NOT LISTED FOR SALE

701 1st St Franklin, LA 70538

Estimated Value: $116,000 - $207,000

-- Bed
-- Bath
5,052 Sq Ft
$30/Sq Ft Est. Value

Last Sold December 17, 2019

Current estimated payment $930/month

3,254 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Porch
  • High Ceiling
  • 5 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of December 2019

*NEW PRICE* INCOME PRODUCING BEAUTIFUL CYPRESS & BRICK FRENCH COLONIAL APARTMENT BLDG.4 APT. 5 BATHS, 4 CAR GARAGE, LAUNDRY ROOM & ADDITIONAL EFFICIENCY APT IN BACK, ALL RECENTLY PAINTED & DECORATED IN PRISTINE CONDITION IN FRANKLIN'S HISTORIC DISTRICT, MOTIVATED SELLERS.

Last Listed By

Kay Louviere

Thomson Real Estate License #99562036 Listed on: 11/10/2010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,097

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 77.80 x 208.00

Parking

  • 5 Car Detached Garage

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5,052 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Schools

  • Lagrange Elementary School
  • Franklin Middle School
  • Franklin High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable/sat TV, electricity, gas
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,097

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Lot Size: 77.80 x 208.00
  • Subdivision Name: None
  • Directions: FROM MAIN TURN RIGHT ON WILLOW, TURN RIGHT ON 1ST, 2ND 2 STORY HOME ON THE LEFT
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Number Of Buildings: 2
  • Appliances: None, Gas Cooktop
  • Owner Pays: Sewer, Trash Collection, Water
  • Flooring: Vinyl, Wood
  • Interior Amenities: High Ceilings, Ceiling Fan(s), Unit 1(Dining Room,Eat-in Kitchen,Master Bedroom), Unit 2(Eat-in Kitchen), Unit 3(Dining Room), Unit 4(Dining Room)
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Balcony, Lighting
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: 76+ Years
  • Roof: Composition, Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Total Parking Spaces: 5

Utilities

  • Laundry Features: Electric Dryer Hookup, Common Area
  • Cooling: Ceiling Fan(s),Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas,Space Heater, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

Schools

  • Elementary School: Lagrange
  • High School: Franklin
  • Middle Or Junior School: Franklin

Lot Info

  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Cable/Sat TV, Electricity, Gas

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2010
Closed on
Dec 17, 2019
Sold by
Joe & Kay Dixon Ft
Bought by
White Johnson
Seller's Agent
Kay Louviere
Thomson Real Estate
Buyer's Agent
Alexa Lovell
Thomson Real Estate
List Price
$250,000
Sold Price
$100,000
Premium/Discount to List
-$150,000
-60%
Total Days on Market
3254
Current Estimated Value
$150,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,632
Avg. Annual Appreciation
7.90%

Range of Values:

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Average Value
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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
White Johnson $100,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold -- -- --
10/09/2019 10/09/19 Pending -- -- --
11/10/2010 11/10/10 For Sale $250,000 -- $49 / 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 $1,097 $9,500 $998 $8,502
2023 $921 $9,500 $998 $8,502
2022 $1,173 $9,500 $998 $8,502
2021 $1,173 $9,500 $998 $8,502
2020 $1,173 $9,500 $998 $8,502
2019 $1,009 $8,419 $898 $7,521
2018 $1,009 $8,419 $898 $7,521
2017 $959 $8,419 $898 $7,521
2016 $793 $8,419 $898 $7,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 10222083

REALTOR® Association of Acadiana

APN: 22646812080001