ComparativeMarket Analysis4547 Alvin Dark Avenue, Baton Rouge,Louisiana 70820Courtney's CMAOCTOBER 16, 2024Brian MackeyEngel & Voelkers Baton Rouge
Map of Comparable ListingsSTATUS:S= SOLDS= SOLD - CLOSEDA= ACTIVEMLS # STATUS ADDRESS BEDS BATHS PRICE1 Subject 4547 Alvin Dark Ave 5 4.00 -2 2020014340S4555 Alvin Dark Ave - 0/0 $210,0003 2021012822S4536 Earl Gros Ave - 0/0 $220,0004 2023016427S4547 Alvin Dark Ave - 0/0 $207,9005 2024009363A4702 Earl Gros Ave - 0/0 $260,0006 2024017798A4555 Alvin Dark Ave - 0/0 $340,000Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com2
Summary of Comparable PropertiesS SOLD LISTINGSADDRESS SOLD DATE BEDS BATHS SOLD PRICE4555 Alvin Dark Ave 4/23/21 - 0/0 $210,0004536 Earl Gros Ave 8/9/21 - 0/0 $220,0004547 Alvin Dark Ave 11/13/23 - 0/0 $207,900Averages $212,633A ACTIVE LISTINGSADDRESS SOLD DATE BEDS BATHS PRICE4702 Earl Gros Ave - - 0/0 $260,0004555 Alvin Dark Ave - - 0/0 $340,000Averages $300,000Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com3
4555 Alvin Dark Ave Baton Rouge, LA 70820 MLS #2020014340$210,000Beds 0/0 Baths Days on market: 148SOLD4/23/21Days on market: 148DetailsProp Type: Fourplex (4 Units)County: EAST BATON ROUGEArea: EBR MLS Area 52Subdivision: Tigerland AcresLot Dim: 65 ' x 150'Lot Size (sqft):List date: 9/6/20Sold date: 4/23/21Off-market date: 3/15/21Updated: Apr 26, 2021 10:47AMList Price: $210,000Orig list price: $200,000List/Sqft: $58Sold/Sqft: $58School District: East BatonRougeFeaturesEquipment: Ceiling Fans Apx Total Sq Ft: 3648 Cncssns: 5000RemarksAWESOME INVESTMENT OPPORTUNITY 4 PLEX REALLY CLOSE TO LSU CAMPUS!!!! WALKING DISTANCE FROMCAMPUS!!!Courtesy of Coldwell Banker ONEInformation is deemed reliable but not guaranteed.Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com4
4555 Alvin Dark Ave Baton Rouge, LA 70820 MLS #2020014340$210,000Beds 0/0 Baths Days on market: 148SOLD4/23/21Days on market: 148Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com5
4536 Earl Gros Ave Baton Rouge, LA 70820 MLS #2021012822$220,000Beds 0/0 Baths Days on market: 0SOLD8/9/21Days on market: 0DetailsProp Type: Fourplex (4 Units)County: EAST BATON ROUGEArea: EBR MLS Area 52Subdivision: Tigerland AcresLot Dim: 65 x 140Lot Size (sqft):List date: 8/9/21Sold date: 8/9/21Off-market date: 8/9/21Updated: Aug 9, 2021 1:07AMList Price: $220,000Orig list price: $220,000School District: East BatonRougeFeaturesCncssns: 1500RemarksGreat Investment Property close to LSU.Courtesy of Regency Real Estate LLCInformation is deemed reliable but not guaranteed.Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com6
4536 Earl Gros Ave Baton Rouge, LA 70820 MLS #2021012822$220,000Beds 0/0 Baths Days on market: 0SOLD8/9/21Days on market: 0Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com7
4536 Earl Gros Ave Baton Rouge, LA 70820 MLS #2021012822Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com8
4547 Alvin Dark Ave Baton Rouge, LA 70820 MLS #2023016427$207,900Beds 0/0 Baths Days on market: 0SOLD - CLOSED11/13/23Days on market: 0DetailsProp Type: Fourplex (4 Units)County: EAST BATON ROUGEArea: EBR MLS Area 52Subdivision: Tigerland AcresLot Dim: 73 x 150Lot Size (sqft):List date: 10/3/23Sold date: 11/13/23Off-market date: 10/3/23Updated: Nov 13, 2023 4:13PMList Price: $210,000Orig list price: $210,000List/Sqft: $55Sold/Sqft: $55School District: East BatonRougeFeaturesApx Total Sq Ft: 3800RemarksGreat Investment Opportunity to own a Fourplex just minutes from LSU! Located on LSU bus route. Building consists ofThree 1 Bedroom 1 Full Bath units, and ONE 2 Bed 1 Full Bath unit. 3 Units currently occupied for a current gross monthlyincome of $1950 per month with potential for additional $750 once the 2 bedroom is rented. Potential Gross MonthlyIncome of $2700! No showings until offer accepted. Do not disturb residents. Make offers subject to inspection.Courtesy of Southland Properties IncInformation is deemed reliable but not guaranteed.Photo not availableComparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com9
