NOT LISTED FOR SALE

Estimated Value: $123,000 - $185,000

8 Beds
4 Baths
3,600 Sq Ft
$41/Sq Ft Est. Value

Last Sold September 23, 2024

Current estimated payment $969/month

112 Days on Market

Highlights

  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of September 2024

Prime investor opportunity in the heart of Jackson Square Subdivision. This well maintained four-unit, two-story fourplex boasts a generous total of 3,600 square feet. Each of the four units encompasses 900 square feet, offering spacious living accommodations. With central air and central heat, comfort is assured year-round. Currently fully occupied, this property promises immediate rental income. Don't miss out on this lucrative investment opportunity--schedule your viewing today and discover the endless potential of this remarkable property.

Last Listed By

Amy Bellard

NextHome Cutting Edge Realty License #995703582 Listed on: 04/01/2024

NextHome Cutting Edge Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $718

Year Built

  • 1982

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75 x 113.21 x 75.22 x 111.73
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 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
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,300
  • Tenant pays for broadband/internet access, cable/sat TV, electricity
  • The owner pays for water
  • Tax Lot 53

Community Details

Overview

  • 4 Units
  • Jackson Square Subdivision

Building Details

  • 4 Leased Units
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$718

Year Built

1982

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 75 x 113.21 x 75.22 x 111.73
  • Co List Office Mls Id: l001236
  • Co List Office Phone: 337-484-1184
  • Subdivision Name: Jackson Square
  • Directions: From Congress St. headed towards Duson, take a left on Colorado Rd. and then a left on Marginy Circle. Fourplex will be on the right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1982

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Range
  • Owner Pays: Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Interior Amenities: Unit 2(Eat-in Kitchen)
  • Living Area: 3600

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Construction Type: Frame, Brick Veneer
  • 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: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27000
  • Number Of Units Leased: 4
  • Total Actual Rent: 2300

Tax Info

  • Tax Lot: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Sep 19, 2024
Sold by
Prelow Alfred
Bought by
Tobias Clarence Anthony
Seller's Agent
Amy Bellard
NextHome Cutting Edge Realty
Buyer's Agent
Katie Aucoin
Keller Williams Realty Acadiana
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Total Days on Market
112
Views
56
Current Estimated Value
$145,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,862
Avg. Annual Appreciation
37.00%
Original Mortgage
$90,000
Outstanding Balance
$89,504
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$56,358

Purchase Details

Listed on
Mar 22, 2023
Closed on
Aug 10, 2023
Sold by
E & K Jones Investments Llc
Bought by
Prelow Alfred
Seller's Agent
Carl Johnson
BHGRE Rhodes Realty
Buyer's Agent
Non-Member Agent/Seller
Non-Mbr Office/Seller
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%
Views
233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$80,500
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2006
Sold by
Leblanc Kidder Mark David and Leblanc Kidder Ann
Bought by
Goy Henry Michael

Purchase Details

Closed on
May 31, 2006
Sold by
Thibodeaux Vincent Heulin David and Thibodeaux Vincent Bernadette
Bought by
Leblanc Kidder Mark D and Leblanc Kidder Ann

Range of Values:

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Average Value
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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
Tobias Clarence Anthony $120,000 None Listed On Document
Prelow Alfred $115,000 None Listed On Document
Goy Henry Michael $92,000 None Available
Leblanc Kidder Mark D $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tobias Clarence Anthony $90,000
Previous Owner Prelow Alfred $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold -- -- --
07/23/2024 07/23/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $135,000 0.0% $38 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $135,000 -6.9% $38 / Sq Ft
04/01/2024 04/01/24 For Sale $145,000 +7.4% $40 / Sq Ft
08/14/2023 08/14/23 Sold -- -- --
06/20/2023 06/20/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $135,000 0.0% $38 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $135,000 0.0% $38 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $135,000 -59.1% $38 / Sq Ft
04/07/2022 04/07/22 Sold -- -- --
02/26/2022 02/26/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $330,000 +288.2% $92 / Sq Ft
09/27/2018 09/27/18 Sold -- -- --
08/30/2018 08/30/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $85,000 -- $24 / 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 $718 $8,128 $781 $7,347
2023 $718 $7,949 $781 $7,168
2022 $700 $7,949 $781 $7,168
2021 $703 $7,949 $781 $7,168
2020 $702 $7,949 $781 $7,168
2019 $788 $9,391 $781 $8,610
2018 $806 $9,391 $781 $8,610
2017 $804 $9,391 $781 $8,610
2015 $791 $9,260 $650 $8,610
2013 -- $9,260 $650 $8,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 24003123

REALTOR® Association of Acadiana

APN: 6020363