NOT LISTED FOR SALE

8511 Rush Ave Baton Rouge, LA 70810

Estimated Value: $185,054 - $272,000

-- Bed
-- Bath
3,816 Sq Ft
$61/Sq Ft Est. Value

Last Sold April 12, 2016

Current estimated payment $1,328/month

14 Days on Market

About This Home

As of April 2016

Investors Must See - 4 units - Income Property - Close proximity to parks and recreation and Mississippi River. Access to I-10 near by. PROPERTY SOLD AS IS WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE - DUE DILIGENCE TO BE DONE PRIOR TO BIDDING. BUYER/ BUYER'S AGENT TO VERIFY ALL INFO: SCHOOLS, TAXES, RESTRICTIONS, ROOM SIZES, ETC.

Last Agent to Sell the Property

Michael Sweat

OJO Home, LLC License #0995683704 Listed on: 01/26/2016

Last Buyer's Agent

Joe Douzat

Keller Williams Realty Greater Baton Rouge License #0995688763

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,369

Lot Details

  • 8,233

Parking

  • 4 Parking Spaces

Home Design

  • 3,816 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Additional Features

  • Laminate Countertops
  • Mineral Rights
  • Central Heating and Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,369

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Legal Description: WARD 30 #27239 LOT: 2 SUBDIV: GARDERE VIEW. 1ST FILING. 4PLEX
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Features: Counters Laminate
  • Estimated Total Sq Ft: 3816
  • List Price T Sq Ft: 21.383647
  • Price Per Sq Ft: 20.09
  • Source Sq Ft: PUBLIC RECORD

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: 4

Lot Info

  • Lot Number: 2
  • Estimated Age: 21-30 Years
  • Mineral Rights: CONVEYED

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 22033-00036463

Multi Family

  • Heat Units: 4
  • Units: 4

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Apr 8, 2016
Sold by
Deutsche Bank Trust Company Americas As
Bought by
Bordelon Logan
Seller's Agent
Michael Sweat
OJO Home, LLC
Buyer's Agent
Joe Douzat
Keller Williams Realty Greater Baton Rouge
List Price
$816,000
Current Estimated Value
$231,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$92,880
Outstanding Balance
$73,690
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$157,824

Purchase Details

Closed on
Dec 1, 2006
Sold by
Parks James M
Bought by
Lumar Rico M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2000
Sold by
Padial Martin A and Padial Andre E L
Bought by
Parks James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
7.76%
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
Bordelon Logan $78,674 None Available
Lumar Rico M $142,500 --
Parks James M $58,000 --
Lancaster Arthur Andrew $56,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bordelon Logan $92,880
Previous Owner Lumar Rico M $114,000
Previous Owner Lancaster Arthur Andrew $52,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2016 04/12/16 Sold -- -- --
02/09/2016 02/09/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $816,000 -- $214 / 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 $1,369 $10,472 $1,232 $9,240
2023 $1,369 $9,350 $1,100 $8,250
2022 $1,214 $9,350 $1,100 $8,250
2021 $1,193 $9,350 $1,100 $8,250
2020 $1,183 $9,350 $1,100 $8,250
2019 $1,128 $8,500 $1,000 $7,500
2018 $1,115 $8,500 $1,000 $7,500
2017 $1,115 $8,500 $1,000 $7,500
2016 $1,090 $8,500 $1,000 $7,500
2015 $1,066 $8,300 $1,000 $7,300
2014 $1,045 $8,300 $1,000 $7,300
2013 -- $8,300 $1,000 $7,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2016001182

Greater Baton Rouge Association of REALTORS®

APN: 00036463