$150,000
SOLD JUL 23, 2018
Last list price

906 Julia St New Iberia, LA 70560

-- Bed
-- Bath
-- Sq Ft
0.62 Acres

Recently Sold

About This Home

As of March 2020

Investor special! This trailer park offers a 14.9% capitalization rate. There are 14 available lots to be rented and 13 of 14 have very long term tenants in them. The 14th lot has a trailer that is owned by the seller and is included in the property. This could be rented at a higher than ''lot only'' rate, sold, moved, etc. The seller owns the deed to this trailer and it is part of the sale. Easy cash flow for the right investor. No new trailer permits are allowed in the City of New Iberia, but this one is grandfathered in.

Last Agent to Sell the Property

Sean Hettich

District South Real Estate Co. License #0995698219 Listed on: 06/17/2018

Last Buyer's Agent

Rhonda Hamic

Latter & Blum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $491

Home Design

  • Mobile Home Park
  • Siding

Parking

  • 14 Parking Spaces
  • Assigned Parking

Schools

  • Johnston-Hopkins Elementary School
  • Anderson Middle School
  • Westgate High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for broadband/internet access, cable/sat TV, electricity, gas, sewer, trash collection, water

Community Details

Overview

  • 14 Units

Building Details

  • Maintenance Expense $250
  • Other Expense $145
  • New Taxes Expense $480
  • Operating Expense $875
  • Gross Income $23,280
  • Net Operating Income $22,405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$491

Lot Details

0

Listing Details

  • Property Sub Type: Mobile Home Park
  • Prop. Type: Residential Income
  • Lot Size: See assessor
  • CapRate: 0.149366
  • Subdivision Name: None
  • Directions: Center St. from Hwy 90, left on E Admiral Doyle, right on Julia, park is down on the left.
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Other
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Other, Other Siding
  • Foundation Details: Other
  • Property Condition: Other - See Remarks

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 14

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Johnston-Hopkins
  • High School: Westgate
  • Middle Or Junior School: Anderson

Lot Info

  • Zoning: Residential

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 23280
  • Maintenance Expense: 250
  • Property Net Operating Income: 22405
  • Annual Operating Expense: 875

Tax Info

  • New Taxes Expense: 480
  • Tax Lot: Multiple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Mar 12, 2020
Sold by
Chaddick Chad L and Chaddick Shaunda L
Bought by
Chaddick Chad
Seller's Agent
Ted Daigle
EXP Realty, LLC
Buyer's Agent
Ted Daigle
EXP Realty, LLC
List Price
$360,000
Current Estimated Value
$309,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.66%
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 Type Sale Price Title Company
Grant Deed $290,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold -- -- --
02/04/2020 02/04/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $360,000 +140.0% --
07/23/2018 07/23/18 Sold -- -- --
06/18/2018 06/18/18 Pending -- -- --
06/17/2018 06/17/18 For Sale $150,000 -- --
Source: REALTOR® Association of Acadiana

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 $491 $5,566 $5,566 $0
2023 $506 $5,566 $5,566 $0
2022 $371 $5,566 $5,566 $0
2021 $372 $5,566 $5,566 $0
2020 $372 $5,566 $0 $0
2017 $356 $5,566 $4,266 $1,300
2016 $347 $5,566 $5,566 $0
2014 $502 $5,856 $5,856 $0
Source: Public Records

Agents Affiliated with this Home

  • Ted Daigle

    Seller's Agent in 2020

    Ted Daigle

    EXP Realty, LLC

    (337) 945-6763

    86 Total Sales

    Section Image

  • S

    Seller's Agent in 2018

    Sean Hettich

    District South Real Estate Co.

  • R

    Buyer's Agent in 2018

    Rhonda Hamic

    Latter & Blum

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 18006089

REALTOR® Association of Acadiana

APN: 0504757500

Louisiana Iberia Parish New Iberia 70560

906 Julia St, New Iberia, LA

This home is located at 906 Julia St, New Iberia, LA 70560 and is currently estimated at $150,000. 906 Julia St is a home located in Iberia Parish with nearby schools including Johnston Hopkins Elementary School, Anderson Middle School, and Westgate High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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