NOT LISTED FOR SALE

824 Main St Franklin, LA 70538

Estimated Value: $204,879

3 Beds
2.5 Baths
3,000 Sq Ft
$68/Sq Ft Est. Value

Last Sold February 21, 2024

Current estimated payment $1,291/month

199 Days on Market

Highlights

  • Vaulted Ceiling
  • Tile Flooring
  • Central Heating and Cooling System
  • Granite Countertops
  • Landscaped
  • Ceiling Fan

About This Home

As of February 2024

Welcome to this exceptional multi-use listing located on a prime corner lot in the heart of Franklin, Louisiana. This property presents a unique opportunity to combine residential comfort with commercial convenience. Boasting a thoughtfully remodeled residential space and an attached commercial area, this property offers endless possibilities for savvy investors and entrepreneurs alike.Residential Space:Step into the epitome of modern elegance as you enter the residential space of this remarkable property. With meticulous attention to detail, this remodeled home features three spacious bedrooms and two well-appointed bathrooms, ensuring ample space for relaxation and rejuvenation. The contemporary touches throughout the residence create a harmonious blend of style and functionality, making it the perfect place to call home.

Commercial Space:
Adjacent to the residential area, the attached commercial space encompasses approximately 1200 square feet of versatile potential. Its prominent location on Main Street, the town's thriving commercial drag, guarantees high visibility and maximum foot traffic. This commercial space is divided into three usable areas, offering flexibility for a variety of businesses. Whether you dream of opening a boutique, a café, or an office space, this property provides the ideal canvas for your entrepreneurial aspirations.

Location:
Nestled in the vibrant community of Franklin, this property enjoys the benefits of a central location. With close proximity to local amenities, shops, and restaurants, residents and customers alike will relish in the convenience this area offers. Franklin's rich history, charming atmosphere, and friendly community make it an appealing destination for both residents and visitors, ensuring a thriving market for any business endeavor.

Features:

Corner lot with excellent visibility and easy access
Thoughtfully remodeled residential space with 3 bedrooms and 2 bathrooms
Modern touches throughout the residential area
Approximately 1200 square feet of attached commercial space
Three distinct usable areas within the commercial space
Located on Main Street, the main commercial drag of Franklin
Close proximity to local amenities, shops, and restaurants
Don't miss out on this exceptional multi-use property that seamlessly blends residential comfort with commercial potential. Whether you're an investor seeking a lucrative opportunity or an entrepreneur with a vision, this listing offers the perfect combination of location, versatility, and modern appeal. Act now and make this property the cornerstone of your real estate portfolio or the launching pad for your entrepreneurial success. Contact us today to schedule a viewing and unlock the endless possibilities this property has to offer.

Last Agent to Sell the Property

Tony Cobarrubia

Keaty Real Estate Team Listed on: 06/16/2023

Last Buyer's Agent

Molli Rodriguez

Keller Williams Realty Acadiana License #0995687819

Keller Williams Realty Acadiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,433

Lot Details

  • Landscaped
  • Level Lot

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Concrete
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,433

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Horses: No
  • Lot Size: As Per Plat
  • Road Frontage Type: City Street, Paved
  • Subdivision Name: None
  • Directions: From I-90 exit Northwest Blvd towards Chatsworth - Turn Right onto Chatsworth - Turn Left onto Iberia Street - Turn Right onto Main Street - Property will be on the left
  • Architectural Style: Modern
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Varied Ceiling Heights, Vaulted Ceiling(s), Granite Counters
  • Living Area: 3000

Exterior Features

  • Lot Features: 0 to 0.5 Acres, Level, Landscaped
  • Pool Private: No
  • Home Warranty: No
  • Construction Type: Brick Veneer, Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 76+ Years
  • Roof: Metal

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Elec: CLECO
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public
  • Gas Company: Gas: Atmos

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Tax Info

  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Feb 21, 2024
Sold by
Gligorevic Suzanne D
Bought by
Albert John R
Seller's Agent
Tony Cobarrubia
Keaty Real Estate Team
Buyer's Agent
Molli Rodriguez
Keller Williams Realty Acadiana
List Price
$250,000
Views
333
Current Estimated Value
$204,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$195,000
Outstanding Balance
$191,586
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$13,293

Purchase Details

Closed on
Jul 19, 2022
Sold by
John Miguez Kenneth
Bought by
Gligorevic Suzanne D and Gligorevic Darko
Source: Public Records

Range of Values:

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Average Value
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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
Albert John R $195,000 None Listed On Document
Gligorevic Suzanne D $40,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albert John R $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold -- -- --
01/02/2024 01/02/24 Pending -- -- --
06/16/2023 06/16/23 For Sale $250,000 -- $83 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $2,433 $21,063 $1,416 $19,647
2023 $1,196 $12,343 $1,428 $10,915
2022 $1,524 $12,343 $1,428 $10,915
2021 $967 $7,833 $1,428 $6,405
2020 $967 $7,833 $1,428 $6,405
2019 $934 $7,795 $1,032 $6,763
2018 $934 $7,795 $1,032 $6,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23005316

REALTOR® Association of Acadiana

APN: 2264701083