$165,000
SOLD NOV 11, 2021
Last list price

412 Vieux Orleans Cir Lafayette, LA 70508

Pilette Neighborhood
8 Beds
4 Baths
3,630 Sq Ft
10,672 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

Highlights

  • Balcony
  • Dining Room
  • Multiple Heating Units
  • Central Air
  • Carpet

About This Home

As of November 2021

100% Occupied 4-Plex with instant cash flow! Sitting in a great location off Verot School Rd near Pinhook, these apartments are easy to rent. Each unit offers 2 bedrooms and 1 bath. No HOA fees and tenant pays all utilities. This building has been well maintained by current owner. New water heater and new vanity/sink in apartment A. New kitchen cabinets and carpet in apartment B. Fresh paint coming in apartment C. New refrigerators in apartments B and C. Some with newer stoves. Roof is approximately 10, 11 years old. Vacant lot on either side, all utilities are LUS.

Last Agent to Sell the Property

Reba Crochet

District South Real Estate Co. License #47301 Listed on: 09/29/2021

Last Buyer's Agent

Carolyn Groner

Keller Williams Realty Acadiana License #0995682310

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,457

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,630 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Lot

Outdoor Features

  • Balcony

Schools

  • Drexel Elementary School
  • Broussard Middle School
  • Comeaux High School

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $2,025
  • Tax Lot 8

Community Details

Overview

  • 4 Units
  • Vieux Orleans Subdivision

Building Details

  • 4 Leased Units
  • New Taxes Expense $1,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,457

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 0
  • Subdivision Name: Vieux Orleans
  • Directions: Verot School Rd to Pilette. From Pilette, left on Vieux Orleans. Building is on the left in curve between vacant lots.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Other, Vinyl, Carpet
  • Interior Amenities: Unit 1(Dining Room), Unit 2(Dining Room), Unit 3(Dining Room), Unit 4(Dining Room)

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: 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
  • Water Source: Public

Schools

  • Elementary School: Drexel
  • High School: Comeaux
  • Middle Or Junior School: Broussard

Lot Info

  • Zoning: MULTI
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Total Actual Rent: 2025

Tax Info

  • New Taxes Expense: 1390
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 23, 2021
Sold by
Ginzburg and Theresa
Bought by
Ts67 Real Estate Holdings Llc
Seller's Agent
Reba Crochet
District South Real Estate Co.
Buyer's Agent
Carolyn Groner
Keller Williams Realty Acadiana
List Price
$165,000
Current Estimated Value
$190,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$123,750
Outstanding Balance
$114,664
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$80,558

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 11, 2021
Sold by
Scott Marie Louise
Bought by
Ginzburg Konstantin and Marquette Theresa
Seller's Agent
Reba Crochet
District South Real Estate Co.
Buyer's Agent
Carolyn Groner
Keller Williams Realty Acadiana
List Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$114,664
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$80,558

Purchase Details

Listed on
Oct 24, 2014
Closed on
Jan 30, 2015
Sold by
Hayes Eric A and Hayes Chris Stevenson
Bought by
Scott Maria Louise
Seller's Agent
Reba Crochet
Compass
Buyer's Agent
Lucinda Tilman
Keller Williams Realty Acadiana
List Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$119,925
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Macdonell Thomas Lucius
Bought by
Hayes Eric A and Hayes Chris Stevenson
Source: Public Records

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Range of Values:

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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
Cash Sale Deed $165,000 None Available
Cash Sale Deed $159,900 Multiple
Cash Sale Deed $149,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,750 New Conventional
Previous Owner $119,925 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2021 11/11/21 Sold -- -- --
09/30/2021 09/30/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $165,000 -2.9% $45 / Sq Ft
01/30/2015 01/30/15 Sold -- -- --
12/18/2014 12/18/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $169,900 -- $47 / 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 $1,457 $13,846 $2,137 $11,709
2023 $1,457 $13,289 $2,137 $11,152
2022 $1,390 $13,289 $2,137 $11,152
2021 $1,395 $13,289 $2,137 $11,152
2020 $1,391 $13,289 $2,137 $11,152
2019 $1,265 $15,350 $2,137 $13,213
2018 $1,566 $15,350 $2,137 $13,213
2017 $1,565 $15,350 $850 $14,500
2015 $1,596 $15,350 $850 $14,500
2013 -- $15,680 $500 $15,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 21008937

REALTOR® Association of Acadiana

APN: 6048919