NOT LISTED FOR SALE

514 4th St Rayne, LA 70578

Estimated Value: $114,000 - $127,000

3 Beds
1 Bath
1,313 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2025

Current estimated payment $670 / mo

44 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Wood Siding
  • South Rayne Elementary School Rated 9+
  • 1 Car Detached Garage
  • 2-minute walk to Southside Park and Community Center

About This Home

As of March 2025

Until recently, this home was occupied as a profitable rental home investment. With some TLC, this home can be a great investment either for yourself, or your rental portfolio.

Last Agent to Sell the Property

Kody Romero

Rayne Realty Co, Inc License #995706775 Listed on: 12/17/2024

Last Buyer's Agent

Kody Romero

Rayne Realty Co, Inc License #995706775 Listed on: 12/17/2024

Home Details

Home Type

  • Single Family

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,313 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Schools

  • Central Rayne Elementary School
  • Armstrong Middle School
  • Rayne High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.11
  • Lot Size: 40 x 120
  • Road Frontage Type: City Street, Paved
  • Subdivision Name: None
  • Directions: From I-10, head South along The Blvd and continue onto N Adams and over the train tracks at the redlight. Take a right (heading West) and travel along American Legion Drive. Turn left (heading South) onto 4th Street. The home is on the South corner on the West side of 4th Street on the 500 block.
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • List_136: 92.272976
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 1313

Exterior Features

  • Lot Features: 0 to 0.5 Acres
  • Pool Private: No
  • Home Warranty: No
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 41 - 50 Years
  • Roof: Asbestos Shingle

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport, Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Electric: Elec: City
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Gas: Centerpoint

Schools

  • Elementary School: Central Rayne
  • Junior High Dist: Acadia Parish
  • High School: Rayne
  • Middle Or Junior School: Armstrong

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Mar 26, 2025
Sold by
J & A Prevost Properties Llc
Bought by
Lafleur Tilman James and Lafleur Nora Aileen
Seller's Agent
Kody Romero
Rayne Realty Co, Inc
Buyer's Agent
Kody Romero
Rayne Realty Co, Inc
List Price
$45,955
Views
33
Current Estimated Value
$121,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.91%
Original Mortgage
$68,000
Outstanding Balance
$66,757
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$54,940

Purchase Details

Closed on
Dec 14, 2021
Sold by
Prevost James Stephen and Prevost Aileen Harringto
Bought by
J & A Prevost Properties Llc

Purchase Details

Closed on
Dec 14, 2015
Sold by
Marks Chad Damian
Bought by
Harrington Prevost James Stephen and Harrington Prevost Aileen
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
Lafleur Tilman James $38,000 None Listed On Document
J & A Prevost Properties Llc -- None Listed On Document
J & A Prevost Properties Llc -- None Listed On Document
Harrington Prevost James Stephen $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafleur Tilman James $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2025 03/26/25 Sold -- -- --
01/30/2025 01/30/25 Pending -- -- --
12/17/2024 12/17/24 For Sale $45,955 -- $35 / Sq Ft
Source: REALTOR® Association of Acadiana

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
2025 $286 $3,610 $410 $3,200
2024 $312 $3,950 $410 $3,540
2023 $126 $1,530 $410 $1,120
2022 $125 $1,530 $410 $1,120
2021 $125 $1,530 $410 $1,120
2020 $125 $1,530 $410 $1,120
2019 $124 $1,500 $400 $1,100
2018 $124 $1,500 $400 $1,100
2017 $124 $1,500 $400 $1,100
2016 $124 $1,500 $400 $1,100
2015 $363 $4,420 $400 $4,020
2014 $363 $4,420 $400 $4,020
2013 $363 $4,420 $400 $4,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 24011398

REALTOR® Association of Acadiana

APN: 0170169080

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