NOT LISTED FOR SALE

709 7th St Lake Charles, LA 70601

Estimated Value: $224,000 - $521,000

8 Beds
8 Baths
5,000 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 26, 2019

Current estimated payment $2,520/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 Listed By

Aimee Stawecki

Lakeside Properties License #19243 Listed on: 10/03/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 1916

Lot Details

  • 0.4 Acre Lot
  • Rectangular Lot

Parking

  • Parking Lot

Home Design

  • Turnkey
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Schools

  • Pearl Watson Elementary School
  • Molo Middle School
  • Washington-Marion High School

Community Details

  • 5,000 Sq Ft Building

Listing and Financial Details

  • Tenant pays for gas
  • Assessor Parcel Number 00567566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,297

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Registered: No
  • Age Description: Additional Years
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Bedrooms: 8
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Square Footage: 5000.00
  • FireplaceYN: No
  • Square Footage: 5000.00
  • Price Per Square Foot: 86.00
  • Stories: 2

Exterior Features

  • Construction Materials: Other
  • Foundation: Raised
  • Lot Features: Rectangular Lot
  • Pool Features: None
  • Property Condition: Turnkey
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Electricity Provided By: Entergy
  • Heating: See Remarks
  • Cooling: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Pearl Watson
  • Middle School: Molo
  • High School: Washington-Marion
  • Elementary School: Pearl Watson
  • HighSchool: Washington-Marion
  • MiddleOrJuniorSchool: Molo

Lot Info

  • Parcel Number: 00567566
  • Lot Size Acres: 0.4000
  • Lot Size Searchable: 17424.00
  • Lot Size Sq Ft: 17424.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Unit Count: 8
  • Number of Units: 8

Tax Info

  • TaxLegalDescription: E 1/2 Lots 14,15,16 of Block 18 Amelia Cormier Sub

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
Seller's Agent
Aimee Stawecki
Lakeside Properties
Buyer's Agent
CHRISTOPHER SHEARMAN
Reinauer Real Estate
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Total Days on Market
1
Current Estimated Value
$432,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,959
Avg. Annual Appreciation
0.13%
Original Mortgage
$339,494
Outstanding Balance
$303,058
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$129,901

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
Previous Owner Southern Rentals Of Calcasieu Llc $181,878
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- -- --
09/06/2016 09/06/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $224,000 -- $45 / Sq Ft
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 $1,297 $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 $1,255 $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: Greater Southern MLS

MLS Number: 183281

Greater Southern MLS

APN: 00567566