$59,900
PENDING $5K PRICE DROP

1518 N Prater St Lake Charles, LA 70601

Estimated payment $403/month

Total Views 2,625
3 Beds
2 Baths
1,373 Sq Ft
$44 Price per Sq Ft

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Back Yard
  • No HOA
  • Heating System Uses Natural Gas

About This Home

Investor Special! This 3 bedroom, 2 bath home has been a reliable income producing property ready to add to your investment portfolio. This property offers a solid foundation for continued rental income and is ideal for investors seeking immediate cash flow. Seller is motivated to sell quickly- don't miss this opportunity to expand your portfolio with this turn key property.

Mackenzie Kraus

Compass-LC License #995717971 Listed on: 08/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • 1970

Lot Details

  • Lot Dimensions are 110x128
  • Corner Lot
  • Back Yard

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Moeling Sub Subdivision

Listing and Financial Details

  • Tax Block 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Lot Features: Back Yard, Corner Lot, City Lot
  • Lot Size: 110x128
  • Has View?: No
  • Has HOA?: No
  • Co List Office Phone: 337-540-3468
  • Special Conditions: Standard
  • Subdivision Name: MOELING SUB
  • Directions: From I10 East, head north on MLK Hwy. Turn Left on Moeling street then right on N. Prater street. Continue straight. Home will be located on Right side.
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Property Attached Yn: No
  • Structure Type: House
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Private Spa: No
  • Fireplace Features: None

Exterior Features

  • Has Private Pool?: No

Garage/Parking

  • Has Attached Garage?: No
  • Has Open Parking?: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Zoning Description: Residential

Tax Info

  • Tax Block: 1
  • Tax Tract: 000300

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

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 $1,010 $3,000 $810 $2,190
2023 $1,010 $3,000 $810 $2,190
2022 $345 $3,000 $810 $2,190
2021 $331 $3,000 $810 $2,190
2020 $356 $2,750 $780 $1,970
2019 $395 $2,940 $750 $2,190
2017 $334 $2,940 $750 $2,190
2016 $332 $2,940 $750 $2,190
2015 $332 $2,940 $750 $2,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Pending -- -- --
08/10/2025 08/10/25 Price Changed $59,900 -7.1% $44 / Sq Ft
08/02/2025 08/02/25 For Sale $64,500 -14.0% $47 / Sq Ft
02/25/2019 02/25/19 Sold -- -- -- View Prior Sale
01/15/2019 01/15/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $75,000 -- $55 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $35,000 Standard Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,000 Commercial
Source: Public Records

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25100345

APN: 00360732