8 months on rocket

407 S Bailey St, Abbeville, LA, 70510

$46,000

Home List Price

$546*

Closing Credit

2 Bedrooms
1 Full Bath
918 SqFt
$50/SqFt
House

Location

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407 S Bailey St, Abbeville$46,000

Buyer Closing Credits

$546*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingCarport
HeatingSpace Heater(s)
CoolingWindow Unit(s)
MLS #24001826
StatusActive

About 407 S Bailey St

A excellent new listing in the heart of Abbeville's historic district! This precious cottage boasts 2 bedrooms, 1 bath, and 918 square feet of cozy living space. With its prime location, there's endless potential - whether you're an investor seeking a special project, interested in combining properties, or simply looking for a gem to make your own. This rental is currently bringing in $700/month, and has always been rented out within days of putting out a sign. Easy money! Don't let this opportunity slip away - seize the chance to own a piece of Abbeville's history! Call today for more information or to schedule a showing!!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Stories: 1
  • Living Area: 918 SqFt

Listing Office:

  • Office Name: NextHome Cutting Edge Realty
  • Office Phone: (337) 484-1184
  • Listing Agent: Shannon Higginbotham

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch, Rear Yard Access

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Space Heater(s)
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: HWY. 167 SOUTH TO ABBEVILLE, LEFT ON HWY. 14, RIGHT ON STATE, LEFT ON MAUDE, LEFT ON S. BAILEY.

Price Information

Listing Price Info

Price Summary:

  • List Price: $46,000
  • Price Per SqFt: $50/SqFt

Tax Information:

  • Annual Amount: $252
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Abbeville, LA.

Med. Sold Price

$137K

Med. Price/SqFt

$81

Avg. Days On Market

112

# of Sold Homes

8

407 S Bailey St vs Abbeville

269 DAYS ON ROCKET

+157 Days

$46,000

-$91K Less

$50/SqFt

-$32 Less

KEY TAKEAWAY

This property is $91K less than the Median Sold Price and $32/SqFt less than other homes in Abbeville, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTOR® Association of Acadiana
  • MLS Number: #24001826

Listing Office:

  • Office Name: NextHome Cutting Edge Realty
  • Office Phone: (337) 484-1184
  • Listing Agent: Shannon Higginbotham

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Copyright 2024 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$252$2,821
2019$248$2,821
2018$250$2,821
2017$231$2,821

History based on county public records data.

Payment Calculator

$297

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$204

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1115244
4
/10
  • James A. Herod Elementary School

  • 120 Odea St

  • 1.19 miles

  • Public District Grades 3-5

school-card-donut-1115245
8
/10
  • Meaux Elementary School

  • 12419 La Highway 696

  • 4.75 miles

  • Public District Grades PK-5

school-card-donut-1115246
8
/10
  • Dozier Elementary School

  • 415 W Primeaux St

  • 5.44 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,826. Residents of Abbeville, LA typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 S Bailey St

What is the listing price of this property?

The listing price of 407 S Bailey St property is $46,000.

What type of property is this?

The property 407 S Bailey St is a house located in Abbeville, Louisiana, 70510.

Is this property for sale now?

Active Listing: 407 S Bailey St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $252 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 407 S Bailey St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 407 S Bailey St is 918 SqFt (source: MLS/tax record).

Rocket HomesLouisianaVermilion CountyAbbeville70510407 S Bailey St

This home is located at 407 S Bailey St in Abbeville, LA and zip code 70510. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $46,000.

In October 2024, from all listings sold in Abbeville, LA there were more than 1 sold above asking price, over 5 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Abbeville, LA between September 2024 and October 2024 increased by 8.1%. Listings spent 112 days on the market in October 2024, and had a median list price of $137,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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