NOT LISTED FOR SALE

649 Esplanade St Unit A Lake Charles, LA 70607

Estimated Value: $251,000 - $300,000

-- Bed
-- Bath
-- Sq Ft
0.39 Acres

Last Sold January 31, 2024

Current estimated payment $1,731/month

74 Days on Market

Highlights

  • Neighborhood Views
  • Multiple cooling system units
  • Laundry Facilities
  • Dolby Elementary School Rated A-
  • Central Heating and Cooling System
  • Turnkey

About This Home

As of January 2024

Great investment property and located within just seconds from McNeese State University, this 3 apartment triplex in Gulfgate Subdivision can meet the needs of many! Two story brick on slab home with central air and heat. Recently remodeled as well as new roof in 2020. Spacious concrete parking in rear of complex. (2-3 spots per tenant) Total 5 bed/ 4 bath. Apartment A: 2 bed, 2 bath. Apartment B: 2 bed, 1 bath. Apartment C: 1 bed, 1 bath. Property zoned “mixed use”. Shared common space/area with designated washer/dryer coin operated washroom. Gas on premise but not currently in use. City trash pick up- 1 can per apartment. All 3 apartments are currently leased. Tenants pay their own water and electric. Contact listing agent for rent rolls and to schedule a showing. All measurements M/L.

Last Listed By

KRISTIAN SALVADOR

Keller Williams Realty Lake Ch License #995694241 Listed on: 10/11/2023

Keller Williams Realty Lake Ch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 112x153
  • Rectangular Lot

Home Design

  • Triplex
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Parking Available
  • Driveway

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 00781525

Community Details

Overview

  • 4,000 Sq Ft Building
  • Gulfgate 7 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,612

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Total System: 4000.00
  • Levels: Two
  • PropertyAttachedYN: No
  • Registered: No
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Water Heater, Range/Oven
  • Appliances: Yes
  • Square Footage: 4000.00
  • Fireplace Features: None
  • FireplaceYN: No
  • Lot Size Area: 17136.0000
  • Price Per Square Foot: 73.38
  • Spa Features: None
  • Stories: 2

Exterior Features

  • Construction Materials: Brick
  • Foundation: Slab
  • Lot Features: Regular Lot, Yard
  • New Construction: No
  • Pool Features: None
  • Pool: No
  • Property Condition: Turnkey, Updated/Remodeled
  • Road Frontage: City Street
  • Road Surface Type: Paved
  • Roof: Asphalt, Shingle
  • Spa: No
  • View Description: Neighborhood

Garage/Parking

  • Parking Features: Driveway
  • Parking: Yes

Utilities

  • Electricity Provided By: Entergy
  • Heating: Central
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Laundry Features: See Remarks
  • Number Of Separate Electric Mete: 3
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Land Lease: No

Lot Info

  • Parcel Number: 00781525
  • Additional Parcels: No
  • Lot Size Acres: 0.3934
  • Lot Dimensions: 112x153
  • Lot Size Searchable: 17136.00
  • Lot Size Sq Ft: 17136.00
  • View YN: Yes

Building Info

  • Laundry: Yes

Rental Info

  • RentControlYN: No
  • Tenant Pays: All Utilities

Multi Family

  • Unit Count: 1
  • Elevation Units: Feet
  • NumberOfSeparateWaterMeters: 3
  • Number of Units: 3

Tax Info

  • TaxLegalDescription: LOT 3 BLK 21 A GULFGATE PART 7 -649A ESPLANADE ST- -649B ESPLANADE ST- -649C ESPLANADE ST- IMPS (3 UNIT APT) (GULFGATE APTS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 30, 2024
Sold by
Salvador Christopher Anthony and Salvador Kimberly
Bought by
Simon Barron James
Seller's Agent
KRISTIAN SALVADOR
Keller Williams Realty Lake Ch
Buyer's Agent
Scott Moffett
Moffett Realty, LLC
List Price
$329,000
Sold Price
$293,500
Premium/Discount to List
-$35,500
-10.79%
Total Days on Market
74
Views
65
Current Estimated Value
$286,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,678
Avg. Annual Appreciation
-1.81%
Original Mortgage
$288,183
Outstanding Balance
$284,482
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$2,340

Purchase Details

Closed on
Nov 17, 2007
Sold by
Montgomery Glay Faye
Bought by
Salvador Christopher Anthony and Salvador Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

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
Simon Barron James $293,500 None Listed On Document
Salvador Christopher Anthony -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Barron James $288,183
Previous Owner Salvador Christopher Anthony $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold -- -- --
12/24/2023 12/24/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $329,000 -- --
Source: Greater Southern MLS

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 $1,612 $22,970 $2,700 $20,270
2023 $1,612 $22,970 $2,700 $20,270
2022 $2,310 $22,970 $2,700 $20,270
2021 $2,020 $22,970 $2,700 $20,270
2020 $2,139 $20,830 $2,590 $18,240
2019 $2,386 $22,770 $2,500 $20,270
2018 $2,414 $22,770 $2,500 $20,270
2017 $2,405 $22,770 $2,500 $20,270
2016 $1,171 $22,770 $2,500 $20,270
2015 $1,171 $11,160 $3,350 $7,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Southern MLS

MLS Number: SWL23006410

Greater Southern MLS

APN: 00781525