NOT LISTED FOR SALE

Estimated Value: $105,000 - $201,000

8 Beds
8 Baths
4,000 Sq Ft
$34/Sq Ft Est. Value

Last Sold December 27, 2018

Current estimated payment $911/month

23 Days on Market

About This Home

As of December 2018

Fully occupied 4-plex! All units are 2 bedrooms and 2 full baths. Start with immediate income. Location is convenient to I-10, Ambassador Caffery & Congress St.

Last Agent to Sell the Property

Reba Crochet

District South Real Estate Co. License #47301 Listed on: 11/07/2018

Co-Listed By

Brian Crochet

District South Real Estate Co. License #0995689386

Last Buyer's Agent

Brian Crochet

RE/MAX Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,004

Lot Details

  • Lot Dimensions are 65 x 115.21 x 65.05 x 112.57

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • 4,000 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $1,825
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, sewer, water
  • The owner pays for trash collection
  • Tax Lot 35

Community Details

Overview

  • 4 Units
  • Pontalba Place Subdivision

Building Details

  • 4 Leased Units
  • Other Expense $960
  • New Taxes Expense $691
  • Gross Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,004

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 65 x 115.21 x 65.05 x 112.57
  • Co List Office Mls Id: l001224
  • Co List Office Phone: 337-534-0555
  • Subdivision Name: Pontalba Place
  • Directions: Congress St west past Rue de Belier, left on Colorado, RT on 2nd Marigny.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Other Equipment: Individual Meter
  • Owner Pays: Trash Collection
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Living Area: 4000

Exterior Features

  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Foundation Details: Slab
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

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: 21900
  • Number Of Units Leased: 4
  • Total Actual Rent: 1825

Tax Info

  • New Taxes Expense: 691
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Dec 27, 2018
Sold by
Imalw Llc
Bought by
Pag Properties Llc
Seller's Agent
Reba Crochet
District South Real Estate Co.
Buyer's Agent
Brian Crochet
RE/MAX Acadiana
List Price
$89,900
Sold Price
$72,500
Premium/Discount to List
-$17,400
-19.35%
Current Estimated Value
$134,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,597
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Oct 24, 2006
Sold by
Nationwide Reverse Exchange Services Llc
Bought by
Garcia Terry Bruce

Purchase Details

Closed on
May 19, 2006
Sold by
Borel Edmond Sr Patrick and Borel Edmond Hildas
Bought by
Nationwide Reverse Exchange Services Llc
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
Pag Properties Llc $72,500 None Available
Garcia Terry Bruce $88,000 None Available
Nationwide Reverse Exchange Services Llc $88,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold -- -- --
12/01/2018 12/01/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $89,900 -- $22 / 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 $1,004 $11,376 $664 $10,712
2023 $1,004 $8,064 $664 $7,400
2022 $710 $8,064 $664 $7,400
2021 $713 $8,064 $664 $7,400
2020 $712 $8,064 $664 $7,400
2019 $677 $8,064 $664 $7,400
2018 $692 $8,064 $664 $7,400
2017 $691 $8,064 $664 $7,400
2015 $675 $7,900 $500 $7,400
2013 -- $7,900 $500 $7,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 18011485

REALTOR® Association of Acadiana

APN: 6013642