NOT LISTED FOR SALE

922 Lebeau St Arabi, LA 70032

Estimated Value: $344,796 - $468,000

8 Beds
4 Baths
2,992 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 01, 2022

Current estimated payment $2,595/month

109 Days on Market

Highlights

  • Balcony
  • Central Heating and Cooling System
  • Property is in excellent condition
  • Oversized Lot

About This Home

As of June 2022

RARE CASH COW 4 PLEX IN ARABI! FLOOD X! NEW ROOF (6 months old), central ac/heat, with 3 of the 4 units upgraded since 2019 and parking for 6 cars. All units are currently occupied, performing well, and on separate meters with tenants paying all utilities. Exceptional opportunity for investor or owner occupant. Large shed in the back could potentially be expanded for future coin operated laundry for additional income. Will not last long, Rents can be higher.

Last Agent to Sell the Property

ANTHONY HIETBRINK

REVE, REALTORS License #995699226 Listed on: 01/12/2022

REVE, REALTORS

Co-Listed By

Stephan Mock

REVE, REALTORS License #995693715

Last Buyer's Agent

KORTNEY ASEVEDO

Realty One Group Immobilia License #995706341

Realty One Group Immobilia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,229

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 62x107
  • Oversized Lot
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Additional Features

  • Balcony
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 70032922LEBEAUST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,229

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 62x107
  • Co List Office Mls Id: REVE01
  • Co List Office Phone: (504) 300-0700
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 55
  • Year Built: 2019
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2019

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2992.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Other, Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Excellent, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, Three or more Spaces

Utilities

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

Lot Info

  • Parcel #: 70032922LEBEAUST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Krise Breanna Lynn
Bought by
Parada Luis P
Current Estimated Value
$390,949

Purchase Details

Closed on
Oct 3, 2022
Sold by
Parada Luis P
Bought by
Krise Breanna Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
5.66%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 12, 2022
Closed on
Jun 1, 2022
Sold by
Vix Ocampo Emily and Vix Walter
Bought by
Parada Luis P and Parada Natalie E
Seller's Agent
ANTHONY HIETBRINK
REVE, REALTORS
Buyer's Agent
KORTNEY ASEVEDO
Realty One Group Immobilia
List Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%
Original Mortgage
$375,081
Interest Rate
5.1%
Mortgage Type
FHA
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
Parada Luis P -- None Listed On Document
Krise Breanna Lynn $380,000 Title Source
Parada Luis P $382,000 Title Source
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krise Breanna Lynn $373,117
Previous Owner Parada Natalie E $377,400
Previous Owner Parada Luis P $375,081
Previous Owner Tardo Properties Llc $140,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold -- -- --
05/02/2022 05/02/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $399,000 +22.8% $133 / Sq Ft
04/08/2019 04/08/19 Sold -- -- --
03/09/2019 03/09/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $325,000 +72.0% $68 / Sq Ft
03/02/2015 03/02/15 Sold -- -- --
01/31/2015 01/31/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $189,000 -- $39 / Sq Ft
Source: ROAM MLS

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
2025 $5,229 $34,380 $2,653 $31,727
2024 $5,229 $34,380 $2,653 $31,727
2023 $4,851 $34,380 $2,653 $31,727
2022 $4,851 $29,925 $1,080 $28,845
2020 $4,123 $29,925 $1,080 $28,845
2019 $4,281 $17,575 $1,080 $16,495
2018 $2,514 $17,575 $1,080 $16,495
2017 $2,514 $17,575 $1,080 $16,495
2016 $2,519 $17,575 $1,080 $16,495
2015 $2,471 $17,575 $1,080 $16,495
2014 $1,586 $11,280 $1,080 $10,200
2013 $1,523 $11,280 $1,080 $10,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2328435

APN: 20100110007C