NOT LISTED FOR SALE

502 Rampart St Carencro, LA 70520

Estimated Value: $98,000 - $152,000

-- Bed
-- Bath
11,000 Sq Ft
$12/Sq Ft Est. Value

Last Sold January 30, 2019

Current estimated payment $752/month

440 Days on Market

About This Home

As of January 2019

ATTENTION INVESTORS! Are you looking for a great deal on an income producing property? This ten home package of Carencro homes can cash-flow nicely and is a great addition to your portfolio and also a good property for new investors. A great deal like this don't last long, be quick. Property addresses: 305 Pamela, 111 Collins, 115 Collins, 200 Wilda, 102 Raceway, 241 Bradford, 401 Guilbeau, 301 Estelle, 502 Rampart, 505 Rampart

Last Agent to Sell the Property

Sean Hettich

District South Real Estate Co. License #0995698219 Listed on: 10/02/2017

Last Buyer's Agent

Sean Hettich

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $792

Lot Details

  • 8,276

Parking

  • 20 Parking Spaces

Home Design

  • 11,000 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Schools

  • Carencro Heights Elementary School
  • Carencro Middle School
  • Carencro High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 110

Community Details

Overview

  • 10 Units

Building Details

  • Insurance Expense $7,112
  • Gross Income $88,407
  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$792

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: irregular
  • CapRate: 0.060984
  • Subdivision Name: None
  • Directions: 10 houses within a few blocks of each other in Carencro
  • New Construction: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Appliances: Electric Range

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 20

Utilities

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

Schools

  • Elementary School: Carencro Heights
  • High School: Carencro
  • Middle Or Junior School: Carencro

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 88407.34
  • Insurance Expense: 7112
  • Property Net Operating Income: 37200.44

Tax Info

  • Tax Lot: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2010
Sold by
Properties Managers Of Lafayette Inc
Bought by
Opis Investmetns Llc
Current Estimated Value
$130,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,134
Outstanding Balance
$39,893
Interest Rate
4.83%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$90,774

Purchase Details

Closed on
Feb 16, 2007
Sold by
Alexander Derrick and Alexander Danielle Lynn Roy
Bought by
Labauve Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Opis Investmetns Llc $60,000 None Available
Labauve Tammy M $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opis Investmetns Llc $61,134
Previous Owner Labauve Tammy M $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2019 01/30/19 Sold -- -- --
12/17/2018 12/17/18 Pending -- -- --
10/02/2017 10/02/17 For Sale $850,000 -- $77 / 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 $792 $8,670 $1,250 $7,420
2023 $792 $8,318 $1,250 $7,068
2022 $758 $8,318 $1,250 $7,068
2021 $761 $8,318 $1,250 $7,068
2020 $760 $8,318 $1,250 $7,068
2019 $686 $8,318 $1,250 $7,068
2018 $739 $8,318 $1,250 $7,068
2017 $738 $8,318 $1,250 $7,068
2015 $609 $6,890 $1,000 $5,890
2013 -- $6,890 $1,000 $5,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 17009841

REALTOR® Association of Acadiana

APN: 6001495