$499,000
SOLD JAN 31, 2013
Last list price
0.84 Acre
$594,048 Price per Acre
36,590 Sq Ft Lot

Recently Sold

About This Lot

As of February 2014

GREAT COMMERCIAL OPPORTUNITY WITH 193 FT OF FRONTAGE ON A PRIME CORNER OF NELSON ROAD AT CAPPY. PROPERTY IS ZONED "MIXED USE" & VALUE IS IN THE COMMERCIAL LAND-HOME GIVEN NO VALUE. THIS PROPERTY IS LOCATED ADJACENT TO TUTEN PARK & ACROSS THE STREET FROM THE VERY BUSY NELSON PLACE SHOPPING CENTER. IF EXPOSURE IS IMPORTANT TO YOU, THIS IS THE LOT FOR YOU! CALL TODAY FOR YOUR PRIVATE SHOWING. ALL CITY UTILITIES.

Property Details

Property Type

Land

Est. Annual Taxes

$16,505

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Property Type: Land
  • Lot Size: 193.0000x184.0000x192.1000x163.6000
  • Co List Office Mls Id: 288
  • Co List Office Phone: 337-478-1578
  • Subdivision Name: TUTEN TERRACE
  • Directions: Cappy From I-210, S On Nelson. Property On The Nw Corner Of Nelson At Cappy
  • Special Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 36590.4
  • Land Lease Expiration Date: 2013-01-23

Tax Info

  • Tax Lot: 1 & 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Niki Opportunity Investments Lp
Bought by
Perkins Peggy Brown and Perkins Almond Don
Current Estimated Value
$825,330

Purchase Details

Closed on
Jan 27, 2023
Sold by
Lake Area Development Llc
Bought by
Niki Opportunity Investments Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,120,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2013
Closed on
Feb 21, 2014
Sold by
Hijazi Mazen Mustapha
Bought by
Lake Area Development Llc
Seller's Agent
Chad Carroll
Compass-LC
Buyer's Agent
Thomas Jones
Compass-LC
List Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 23, 2012
Closed on
Jan 31, 2013
Sold by
Dronett Joann
Bought by
Hijazi Mazen Mustapha
List Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.98%
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- --
Cash Sale Deed $560,000 None Available
Cash Sale Deed $375,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 New Conventional
Previous Owner $1,540,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold -- -- --
10/07/2013 10/07/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $560,000 +12.2% --
01/31/2013 01/31/13 Sold -- -- --
07/23/2012 07/23/12 For Sale $499,000 -- --
01/08/2012 01/08/12 Pending -- -- --
Source: Southwest Louisiana 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 $16,505 $172,140 $60,390 $111,750
2023 $16,505 $172,140 $60,390 $111,750
2022 $16,641 $172,140 $60,390 $111,750
2021 $14,403 $172,140 $60,390 $111,750
2020 $14,144 $146,770 $57,370 $89,400
2019 $16,082 $166,650 $54,900 $111,750
2018 $16,123 $166,650 $54,900 $111,750
2017 $16,230 $166,650 $54,900 $111,750
2016 $3,676 $166,650 $54,900 $111,750
2015 $3,676 $162,150 $50,400 $111,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: 121566

APN: 00064823