Stephanie Spallino
EXP Realty, LLC
(629) 224-1486
32 Total Sales
7 in Rayne
$115K - $399K Price Range
408 Section Ave Rayne, LA 70578
Rayne AreaEstimated Value: $114,333
4
Beds
3
Baths
2,655
Sq Ft
$43/Sq Ft
Est. Value
Highlights
- Guest House
- 0.41 Acre Lot
- Corner Lot
- South Rayne Elementary School Rated 9+
- Traditional Architecture
- Covered Patio or Porch
About This Home
As of August 2025MOTIVATED SELLER! This homestead is situated on a great corner lot and has many possibilities! This is a fixer-upper and needs TLC! However, this could be an awesome opportunity for an innovative buyer who can see the potential! The home comes with 2 large living areas, 4 bedrooms, 3 bathrooms, large utility room and covered carport with workshop. The backyard is fenced with a large covered patio and trees. The guest house is equipped with a full kitchen and bath and can be rented as an additional income producing property with some renovation! The property can also be divided up into 2 homesteads, or one lot can be cleared for new townhouses. Many options...INVESTORS DON'T MISS THIS ONE!!!
Last Agent to Sell the Property
Coldwell Banker Trahan Real Estate Group License #000004107 Listed on: 06/16/2025
Last Buyer's Agent
Coldwell Banker Trahan Real Estate Group License #000004107 Listed on: 06/16/2025
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Home Details
Home Type
- Single Family
Lot Details
- 17,860 Sq Ft Lot
- Lot Dimensions are 160 x 120
- Gated Home
- Property is Fully Fenced
- Chain Link Fence
- Landscaped
- Corner Lot
- Level Lot
Parking
- 2 Car Garage
- 2 Carport Spaces
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 2,655 Sq Ft Home
- 1-Story Property
- Built-In Features
- Built-In Desk
- Bookcases
- Aluminum Window Frames
Kitchen
- Stove
- Dishwasher
- Formica Countertops
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Separate Outdoor Workshop
- Shed
Schools
- South Rayne Elementary School
- Armstrong Middle School
- Rayne High School
Additional Features
- Guest House
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 10, 12, 14, 16
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
Jun 16, 2025
Closed on
Aug 21, 2025
Sold by
Gautreaux Johanna Lynne
Bought by
Seller's Agent
Marsha Vining
Coldwell Banker Trahan Real Estate Group
Buyer's Agent
Marsha Vining
Coldwell Banker Trahan Real Estate Group
List Price
$85,000
Views
110
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
139.04%
Original Mortgage
$100,356
Outstanding Balance
$99,437
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$14,896
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rayne, LA
-
Stephanie Spallino
-
Robyn Eunice
Robyn Eunice
Dream Home Realty
(225) 384-5764
76 Total Sales
1 in Rayne
$65,000 Price
-
Ryan Petticrew
Ryan Petticrew
Keller Williams Realty Acadiana
(337) 520-8162
84 Total Sales
1 in Rayne
$174,000 Price
-
William Landry
William Landry
Keller Williams Realty Acadiana
(337) 486-3451
51 Total Sales
3 in Rayne
$18K - $74K Price Range
-
Fred Arsement
Fred Arsement
Keller Williams Realty Acadiana
(337) 267-8879
84 Total Sales
2 in Rayne
$20K - $178K Price Range
-
Viki Falgout
Viki Falgout
EXP Realty, LLC
(337) 267-8391
57 Total Sales
2 in Rayne
$187K - $300K Price Range
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 |
|---|---|---|---|
| $45,000 | None Listed On Document |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $100,356 |
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 |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Sold | -- | -- | -- |
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 08/07/2025 08/07/25 | For Sale | $85,000 | 0.0% | $32 / Sq Ft |
| 08/02/2025 08/02/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | Price Changed | $85,000 | -10.5% | $32 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $95,000 | -13.6% | $36 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $110,000 | -12.0% | $41 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $125,000 | -- | $47 / Sq Ft |
Source: REALTOR® Association of Acadiana
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 | $1,132 | $14,260 | $1,830 | $12,430 |
| 2024 | $1,128 | $14,260 | $1,830 | $12,430 |
| 2023 | $1,189 | $14,480 | $1,830 | $12,650 |
| 2022 | $1,186 | $14,480 | $1,830 | $12,650 |
| 2021 | $1,186 | $14,480 | $1,830 | $12,650 |
| 2020 | $1,184 | $14,480 | $1,830 | $12,650 |
| 2019 | $1,178 | $14,230 | $1,800 | $12,430 |
| 2018 | $1,179 | $14,230 | $1,800 | $12,430 |
| 2017 | $1,179 | $14,230 | $1,800 | $12,430 |
| 2016 | $1,178 | $14,230 | $1,800 | $12,430 |
| 2015 | $1,169 | $14,230 | $1,800 | $12,430 |
| 2014 | $1,169 | $14,230 | $1,800 | $12,430 |
| 2013 | $1,169 | $14,230 | $1,800 | $12,430 |
Source: Public Records
Agents Affiliated with this Home
-
Marsha Vining
MV
Seller's Agent in 2025
Marsha Vining
Coldwell Banker Trahan Real Estate Group
(337) 849-5234
16 Total Sales
Map
Source: REALTOR® Association of Acadiana
MLS Number: 2500000335
APN: 0170234100
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.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate.
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