rouge Association of REALTORS®

APN: 00500399