NOT LISTED FOR SALE

709 7th St Lake Charles, LA 70601

Estimated Value: $209,000 - $480,332

8 Beds
8 Baths
5,000 Sq Ft
0.4 Acres

Last Sold November 26, 2019

Current estimated payment $1,989/month

1 Day on Market

About This Home

As of November 2019

Remodeled 8 unit complex. New roof, interior and exterior painting, all new kitchens, updated baths, new flooring, some electrical and plumbing, added building for washer/dryer, air and heat, appliances, fixtures, doors, windows and much more. Currently 100% occupancy. . 5- 1 bedroom units and 3 efficiencies. Ample parking and extra deep lot. Square feet of units is estimated.

Last Buyer's Agent

Chris Shearman

Reinauer Real Estate License #995690221

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,297

Year Built

  • 1916

Lot Details

  • 0.4

Parking

  • Parking Lot

Home Design

  • Turnkey
  • Raised Foundation
  • Shingle Roof

Location

  • City Lot

Community Details

  • 8 Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,297

Year Built

1916

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Rectangular Lot
  • LotSizeAcres: 0.4
  • Co List Office Phone: 337-515-6990
  • Directions: Kirkman Kirkman Street and West on 7th
  • Has Fireplace?: No
  • PropertySubTypeAdditional: Apartment
  • Special Features: None
  • Stories: 2
  • Year Built: 1916

Interior Features

  • Private Spa: No

Exterior Features

  • Pool Features: None
  • Construction Type: Other
  • Foundation Details: Raised
  • Property Condition: Turnkey
  • Roof: Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: See Remarks
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 17424.0

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 26, 2019
Sold by
Southern Rentals Of Calcasieu Llc
Bought by
Hester Property Management Llc
Buyer's Agent
Chris Shearman
Reinauer Real Estate
List Price
$475,000
Current Estimated Value
$357,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.06%
Original Mortgage
$339,494
Outstanding Balance
$299,898
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$57,685
Source: Public Records

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
Hester Property Management Llc $430,000 Arabie Land & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hester Property Management Llc $339,494
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2019 11/26/19 Sold -- -- --
10/04/2019 10/04/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $475,000 +112.1% $95 / Sq Ft
10/19/2016 10/19/16 Sold -- -- -- View Prior Sale
09/06/2016 09/06/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $224,000 -- $45 / 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 $1,297 $11,370 $1,930 $9,440
2023 $1,297 $11,370 $1,930 $9,440
2022 $1,308 $11,370 $1,930 $9,440
2021 $1,308 $11,370 $1,930 $9,440
2020 $1,339 $10,350 $1,850 $8,500
2019 $1,510 $11,230 $1,790 $9,440
2018 $1,379 $11,230 $1,790 $9,440
2017 $1,276 $11,230 $1,790 $9,440
2016 $1,279 $11,230 $1,790 $9,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: 183281

APN: 00567566