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507 Section Ave, Rayne, LA, 70578

$149,000

Home List Price

$1,769*

Closing Credit

3 Bedrooms
2 Full Baths
1,500 SqFt
$99/SqFt
House

Location

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507 Section Ave, Rayne$149,000

Buyer Closing Credits

$1,769*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingRV Access/Parking
HeatingOther
CoolingOther
MLS #24008857
StatusActive

About 507 Section Ave

A fully renovated Victorian Revival now available! Conveniently located in Rayne near restaurants, entertainment, & shopping. This home has been meticulously restored with modern conveniences but keeping all the charm of the home. No expense spared bringing this home up to date. Updates include: new luxury vinyl plank floors, new countertops, new appliances, new interior & exterior paint, etc. This home is anything but COOKIE CUTTER! Finally, an older, sturdy home that has been tastefully updated the correct way! They do not build them like this anymore! Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: French, New Orleans, Traditional
  • Stories: 1
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: Keaty Real Estate Team
  • Office Phone: (337) 235-7770
  • Listing Agent: Brice Trahan

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl Plank
  • Interior: Walk-In Closet(s), Walk-in Pantry, Standalone Tub, Double Vanity, Cathedral Ceiling, Bookcases, Beamed Ceilings, Vaulted Ceilings, Wet Bar, Some Window Treatments, Varied Ceiling Heights, Crown Molding, Computer Nook, Built-Ins, Attic Access, All Window Treatments, 9+ Ft Ceiling, Office, Separate Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Outside Light, Porch, Storm Doors

Parking Information:

  • Attached Garage: No
  • Parking: RV Access/Parking

Lot Features

Lot Information:

  • Lot: Wooded, Level

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Rayne High School, Public District Grades 8-12
  • Armstrong Middle School, Public District Grades 6-8
  • South Rayne Elementary School, Public District Grades 4-5
  • Martin Petitjean Elementary School, Public District Grades 1-3

Other

Directions Information:

  • Directions: Traveling west on Hwy 90, Take a right on to N Adams Avenue, take a left on to W. Lessley Street, then a right on to Section Avenue. Home will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,000
  • Price Per SqFt: $99/SqFt

Tax Information:

  • Annual Amount: $817
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$185.6K

Med. Price/SqFt

$114

Avg. Days On Market

51

# of Sold Homes

6

507 Section Ave vs Rayne

46 DAYS ON ROCKET

-5 Days

$149,000

-$36.6K Less

$99/SqFt

-$16 Less

KEY TAKEAWAY

This property is $36.6K less than the Median Sold Price and $16/SqFt less than other homes in Rayne, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTOR® Association of Acadiana
  • MLS Number: #24008857

Listing Office:

  • Office Name: Keaty Real Estate Team
  • Office Phone: (337) 235-7770
  • Listing Agent: Brice Trahan

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: 11/5/2024, 6:20:55 PM 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$817$11,700
2018$814$11,500
2017$287$3,460

History based on county public records data.

Payment Calculator

$811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$513

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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.

Elementary School

school-card-donut-2099525
7
/10
  • Martin Petitjean Elementary School

  • 4039 Crowley Rayne Hwy

  • 1.17 miles

  • Public District Grades 1-3

Middle School

school-card-donut-2099526
2
/10
  • Armstrong Middle School

  • 700 Martin Luther King Blvd

  • 0.38 miles

  • Public District Grades 6-8

school-card-donut-2099527
8
/10
  • South Rayne Elementary School

  • 101 E Branche St

  • 0.92 miles

  • Public District Grades 4-5

High School

school-card-donut-2099528
4
/10
  • Rayne High School

  • 1200 N Polk St

  • 0.57 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,000. The most common annual income of people living in Rayne, LA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Section Ave

What is the listing price of this property?

The listing price of 507 Section Ave property is $149,000.

What type of property is this?

The property 507 Section Ave is a house located in Rayne, Louisiana, 70578.

Is this property for sale now?

Active Listing: 507 Section Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 507 Section Ave are:
Martin Petitjean Elementary School: GreatSchools Rating 7/10
Armstrong Middle School: GreatSchools Rating 2/10
South Rayne Elementary School: GreatSchools Rating 8/10
Rayne High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $817 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 507 Section Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 507 Section Ave is 1,500 SqFt (source: MLS/tax record).

Rocket HomesLouisianaAcadia CountyRayne70578507 Section Ave

This home is located at 507 Section Ave in Rayne, LA and zip code 70578. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $149,000.

In October 2024 more than 0 listings in Rayne, LA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 0 were sold below. The number of homes for sale in Rayne, LA decreased by 4.2% between September 2024 and October 2024. In October 2024 median list price was $185,650 and the average listing age was 51 days.

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

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