NOT LISTED FOR SALE

Estimated Value: $194,000 - $525,000

-- Bed
-- Bath
4,762 Sq Ft
$60/Sq Ft Est. Value

Last Sold February 15, 2023

Current estimated payment $1,730/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
$284,966

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
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 13, 2012
Sold by
Morvant Marie T
Bought by
Clary Charles C and Clary Denise M
Source: Public Records

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Range of Values:

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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 Lstrc Holdings Llc $310,000
Closed On Tap Properties Llc $100,000
Closed On Tap Properties Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23000112

REALTOR® Association of Acadiana

APN: 6053633