NOT LISTED FOR SALE

Tr 5 Lake Cove Rd Rayne, LA 70578

Estimated Value: $30,000

3.11 Acres
$9,646 Price per Acre
135,472 Sq Ft Lot

Last Sold June 10, 2024

Current estimated payment $200/month

6 Days on Market

About This Lot

As of June 2024

TRACT 5 is being sold separately. Build your dream home on a very unique, and beautiful 3.11 acre property. Lovely waterfront is found on the 3 sides of the lot. After a long shift, you will look forward to the natural peace and calm this location will bring. Drop a line in the lake, which is stocked with bass, sa-ca-lait, and brim. Several ducks including mallards also make this lake their home. These lots have been high and dry even in 2016. Lots have Slemco electricity. Contact an agent today for more information.

Last Agent to Sell the Property

Marianne Dupuis

A.L.C. Real Estate License #74740 Listed on: 04/09/2024

Last Buyer's Agent

Blaise Verret

McGeeScott Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $418

Lot Details

  • 3.11 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Rough Grade

Schools

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

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot Tracts 5

Property Details

Property Type

Land

Est. Annual Taxes

$418

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 3.11
  • Lot Size: irregular
  • Road Frontage Type: Private Road
  • Road Surface Type: Private Road
  • Subdivision Name: None
  • Directions: I-10 Exit 87 Rayne, N on Hwy 35, Left at Burger King on Hwy 98, go one mile, Right on Vicksburg Rd about 1 mile, Left into Lake Cove Subdivision, property all the way in the back past the cul-de-sac.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: Level, Waterfront, Rural, Open Ditches, Cleared, 3 - 5.99 Acres
  • Waterfront: Yes
  • Exclusions: None

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 400
  • Association: Yes

Schools

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

Lot Info

  • Current Use: Lot
  • Development Status: Rough Grade
  • Lot Size Sq Ft: 135471.6
  • Crops Included: No
  • Zoning: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: Tracts 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 10, 2024
Sold by
Shoffiett Mitchell Ward and Shoffiett Allyson Harmon
Bought by
Mooney Jacob Daniel and Schexnayder Mooney Cecily
Seller's Agent
Marianne Dupuis
A.L.C. Real Estate
Buyer's Agent
Blaise Verret
McGeeScott Realty
List Price
$125,000
Views
12
Current Estimated Value
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-59.35%
Original Mortgage
$56,250
Outstanding Balance
$52,942
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
-$30,942
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mooney Jacob Daniel $62,500 Standard Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mooney Jacob Daniel $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold -- -- --
04/19/2024 04/19/24 Price Changed $62,500 -50.0% --
04/17/2024 04/17/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $125,000 -- --
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 $418 $5,940 $5,940 $0
2023 $475 $6,500 $6,500 $0
2022 $473 $6,500 $6,500 $0
2021 $473 $6,500 $6,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 24003465

REALTOR® Association of Acadiana

APN: 0200054800AF