306 7th Ave Oberlin, LA 70655
Estimated Value: $35,000 - $141,000
About This Home
As of October 2024**Investment Opportunity: Well-Maintained with Rental Income and Expansion Potential** Discover a fantastic investment opportunity with this charming home, offering both immediate rental income and additional income potential. This property features 2-bedrooms, 2-bathroom, and provides comfortable living space to those currently occupying it. **Current Income:** $600 per month in rental income Home is well-maintained including a cozy living area, functional kitchen, and comfortable bedrooms. The property is situated in a desirable location with easy access to local amenities, and key business areas. This presents a unique chance to secure a property with reliable income while exploring additional revenue streams. Don't miss this opportunity to invest in a well-located property!
Property Details
Home Type
- Multi-Family
Year Built
- 2017
Lot Details
- 0.49 Acre Lot
- Corner Lot
Home Design
- Property Attached
Additional Features
- City Lot
- Central Heating and Cooling System
Community Details
Overview
- Cole & Sartor Sub Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $7,200
- Net Operating Income $7,200
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saltwater Etc Llc | $165,000 | Reliant Title Llc |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | -- | -- | -- |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 08/17/2024 08/17/24 | For Sale | $55,000 | -- | $50 / Sq Ft |
Tax History Compared to Growth
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 | $1,373 | $6,960 | $800 | $6,160 |
| 2023 | $999 | $5,000 | $800 | $4,200 |
| 2022 | $1,005 | $5,000 | $800 | $4,200 |
| 2021 | $1,000 | $5,000 | $800 | $4,200 |
| 2020 | $1,004 | $5,000 | $800 | $4,200 |
| 2019 | $1,011 | $5,000 | $800 | $4,200 |
| 2018 | $1,022 | $5,000 | $800 | $4,200 |
| 2017 | $1,020 | $5,000 | $800 | $4,200 |
| 2015 | $466 | $2,370 | $800 | $1,570 |
| 2013 | $660 | $3,220 | $800 | $2,420 |
Map
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL24004826
APN: 011-0057735