RealtyBid - Details for Property - 6630 Melara Ave, Shreveport, LA 71108
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Online Auction - CWCOT

6630 Melara Ave

Caddo Parish County, Shreveport, LA 71108
This property was sold.
Property ID 743698

Details

  • 3 Bedrooms
  • 1 Full Baths
  • 1367 Sq Ft
  • Built in 1972
  • 7755.0 SqFt Lot

Description



LA auction firm license number AB-529

Contingencies/Terms Offered

  • Seller reserves the right to a final review of all bids received. Seller may accept or reject any bid regardless of whether or not the reserve price has been met.
  • Specific Property Disclosures:

    THIS PROPERTY IS SUBJECT TO A 30-DAY EXCLUSIVE PERIOD DURING WHICH TIME ONLY THE FOLLOWING BUYERS ARE APPROVED FOR PURCHASE:  OWNER-OCCUPANTS, HUD-APPROVED NONPROFITS, AND GOVERNMENTAL ENTITIES. A WINNING BIDDER MUST PROVIDE A SIGNED STATEMENT AND/OR DOCUMENTATION ON LETTERHEAD ATTESTING THAT THEY ARE APPROVED UNDER ONE OF THE ABOVE CATEGORIES.

    Property is being sold in an “as is” condition.  The condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area.

    No Buyer premium or Internet Transaction fee applies!
    Title will be conveyed via Quit Claim Deed and/or Special/Limited Warranty Deed, or its equivalent, on a form acceptable to Seller in Seller’s sole and absolute discretion.
    A licensed real agent must contact Customer Service at 877-518-5700 or customerservice@realtybid.com for showing instructions.
    Buyer to choose and specify the closing attorney to handle the closing.
    Seller shall pay for all municipal and public utility charges, taxes and HOA dues through the day of possession and the same will be prorated at closing.  The BUYER shall pay the premium for the owner’s title insurance policy (if purchased), notary fees, conveyance and recording fees, all document preparation, survey, title fees and attorney’s fees, as well as any recordation tax and any state or local transfer tax. 
    Seller will accept Cash, Hard Money Loans and Line of Credit offers.
    Closing must occur within 30 days of offer approval for cash, hard money loan and line of credit offers. Closing must occur within 45 days of offer approval for finance offers.
    Seller may accept or reject any offer at their sole and absolute discretion, and reserves the right to a final review of all bids received. Seller may accept or reject any bid regardless of whether or not the reserve price has been met.
  • Learn About Terms for Cash and Financed Purchases

    Please note that the seller may reject your offer if you change from a "cash" purchase to a "financed" purchase after your offer has been placed.

    One-Year Forecast

    Property + 5.69%
    ZIP + 5.66%
    Metro + 5.69%

    Property Insights

    House Ranking: 2

    83% of houses appreciate more than 7.14% in this ZIP Code

    84% of houses are forecast to appreciate more than 5.69% in this ZIP Code

    Historical Growth

      Last Year 10 Year
    Property + 7.14% + 36.67%
    ZIP + 0.07% +33.85%
    Metro + 0.42% +32.51%

    Index Tools - Valuation Changes

    Below is a line graph of the indexes for this property, its ZIP Code area, and its Metropolitan Statistical Area (MSA). The graph tracks the movement of the property's value, values in the property's ZIP Code area, and values in the property's MSA over time due to market conditions.

    Note: The property index does NOT represent the value of the subject home but instead represents the relative value of the home compared to other points in time.

     
    Property Changes
     
    ZIP Code Changes
     
    Metro Changes

    View Market Changes By House Using Dynamic Heat Maps

    Our heat maps illustrate historic and predicted value trends in the property's ZIP Code area and metro area. Heat maps reveal and forewarn of trends in markets, often showing waves of value changes moving across a geographic area. Each dot represents a home, and its color indicates whether the home is appreciating or depreciating at the time indicated on the map, with green indicating appreciation and red indicating depreciation.

    Click the Play button to watch trends unfold over time and into the future.

    ZIP Code Area

    Metro Area

    ZIP Market Segments Analysis

    The homes within this ZIP Code have been sorted into four tiers based on the attribute displayed on the selected tab. For example, if the Value tab is selected, the homes are sorted into a low-end tier, a mid-low-end tier, a mid-high-end tier, and a high-end tier. Each tier features a quarter of the homes located within the ZIP Code.



    Tier 1
    963 Sq Ft and less
    Tier 2
    963 - 1,134 Sq Ft
    Tier 3
    1,134 - 1,351 Sq Ft
    Tier 4
    1,351 Sq Ft and greater


    Tier Comparison By Value Tier

    The bar chart below compares the average percentage change in value over the last year and the average forecast percentage change in value for the coming year for the four different comparison tiers.

     
     
    Last Year Change
     
    Forecast
     

    Last Year 1-Year Forecast % Rising
    Tier 1 + 8.53% + 5.84% + 5.86%
    Tier 2 + 8.46% + 5.80% + 5.95%
    Tier 3 + 8.42% + 5.79% + 5.33%
    Tier 4 + 8.44% + 5.82% + 9.23%

    Percentage Of Homes Rising By Value Tier

    The below pie charts compare the percentage of Homes Rising (defined as the percent of homes with value appreciating at a rate faster than 1.5% per year during the most recent month) within the four different tiers of homes.

    This Property Was Sold

    This property was sold on Oct 12, 2022, 03:40 PM for

    $25,000 by ledellj62
    Reserve not met Bid History

    Fees

    Fee type Fee amount
    Bid Deposit $250 (More Details)
    Buyer Agent Fee $300 (Seller Pays at Closing)
    Transaction Fee NONE
    Deposit 5% or $2,000 whichever is greater.

    Bidding Questions?

    RealtyBid Customer Service (877) 518-5700

    Contact

    Customer Service *Contact Customer Service (877) 518-5700
    Important: All data on this page and other property pages is provided for informational purposes only. It is each potential buyer’s responsibility to perform their own due diligence prior to placing a bid on a property.

    AL broker license number 000126203-0