4702 Earl Gros Ave Baton Rouge, LA 70820 MLS #2024009363$260,000Beds 0/0 Baths Days on market: 154ACTIVE5/15/24Days on market: 154DetailsProp Type: Fourplex (4 Units)County: EAST BATON ROUGEArea: No AreaSubdivision: Tigerland AcresLot Dim: 148x65Lot Size (sqft):List date: 5/15/24Updated: May 31, 2024 3:03PMList Price: $260,000Orig list price: $260,000List/Sqft: $71School District: East BatonRougeFeaturesApx Total Sq Ft: 3680RemarksThis is a 4plex in Tigerland. It needs some work, but it could be a good income generating property for the right investor.The unit mix is 3 (1/1) and 1 (2/1).Courtesy of Castro Real Estate Services, LLCInformation is deemed reliable but not guaranteed.Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com10
4702 Earl Gros Ave Baton Rouge, LA 70820 MLS #2024009363$260,000Beds 0/0 Baths Days on market: 154ACTIVE5/15/24Days on market: 154Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com11
4555 Alvin Dark Ave Baton Rouge, LA 70820 MLS #2024017798$340,000Beds 0/0 Baths Days on market: 25ACTIVE9/21/24Days on market: 25DetailsProp Type: Fourplex (4 Units)County: EAST BATON ROUGEArea: EBR MLS Area 52Subdivision: Tigerland AcresLot Dim: 65x150Lot Size (sqft):List date: 9/21/24Updated: Oct 2, 2024 8:48AMList Price: $340,000Orig list price: $340,000List/Sqft: $93School District: East BatonRougeFeaturesEquipment: Ceiling Fans,Individual Meter, SmokeDetectorApx Total Sq Ft: 3648RemarksIncredible investment opportunity! This 4-plex is located just minutes from the LSU campus and currently boasts 100%occupancy. It features three 1BR/1BA units and one 2BR/1BA unit. Each unit comes equipped with a range/oven,dishwasher, and refrigerator. The common area includes a storage closet for each unit and access to a washer and dryerfor tenant convenience. Each unit has covered parking, plus theres ample visitor parking available. All 4 A/C units insideand out NEW in 2023. NEW seamless gutters with lifetime warranty. This property can be sold individually or as part of aPortfolio sale, which includes: 2024017778-39021 PRAIRIE SOUTH DR, 2024017795-8644 PASCAGOULA DR,2024017797-9454-9456 EL SCOTT AVE, 2024017798-4555 ALVIN DARK AVE, 2024017807-566 S FLANNERY RDComparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com12
Courtesy of Parish & County Properties LLCInformation is deemed reliable but not guaranteed.Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com13
4555 Alvin Dark Ave Baton Rouge, LA 70820 MLS #2024017798$340,000Beds 0/0 Baths Days on market: 25ACTIVE9/21/24Days on market: 25Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com14
4555 Alvin Dark Ave Baton Rouge, LA 70820 MLS #2024017798Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com15
Comparable Property StatisticsS 3 Sold ListingsA 2 Active ListingsLOWEST$207,900AVERAGE$212,633HIGH$220,000AVG PRICE / SQFTAVG DOM148LOWEST$260,000AVERAGE$300,000HIGH$340,000AVG PRICE / SQFTAVG DOM90Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com16
Sold Property AnalysisAverages101.33%Homes sold for an average of 101.33% of their list price.148Days on marketIt took an average of 148 days for a home to sell.AnalysisADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM4555 Alvin Dark Ave $200,000 $210,000 105.00% 1484536 Earl Gros Ave $220,000 $220,000 100.00% -4547 Alvin Dark Ave $210,000 $207,900 99.00% -Averages $210,000 $212,633 101.33% 148Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com17
Average Price Per Sq Ft$0Sqft.Comparable homes sold for an average of $0 / sq. ft. Many factors such aslocation, use of space, condition, quality, and amenities determine the marketvalue per square foot, so reviewing each comp carefully is important.ADDRESS STATUS SOLD PRICE SQ. FT. $/SQ.FT1 4555 Alvin Dark Ave Sold $210,000 - -2 4536 Earl Gros Ave Sold $220,000 - -3 4547 Alvin Dark Ave Sold - Closed $207,900 - -4 4702 Earl Gros Ave Active - - -5 4555 Alvin Dark Ave Active - - -Averages $212,633 0 $0Comparative Market Analysis 4547 Alvin Dark Avenue, Baton Rouge, Louisiana 70820Brian MackeyEngel & Voelkers Baton RougeCell: 225-337-6363Brian.Mackey@evrealestate.com | www.bmackey.evgeaux.com18