12 months on rocket

703 Margaret Ave, Rayne, LA, 70578

$194,500

Home List Price

$2,310*

Closing Credit

3 Bedrooms
2 Full Baths
1,272 SqFt
$153/SqFt
House

Location

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703 Margaret Ave, Rayne$194,500

Buyer Closing Credits

$2,310*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
HeatingCentral, Electric
CoolingCentral Air
MLS #23003163
StatusActive

About 703 Margaret Ave

ntroducing the perfect dream home for you! This stunning and affordable 3-bedroom, 2-bathroom cottage located in the charming town of Rayne is complete and eagerly awaiting its new owner. With a range of appealing features and financial incentives, this home presents an incredible opportunity for homebuyers like you. Picture yourself stepping into a cozy and inviting living space, meticulously designed with comfort and style in mind. The three bedrooms offer ample space for your family, while the bathrooms boast modern fixtures and a touch of luxury. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an ideal setting for entertaining guests or spending quality time with your loved ones. This home is complete with a Refrigerator, washer & dryer, and privacy fence with double gate access, along with fantastic financing options available. With 100% financing available, you can make this dream home yours without having to worry about a hefty down payment. Additionally, take advantage of the closing cost assistance programs offered through our preferred lender, ensuring that you can move into this home with little to no money out of your pocket. Don't miss out on this incredible opportunity to live the life you've always dreamed of. Call today to schedule a viewing and take the first step towards making this extraordinary cottage your very own. This home is complete with a Refrigerator, washer & dryer, and privacy fence with double gate access, along with fantastic financing options available. With 100% financing available, you can make this dream home yours without having to worry about a hefty down payment. Additionally, take advantage of the closing cost assistance programs offered through our preferred lender, ensuring that you can move into this home with little to no money out of your pocket. Don't miss out on this incredible opportunity to live the life you've always dreamed of.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Stories: 1
  • Living Area: 1,272 SqFt

Listing Office:

  • Office Name: RE/MAX Acadiana
  • Office Phone: (337) 984-8470
  • Listing Agent: Kevin Rose

Interior Features

Interior Information:

  • Appliances: Electric Range, Washer, Dryer, Microwave, Refrigerator, Dishwasher
  • Flooring Type: Vinyl Plank
  • Interior: Walk-In Closet(s), Electric Dryer Con, Attic Access, 9+ Ft Ceiling, Electric Stove Con, Electric Washer Con, Icemaker Con, Master Bath, Granite Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Outside Light, Double Gate Access

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Virtual/3D Tour

  • 3D Tour: 703 Margaret Ave
3D Tour

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

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: I-10 WEST TO RAYNE EXIT. LEFT ON TO BOULEVARD TO LEFT ON JEFF DAVIS (BY MOVIE GALLERY) MARGARET ON LEFT HOME ON LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,500
  • Price Per SqFt: $153/SqFt
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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

703 Margaret Ave vs Rayne

363 DAYS ON ROCKET

+312 Days

$194,500

+$8.8K More

$153/SqFt

+$38 More

KEY TAKEAWAY

This property is $8.8K more than the Median Sold Price and $38/SqFt more 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: #23003163

Listing Office:

  • Office Name: RE/MAX Acadiana
  • Office Phone: (337) 984-8470
  • Listing Agent: Kevin Rose

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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,038

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$650

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NMLS#3030

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-72381
7
/10
  • Martin Petitjean Elementary School

  • 4039 Crowley Rayne Hwy

  • 1.56 miles

  • Public District Grades 1-3

Middle School

school-card-donut-72382
2
/10
  • Armstrong Middle School

  • 700 Martin Luther King Blvd

  • 0.65 miles

  • Public District Grades 6-8

school-card-donut-72383
8
/10
  • South Rayne Elementary School

  • 101 E Branche St

  • 1.08 miles

  • Public District Grades 4-5

High School

school-card-donut-72384
4
/10
  • Rayne High School

  • 1200 N Polk St

  • 0.46 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,568. The most common annual income of people living in Rayne, LA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 703 Margaret Ave

What is the listing price of this property?

The listing price of 703 Margaret Ave property is $194,500.

What type of property is this?

The property 703 Margaret Ave is a house located in Rayne, Louisiana, 70578.

Is this property for sale now?

Active Listing: 703 Margaret 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 703 Margaret 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

How many bedrooms and bathrooms does this property have?

The property at 703 Margaret Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 703 Margaret Ave is 1,272 SqFt (source: MLS/tax record).

Rocket HomesLouisianaAcadia CountyRayne70578703 Margaret Ave

This home is located at 703 Margaret Ave in Rayne, LA and zip code 70578. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $194,500.

In October 2024, from all listings sold in Rayne, LA there were more than 0 sold above asking price, over 0 sold below and more than 6 were sold right at the asked price. Between September 2024 and October 2024, Rayne, LA real estate market has seen decrease in the number of listings by 4.2%. 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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