14 June 2007

rod noles radio notes 13 june 2007

excerpts from this weeks rod noles cenla economic update email
note: click here to listen to rod noles wednesday real estate update podcast on ksyl.com

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Prices continue healthy increase in local market, we are not isolated but are insulated.

St. Andrews near $400,000 two sales Elbert G & Dorothy T Fuqua (3002 Old Marksville Hwy, Pineville, LA 71360) to Enrico C Bunyog, II (1908 Eric St., Winnfield, LA 71483) - Lot 73, St. Andrews Links Estates, Phase 2, et al (236 Links Dr., Alex., LA 71303), $373,890.00

Elite Development (300 Wilderness Dr., Boyce, LA 71409) to Michael J Santos & Michelle L Veras (249 Links Dr., Alex., LA 71303) - Lot 48, St. Andrews Links Estates, Phase Two, $375,000.00

West Pointe over $300,000 Elite Development, LLC (300 Wilderness Dr., Boyce, LA 71409) to Leila K Dablan (6437 Bayou Crossing Dr., Alex., LA 71303) - Lot 279, West Pointe on the Bayou, Phase XI (6437 Bayou Crossing Dr., Alex., LA 71303), $310,792.00

Martin Park over $250,000 Lonnie W Lambert, et al (1241 Texas Ave., Alex., LA 71301) to Adair S Williams (300 Lakeshore Parkway, New Orleans, LA 70124) - Lot 8, Sq B, Martin Park Subd. (3916 Pecan Dr., Alex., LA 71302), $251,000.00

Fairway Estates near $350,000 Caroyl D & Marilyn L Bryan (301 Western Hills Road, Boyce, LA 71409) to James A Hodges, Jr. & Sharon S Hodges (1526 Masters Dr., Pineville, LA 71360) - Lot 4, Fairway East Subd., Unit II, $346,500.00

Third set of 8 condos each prices near $135,000 to $152,000 Brittain & White Construction (5521 Jackson St., Alex., LA 71303) to Paul W Kyle, III & Frances N Kyle (412-F Ansley Blvd., Alex., LA 71303) - Unit 412-F, Cypress Point at Lake District Condominium (412-F Ansley Blvd., Alex., LA 71303), $134,500.00 / Brittain & White Construction (5521 Jackson St., Alex., LA 71303) to John M & Lisa K Edenfield (421-H Ansley Blvd., Alex., LA 71303) - Unit 412-H, Cypress Point at Lake District Condominiums (412-H Ansley Blvd., Alex., LA 71303), $152,000.00

Clermont $350,000 and better : John W & Roma L Allison (117 McKamy, Denton, TX 76207) to Andrew P & Kelly D Texada (5205 St. Germain Blvd., Alex., LA 71303) - Lot 7, Blk 1, Clermont Estates (5205 St. Germain Blvd., Alex., LA 71303), $350,000.00

Tennyson Oakes $825,000 John and Eva Rodth / Mary Jo sold the home second house this year North of $800,000 in that subdivision. John T & Eva G Rodth (P O Box 12275, Alex., LA 71315) to Bassam & Eliane A Abi-Rached (6714 Tennyson Oaks Lane, Alex., LA 71301) - Lots 4 & 5, Tennyson Oaks Subd. (6714 Tennyson Oaks Lane, Alex., LA 71301), $822,500.00

Jackson street. The development in front of Mac's will be the homes of Dagwoods, Run Wild, and our store SMOOTHIE KING.

Counter Culture now open, Lee Marlow moved here from Shreveport.

