NOT LISTED FOR SALE

8726 Elvin Dr Baton Rouge, LA 70810

Estimated Value: $306,000 - $332,000

20 Beds
8 Baths
4,000 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 28, 2019

Current estimated payment $1,929/month

64 Days on Market

About This Home

As of June 2019

This fully occupied, two-story multifamily unit is located just off of Burbank Drive in South Baton Rouge. This revenue-generating fourplex has convenient access to the Burbank Drive Walmart and Cypress Mounds Baseball Complex, and is surrounded by single-family and multifamily residential properties. The property is well maintained and presents a perfect opportunity for an investor seeking a property with a 5-digit NOI. - Fully leased - Two-story fourplex - $22,145.76 NOI

Last Agent to Sell the Property

Mathew Laborde

Elifin Realty License #0995694683 Listed on: 03/07/2019

Last Buyer's Agent

Isaac Jackson II

Residential Keys Real Estate LLC License #0995694877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,187

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 140

Parking

  • 8 Parking Spaces

Home Design

  • 4,000 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Vinyl Siding

Additional Features

  • Dishwasher
  • Central Heating and Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,187

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Fourplex (4 Units)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Kitchen Features: Dishwasher, Refrigerator
  • Estimated Total Sq Ft: 4000
  • List Price T Sq Ft: 51.25
  • Price Per Sq Ft: 52.25
  • Source Sq Ft: OWNER

Exterior Features

  • Foundation: Slab:Traditional Found
  • Siding: Vinyl Siding

Garage/Parking

  • Tot Park Spcs: 8

Utilities

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

Lot Info

  • Lot Number: 142
  • Acres: 0.18
  • Estimated Age: 21-30 Years
  • Lot Dimensions: 60 x 140
  • Mineral Rights: RESERVED

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
Mar 7, 2019
Closed on
Jun 28, 2019
Sold by
Hall Purcell Iii Alexander Holmes and Hall Purcell Rita
Bought by
Cadney Kimani Nantambu
Seller's Agent
Mathew Laborde
Elifin Realty
Buyer's Agent
Isaac Jackson II
Residential Keys Real Estate LLC
List Price
$205,000
Current Estimated Value
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$215,897
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 10, 2008
Sold by
Clark Henry J
Bought by
Purcell Alexander

Purchase Details

Closed on
Apr 4, 2003
Sold by
Blount Clint
Bought by
Clark Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2001
Sold by
Blount Blount Clint Douglas
Bought by
Mooring Capital Fund Llc
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
Cadney Kimani Nantambu $209,000 Home Title Company Llc
Purcell Alexander $175,000 --
Clark Henry $76,000 --
Mooring Capital Fund Llc $634 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadney Kimani N $216,000
Closed Cadney Kimani Nantambu $215,897
Previous Owner Clark Henry J $135,000
Previous Owner Clark Henry $60,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold -- -- --
05/10/2019 05/10/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $205,000 0.0% $51 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/07/2019 04/07/19 For Sale $205,000 0.0% $51 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $205,000 -- $51 / 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 $2,187 $24,900 $2,000 $22,900
2023 $2,187 $20,900 $2,000 $18,900
2022 $2,550 $20,900 $2,000 $18,900
2021 $2,504 $20,900 $2,000 $18,900
2020 $2,481 $20,900 $2,000 $18,900
2019 $1,333 $10,250 $1,500 $8,750
2018 $1,317 $10,250 $1,500 $8,750
2017 $1,317 $10,250 $1,500 $8,750
2016 $1,287 $10,250 $1,500 $8,750
2015 $1,257 $10,000 $1,500 $8,500
2014 $1,232 $10,000 $1,500 $8,500
2013 -- $10,000 $1,500 $8,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2019004500

Greater Baton Rouge Association of REALTORS®

APN: 03597164