NOT LISTED FOR SALE

900 E Branche St Rayne, LA 70578

Rayne Area
-- Bed
-- Bath
66,150 Sq Ft
-- Built

Sale Details

Date Sold: December 15, 2023

54 Days on Market

About This Home

As of December 2023

11 lot mobile home park with city water, city sewage, concrete parking pads on a parish road. All lots are individually metered. Current owner made drastic changes cleaning up the park making the area much more appealing to renters and added value potential to the new owner. There is currently 1 tenant at $250/month lot rent and 10 vacant lots. The comparable mobile home lot rent could easily support $300/month. Potential gross income is $2750-$3300.

Last Agent to Sell the Property

Nicholas Dodge

Gauthier Real Estate, Inc. Listed on: 09/13/2023

Last Buyer's Agent

Nick Dodge

Gauthier Real Estate, Inc. License #995695678

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Property Details

Home Type

  • Multi-Family

Home Design

  • 66,150 Sq Ft Home
  • Mobile Home Park
  • Siding

Utilities

  • No Cooling
  • No Heating

Community Details

  • 11 Units

Listing and Financial Details

  • Tax Lot 1-11

Property Details

Home Type

Multi-Family

Listing Details

  • Property Sub Type: Mobile Home Park
  • Prop. Type: Residential Income
  • Lot Size: LOTS 1-2 (45 x 147) LOTS 3 THRU 11 (40 x 147)
  • Subdivision Name: None
  • Directions: Head West on Hwy 90 to Rayne. Turn left on Southeastern. Continue south and turn left on last street.
  • ResoPropertyType: ResidentialIncome
  • List_136: 92.260908
  • Special Features: None

Interior Features

  • Appliances: None

Exterior Features

  • Construction Type: Other, Other Siding
  • Foundation Details: Other
  • Property Condition: Other - See Remarks

Garage/Parking

  • Total Parking Spaces: 22

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Multi Family

  • Number Of Units Total: 11

Tax Info

  • Tax Lot: 1-11

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
Sep 13, 2023
Closed on
Dec 15, 2023
Sold by
Bought by
Seller's Agent
Nicholas Dodge
Gauthier Real Estate, Inc.
Buyer's Agent
Nick Dodge
Gauthier Real Estate, Inc.
List Price
$150,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,950
Outstanding Balance
$88,837
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$107,000 None Listed On Document
$50,000 Md Title
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 $90,950
Previous Owner $50,000
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
12/15/2023 12/15/23 Sold -- -- --
11/07/2023 11/07/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $150,000 -- $2 / 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 $436 $5,500 $5,000 $500
2024 $435 $5,500 $5,000 $500
2023 $410 $5,000 $5,000 $0
2022 $184 $2,240 $2,240 $0
2021 $184 $2,240 $2,240 $0
2020 $183 $2,240 $2,240 $0
2019 $182 $2,200 $2,200 $0
2018 $182 $2,200 $2,200 $0
Source: Public Records

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23008376

REALTOR® Association of Acadiana
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