Mason Place horseshoe and Masonic Sidney Gremillion Condos and flats, deal I wish we would have bought

Church news is biggest news of the week good sign for two reasons

Donahue family church buys cowboy town $4.9 million

Mount Herman Baptist Church of Taylor Hill, Lena Station, LA (756 Old Hwy. 1 N, Lena, LA 71477) to Evangeline Bank (3700 Jackson St., Alex., LA 71303) - 5.805 acres in Sec 13, T5NR4W (756 Old Hwy. 1 N, Lena, LA 71447), $500,000.00

$325,000 Masonic drive Gary McKay and Randy Perego

Congregation of The College Drive Baptist Church, Inc. (1400 College Dr., Pineville, LA 71360) to Louisiana College (1140 College Dr., Pineville, LA 71360) - Lot 4, Sq 1, Ware Addn. (209 Ware St., Pineville, LA 71360), $111,000.00

Jakes, Gus Kaplan Building blue cliff college, petron landlord

Lowes at Kingscountry hope that deal goes through

Water tower at Kingscounty quite a site

Like to begin session on street names, if you have interesting story email me. “this week emberly oaks doug and Liz entrance to Tennyson Oaks.

This deal is no bull B.S.C. Livestock Sales (3500 Lower Third St., Alex., LA 71302) to Dominique & Miller Livestock Market (704 W Gloria Switch Road, Lafayette, LA 70507) - 5.186 acres in Sec 3, T4NR1W, et al, $200,000.00

Government buys more land big sale: Edward S & Yvonne D Stokes (P O Box 447, Sterlington, LA 71280) to Saline Wildlife Properties (103 Forest St., Lafayette, LA 70501) - 26.54 acres in Sec 1, T4NR3E, $889,222.50 $33,000 per acre, where and what? Loan appears it is not the government, might include some improvements Saline Wildlife Properties (103 Forest St., Lafayette, LA 70501) to LA Federal Land Bank Assoc. (P O Box 4806, Monroe, LA 71211) - 26.54 acres in Sec 1, T4NR3E, et al, $900,000.00

Best deal of the week: Alvin Mykoff 5.65 acres woodworth $300,000, bank, apartments, small shopping center

Sunday show a blast: Steve said that the 4 main performers were the following: , steve Cook, James Hill, Kathryn Pears,Darryl Voelker

Lake District buys more land Charles D & Glenda S Olson (P O Box 12422, Alex., LA 71315) to The Lake District, LLC (P O Box 12487, Alex., LA 71315) - Lot A, Eskew Park, Phase I, $650,000.00 hesni selling agent david moss listing agent at Matt Ritchie’s

Missy Wagner Chadwick 1st big commercial deal: cross sale Kathy Smith with Buelow Miller

Sale price: $800,000 / Building Sq. Ft.: 18,232 / Price psf = $44.00 / Parcel size : 1.58 acres Ball Enterprises (420 Shanghai Road, Pineville, LA 71360) to The Smith Family Trust (322 Brooks Road, Jonesville, LA 71343) - Tract in Sec 7, T4NR1E (2850 Hwy. 28 E, Pineville, LA 71360), $800,000.00 The Smith Family Trust (322 Brooks Road, Jonesville, LA 71343) to Silver Hill Financial (4425 Ponce de Leon Blvd., 3rd Floor, Coral Gables, FL 33146) - Tract in Sec 7, T4NR1E (2850 Hwy. 28 E, Pineville, LA 71360), $600,000.00

Aubrey mansour’s last sale moved to NO. JCS, LLC (819 Burgundy St., New Orleans, LA 70116) to Palmer Grant Corp. (9233 Seward Road, Fairfield, OH 45014) - 1.81 acres in Sec 36, T5NR1W, $75,000.00

Another Bonnette Auction June 30th reminder to buy 10% buyer’s premium, go see the property can use your realtor must register prior to sale, Did someone locally buy Napoleon’s sword estimate value $1.6 million

Ronnie Prices sells his auto part business in Pineville, Kudos to Ronnie and Roxann

Dollar General sale in Tioga 8.5% cap rate. D'Argent Properties (125 Earl Linzay Road, Forest Hill, LA 71430) to Richard M Hill, et al (2755 Fairway Dr., Baton Rouge, LA 70809) - 1.186 acres in Sec 26, T5SR1W, $720,000.00 could this be a Dollar General ???

There is a "For Lease" sign on the old Gate/Citgo Station that was recently sold.
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