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$75,000

Beds
3
Baths
2.0
sq ft
1,592

7101 Brandtway St, Shreveport, LA 71108

7101 Brandtway St

Shreveport, LA 71108

  • 280 days on market
Welcome to 7101 Brandtway, a fantastic investment opportunity in Shreveport, Louisiana at a 10% cap rate! This single family home is the perfect addition to your investment portfolio, offering both comfort and value. Here are the details: Spacious Living Room: Enjoy a generously sized living room, perfect for relaxation and entertainment. Functional Kitchen: The well-appointed kitchen is designed for convenience, making meal preparation a breeze. Corner Lot: Situated on a corner lot, this property offers additional privacy and outdoor space. Parking: Ample parking in the back ensures convenience for tenants. Current Tenant occupied and renting for $800 mth on a month to month lease.

Details

Property type

Single Family Residence

Est. home value

$75,095

Lot size

7,405.2 sq ft

Price per sq ft

$48

Year built

1960

Annual property taxes

$1,241

Price History

10/11/2023
NTREIS

NTREIS #20444269

Listed
$75,000

Schools & Community

Neighborhood: 

Sunset Arcre, Garden Valley, Morningside

Elementary school: 

Caddo ISD Schools

Middle school: 

Caddo ISD Schools

High school: 

Caddo ISD Schools

School district: 

Caddo PSB

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$39,934
Asking price
$75,000
Closing costs (~8% of asking)
-$6,000
Est. remaining loan balance
-$29,066
Cash to seller
$39,934

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranty Bank Fsb

Loan start date

March 2012

Original loan amount

$40,000

Est. remaining balance

$29,066

Interest rate

3.98%

Loan type

Not Provided, 30 year

Seller

Josiah Ford

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 5:00 PM

Listing updated: 04/02/2024 at 11:23 AM

Listed by: Josiah Ford, Team Ford Realtors Phone #: (214) 425-3525

MLS: NTREIS #20444269

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