NOT LISTED FOR SALE

Estimated Value: $106,000 - $173,563

9 Beds
4 Baths
2,400 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 29, 2018

Current estimated payment $851/month

19 Days on Market

About This Home

As of June 2018

Can be purchased separately or together with 8216 Stern. Rare opportunity to own two great income producing investment properties right next to each other. both units are 3 bed 2 bath. One rents for $750. The other is currently rented below market rates to a long term tenant for $500. Professional management in place that can remain. Do Not Disturb tenants! Showings only after accepted contract. Owner/Agent

Last Agent to Sell the Property

Richard Bond

Clear Properties, LLC License #0995685369 Listed on: 04/09/2018

Last Buyer's Agent

David Vercher

KW Commercial Baton Rouge License #0000070595

KW Commercial Baton Rouge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,403

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 130

Parking

  • 4 Parking Spaces

Home Design

  • 2,400 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Kitchen

  • Oven or Range
  • Disposal

Additional Features

  • Mineral Rights
  • Central Heating and Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,403

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Duplex (2 Units)
  • Legal Description: Ward 30 #34213 Lot 55 South Highland Industrial Park
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Features: Disposal, Range/Oven
  • Estimated Total Sq Ft: 2400
  • List Price T Sq Ft: 35.416666
  • Price Per Sq Ft: 32.29
  • Source Sq Ft: APPROXIMATE

Exterior Features

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

Garage/Parking

  • Tot Park Spcs: 4

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 2

Lot Info

  • Lot Number: 55
  • Acres: 0.2
  • Estimated Age: 31-40 Years
  • Lot Dimensions: 60 x 130
  • Mineral Rights: CONVEYED

Rental Info

  • Current Month Included: 1250
  • Cur Yr Inc: 15000
  • Owner Pays: Sewer, Water
  • Tenant Pays: Broadband Internet, Cable/Sat TV, Electric

Multi Family

  • Heat Units: 2
  • Indiv Metered: Yes
  • Units: 2

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 29, 2018
Sold by
Yane Llc A Louisiana Limited Liability C
Bought by
Stem Ave Llc A Louisiana Limited Liabili
Seller's Agent
Richard Bond
Clear Properties, LLC
Buyer's Agent
David Vercher
KW Commercial Baton Rouge
List Price
$85,000
Current Estimated Value
$134,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Listed on
Jan 6, 2016
Closed on
Mar 18, 2016
Sold by
Pahn Phuong Thi
Bought by
Yane Llc A Louisiana Limited Liability C
Seller's Agent
Dana Patureau
Chateau To Geaux Real Estate Group
Buyer's Agent
Richard Bond
Clear Properties, LLC
List Price
$65,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$50,200
Interest Rate
3.72%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Smith Felix
Bought by
Hawkins Monquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.86%
Mortgage Type
Commercial
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
Stem Ave Llc A Louisiana Limited Liabili $77,500 Baton Rouge Title Co Inc
Yane Llc A Louisiana Limited Liability C $62,750 Commerce Title & Abstract Co
Hawkins Monquel $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yane Llc A Louisiana Limited Liability C $50,200
Previous Owner Hawkins Monquel $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold -- -- --
04/28/2018 04/28/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $85,000 +29.8% $35 / Sq Ft
03/18/2016 03/18/16 Sold -- -- --
02/18/2016 02/18/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $65,500 -- $27 / 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 $1,403 $10,760 $1,240 $9,520
2023 $1,403 $10,760 $1,240 $9,520
2022 $1,377 $10,760 $1,240 $9,520
2021 $1,353 $10,760 $1,240 $9,520
2020 $1,342 $10,760 $1,240 $9,520
2019 $1,355 $10,440 $1,200 $9,240
2018 $1,151 $8,810 $1,200 $7,610
2017 $1,151 $8,810 $1,200 $7,610
2016 $966 $7,400 $1,200 $6,200
2015 $942 $7,200 $1,000 $6,200
2014 $924 $7,200 $1,000 $6,200
2013 -- $7,200 $1,000 $6,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2018005646

Greater Baton Rouge Association of REALTORS®

APN: 03107566