NOT LISTED FOR SALE

306 7th Ave Oberlin, LA 70655

Estimated Value: $39,000 - $107,879

Studio
-- Bath
1,100 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2024

Current estimated payment $599 / mo

48 Days on Market

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!

Last Agent to Sell the Property

Jessica Landry

EXIT Bayou Realty License #995710927 Listed on: 08/19/2024

Last Buyer's Agent

Jessica Landry

EXIT Bayou Realty License #995710927 Listed on: 08/19/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • 2017

Lot Details

  • 21,344 Sq Ft 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

Property Details

Home Type

Multi-Family

Year Built

2017

Lot Details

0.49 Acres

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: Corner Lot, City Lot
  • LotSizeAcres: 0.49
  • Lot Size: irregular
  • Co List Office Phone: 337-905-9000
  • Special Conditions: Standard
  • Subdivision Name: Cole & Sartor Sub
  • Directions: North on Hwy 165, right on 6th Avenue/Hwy 26 east, left on 10th, property on corner of 10th and 7th
  • Has Cooling?: Yes
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 35000.0
  • Special Features: None
  • Stories: 1
  • Year Built: 2017

Interior Features

  • Number Of Buildings: 1

Utilities

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.4
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Annual Gross Income: 7200.0
  • Property Net Operating Income: 7200.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 18, 2024
Sold by
Bought by
Seller's Agent
Jessica Landry
EXIT Bayou Realty
Buyer's Agent
Jessica Landry
EXIT Bayou Realty
List Price
$55,000
Current Estimated Value
$81,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$165,000 Reliant Title Llc
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Southwest Louisiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,872 $9,480 $800 $8,680
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
Source: Public Records

Agents Affiliated with this Home

  • Jessica Landry

    Seller's Agent in 2024

    Jessica Landry

    EXIT Bayou Realty

    (985) 966-5377

    186 Total Sales

    Jessica Landry
    Section Image
See All Agents

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004826

APN: 011-0057735

Louisiana Allen Parish Oberlin 70655

306 7th Ave, Oberlin, LA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.