NOT LISTED FOR SALE

902 Erion St Pineville, LA 71360

Estimated Value: $82,000 - $158,000

3 Beds
2 Baths
1,504 Sq Ft
$72/Sq Ft Est. Value

Last Sold April 26, 2023

Current estimated payment $631/month

14 Days on Market

About This Home

As of April 2023

Add to your Portfolio today! This property is located in the heart of Pineville. It's within walking distance of Louisiana Christian University. The property has two units and each unit is a 1 bed / 1 bath. Total cash flow for both units is $1275. This more than covers the "1% rule" that many investors are trying to find. Great rental property potential for college students or anyone else. You could buy the property, live in one side and rent out the other side. We also have lenders that can help get your financing set up if you're a first time investor that's trying to get things started.

Last Agent to Sell the Property

Candy Ross

Better Homes & Gardens Real Estate Rhodes Realty License #GCLRA:995709963 Listed on: 02/22/2023

Co-Listed By

John Walker

KELLER WILLIAMS REALTY CENLA PARTNERS License #GCLRA:0995692595

Last Buyer's Agent

MARIANA HEATON

Mariana Heaton License #GCLRA:995713837

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 101x52x101x52

Home Design

  • 1,504 Sq Ft Home
  • Duplex
  • Frame Construction
  • Asphalt Roof

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units
  • Ruby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-20-8160-31

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Duplex
  • Legal Description: E2 LOT 1, SQ 8, RUBY ADDN
  • Total Area: 1504
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Frame
  • Roof Type: Asphalt

Garage/Parking

  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Lot Info

  • Lot Size: 101x52x101x52
  • Parcel #: 24-20-8160-31

Rental Info

  • Electricity Paid By: Tenant
  • Water Paid By: Tenant

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 26, 2023
Sold by
Hipp Bryant Scott
Bought by
Dara Joshua J and Dara Aziza
Seller's Agent
Candy Ross
Better Homes & Gardens Real Estate Rhodes Realty
Buyer's Agent
MARIANA HEATON
Mariana Heaton
List Price
$80,000
Current Estimated Value
$108,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
Original Mortgage
$63,200
Outstanding Balance
$36,280
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$71,991
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
Dara Joshua J $79,000 Bayou Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dara Joshua J $63,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2023 04/26/23 Sold -- -- --
03/08/2023 03/08/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $80,000 -- $53 / Sq Ft
Source: Greater Central Louisiana REALTORS® Association

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 $830 $7,300 $500 $6,800
2023 $835 $7,300 $500 $6,800
2022 $516 $3,900 $500 $3,400
2021 $517 $3,900 $500 $3,400
2020 $517 $3,900 $500 $3,400
2019 $435 $3,900 $500 $3,400
2018 $449 $3,900 $500 $3,400
2017 $276 $2,400 $322 $2,078
2016 $314 $2,400 $322 $2,078
2015 $328 $2,400 $322 $2,078
2014 $331 $2,400 $322 $2,078
2013 $332 $2,400 $322 $2,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Central Louisiana REALTORS® Association

MLS Number: 170839

Greater Central Louisiana REALTORS® Association

APN: 24-020-08160-0031