NOT LISTED FOR SALE

404 Marigny Cir Duson, LA 70529

North Lafayette Parish Neighborhood

Estimated Value: $137,000 - $257,000

8 Beds
8 Baths
3,600 Sq Ft
$49/Sq Ft Est. Value

Last Sold November 20, 2023

Current estimated payment $1,094/month

5 Days on Market

Highlights

  • Outdoor Fireplace
  • Porch
  • Patio
  • Balcony
  • Walk-In Closet
  • Central Air

About This Home

As of November 2023

100% fully occupied fourplex building currently bringing in $2,425 per month in rental income and $29,100 annually. All units are in above average condition for the area. Rental units have been upgraded with ceramic tile flooring and fresh paint (one unit has VCT). Owner manages the building himself and takes a great deal of pride in who he rents to and how he keeps the units. All units are 2 bedrooms 2 baths and have washer/dryer connections. Full financials are available by request. Additional buildings may be available for purchase by the same owner. 106 Meudon, 306 Marigny and 404 Marigny owned by same owner and listed in MLS. Don't miss your opportunity to purchase a high-quality building with great cash flow.

Last Agent to Sell the Property

Jamie Knight

Real Broker, LLC License #69168 Listed on: 09/01/2023

Last Buyer's Agent

Dennis Jones

Keller Williams Realty Acadiana License #995684209

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 65' x 109.62' x 65.06' x 106.7'
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Electric Cooktop
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Fireplace
  • Porch

Schools

  • C S Burke Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,425
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, sewer, water
  • The owner pays for trash collection
  • Tax Lot 31

Community Details

Overview

  • 4 Units
  • Pontalba Place Subdivision

Building Details

  • 4 Leased Units
  • Insurance Expense $2,563
  • New Taxes Expense $708
  • Gross Income $29,100

Property Details

Home Type

Multi-Family

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 65' x 109.62' x 65.06' x 106.7'
  • Subdivision Name: Pontalba Place
  • Directions: W Congress to Colorado, Right on Marigny.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • List_136: 92.1126
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Electric Oven, Electric Cooktop, Electric Range, Refrigerator
  • Owner Pays: Trash Collection
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: Outside, Unit 1 Fireplace, Unit 2 Fireplace, Unit 3 Fireplace, Unit 4 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Unit 1(Dining Room,Eat-in Kitchen,Master Bedroom,Walk-in Closet), Unit 2(Dining Room,Eat-in Kitchen,Master Bedroom,Walk-in Closet), Unit 3(Dining Room,Eat-in Kitchen,Master Bedroom,Walk-in Closet), Unit 4(Dining Room,Eat-in Kitchen,Master Bedroom,Walk-in Closet)
  • Living Area: 3600

Exterior Features

  • Fencing: Partial
  • Lot Features: Level
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: 31 - 40 Years
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: C S Burke
  • High School: Acadiana
  • Middle Or Junior School: Judice

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29100
  • Insurance Expense: 2563
  • Number Of Units Leased: 4
  • Total Actual Rent: 2425

Tax Info

  • New Taxes Expense: 708
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 20, 2023
Sold by
Romero Jason James and Romero Lisa M
Bought by
Prejean Joseph James and Prejean Birlly Amelia
Seller's Agent
Jamie Knight
Real Broker, LLC
Buyer's Agent
Dennis Jones
Keller Williams Realty Acadiana
List Price
$154,000
Views
32
Current Estimated Value
$175,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$111,750
Outstanding Balance
$109,827
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$65,267
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Prejean Joseph James $149,000 Ctc Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prejean Joseph James $111,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold -- -- --
09/07/2023 09/07/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $154,000 -- $43 / 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 $1,014 $11,483 $633 $10,850
2023 $1,014 $8,033 $633 $7,400
2022 $707 $8,033 $633 $7,400
2021 $710 $8,033 $633 $7,400
2020 $710 $8,033 $633 $7,400
2019 $674 $8,033 $633 $7,400
2018 $689 $8,033 $633 $7,400
2017 $688 $8,033 $633 $7,400
2015 $675 $7,900 $500 $7,400
2013 -- $7,900 $500 $7,400
Source: Public Records

Agents Affiliated with this Home

  • Jamie Knight

    Seller's Agent in 2023

    Jamie Knight

    Real Broker, LLC

    (337) 654-3174

    16 in this area

    102 Total Sales

    Jamie Knight
    Section Image
  • Dennis Jones

    Buyer's Agent in 2023

    Dennis Jones

    Keller Williams Realty Acadiana

    (337) 735-9338

    22 in this area

    107 Total Sales

    Dennis Jones
    Section Image
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23008014

REALTOR® Association of Acadiana

APN: 6085385

Louisiana Lafayette Parish Duson 70529 North Lafayette Parish

404 Marigny Cir, Duson, LA

Not Listed for Sale

MultiFamily

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REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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