$224,000
SOLD OCT 19, 2016
Last list price

709 7th St Lake Charles, LA 70601

9 Beds
-- Bath
5,000 Sq Ft
0.39 Acres

Recently Sold

$45 Per Sq Ft

25 Days on Market

About This Home

As of November 2019

INVESTORS DREAM!! THIS 8 UNIT APARTMENT COMPLEX IS IN A PRIME LOCATION. WITH THE INFLUX OF RESIDENTS TO THE AREA AN INVESTMENT IN THIS PROPERTY WOULD PROVIDE SOLID RENT IN A SAFE AND DESIRABLE AREA. COMPLEX HAS BEEN VACANT FOR SOME TIME AND IS IN NEED OF RENOVATIONS. SOME OF THE UNITS ARE EFFICIENCY STYLE.

Last Agent to Sell the Property

CHRISTOPHER SHEARMAN

Reinauer Real Estate License #995690221 Listed on: 08/12/2016

Last Buyer's Agent

CHRISTOPHER SHEARMAN

Reinauer Real Estate License #995690221 Listed on: 08/12/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,297

Year Built

  • Built in 1916

Lot Details

  • 0.39 Acre Lot
  • Rectangular Lot

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof

Interior Spaces

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

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • 5,000 Sq Ft Building

Listing and Financial Details

  • Tenant pays for gas, water
  • 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
  • Architectural Style: Traditional
  • Registered: No
  • Age Description: More or Less
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Bedrooms: 9
  • Square Footage: 5000.00
  • FireplaceYN: No
  • Square Footage: 5000.00
  • Price Per Square Foot: 33.00
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Electricity Provided By: Entergy
  • Cooling: Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 00567566
  • Lot Size Acres: 0.3900
  • Lot Size Searchable: 16988.40
  • Lot Size Sq Ft: 16988.40

Rental Info

  • Tenant Pays: Gas, Water

Multi Family

  • Unit Count: 8
  • Number of Units: 8

Tax Info

  • TaxLegalDescription: E 1/2 Lots 14,15,16 Block 18 Amelia Corm

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
Current Estimated Value
$409,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$339,494
Outstanding Balance
$303,058
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$106,035
Source: Public Records

Similar Homes in Lake Charles, LA

  • 2727 3rd St Unit 1 & 2, Lake Charles, LA 70615

    $247,900

    • 6 Beds
    • 4 Baths
    • 2,359 Sq Ft
    • 2727 3rd St
    • Unit 1 & 2
    • Lake Charles, LA

    Potential investment and income property in good condition. Live on one side with 1180 sq ft living area and lease the other. Upon sale the legal description will need to be revised by closing attorney. The current legal will not apply upon the sale.All measurements are M/L.

    DAISY BROADWAY Lacy Baaheth, LLC

    Section Image
  • 2727 3rd St Unit 5, 6, Lake Charles, LA 70615

    $247,900

    • 6 Beds
    • 4 Baths
    • 2,359 Sq Ft
    • 2727 3rd St
    • Unit 5, 6
    • Lake Charles, LA

    Potential investment and income property in good condition. Live on one side with 1180 sq ft living area and lease the other. Upon sale the legal description will need to be revised by closing attorney. The current legal will not apply upon the sale.All measurements are M/L.

    DAISY BROADWAY Lacy Baaheth, LLC

    Section Image
  • 713 Bradley St, Lake Charles, LA 70607

    $250,000

    • 6 Beds
    • 4 Baths
    • 2,400 Sq Ft
    • 713 Bradley St
    • Lake Charles, LA

    Calling investors! A great opportunity for an investment property walking distance to McNeese State University; rent is $1100 per unit. This duplex is located near shopping, schools, and is in Flood Zone X. Contact for you private showing.

    TALITHA PITRE Keller Williams Realty Lake Ch

    Section Image
  • 1718 N Tallowood Dr, Lake Charles, LA 70605

    $259,000

    • 6 Beds
    • 4 Baths
    • 2,104 Sq Ft
    • 1718 N Tallowood Dr
    • Lake Charles, LA

    "This completely remodeled duplex located in Flood Zone "X," offers a low-maintenance, high-return investment with modern updates and steady rental income. Each unit includes 3 bedrooms, 2 bathrooms, and 1,052 square feet of living space with granite countertops, luxury vinyl plank flooring, and a fresh neutral color palette throughout. Additional features include indoor utility rooms, a

    Larry Turner CENTURY 21 Bessette Flavin

    Section Image
See All Homes in Lake Charles

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 Arabie Land & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $339,494 Commercial
Previous Owner $181,878 Stand Alone Refi Refinance Of Original Loan
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 $1,308 $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

  • A

    Seller's Agent in 2019

    Aimee Stawecki

    Lakeside Properties

    (337) 794-3323

    234 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    CHRISTOPHER SHEARMAN

    Reinauer Real Estate

See All Agents

Map

Source: Greater Southern MLS

MLS Number: 138804

Greater Southern MLS

APN: 00567566

Louisiana Calcasieu Parish Lake Charles 70601

709 7th St, Lake Charles, LA

This home is located at 709 7th St, Lake Charles, LA 70601 and is currently estimated at $224,000, approximately $44 per square foot. This property was built in 1916. 709 7th St is a home located in Calcasieu Parish with nearby schools including Pearl Watson Elementary School, Ray D. Molo Middle School, and Washington-Marion Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Southern MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes