NOT LISTED FOR SALE

609 Walker Rd Lafayette, LA 70506

Debaillon Park Neighborhood

Estimated Value: $50,000 - $80,719

Studio
-- Bath
1,100 Sq Ft
$58/Sq Ft Est. Value

Last Sold June 22, 2018

Current estimated payment $361/month

280 Days on Market

About This Home

As of June 2018

Great investment property with excellent rental history. All 25 units have 3/2 bath, 1100 sq.ft. Homes are being rented out to long term Section 8 tenants who maintain the yard and pay the utilities. 100% occupied. This would be a great investment for extra income. Please do not disturb tenants.

Last Agent to Sell the Property

Kim Pham

Compass License #995708688 Listed on: 07/19/2017

Compass

Last Buyer's Agent

Ethel Carter

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,884 Sq Ft Lot
  • Lot Dimensions are 41.8 x 69

Parking

  • 25 Parking Spaces

Home Design

  • 1,100 Sq Ft Home
  • Pillar, Post or Pier Foundation
  • Siding

Schools

  • Montgomery Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for broadband/internet access, cable/sat TV, electricity, gas, sewer, trash collection, water

Community Details

Overview

  • 25 Units
  • Sternberg Hgts Subdivision

Building Details

  • Insurance Expense $11,253
  • Maintenance Expense $15,000
  • New Taxes Expense $14,216
  • Gross Income $212,100

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0662
  • Lot Size: 41.8 x 69
  • Subdivision Name: Sternberg Hgts
  • Directions: Towards North University, turn left on Walker Road, left on Sternberg
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • List_136: 92.036994
  • Special Features: None

Interior Features

  • Appliances: Other
  • Flooring: Other
  • Interior Amenities: Other, Unit 1(Master Bedroom), Unit 2(Master Bedroom), Unit 3(Master Bedroom), Unit 4(Master Bedroom)
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Other
  • Lot Features: Other
  • Construction Type: Other, Other Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 16 - 20 Years
  • Roof: Other

Garage/Parking

  • Parking Features: Varies by Unit
  • Total Parking Spaces: 25

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 2884.2
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 25
  • Annual Gross Income: 212100
  • Insurance Expense: 11252.5
  • Maintenance Expense: 15000

Tax Info

  • New Taxes Expense: 14216
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2011
Sold by
Buy Quick Properties Inc
Bought by
J E S T S 11 Llc
Current Estimated Value
$64,240
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J E S T S 11 Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold -- -- --
04/26/2018 04/26/18 Pending -- -- --
07/19/2017 07/19/17 For Sale $1,400,000 -- $1,273 / 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 $313 $2,973 $187 $2,786
2023 $313 $2,719 $187 $2,532
2022 $285 $2,719 $187 $2,532
2021 $285 $2,719 $187 $2,532
2020 $285 $2,719 $187 $2,532
2019 $224 $2,720 $220 $2,500
2018 $278 $2,720 $220 $2,500
2017 $277 $2,720 $220 $2,500
2015 $680 $6,680 $220 $6,460
2013 -- $6,680 $220 $6,460
Source: Public Records

Agents Affiliated with this Home

  • Kim Pham

    Seller's Agent in 2018

    Kim Pham

    Compass

    (337) 322-8682

    69 Total Sales

    Kim Pham
    Section Image

  • E

    Buyer's Agent in 2018

    Ethel Carter

    Keller Williams Realty Acadiana

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 17007265

REALTOR® Association of Acadiana

APN: 6140579

Louisiana Lafayette Parish Lafayette 70506 Debaillon Park

609 Walker Rd, Lafayette, LA

Not Listed for Sale

MultiFamily

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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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