NOT LISTED FOR SALE

8572 Rush Ave Baton Rouge, LA 70810

Estimated Value: $230,000 - $258,000

20 Beds
8 Baths
4,100 Sq Ft
$60/Sq Ft Est. Value

Last Sold September 16, 2022

Current estimated payment $1,544/month

63 Days on Market

Highlights

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

About This Home

As of September 2022

Great investment opportunity. Fully occupied fourplex and a corner lot. Each unit has 2 Bedrooms and 2 Bathrooms. Monthly rent roll is $2,650. ***DO NOT DISTURB TENANTS*** No showings without an accepted offer in place.

Last Agent to Sell the Property

Jesse Benedetto

Pennant Real Estate License #0995683419 Listed on: 06/01/2022

Last Buyer's Agent

Donna Kliebert

Engel & Volkers Baton Rouge License #995708515

Engel & Volkers Baton Rouge

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70 x 120

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Parking Lot

Location

  • Mineral Rights

Utilities

  • Central Heating and Cooling System
  • Community Sewer or Septic

Community Details

  • Insurance Expense $1,164
  • Utility Expense $270
  • New Taxes Expense $1,505

Property Details

Home Type

Multi-Family

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Number Stories: 2
  • Legal Description: WARD 3-0, LOT:14, SUBDIV:GARDERE VIEW. RESUB. 1985. TERMINATION OF CONDOMINIUM REGIME (TWO RUSH CONDOMINIUM) UNITS A, B, C &
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Wall to Wall Carpet Floor
  • Equipment: Cable Available
  • Kitchen Features: Dishwasher, Range/Oven, Refrigerator
  • Estimated Total Sq Ft: 4100
  • List Price T Sq Ft: 59.756097
  • Price Per Sq Ft: 58.49
  • Source Sq Ft: APPROXIMATE

Exterior Features

  • Foundation: Slab:Traditional Found
  • Roof: Architec. Shingle Roof
  • Siding: Brick Siding, Wood Siding

Garage/Parking

  • Parking: Parking Lot
  • Tot Park Spcs: 8

Utilities

  • Cooling: Central Air Cool
  • Heating: Central Heat
  • Water Sewer: Comm. Sewer, Comm. Water
  • Air Conditioning Units: 4
  • Utility Expenses: 270

Lot Info

  • Lot Number: 14
  • Acres: 0.19
  • Estimated Age: 31-40 Years
  • Lot Dimensions: 70 x 120
  • Mineral Rights: CONVEYED

Rental Info

  • Current Month Included: 2650
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric

Multi Family

  • Heat Units: 4
  • Indiv Metered: Yes
  • Units: 4

Tax Info

  • Tax Expense: 1505

MLS Schools

  • School System: East Baton Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Sep 16, 2022
Sold by
Mccown Stuart T
Bought by
Espinal Hernan A
Seller's Agent
Jesse Benedetto
Pennant Real Estate
Buyer's Agent
Donna Kliebert
Engel & Volkers Baton Rouge
List Price
$252,500
Current Estimated Value
$247,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$179,800
Outstanding Balance
$170,402
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$76,716

Purchase Details

Listed on
Oct 25, 2015
Closed on
May 5, 2016
Sold by
Thornton Kenneth Alexander and Thornton Roxanne Casadaban
Bought by
Mccown Stuart T and Mccown Maria
Seller's Agent
Travis Thornton
Century 21 Investment Realty
Buyer's Agent
David Vercher
KW Commercial Baton Rouge
List Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$82,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2011
Closed on
Nov 22, 2013
Sold by
Mohamed Hasnudeen
Bought by
Thornton Kenneth A
Seller's Agent
David Vercher
KW Commercial Baton Rouge
Buyer's Agent
Travis Thornton
Century 21 Investment Realty
List Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$100,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2008
Sold by
Citimortgage
Bought by
Mohamed Hasnudeen

Purchase Details

Closed on
Jun 21, 2005
Sold by
Matthews Freddy L
Bought by
Jordan Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2001
Sold by
Williams Derek Elliott and Dove Kristien B
Bought by
Mathews Freddy Lee and Mathews Kathy Washington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Espinal Hernan A $239,800 --
Mccown Stuart T $110,000 Attorney
Thornton Kenneth A $90,000 --
Mohamed Hasnudeen $13,000 --
Jordan Reginald $104,000 --
Mathews Freddy Lee $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinal Hernan A $179,800
Previous Owner Mccown Stuart T $82,500
Previous Owner Thornton Kenneth A $100,000
Previous Owner Jordan Reginald $98,800
Previous Owner Mathews Freddy Lee $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold -- -- --
08/03/2022 08/03/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $245,000 -3.0% $60 / Sq Ft
06/18/2022 06/18/22 For Sale $252,500 0.0% $62 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $252,500 -1.0% $62 / Sq Ft
06/01/2022 06/01/22 For Sale $255,000 +96.2% $62 / Sq Ft
05/04/2016 05/04/16 Sold -- -- -- View Prior Sale
03/17/2016 03/17/16 Pending -- -- --
10/25/2015 10/25/15 For Sale $130,000 +13.0% $36 / Sq Ft
11/22/2013 11/22/13 Sold -- -- -- View Prior Sale
10/08/2013 10/08/13 Pending -- -- --
07/27/2011 07/27/11 For Sale $115,000 -- $28 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

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 $3,110 $22,780 $1,100 $21,680
2023 $2,823 $22,780 $1,100 $21,680
2022 $1,532 $12,100 $1,100 $11,000
2021 $1,506 $12,100 $1,100 $11,000
2020 $1,492 $12,100 $1,100 $11,000
2019 $1,421 $11,000 $1,000 $10,000
2018 $1,404 $11,000 $1,000 $10,000
2017 $1,404 $11,000 $1,000 $10,000
2016 $1,095 $8,550 $1,000 $7,550
2015 $1,094 $8,550 $1,000 $7,550
2014 $1,073 $8,550 $1,000 $7,550
2013 -- $7,700 $1,000 $6,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jesse Benedetto

    Pennant Real Estate

    (225) 614-7885

    8 in this area

    131 Total Sales

    Jesse Benedetto
    Section Image
  • Donna Kliebert

    Buyer's Agent in 2022

    Donna Kliebert

    Engel & Volkers Baton Rouge

    (225) 936-2905

    4 in this area

    8 Total Sales

    Donna Kliebert
    Section Image

  • T

    Seller's Agent in 2016

    Travis Thornton

    Century 21 Investment Realty

    (225) 291-2121

    8 Total Sales

    Travis Thornton
    Section Image
  • David Vercher

    Buyer's Agent in 2016

    David Vercher

    KW Commercial Baton Rouge

    (225) 768-1814

    6 in this area

    75 Total Sales

    David Vercher
    Section Image
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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2022008320

Greater Baton Rouge Association of REALTORS®

APN: 01688847

Louisiana E Baton Rouge Parish Baton Rouge 70810

8572 Rush Ave, Baton Rouge, LA

Not Listed for Sale

MultiFamily

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