NOT LISTED FOR SALE

605 Coolidge St Lafayette, LA 70503

Bendel Gardens Neighborhood

Estimated Value: $192,000 - $506,000

-- Bed
-- Bath
4,762 Sq Ft
$59/Sq Ft Est. Value

Last Sold February 15, 2023

Current estimated payment $1,638/month

1 Day on Market

Highlights

  • Central Heating and Cooling System
  • Woodvale Elementary School Rated A-
  • Wood Siding

About This Home

As of February 2023

Great Location on this multifamily investment. Price includes (2) houses and (4) Studio Apartments. All are rented except for 605 Coolidge - Tenant just moved out.605 Coolidge St. - 3bed/2bath 1,350sf - House 609 Coolidge St. - 3bed/2.5bath 1,412sf - House (4) Studio 1 Bed/1bath 500sf - Units

Last Agent to Sell the Property

Chad Trahan

Coldwell Banker Trahan Real Estate Group License #76370 Listed on: 01/06/2023

Coldwell Banker Trahan Real Estate Group

Co-Listed By

Todd Trahan

Coldwell Banker Trahan Real Estate Group License #995687221

Last Buyer's Agent

Jan Privat

Keaty Real Estate Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,704

Lot Details

  • 6,098

Parking

  • 15 Parking Spaces

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,762 Sq Ft Home
  • 2-Story Property

Schools

  • Woodvale Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • College Pk Add Subdivision

Building Details

  • Operating Expense $23,256
  • Gross Income $66,900
  • Net Operating Income $43,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,704

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: Irregular
  • CapRate: 0.078637
  • Co List Office Mls Id: l001281
  • Co List Office Phone: 337-993-1414
  • Subdivision Name: College Pk Add
  • Directions: Coolidge St. pass E. St. Mary - between University Ave. & E. St. Mary .
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 3
  • Appliances: Refrigerator
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 31 - 40 Years

Garage/Parking

  • Total Parking Spaces: 15

Utilities

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

Schools

  • Elementary School: Woodvale
  • High School: Lafayette
  • Middle Or Junior School: Lafayette

Lot Info

  • Zoning: Residential

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 66900
  • Property Net Operating Income: 43644
  • Annual Operating Expense: 23256

Tax Info

  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2015
Sold by
Morvant Clary Charles Clement and Morvant Clary Denise
Bought by
On Tap Properties Llc
Current Estimated Value
$282,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$78,889
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$203,146

Purchase Details

Closed on
Jun 13, 2012
Sold by
Morvant Marie T
Bought by
Clary Charles C and Clary Denise M
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
On Tap Properties Llc $165,000 None Available
Clary Charles C $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open On Tap Properties Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold -- -- --
01/08/2023 01/08/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $575,000 -- $121 / 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 $1,704 $16,196 $2,183 $14,013
2023 $1,704 $15,653 $2,183 $13,470
2022 $1,638 $15,653 $2,183 $13,470
2021 $1,643 $15,653 $2,183 $13,470
2020 $1,638 $15,653 $2,183 $13,470
2019 $1,290 $15,653 $2,183 $13,470
2018 $1,597 $15,653 $2,183 $13,470
2017 $1,596 $15,653 $2,183 $13,470
2015 $1,092 $14,970 $1,500 $13,470
2013 -- $10,730 $1,500 $9,230
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Chad Trahan

    Coldwell Banker Trahan Real Estate Group

    (337) 316-8424

    3 in this area

    41 Total Sales

    Chad Trahan
    Section Image
  • Todd Trahan

    Seller Co-Listing Agent in 2023

    Todd Trahan

    Coldwell Banker Trahan Real Estate Group

    (337) 258-0519

    4 in this area

    36 Total Sales

    Todd Trahan
    Section Image

  • J

    Buyer's Agent in 2023

    Jan Privat

    Keaty Real Estate Team

  • Q

    Buyer's Agent in 2023

    Quincie Privat

    EXP Realty, LLC

    (337) 534-3642

    7 in this area

    67 Total Sales

    Quincie Privat
    Section Image
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23000112

REALTOR® Association of Acadiana

APN: 6053633

Louisiana Lafayette Parish Lafayette 70503 Bendel Gardens

605 Coolidge St, Lafayette, LA

This home is located at 605 Coolidge St, Lafayette, LA 70503 since 06 January 2023 and is currently estimated at $282,035, approximately $59 per square foot. 605 Coolidge St is a home located in Lafayette Parish with nearby schools including Woodvale Elementary School, L.J. Alleman Middle School, and Lafayette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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