NOT LISTED FOR SALE

78492 Highway 25 Folsom, LA 70437

Estimated Value: $305,704 - $430,000

8 Beds
8 Baths
4,440 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2019

Current estimated payment $2,159 / mo

90 Days on Market

Highlights

  • Porch
  • Central Heating and Cooling System
  • Property has 1 Level
  • Folsom Junior High School Rated A-

About This Home

As of August 2019

Great Investment opportunity. This property consists of 2 duplexes, total of 4 units, being sold all together. Buildings are exactly the same floor plan, however, built at different times. Units A/B--2002 and Units C/D--2009. Please note they are listed under one address but actually have 2 different addresses. Duplexes located just north of Covington on approximately 1+ acres. Each duplex shares a well and septic tank. All units are currently leased at time of listing.

Last Agent to Sell the Property

Rita Rebouche

Compass Covington (COMP27) License #000015308 Listed on: 04/10/2019

Compass Covington (COMP27)

Co-Listed By

KRISTIN ANDERSON

LATTER & BLUM License #0995699310

Last Buyer's Agent

David Holloway

Smith & Core, Inc. License #995680764

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 1.8 Acre Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4,440 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Porch
  • Outside City Limits

Community Details

  • 4 Units
  • Not A Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 7043778492Hwy25HY

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

1.8 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.8
  • Lot Size: 186 x
  • Co List Office Mls Id: GARDN30
  • Co List Office Phone: (985) 796-5959
  • Subdivision Name: Not a Subdivision
  • Directions: Travel North on Hwy 25 from Covington. Property is on right approximately 5 miles north of Hwy 190/Hwy 25 Intersection.
  • Architectural Style: Ranch
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 17
  • Year Built: 2002
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1
  • Year Built: 2002

Interior Features

  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Living Area: 4440.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: 1 to 5 Acres, Outside City Limits
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition, Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Two Spaces

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Parcel #: 7043778492Hwy25HY
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Aug 9, 2019
Sold by
Bought by
Seller's Agent
Rita Rebouche
Compass Covington (COMP27)
Buyer's Agent
David Holloway
Smith & Core, Inc.
List Price
$388,000
Current Estimated Value
$359,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.79%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$380,000 Winters Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2019 09/28/19 Off Market -- -- --
08/09/2019 08/09/19 Sold -- -- -- View Prior Sale
08/09/2019 08/09/19 Sold -- -- --
07/10/2019 07/10/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $388,000 0.0% $87 / Sq Ft
04/09/2019 04/09/19 For Sale $388,000 -- $87 / Sq Ft
Source: ROAM MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,712 $21,876 $2,500 $19,376
2024 $2,712 $21,876 $2,500 $19,376
2023 $2,808 $18,679 $2,500 $16,179
2022 $260,533 $18,679 $2,500 $16,179
2021 $2,601 $18,679 $2,500 $16,179
2020 $2,607 $18,679 $2,500 $16,179
2019 $2,504 $17,461 $1,553 $15,908
2018 $2,507 $17,461 $1,553 $15,908
2017 $2,630 $17,986 $1,553 $16,433
2016 $1,344 $9,154 $1,553 $7,601
2015 $2,669 $17,884 $1,500 $16,384
2014 $2,646 $17,884 $1,500 $16,384
2013 -- $17,884 $1,500 $16,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2198925

APN: 17263

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