NOT LISTED FOR SALE

8505 Leake Ave Baton Rouge, LA 70810

Estimated Value: $202,000 - $304,000

20 Beds
8 Baths
4,200 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 01, 2017

Current estimated payment $1,497/month

23 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Partially Fenced Property
  • Wood Siding
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of November 2017

100% occupied four-unit apartment building for sale. Rents average $550-$600 monthly. Owner pays water, sewer, trash.

Last Agent to Sell the Property

David Vercher

KW Commercial Baton Rouge License #0000070595 Listed on: 09/07/2017

KW Commercial Baton Rouge

Last Buyer's Agent

Justen Rider

Cornerstone Management Group LLC License #0912124108

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,152

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85x125
  • Partially Fenced Property
  • Level Lot

Home Design

  • Quadruplex
  • Hip Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Parking Lot

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Gardere Place Subdivision

Building Details

  • Insurance Expense $1,600
  • Utility Expense $2,400
  • New Taxes Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,152

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Number Stories: 2
  • Miscellaneous: Washer/Dryer Some
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Vinyl:Sheet Floor, Wall to Wall Carpet Floor
  • Interior: Electric Stove Con.
  • Kitchen Features: Range/Oven
  • Estimated Total Sq Ft: 4200
  • List Price T Sq Ft: 39.285714
  • Price Per Sq Ft: 36.9
  • Source Sq Ft: OWNER

Exterior Features

  • Foundation: Slab:Traditional Found
  • Roof: Asphalt Comp Shingle Roof, Hip Roof
  • Siding: Brick Siding, Wood Siding

Garage/Parking

  • Parking: Parking Lot
  • Tot Park Spcs: 8

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat, Electric Heat
  • Water Sewer: Public Sewer, Public Water
  • Air Conditioning Units: 4
  • Utility Expenses: 2400

Lot Info

  • Lot Number: 1
  • Acres: 0.25
  • Estimated Age: 31-40 Years
  • Fencing: Partial Fence
  • Lot: Level Lot
  • Lot Dimensions: 85x125
  • Mineral Rights: NEGOTIABLE

Rental Info

  • Owner Pays: Sewer, Trash, Water
  • Tenant Pays: Broadband Internet, Cable/Sat TV, Electric

Multi Family

  • Heat Units: 4
  • Units: 4

Tax Info

  • Tax Expense: 1100

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Nov 1, 2017
Sold by
Pfeiffer Development Llc A Limited Liabi
Bought by
Gardere Capital Investments Llc A Limite
Seller's Agent
David Vercher
KW Commercial Baton Rouge
Buyer's Agent
Justen Rider
Cornerstone Management Group LLC
List Price
$165,000
Current Estimated Value
$251,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jan 6, 2009
Sold by
Gmac Mortgage
Bought by
Pfeiffer Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2006
Sold by
Strategy Finc'L Corp
Bought by
Bonk Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
Caruso Steven C
Bought by
Bulcha Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,650
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Gardere Capital Investments Llc A Limite $155,000 Accent Title Llc
Pfeiffer Development $34,500 --
Bonk Frances J $236,000 --
Bulcha Nancy A $168,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pfeiffer Development $150,000
Previous Owner Bonk Frances J $188,800
Previous Owner Bonk Frances J $23,600
Previous Owner Bulcha Nancy A $151,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold -- -- --
09/30/2017 09/30/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $165,000 -- $39 / 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 $2,152 $17,100 $1,100 $16,000
2023 $2,152 $17,050 $1,100 $15,950
2022 $2,105 $17,050 $1,100 $15,950
2021 $2,067 $17,050 $1,100 $15,950
2020 $2,049 $17,050 $1,100 $15,950
2019 $1,948 $15,500 $1,000 $14,500
2018 $1,924 $15,500 $1,000 $14,500
2017 $1,202 $9,250 $1,000 $8,250
2016 $1,174 $9,250 $1,000 $8,250
2015 $1,145 $9,000 $1,000 $8,000
2014 $1,122 $9,000 $1,000 $8,000
2013 -- $9,000 $1,000 $8,000
Source: Public Records

Agents Affiliated with this Home

  • David Vercher

    Seller's Agent in 2017

    David Vercher

    KW Commercial Baton Rouge

    (225) 768-1814

    6 in this area

    74 Total Sales

    David Vercher
    Section Image
  • Justen Rider

    Buyer's Agent in 2017

    Justen Rider

    Cornerstone Management Group LLC

    (225) 571-3932

    1 in this area

    35 Total Sales

    Justen Rider
    Section Image
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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2017014646

Greater Baton Rouge Association of REALTORS®

APN: 01035517

Louisiana E Baton Rouge Parish Baton Rouge 70810

8505 Leake Ave, Baton Rouge, LA

This home is located at 8505 Leake Ave, Baton Rouge, LA 70810 since 07 September 2017 and is currently estimated at $251,213, approximately $59 per square foot. 8505 Leake Ave is a home located in East Baton Rouge Parish with nearby schools including Magnolia Woods Elementary School, Westdale Middle School, and Tara 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 Baton Rouge Association of REALTORS® 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.

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