NOT LISTED FOR SALE

Estimated Value: $498,860

1.35 Acres
$369,526 Price per Acre
58,806 Sq Ft Lot

Last Sold July 08, 2024

Current estimated payment $2,861/month

24 Days on Market

About This Lot

As of July 2024

1.35 acre land tract located right off of the hard corner of Johnston St. and E. Broussard. Property has 2 buildings on it, 1 building was previously operated as a Bar.Property has great visibility with approx. 200 ft. of frontage on Johnston and a daily traffic count of 27,000 vehicles per day. Great opportunity for commercial, residential, or recreational development.Flood Zone X

Last Agent to Sell the Property

Tanna Guidry

Coldwell Banker Trahan Real Estate Group License #0995701894 Listed on: 02/12/2024

Coldwell Banker Trahan Real Estate Group

Last Buyer's Agent

Kirk Schexnaider

RE/MAX Acadiana

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Property is zoned Unzoned

Location

  • Suburban Location

Utilities

  • Septic Tank
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Horses: No
  • Lot Size: -
  • Road Frontage Type: City Street
  • Road Surface Type: City Street
  • Subdivision Name: None
  • Directions: Corner of Johnston St. and E. Broussard.
  • ResoPropertyType: Land
  • List_136: 92.092553
  • Special Features: None

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Recreational, Single Family

Exterior Features

  • Lot Features: Level, Suburban, 1 - 2.99 Acres
  • Exclusions: None

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available

Lot Info

  • Current Use: Commercial
  • Crops Included: No
  • Zoning: Unzoned

Tax Info

  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jul 3, 2024
Sold by
Broussard Angela Dawn and Broussard Daniel James
Bought by
Reddoch Development Company Llc
Seller's Agent
Tanna Guidry
Coldwell Banker Trahan Real Estate Group
Buyer's Agent
Kirk Schexnaider
RE/MAX Acadiana
List Price
$500,000
Views
11
Current Estimated Value
$498,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.72%
Original Mortgage
$300,000
Outstanding Balance
$296,444
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
$198,197
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
Reddoch Development Company Llc $500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddoch Development Company Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold -- -- --
03/08/2024 03/08/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $500,000 -- --
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 $3,062 $34,686 $23,520 $11,166
2023 $3,062 $34,686 $23,520 $11,166
2022 $3,055 $34,686 $23,520 $11,166
2021 $2,651 $29,977 $23,520 $6,457
2020 $2,648 $29,977 $23,520 $6,457
2019 $2,912 $34,686 $23,520 $11,166
2018 $2,975 $34,686 $23,520 $11,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 24001305

REALTOR® Association of Acadiana

APN: 6159363