NOT LISTED FOR SALE

605 E Marigny Cir Unit A,B,C,D Duson, LA 70529

North Lafayette Parish Neighborhood

Estimated Value: $68,000 - $114,000

8 Beds
8 Baths
3,200 Sq Ft
$27/Sq Ft Est. Value

Last Sold July 20, 2023

Current estimated payment $588/month

3 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • Multiple Heating Units

About This Home

As of July 2023

Instant cash flow! This building includes 4 units, each are 2-story townhome style with 2 bedrooms, full bath upstairs, living, kitchen, laundry, dining and half bath downstairs. ceramic tile downstairs. New roof installed 2 or 3 years ago. Monthly rent is $700/month each for 3 units. 4th unit is owner occupied.

Last Listed By

Reba Crochet

District South Real Estate Co. License #47301 Listed on: 06/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $160

Year Built

  • 1983

Lot Details

  • 1,742

HOA Fees

  • $100 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Electric Cooktop
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 8 Parking Spaces
  • Parking Lot
  • Assigned Parking

Schools

  • C S Burke Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $2,100
  • Tenant pays for broadband/internet access, cable/sat TV, electricity
  • The owner pays for sewer, trash collection, water
  • Tax Lot 024A-D

Community Details

Overview

  • 4 Units
  • Jackson Square Subdivision

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$160

Year Built

1983

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 0
  • Subdivision Name: Jackson Square
  • Directions: W Congress past Rue De Belier, Left on Colorado, Left on Marigny.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1983

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Range, Refrigerator, Electric Cooktop
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Other
  • Living Area: 3200

Exterior Features

  • Fencing: None
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Foundation Details: Slab
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Cooling: Ceiling Fan(s),Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 3
  • Total Actual Rent: 2100

Tax Info

  • Tax Lot: 024A-D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 20, 2023
Sold by
Garcia Terry Bruce
Bought by
Lgv Dynamic Solutions Llc
Seller's Agent
Reba Crochet
District South Real Estate Co.
Buyer's Agent
Victoria Jacobs
Latter & Blum
List Price
$149,500
Sold Price
$144,500
Premium/Discount to List
-$5,000
-3.34%
Total Days on Market
3
Views
77
Current Estimated Value
$85,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,797
Avg. Annual Appreciation
-26.07%

Purchase Details

Closed on
Oct 31, 2019
Sold by
Home Bank Na
Bought by
Terry Bruce Garcia and Terry Kary Ramirez

Purchase Details

Closed on
Aug 28, 2019
Sold by
Lafayette County Sheriff
Bought by
Home Bank Na

Purchase Details

Closed on
Dec 30, 2016
Sold by
Romero Gordon James
Bought by
K Cheval Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2014
Sold by
Gulf Coast Bank
Bought by
K Cheval Rental Properties Llc

Purchase Details

Closed on
Jun 3, 2011
Sold by
Asmar Development Llc
Bought by
Ddsts 11 Llc

Purchase Details

Closed on
May 7, 2008
Sold by
Asmar Development Llc
Bought by
Ts3 Llc

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
Lgv Dynamic Solutions Llc $144,500 Bayou Title
Terry Bruce Garcia $45,000 None Available
Home Bank Na $14,000 None Available
Home Bank Na $30,000 None Available
K Cheval Rental Properties Llc $18,000 Bayou Title
K Cheval Rental Properties Llc $36,000 Bayou Title Inc
Ddsts 11 Llc -- None Available
Ts3 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner K Cheval Rental Properties Llc $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold -- -- --
06/20/2023 06/20/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $149,500 -- $47 / 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 $160 $1,810 $170 $1,640
2023 $160 $1,770 $170 $1,600
2022 $156 $1,770 $170 $1,600
2021 $157 $1,770 $170 $1,600
2020 $245 $2,770 $170 $2,600
2019 $233 $2,770 $170 $2,600
2018 $238 $2,770 $170 $2,600
2017 $237 $2,770 $170 $2,600
2015 $237 $2,770 $170 $2,600
2013 -- $2,770 $170 $2,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23005307

REALTOR® Association of Acadiana

APN: 6053024