NOT LISTED FOR SALE

508 Gilbert St Rayne, LA 70578

Estimated Value: $114,000 - $151,065

3 Beds
2 Baths
1,430 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 01, 2024

Current estimated payment $787/month

146 Days on Market

Highlights

  • Deck
  • Freestanding Bathtub
  • Covered Patio or Porch
  • South Rayne Elementary School Rated 9+
  • Cottage
  • Separate Outdoor Workshop

About This Home

As of March 2024

3 bed 2 bath cute home located at the end of dead end street property located in the town of Rayne. It has been updated in multiple areas. Vinyl plank flooring throughout. Claw foot tub in primary bath. Sitting on two city lots this home has a large backyard and large shed that has water and electricity. The custom playhouse will remain and underneath it is a fish pond that will also remain. Large deck that has been freshly pressure washed is ready for you and all of your entertaining needs. This one will qualify for 100% Rural development for those who qualify.
Come and take a look at what this one has to offer today!

Last Agent to Sell the Property

Lauren Meche

RE/MAX Acadiana License #0995684326 Listed on: 09/21/2023

Last Buyer's Agent

Blake Arceneaux

EXP Realty, LLC License #995713487

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Lot Details

  • Street terminates at a dead end
  • Wood Fence

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Vinyl Plank Flooring
  • Washer and Gas Dryer Hookup

Kitchen

  • Stove
  • Freezer
  • Dishwasher
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Freestanding Bathtub
  • Separate Shower

Parking

  • Carport
  • Open Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • South Rayne Elementary School
  • Armstrong Middle School
  • Rayne High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Gilbert Leblanc Add Subdivision

Listing and Financial Details

  • Tax Lot 79-80

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Horses: No
  • Lot Size: Lot 79 size:30 x 120, Lot 80 size 40 x 120
  • Subdivision Name: Gilbert Leblanc Add
  • Directions: From I - 10 exit in Rayne heading South along the Boulevard take a left on E Butler Street then a right on S Polk Street, a left on E Branch Street followed by a right on Barbara Street and then a left on Gilbert. House is on the right at the dead end.
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • List_136: 92.265089
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Freezer, Gas Range, Refrigerator, Gas Stove Con
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Separate Shower, Crown Molding, Double Vanity, Dual Closets, Master Bath, Standalone Tub, Walk-In Closet(s), Formica Counters
  • Living Area: 1430
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Wood
  • Lot Features: 0 to 0.5 Acres, Dead-End
  • Pool Private: No
  • Disclosures: Property Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Deck
  • Property Condition: 41 - 50 Years
  • Roof: Metal

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Carport, Open

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Electric: Elec: City
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public
  • Gas Company: Gas: Centerpoint

Schools

  • Elementary School: South Rayne
  • High School: Rayne
  • Middle Or Junior School: Armstrong

Tax Info

  • Tax Lot: 79-80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Mar 1, 2024
Sold by
Bourque Shelby St Germain & Jared Matthe
Bought by
Myers Katelin and Douet Clyde Joseph
Seller's Agent
Lauren Meche
RE/MAX Acadiana
Buyer's Agent
Blake Arceneaux
EXP Realty, LLC
List Price
$140,000
Views
141
Current Estimated Value
$138,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%
Original Mortgage
$121,500
Outstanding Balance
$119,468
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$19,048

Purchase Details

Listed on
Jan 16, 2018
Closed on
May 15, 2018
Sold by
Boudreaux John Chester and Boudreaux Rebecca Dupont
Bought by
St Germain Shelby and Bourque Jared
Seller's Agent
Jody Hornsby
Parish Realty Acadiana
Buyer's Agent
Lauren Meche
RE/MAX Acadiana
List Price
$122,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Myers Katelin $135,000 First American Title
Myers Katelin $135,000 First American Title
St Germain Shelby $117,500 Turnkey Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Katelin $121,500
Closed Myers Katelin $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold -- -- --
02/15/2024 02/15/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $138,500 -0.4% $97 / Sq Ft
12/05/2023 12/05/23 Price Changed $139,000 -0.7% $97 / Sq Ft
11/27/2023 11/27/23 For Sale $140,000 0.0% $98 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $140,000 0.0% $98 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $140,000 +14.8% $98 / Sq Ft
05/15/2018 05/15/18 Sold -- -- -- View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $122,000 -- $85 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $768 $9,710 $1,020 $8,690
2023 $809 $9,850 $1,020 $8,830
2022 $807 $9,850 $1,020 $8,830
2021 $807 $9,850 $1,020 $8,830
2020 $805 $9,850 $1,020 $8,830
2019 $802 $9,690 $1,000 $8,690
2018 $803 $9,690 $1,000 $8,690
2017 $318 $3,840 $800 $3,040
2016 $318 $3,840 $800 $3,040
2015 $315 $3,840 $800 $3,040
2014 $315 $3,840 $800 $3,040
2013 $315 $3,840 $800 $3,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23008661

REALTOR® Association of Acadiana

APN: 0170036860