NOT LISTED FOR SALE

Estimated Value: $172,439

-- Bed
-- Bath
1,260 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 19, 2023

Current estimated payment $974/month

164 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • South Facing Home
  • Neighborhood Views
  • Laundry Facilities
  • Turnkey

About This Home

As of January 2023

Now is the time to develop or add to your investment portfolio! This revenue producing duplex is situated on the back half of the parcel, leaving space to build in the front. Each unit offers one bedroom, one bathroom, full kitchen with oven/range, refrigerator, and dishwasher, living room, small eating area, and laundry closet with stackable washer/dryer. Privacy fence along the back and sides creates a quaint outdoor space. Conveniently located near shopping, pharmacies, health care, banking, food, and entertainment. Both units currently share one electric and water meter. Central AC/Heat & Flood Zone X.

Last Agent to Sell the Property

Michel Hirsch

Bricks & Mortar- Real Estate License #995699095 Listed on: 07/27/2022

Last Buyer's Agent

Jason James

EXIT Bayou Realty License #995701292

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1984

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 46x178x50x178
  • 1 Common Wall
  • South Facing Home
  • Privacy Fence
  • Fenced
  • Rectangular Lot

Home Design

  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1-Story Property
  • Blinds
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, grounds care
  • Assessor Parcel Number 00437034

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,260 Sq Ft Building
  • Richard & Wasey Sub 7108 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$354

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Total System: 1260.00
  • Inclusions: Refrigerator, Oven/Range, Dishwasher, Washer/Dryer
  • Levels: One
  • PropertyAttachedYN: No
  • Registered: No
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
  • Appliances: Yes
  • Square Footage: 1260.00
  • Fireplace Features: None
  • FireplaceYN: No
  • Lot Size Area: 0.2000
  • Price Per Square Foot: 138.89
  • Spa Features: None
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Fence: Yes
  • Common Walls: 1 Common Wall
  • Construction Materials: Concrete
  • Property Faces: South
  • Fencing: Privacy
  • Foundation: Slab
  • Lot Features: Regular Lot
  • New Construction: No
  • Pool Features: None
  • Pool: No
  • Property Condition: Turnkey
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • Roof: Shingle
  • Spa: No
  • View Description: Neighborhood

Garage/Parking

  • Parking Features: Parking Lot
  • Parking: Yes

Utilities

  • Electricity Provided By: Entergy
  • Heating: Central, Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Number Of Separate Electric Mete: 1
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Fee Information

  • Land Lease: No
  • Total Expenses: 6484.00
  • Water Sewer Expenses: 600.00

Lot Info

  • Parcel Number: 00437034
  • Additional Parcels: No
  • Lot Size Acres: 0.2000
  • Lot Dimensions: 46x178x50x178
  • Lot Size Searchable: 8712.00
  • Lot Size Sq Ft: 8712.00
  • View YN: Yes

Building Info

  • Laundry: Yes

Rental Info

  • RentControlYN: No
  • Tenant Pays: Cable TV, Grounds Care

Multi Family

  • Unit Count: 2
  • ElectricExpense: 3564.00
  • Elevation Units: Feet
  • Insurance Expense: 2320.00
  • Laundry Equipment Own Lease: Own
  • NumberOfSeparateWaterMeters: 1
  • Number of Leased Units: 2
  • Total Actual Rent: 2100.00

Tax Info

  • TaxLegalDescription: @071008-1596- 000111 0000 COM 100 FT E OF NE COR INTERSECTION HODGES AND ALAMO ST E 50 FT N 179 FT ETC IN LOT 1 RICHARD AND WASEY SUB OF HIMOUNT (OR DESC AS: COM AT A PT 100 FT E OF NE COR OF INTERS OF HODGES & ALAMO ST; TH N 179 FT; TH E 50 FT ETC TO POC). IMPS STORAGE REF1- ROBERT LYNN STOUT B 1774 P 20-83 REF2-ASSESSED EUEL GILLIS MCFILLEN AND IRENE-89 REF3-EUEL GILLIS MCFILLEN EST AND IRENE B 2278 P 615-91 REF4-B 2424 P 343-93 REF5-MCFILLEN, IRENE A ET AL B 2619 P 234 P 236-97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Jan 19, 2023
Sold by
Rhineauxs A/C & Heat Llc
Bought by
Schaad Daniel Thomas
Seller's Agent
Michel Hirsch
Bricks & Mortar- Real Estate
Buyer's Agent
Jason James
EXIT Bayou Realty
List Price
$189,000
Views
33
Current Estimated Value
$172,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%

Purchase Details

Closed on
Jul 19, 2018
Sold by
Young Hubert James
Bought by
Rhineauxs A/C & Heat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2013
Sold by
Jtl Properties Llc
Bought by
Young Hubert James

Purchase Details

Closed on
Sep 23, 2009
Sold by
Specia Martha Jane Mcfillen Edwards 2006
Bought by
Jtl Properties Llc
Source: Public Records

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
Schaad Daniel Thomas $175,000 --
Rhineauxs A/C & Heat Llc $125,000 None Available
Young Hubert James $37,000 None Available
Jtl Properties Llc $33,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhineauxs A/C & Heat Llc $106,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold -- -- --
01/07/2023 01/07/23 Pending -- -- --
07/27/2022 07/27/22 For Sale $189,000 -- $150 / Sq Ft
Source: Greater Southern MLS

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 $354 $3,650 $1,650 $2,000
2023 $354 $3,650 $1,650 $2,000
2022 $367 $3,650 $1,650 $2,000
2021 $321 $3,650 $1,650 $2,000
2020 $325 $3,170 $1,570 $1,600
2019 $367 $3,500 $1,500 $2,000
2018 $371 $3,500 $1,500 $2,000
2017 $370 $3,500 $1,500 $2,000
2016 $367 $3,500 $1,500 $2,000
2015 $367 $3,500 $1,500 $2,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Southern MLS

MLS Number: SWL22005982

Greater Southern MLS

APN: 00437034