02/07/2024
βοΈSubtoβοΈ in Luling, Lousiana!π₯π
π Address: 304 4th St, Luling, LA 70070
π Bedrooms: 3
π Bathrooms: 3
π Livable Sq. Ft: 2,934
π³ Lot Size: 7,200 Sq. Ft.
π΅ Market Rents: $1,494
π° Asking Price: $275,000
πΌ After Repair Value (ARV): $420,000
π¨ Rehab Estimate: $50,000
π‘ Year Built: 2003
π€ ENTRY FEE: $30,000
π΅ LOAN AMOUNT: $223,905.46
π PITI (Principal, Interest, Taxes, Insurance): $2114.09
π INTEREST RATE: 5%
Key Points:
ποΈ Garage has a permitted second story studio about 1,000 sq ft with electricity and water in the bottom level!
π₯30 minutes from MARDI GRAS!π
πHome was COMPLETELY renovated in 2017 with a 203k Loan.
πAll Samsung appliances included!
π This property is a ONE-OFF in the neighborhood it sits in.
π Property will be a MEDIUM rehab as it just needs COSMETIC work!
π° THERE IS A $12,000 CHECK that is PENDING release for the garage door and siding! Once fixed and completed the mortgage company will send an inspector to check and if all passes the money will be released!
ποΈ COMPARABLE SALES (COMPS):
π : 617 Gassen St, Luling, LA 70070
π Bedrooms: 4 | π Bathrooms: 3 | π Sq. Ft: 2,429
π° Sold Price: $470,000 | π
Sold Date: ON MARKET
π Distance: 0.9
π : 206 Lac Iberville Dr, Luling, LA 70070
π Bedrooms: 4 | π Bathrooms: 3 | π Sq. Ft: 2,709
π° Sold Price: $550,000 | π
Sold Date: 11/07/23
π Distance: 0.83 miles
π : 104 Lac Claiborne Ct, Luling, LA 70070
π Bedrooms: 4 | π Bathrooms: 3 | π Sq. Ft: 2,821
π° Sold Price: $570,000 | π
Sold Date: 10/03/23
π Distance: 0.83 miles
π : 323 Post Dr, Luling, LA 70070
π Bedrooms: -- | π Bathrooms: -- | π Sq. Ft: 1,214
π° Sold Price: $170,000 | π
Sold Date: 12/20/23
π Distance: 0.3 miles
π : 507 Gassen St, Luling, LA 70070
π Bedrooms: 3 | π Bathrooms: 2 | π Sq. Ft: 2,075
π° Sold Price: $280,000 | π
Sold Date: 10/03/23
π Distance: 0.7 miles
https://drive.google.com/drive/folders/14voNGs--NefF_ch-zU3QeJrrbuNQN4A-?usp=drive_link