406 E Sixth Ave Oberlin, LA 70655
Estimated Value: $34,000 - $46,605
--
Bed
--
Bath
800
Sq Ft
1970
Built
Highlights
- Cooling System Mounted To A Wall/Window
- Energy-Efficient Appliances
- Heating System Uses Natural Gas
About This Home
As of December 2024Charming 2-bed, 1-bath property for sale, currently rented, ideal for investors. Conveniently located, this home offers steady rental income and future appreciation potential. Don't miss this excellent investment opportunity!
Property Details
Home Type
- Condominium
Year Built
- 1970
Home Design
- Pillar, Post or Pier Foundation
Kitchen
- Oven
- Range
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Natural Gas Connected
Additional Features
- Energy-Efficient Appliances
- Property fronts a highway
- City Lot
Community Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $7,200
- Net Operating Income $600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2024
Closed on
Dec 31, 2024
Sold by
He Enterprises Llc
Bought by
Trentyn Richards Property Management Llc
List Price
$55,000
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%
Original Mortgage
$29,750
Outstanding Balance
$29,545
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
$10,606
Purchase Details
Closed on
Dec 18, 2023
Sold by
Stewart Fredrick Dwayne
Bought by
He Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 2020
Sold by
Stewart Thalia and Stewart Fredrick D Wayne
Bought by
Stewart Thalia and Stewart Fredrick D Wayne
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trentyn Richards Property Management Llc | $35,000 | Reliant Title Llc | |
| Trentyn Richards Property Management Llc | $35,000 | Reliant Title Llc | |
| He Enterprises Llc | $20,000 | None Listed On Document | |
| Stewart Thalia | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trentyn Richards Property Management Llc | $29,750 | |
| Closed | Trentyn Richards Property Management Llc | $29,750 | |
| Previous Owner | He Enterprises Llc | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | -- | -- | -- |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $55,000 | -- | $69 / Sq Ft |
Source: Southwest Louisiana Association of REALTORS®
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 | $592 | $3,000 | $200 | $2,800 |
| 2023 | $599 | $3,000 | $200 | $2,800 |
| 2022 | $603 | $3,000 | $200 | $2,800 |
| 2021 | $600 | $3,000 | $200 | $2,800 |
| 2020 | $602 | $3,000 | $200 | $2,800 |
| 2019 | $607 | $3,000 | $200 | $2,800 |
| 2018 | $613 | $3,000 | $200 | $2,800 |
| 2017 | $612 | $3,000 | $200 | $2,800 |
| 2015 | $11 | $3,000 | $200 | $2,800 |
| 2013 | $11 | $3,000 | $200 | $2,800 |
Source: Public Records
Map
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL24003585
APN: 011-0072309
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