$80,000
SOLD SEP 27, 2018
Last list price
6 Beds
6 Baths
3,800 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

6 Days on Market

Highlights

  • Tile Flooring
  • High Speed Internet
  • Multiple Heating Units
  • Central Air

About This Home

As of September 2024

Looking for a great cash flow property to add to your portfolio? Then this four-plex is the perfect addition. Each unit individually metered for electricity, water and sewage. townhouse style units with washer/dryer connections in each apartment. Building is 50% occupied. Do not disturb tenants. Seller is open to bundle package with 506 Marigny Circle also for sale.

Last Agent to Sell the Property

Terrence Richard

Majestic Realty & Investments LLC Listed on: 08/23/2018

Last Buyer's Agent

Emily Nealy

Latter & Blum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $690

Parking

  • 4 Parking Spaces

Home Design

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

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Ridge Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for broadband/internet access, cable/sat TV, electricity, gas, sewer, water
  • The owner pays for trash collection
  • Tax Lot 21

Community Details

Overview

  • 4 Units
  • Jackson Square Subdivision

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,100
  • New Taxes Expense $850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$690

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: As per plat
  • Subdivision Name: Jackson Square
  • Directions: Ridge road, right on Colorado to Jackson Square.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Other Equipment: Individual Meter
  • Owner Pays: Trash Collection
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Tile
  • Interior Amenities: High Speed Internet
  • Living Area: 3800

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Commercial Sewer
  • Utilities: Cable Connected
  • Water Source: Commercial Water

Schools

  • Elementary School: Ridge
  • High School: Acadiana
  • Middle Or Junior School: Judice

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1100
  • Number Of Units Leased: 1

Tax Info

  • New Taxes Expense: 850
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 4, 2024
Sold by
E & K Jones Investment-A Llc
Bought by
Zizi Marie
Seller's Agent
Carl Johnson
Real Broker, LLC
Buyer's Agent
Taylor Granger
Dream Home Realty, LLC
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%
Views
41
Current Estimated Value
$145,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,496
Avg. Annual Appreciation
177.31%

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 7, 2022
Sold by
Sozo Properties Llc
Bought by
E & K Jones Investments-A Llc
Seller's Agent
Jennifer Kenney
Dream Home Realty, LLC
Buyer's Agent
Carl Johnson
Rhodes Realty, LLC
List Price
$330,000
Sold Price
$96,000
Premium/Discount to List
-$234,000
-70.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.94%

Purchase Details

Closed on
Aug 6, 2006
Sold by
Tahiti Investment Group Llc
Bought by
Garcia Terry Bruce
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 Type Sale Price Title Company
Deed $65,000 None Listed On Document
Deed $288,000 Legacy Title
Cash Sale Deed $90,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold -- -- --
08/22/2024 08/22/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $80,000 -75.8% $22 / 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 +312.5% $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 $80,000 -- $21 / 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 $690 $7,820 $486 $7,334
2023 $690 $7,642 $486 $7,156
2022 $673 $7,642 $486 $7,156
2021 $676 $7,642 $486 $7,156
2020 $675 $7,642 $486 $7,156
2019 $764 $9,096 $486 $8,610
2018 $780 $9,096 $486 $8,610
2017 $779 $9,096 $486 $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: 18008772

REALTOR® Association of Acadiana

APN: 6056531