$55,000
SOLD OCT 18, 2024
Last list price

308 7th Ave Oberlin, LA 70655

-- Bed
-- Bath
1,100 Sq Ft
0.49 Acres

Recently Sold

$50 Per Sq Ft

46 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 3-bedrooms, 1-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

Condominium

Est. Annual Taxes

$1,373

Year Built

1982

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: irregular
  • Co List Office Mls Id: 423
  • Co List Office Phone: 337-905-9000
  • Subdivision Name: Cole & Sartor Sub
  • Directions: North on Hwy 165, right on 6th Avenue/Hwy 26 east, left on 10th, right on 7th, home on left
  • Property Attached Yn: No
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Number Of Buildings: 1
  • Stories: 1

Utilities

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.4
  • Land Lease Expiration Date: 2025-02-01
  • 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

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 18, 2024
Sold by
Lmtl Llc
Bought by
Saltwater Etc Llc
Seller's Agent
Jessica Landry
EXIT Bayou Realty
Buyer's Agent
Jessica Landry
EXIT Bayou Realty
List Price
$55,000
Views
10
Current Estimated Value
$79,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.89%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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

Purchase History

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

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold -- -- --
10/04/2024 10/04/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $55,000 +120.0% $50 / Sq Ft
07/26/2016 07/26/16 Sold -- -- --
06/23/2016 06/23/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $25,000 -- $15 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History Compared to Growth

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 $1,373 $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

  • J

    Seller's Agent in 2024

    Jessica Landry

    EXIT Bayou Realty

  • C

    Seller's Agent in 2016

    Chad Carroll

    Compass-LC

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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004824

APN: 011-0057735

Louisiana Allen Parish Oberlin 70655

308 7th Ave, Oberlin, LA

This home is located at 308 7th Ave, Oberlin, LA 70655 and is currently estimated at $55,000, approximately $50 per square foot. This property was built in 1982. 308 7th Ave is a home located in Allen Parish with nearby schools including Oberlin Elementary School, Oberlin High School, and Oberlin Covenant Christian School.

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