NOT LISTED FOR SALE

8571 Rush Ave Baton Rouge, LA 70810

Estimated Value: $155,000 - $256,000

-- Bed
-- Bath
3,800 Sq Ft
$48/Sq Ft Est. Value

Last Sold September 25, 2014

Current estimated payment $1,076/month

37 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of September 2014

ATTENTION INVESTORS!! THIS IS A GREAT INVESTMENT OPPORTUNITY TO POTENTIALLY GENERATE SOME POSITIVE CASH FLOW FROM 4 UNITS. TAKE ADVANTAGE OF THIS DEAL WHILE YOU CAN! CASH OFFERS ONLY. THIS IS A MULTIPLE OFFER SITUATION AND THIS WON'T LAST LONG, SO MAKE YOUR OFFER TODAY! PROOF OF FUNDS AND SIGNED SHORT SALE ADDENDUM ARE REQUIRED WITH ALL OFFERS. PROPERTY IS LOCATED IN A GROWING AREA NEAR LSU & BLUEBONNENT. MINUTES AWAY FROM THE NEW CASINO, WALMART SUPERCENTER, CVS, AND OTHER NEW CONSTRUCTION THAT MAY DRIVE PROPERTY VALUES UP IN THE AREA. THIS IS A SHORT SALE. ALL OFFERS ARE SUBJECT TO LENDER APPROVAL. PROPERTY IS SOLD IN "AS IS" CONDITION. ACCESS TO THE PROPERTY WILL NOT BE PROVIDED PRIOR TO APPROVAL OF SALE BY SELLER'S LENDER. CALL FOR DETAILS. NO SHOWINGS.

Last Agent to Sell the Property

Faraad Mohamed

1st Louisiana Realty, LLC License #0995687287 Listed on: 06/14/2014

Last Buyer's Agent

Mark Akchin

Keller Williams Realty Red Stick Partners License #0000059601

Keller Williams Realty Red Stick Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,191

Lot Details

  • 3,790 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Oven or Range
  • Dryer

Parking

  • 6 Parking Spaces
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Mineral Rights
  • Central Heating and Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,191

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Number Stories: 2
  • Miscellaneous: Fixer-Upper, Units Vary, Washer/Dryer Some
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Floor
  • Interior: Electric Dryer Con., Electric Stove Con.
  • Equipment: Cable Ready, Ceiling Fans, Smoke Detector
  • Kitchen Features: Dryer, Range/Oven, Refrigerator
  • Estimated Total Sq Ft: 3800
  • List Price T Sq Ft: 17.105263
  • Source Sq Ft: APPROXIMATE

Exterior Features

  • Exterior: Outside Light
  • Foundation: Slab:Traditional Found
  • Roof: Asphalt Comp Shingle Roof
  • Siding: Brick Siding, Vinyl Siding

Garage/Parking

  • Parking: Parking Lot
  • Tot Park Spcs: 6

Utilities

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

Lot Info

  • Lot Number: 8
  • Acres: 0.087
  • Estimated Age: 31-40 Years
  • Fencing: Chain Link Fence, Wood Fence
  • Lot Dimensions: PER PLAT
  • Map Key: J
  • Map Page: 681
  • Mineral Rights: CONVEYED

Rental Info

  • Cur Mo I Y M: /
  • Owner Pays: Sewer, Trash, Water
  • Tenant Pays: Electric

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
Jun 14, 2014
Closed on
Sep 25, 2014
Sold by
Warren James H and Stephens Wesley P
Bought by
Shaw Lail H
Seller's Agent
Faraad Mohamed
1st Louisiana Realty, LLC
Buyer's Agent
Mark Akchin
Keller Williams Realty Red Stick Partners
List Price
$50,000
Current Estimated Value
$184,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Nov 29, 2007
Sold by
Robin Gary P
Bought by
Warren James H and Stephen,Wesley P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2005
Sold by
Young John
Bought by
Robin Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2000
Sold by
Simms Simms Moses Alvin
Bought by
Day Willie Earl and Day Victoria Johnson
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
Shaw Lail H $65,000 --
Warren James H $450,000 --
Robin Gary $115,000 --
Day Willie Earl $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Lail Hamilton $40,000
Open Shaw Lail Hamilton $76,606
Previous Owner Warren James H $112,500
Previous Owner Robin Gary $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold -- -- --
07/21/2014 07/21/14 Pending -- -- --
06/14/2014 06/14/14 For Sale $50,000 -- $13 / 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 $1,191 $9,240 $1,232 $8,008
2023 $1,191 $8,250 $1,100 $7,150
2022 $1,058 $8,250 $1,100 $7,150
2021 $1,039 $8,250 $1,100 $7,150
2020 $1,033 $8,250 $1,100 $7,150
2019 $984 $7,500 $1,000 $6,500
2018 $973 $7,500 $1,000 $6,500
2017 $973 $7,500 $1,000 $6,500
2016 $951 $7,500 $1,000 $6,500
2015 $950 $7,500 $1,000 $6,500
2014 $985 $8,000 $1,000 $7,000
2013 -- $8,000 $1,000 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 201409376

Greater Baton Rouge Association of REALTORS®

APN: 00048607