115 Venus St, Morgan City, LA

Name: 115 Venus St, Morgan City, LA
Brand: Fannie Mae
Price: 180000 USD
Availability: InStock

Fannie MaeReal Estate📍Morgan City, LA

List Price

$180,000

Availability

For sale

Price history

since Jul 31

$185,900−$5,900 (−3%)$180,000

Market demand: Real Estate like this sell about 26% of the time, typically ~3 bids. Based on 2,263 completed sales over the last year.

Appraised valueFixed price

$180,000

Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in LouisianaClear title

This is a government REO sale, not a tax sale. The two convey title very differently.

This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
County tax sales in Louisiana: Louisiana is a hybrid state. The county sells a deed or certificate that the former owner can still undo by paying you back with interest during the redemption window. The former owner then has 3 years to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options →

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

Seller

Fannie Mae

Condition: REO / sold as-is

Full Description

Fannie Mae HomePath REO property at 115 Venus St, LA 70380. Single Family, 3 bed, 2 bath, built 1995. Sold as-is by Fannie Mae.

Pickup information

Morgan City, LA 70380

Fannie Mae

Appraised valueFixed price

$180,000

Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

Title and tax regime in LouisianaClear title

This is a government REO sale, not a tax sale. The two convey title very differently.

This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
County tax sales in Louisiana: Louisiana is a hybrid state. The county sells a deed or certificate that the former owner can still undo by paying you back with interest during the redemption window. The former owner then has 3 years to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options →

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

🏛️GovAuctions

Guides Tools Prices About

115 Venus St, Morgan City, LA

Fannie MaeReal Estate📍Morgan City, LA

List Price

$180,000

Availability

For sale

Price history

since Jul 31

$185,900−$5,900 (−3%)$180,000

Market demand: Real Estate like this sell about 26% of the time, typically ~3 bids. Based on 2,263 completed sales over the last year.

Appraised valueFixed price

$180,000

Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

Title and tax regime in LouisianaClear title

This is a government REO sale, not a tax sale. The two convey title very differently.

This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
County tax sales in Louisiana: Louisiana is a hybrid state. The county sells a deed or certificate that the former owner can still undo by paying you back with interest during the redemption window. The former owner then has 3 years to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options →

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

Seller

Fannie Mae

Condition: REO / sold as-is

Full Description

Fannie Mae HomePath REO property at 115 Venus St, LA 70380. Single Family, 3 bed, 2 bath, built 1995. Sold as-is by Fannie Mae.

Pickup information

Morgan City, LA 70380

Fannie Mae

Appraised valueFixed price

$180,000

Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

Title and tax regime in LouisianaClear title

This is a government REO sale, not a tax sale. The two convey title very differently.

This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
County tax sales in Louisiana: Louisiana is a hybrid state. The county sells a deed or certificate that the former owner can still undo by paying you back with interest during the redemption window. The former owner then has 3 years to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options →

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.