NOT LISTED FOR SALE

649 Esplanade St Lake Charles, LA 70607

Estimated Value: $237,000 - $302,000

-- Bed
-- Bath
4,000 Sq Ft
$67/Sq Ft Est. Value

Last Sold January 31, 2024

Current estimated payment $1,549/month

74 Days on Market

Highlights

  • Neighborhood Views
  • Multiple cooling system units
  • Central Heating and Cooling System
  • Dolby Elementary School Rated A-
  • Energy-Efficient Appliances
  • 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.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,612

Year Built

  • 1988

Lot Details

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

Home Design

  • Triplex
  • Updated or Remodeled
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Parking

  • Driveway
  • Open Parking

Utilities

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

Additional Features

  • Energy-Efficient Appliances
  • City Lot

Community Details

Overview

  • 3 Units
  • Gulfgate 7 Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,612

Year Built

1988

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Features: City Lot, Rectangular Lot, Yard
  • LotSizeAcres: 0.393
  • Lot Size: 112x153
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Is Senior Community?: No
  • SpaFeatures: None
  • View: Neighborhood
  • Has View?: Yes
  • Co List Office Phone: 337-433-1171
  • Special Conditions: Standard
  • Subdivision Name: Gulfgate 7
  • Directions: From McNeese St, head South on Common St. Turn Left onto Esplanade. Property is on Left.
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Unit Levels: Two
  • Is New Construction?: No
  • Property Attached Yn: No
  • PropertySubTypeAdditional: Triplex
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 293500.0
  • Special Features: VirtualTour
  • Year Built: 1988

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Fireplace Features: None
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Has Private Pool?: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled, Turnkey
  • Roof: Asphalt, Shingle

Garage/Parking

  • Has Open Parking?: Yes
  • Parking Features: Driveway

Utilities

  • Laundry Features: See Remarks
  • Green Building Features: Appliances
  • Cooling: Central Air, Multi Units
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17136.0
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 3

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
List Price
$329,000
Current Estimated Value
$268,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.81%
Original Mortgage
$288,183
Outstanding Balance
$283,090
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
-$14,642

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
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
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 List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold -- -- --
12/24/2023 12/24/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $329,000 -- $82 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

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

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL23006410

APN: 00781525

Louisiana Calcasieu Parish Lake Charles 70607

649 Esplanade St, Lake Charles, LA

Not Listed for Sale

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