02/07/2024
✌️Subto✌️ in Luling, Lousiana!🥂🎭
📍 Address: 304 4th St, Luling, LA 70070
🛌 Bedrooms: 3
🛁 Bathrooms: 3
📐 Livable Sq. Ft: 2,934
🌳 Lot Size: 7,200 Sq. Ft.
💵 Market Rents: $1,494
💰 Asking Price: $275,000
💼 After Repair Value (ARV): $420,000
🔨 Rehab Estimate: $50,000
🏡 Year Built: 2003
🤝 ENTRY FEE: $30,000
💵 LOAN AMOUNT: $223,905.46
🏠 PITI (Principal, Interest, Taxes, Insurance): $2114.09
📈 INTEREST RATE: 5%
Key Points:
🏘️ Garage has a permitted second story studio about 1,000 sq ft with electricity and water in the bottom level!
🥂30 minutes from MARDI GRAS!🎊
🎭Home was COMPLETELY renovated in 2017 with a 203k Loan.
🎭All Samsung appliances included!
🎭 This property is a ONE-OFF in the neighborhood it sits in.
🎭 Property will be a MEDIUM rehab as it just needs COSMETIC work!
💰 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!
🏘️ COMPARABLE SALES (COMPS):
📍 : 617 Gassen St, Luling, LA 70070
🛌 Bedrooms: 4 | 🛁 Bathrooms: 3 | 📐 Sq. Ft: 2,429
💰 Sold Price: $470,000 | 📅 Sold Date: ON MARKET
🚗 Distance: 0.9
📍 : 206 Lac Iberville Dr, Luling, LA 70070
🛌 Bedrooms: 4 | 🛁 Bathrooms: 3 | 📐 Sq. Ft: 2,709
💰 Sold Price: $550,000 | 📅 Sold Date: 11/07/23
🚗 Distance: 0.83 miles
📍 : 104 Lac Claiborne Ct, Luling, LA 70070
🛌 Bedrooms: 4 | 🛁 Bathrooms: 3 | 📐 Sq. Ft: 2,821
💰 Sold Price: $570,000 | 📅 Sold Date: 10/03/23
🚗 Distance: 0.83 miles
📍 : 323 Post Dr, Luling, LA 70070
🛌 Bedrooms: -- | 🛁 Bathrooms: -- | 📐 Sq. Ft: 1,214
💰 Sold Price: $170,000 | 📅 Sold Date: 12/20/23
🚗 Distance: 0.3 miles
📍 : 507 Gassen St, Luling, LA 70070
🛌 Bedrooms: 3 | 🛁 Bathrooms: 2 | 📐 Sq. Ft: 2,075
💰 Sold Price: $280,000 | 📅 Sold Date: 10/03/23
🚗 Distance: 0.7 miles
https://drive.google.com/drive/folders/14voNGs--NefF_ch-zU3QeJrrbuNQN4A-?usp=drive_link