NOT LISTED FOR SALE

Estimated Value: $223,000 - $252,000

3 Beds
3 Baths
1,935 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 02, 2023

Current estimated payment $1,507/month

3 Days on Market

Highlights

  • 0.15 Acre Lot
  • Wood Flooring
  • Landscaped
  • Woodvale Elementary School Rated A-
  • Shed
  • Central Heating and Cooling System

About This Home

As of June 2023

Investor's Dream- This home has been divided into 2 apartment units that are 1 BR/ 1BA each, and a ''studio'' that is being used as an Air BnB. Each unit has beautiful hardwood flooring and original pine paneling. The apartment units come with full kitchens. There is also a shared laundry room in the back. Close to Oil Center, restaurants, Lafayette General, UL, Girard Park, downtown and quick access to Evangeline Thruway. Back unit rents for $925/mo, front unit $785/mo with tenant, and Air BnB averages $500/mo

Last Agent to Sell the Property

Reid Smith

Reid Smith Realty License #995702769 Listed on: 05/04/2023

Last Buyer's Agent

Jan Privat

Keaty Real Estate Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,282

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50' x 130'
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

  • Woodvale Elementary School
  • L J Alleman Middle School
  • Lafayette High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,210
  • Tenant pays for cable/sat TV
  • The owner pays for broadband/internet access, electricity, gas, sewer, trash collection, water
  • Tax Lot 23-24

Community Details

Overview

  • 3 Units
  • College Pk Add Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,282

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1492
  • Lot Size: 50' x 130'
  • Subdivision Name: College Pk Add
  • Directions: Fron K Saloom/Pinhook- Turn onto W Pinhook towards Evangeline Thruway. Turn left onto Tulane and then left onto Hoover St. House on right.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Owner Pays: Broadband/Internet Access, Electricity, Gas, Sewer, Trash Collection, Water
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Unit 1(Eat-in Kitchen,Master Bedroom), Unit 2(Eat-in Kitchen,Master Bedroom), Unit 3(Master Bedroom)
  • Window Features: Window Treatments

Exterior Features

  • Fencing: Full, Wood
  • Lot Features: Landscaped, Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Lighting
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Property Condition: 51 - 75 Years
  • Roof: Composition

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, On Street
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air,Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Fiber Available, Fiber Ready
  • Water Source: Public

Schools

  • Elementary School: Woodvale
  • High School: Lafayette
  • Middle Or Junior School: L J Alleman

Lot Info

  • Lot Size Sq Ft: 6500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable/Sat TV

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Leased: 1
  • Number Of Units Vacant: 2
  • Total Actual Rent: 2210

Tax Info

  • Tax Lot: 23-24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 2, 2023
Sold by
Gene Pierce Derald and Baque Deborha
Bought by
Pinhook Road Commercial Holdings Llc
Seller's Agent
Reid Smith
Reid Smith Realty
Buyer's Agent
Jan Privat
Keaty Real Estate Team
List Price
$257,000
Sold Price
$237,000
Premium/Discount to List
-$20,000
-7.78%
Views
28
Current Estimated Value
$236,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$667
Avg. Annual Appreciation
1.02%

Purchase Details

Closed on
Jul 22, 2008
Sold by
Broussard Mardell Leblanc Breaux
Bought by
Pierce Derald Gene and Pierce Deborha Baque
Source: Public Records

Similar Homes in Lafayette, LA

  • 617 E Vermilion St, Lafayette, LA 70501

    $200,000

    • 5 Beds
    • 4 Baths
    • 2,304 Sq Ft
    • 617 E Vermilion St
    • Lafayette, LA

    Duplex was moved to this location around Dec 2019 and has been partially renovated and vacant. Units have been wired with separate meters, re-plumbed for sewer and water but not connected to utility provider. No HVAC and no hot water heaters installed. Unfinished interior including bathrooms and kitchens. Front unit is 3 bedroom, 2 bath, kitchen, laundry living room and 1 unfinished room that is

    Jake Zimmerman Scout Real Estate Co.

    Section Image
  • 108 Howard Ave, Lafayette, LA 70506

    $280,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 108 Howard Ave
    • Lafayette, LA

    Beautifully renovated duplex in the heart of the Saint Streets! Each unit boasts 1050 sq. ft. with 2 bedrooms and 1 bath. This property is perfect for a home with rental income or as a rental property investment. Enjoy brand new kitchens, bathrooms, windows, interior doors, trim, and fresh paint throughout. Both units have newly replaced joists, plywood, and luxury vinyl flooring. Each unit

    Lawayne Sieferman Spectrum Real Estate

    Section Image
  • 218 Frank St Unit A & B, Lafayette, LA 70501

    $180,000

    • 4 Beds
    • 2 Baths
    • 1,806 Sq Ft
    • 218 Frank St
    • Unit A & B
    • Lafayette, LA

    This income producing duplex features two bedroom and one bath units and is 100% occupied. Please do not disturb tenants.

    Michelle D Mouton Real Broker, LLC

    Section Image
  • 1108 Louisiana Ave, Lafayette, LA 70501

    $173,000

    • 5 Beds
    • 4 Baths
    • 1,985 Sq Ft
    • 1108 Louisiana Ave
    • Lafayette, LA

    This two-house investment package in Lafayette is a perfect opportunity for steady income, with both homes in a high-demand area that stays consistently occupied. One home is currently rented for $750/month, and the other for $900/month, offering an immediate cash flow. With tenants already in place, it's an easy, ready-to-go investment that's sure to enhance your portfolio. Don't miss out on

    Teresa Pastor Real Broker, LLC

    Section Image
  • 101 Vieux Orleans Cir, Lafayette, LA 70508

    $230,000

    • 8 Beds
    • 4 Baths
    • 4,000 Sq Ft
    • 101 Vieux Orleans Cir
    • Lafayette, LA

    FULLY OCCUPIED! Attention all INVESTORS, income producing multifamily property. There are 4 units available producing $2725 at full occupancy. All units are 2 bedrooms and 1 bathroom. Don't miss this chance to add to your portfolio. Please do not disturb tenants.

    Anna Ward Reliance Real Estate Group

    Section Image
  • 108 Avalon St, Lafayette, LA 70508

    $210,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 108 Avalon St
    • Lafayette, LA

    This duplex is in excellent condition. It is brick on slab construction, central heat and air, each unit has 2 bedrooms and 1 bath. Good closet space. Each kitchen has a refrigerator and a gas range, There are ceramic tile floors throughout - NO CARPET! Each unit has a single carport. The large utility room includes washer and dryer connections and is accessible in the carport. Currently Unit 1

    Jay Smith Gateway Realty, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pinhook Road Commercial Holdings Llc $237,000 None Listed On Document
Pierce Derald Gene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierce Deborha Baque $95,550
Previous Owner Pierce Derald Gene $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold -- -- --
05/08/2023 05/08/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $257,000 -- $133 / 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 $2,282 $21,693 $2,523 $19,170
2023 $2,282 $16,900 $2,523 $14,377
2022 $1,394 $13,323 $2,523 $10,800
2021 $1,399 $13,323 $2,523 $10,800
2020 $1,394 $13,323 $2,523 $10,800
2019 $1,098 $13,323 $2,523 $10,800
2018 $1,360 $13,323 $2,523 $10,800
2017 $854 $8,379 $2,523 $5,856
2015 $853 $8,380 $1,020 $7,360
2013 -- $8,380 $1,020 $7,360
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 23003807

REALTOR® Association of Acadiana

APN: 6046447