NOT LISTED FOR SALE

Estimated Value: $385,000 - $455,294

2 Beds
2 Baths
4,200 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 02, 2017

Current estimated payment $2,579/month

10 Days on Market

About This Home

As of November 2017

Owner occupied cash flowing fourplex in a fantastic location. Demand always high on this one street multi family subdivision. Rents range from $800-$950/month. Property has been very well maintained. A - $850 B - $775 C - $900 D - occupied by owner Deposits A - $850 C - $900 B - none D - none EBR Property Taxes - $2,155.67 Insurance annual premium $2,250 HOA fees $220 per quarter *covers lawn care, and security cameras. Water - $200 per month paid by owner for entire unit

Last Agent to Sell the Property

Travis Thornton

Century 21 Investment Realty License #0995697813 Listed on: 08/22/2017

Century 21 Investment Realty

Last Buyer's Agent

Russell Johnson

United Properties of Louisiana License #0995693480

United Properties of Louisiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,444

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 67 x 144

Parking

  • 8 Parking Spaces

Home Design

  • 4,200 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Additional Features

  • Mineral Rights
  • Central Heating and Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,444

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Features: Dishwasher, Range/Oven, Refrigerator
  • Estimated Total Sq Ft: 4200
  • List Price T Sq Ft: 78.333333
  • Source Sq Ft: APPRAISAL

Exterior Features

  • Foundation: Slab:Traditional Found
  • Siding: Brick Siding, Vinyl Siding

Garage/Parking

  • Tot Park Spcs: 8

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat, Electric Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 4

Condo/Co-op/Association

  • Association Fee: REQUIRED

Lot Info

  • Lot Number: 3
  • Acres: 0.22
  • Estimated Age: 21-30 Years
  • Lot Dimensions: 67 x 144
  • Mineral Rights: CONVEYED

Multi Family

  • Heat Units: 4
  • Indiv Metered: Yes
  • Units: 4

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Nov 2, 2017
Sold by
Thornton Derek E
Bought by
Southern Source Properties Llc A Louisia
Seller's Agent
Travis Thornton
Century 21 Investment Realty
Buyer's Agent
Russell Johnson
United Properties of Louisiana
List Price
$329,000
Current Estimated Value
$414,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$50,000,000
Outstanding Balance
$42,371,600
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
-$41,952,917

Purchase Details

Listed on
Mar 13, 2013
Closed on
Aug 22, 2013
Sold by
Dna Properties Llc
Bought by
Thornton Derek
Seller's Agent
Sam Watts
Property First Realty Group
Buyer's Agent
Travis Thornton
Century 21 Investment Realty
List Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$260,200
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2005
Sold by
Khosravnipour Mostafa
Bought by
Marse Darren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1999
Sold by
Slaughter Slaughter William S
Bought by
Khosravanipour Mostafa and Khosravanipour Donna Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.91%
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
Southern Source Properties Llc A Louisia $308,000 None Available
Thornton Derek $265,000 --
Marse Darren $189,000 --
Khosravanipour Mostafa $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southern Source Properties Llc A Louisia $50,000,000
Previous Owner Thornton Derek E $254,903
Previous Owner Thornton Derek $260,200
Previous Owner Marse Darren $151,200
Previous Owner Khosravanipour Mostafa $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2017 11/02/17 Sold -- -- --
09/01/2017 09/01/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $329,000 +17.5% $78 / Sq Ft
08/22/2013 08/22/13 Sold -- -- --
07/12/2013 07/12/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $279,900 -- $67 / Sq Ft
Source: Greater Baton Rouge 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 $4,444 $37,946 $1,232 $36,714
2023 $4,444 $33,880 $1,100 $32,780
2022 $4,045 $33,880 $1,100 $32,780
2021 $3,953 $33,880 $1,100 $32,780
2020 $3,927 $33,880 $1,100 $32,780
2019 $3,730 $30,800 $1,000 $29,800
2018 $3,684 $30,800 $1,000 $29,800
2017 $3,008 $25,150 $1,000 $24,150
2016 $2,156 $25,150 $1,000 $24,150
2015 $2,159 $25,150 $1,000 $24,150
2014 $2,151 $25,150 $1,000 $24,150
2013 -- $25,150 $1,000 $24,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2017013280

Greater Baton Rouge Association of REALTORS®

APN: 03018660