$50,000
SOLD DEC 5, 2024
Last list price

316 W 4th Ave Oberlin, LA 70655

-- Bed
-- Bath
1,050 Sq Ft
0.52 Acres

Recently Sold

$48 Per Sq Ft

8 Days on Market

About This Home

As of December 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, 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: 08/16/2024

Last Buyer's Agent

Cassandra Pryor

Executive Total Realty, LLC License #995696525

Property Details

Home Type

Condominium

Est. Annual Taxes

$608

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
  • Directions: North on Hwy 165, left on 4th Avenue, property on right
  • Property Attached Yn: Yes
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Number Of Buildings: 1
  • Stories: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22651.2
  • 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: 600.0
  • 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 16, 2024
Closed on
Dec 5, 2024
Sold by
Lmtl Investments Llc
Bought by
Bellard Salinda Marie Jack
Seller's Agent
Jessica Landry
EXIT Bayou Realty
Buyer's Agent
Cassandra Pryor
Executive Total Realty, LLC
List Price
$50,000
Views
2
Current Estimated Value
$50,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%

Purchase Details

Closed on
Dec 6, 2005
Sold by
Fontenot Patricai and Erwin Renee Richard
Bought by
Oberin Rentals Llc
Source: Public Records

Range of Values:

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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 $50,000 Bayou Title
Deed $50,000 Bayou Title
Cash Sale Deed $43,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold -- -- --
08/24/2024 08/24/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $50,000 -- $48 / 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 $608 $3,080 $470 $2,610
2023 $615 $3,080 $470 $2,610
2022 $619 $3,080 $470 $2,610
2021 $616 $3,080 $470 $2,610
2020 $618 $3,080 $470 $2,610
2019 $623 $3,080 $470 $2,610
2018 $630 $3,080 $470 $2,610
2017 $629 $3,080 $470 $2,610
2015 $606 $3,080 $470 $2,610
2013 $881 $4,300 $470 $3,830
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jessica Landry

    EXIT Bayou Realty

  • C

    Buyer's Agent in 2024

    Cassandra Pryor

    Executive Total Realty, LLC

See All Agents

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004836

APN: 011-0029140

Louisiana Allen Parish Oberlin 70655

316 W 4th Ave, Oberlin, LA

This home is located at 316 W 4th Ave, Oberlin, LA 70655 and is currently estimated at $50,000, approximately $47 per square foot. This property was built in 1982. 316 W 4th Ave is a home located in Allen Parish with nearby schools including Oberlin Elementary School, Oberlin High School, and Oberlin Covenant Christian School.

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.

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