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    • $210,000

    10480 Lee Settlement Rd, Folsom, LA 70437

    4beds
    2,052sqft
    : 
    $1,322/mo
    Get pre-qualified
    Single Family Residence
    Built in 2000
    5 Acres Lot
    $199,700 Zestimate®
    $102/sqft
    $-- HOA

    What's special

    Well-maintained homeFunctional kitchenSpacious open floor plan
    MAY QUALIFY FOR 3.5% DOWN FHA LOAN! Unlock the potential of this versatile investment in the heart of Folsom, Louisiana. Situated on a 5-acre lot, this charming 4-bedroom, 2-bathroom mobile home offers a rare combination of rental income opportunity, land value, and long-term investment potential. If you're looking to generate steady cash flow through long-term rental this property is has a tenant already in place and positioned to start producing income. This well-maintained home features a spacious open floor plan with a large living area, functional kitchen, and a private primary suite with an en-suite bath. This property combines the serenity of country living with close proximity to amenities in Folsom and Covington. Utilities are already in place, and the property has plenty of potential for additional development of outdoor amenities. If you are looking to start generating cash flow on day one, this one's for you!
    85 days
    |
    174
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Austin Marquette 985-778-5356,

    Compass Mandeville 985-626-5695

    Source: GSREIN,MLS#: 2558150MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Lower
      • Dimensions: 10x10
      Bedroom
      • Level: Lower
      • Dimensions: 9x9
      Bedroom
      • Level: Lower
      • Dimensions: 9x9
      Bedroom
      • Level: Lower
      • Dimensions: 9x9
      Dining room
      • Level: Lower
      • Dimensions: 11x16
      Living room
      • Level: Lower
      • Dimensions: 10x14
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
      Features
      • Jetted Tub
      • Windows: Screens
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,052
      • Total interior livable area: 2,052 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Has spa: Yes
      Lot
      • Size: 5 Acres
      • Dimensions: 150 x 410 x 784 x 150 x 749 x 668
      • Features: 1 to 5 Acres, Outside City Limits
      Details
      • Parcel number: 17041
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modular/Prefab
      • Property subtype: Single Family Residence
      Materials
      • Modular/Prefab, Vinyl Siding
      • Foundation: Raised
      • Roof: Metal
      Condition
      • Very Good Condition
      • Year built: 2000

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Not a Subdivision
      HOA
      • Has HOA: No
      • HOA name: N/A
      Location
      • Region: Folsom

      Financial & listing details

      • Price per square foot: $102/sqft
      • Tax assessed value: $74,700
      • Annual tax amount: $926
      • Date on market: 5/14/2026

        Estimated market value

        $199,700

        $190,000 - $210,000

        $2,163/mo

        Price history

        DateEventPrice
        5/14/2026Listed for sale$210,000$102/sqft
        Source: GSREIN #2558150 Report a problem
        4/5/2026Listing removed$210,000$102/sqft
        Source: Latter and Blum #2495019 Report a problem
        9/11/2025Price change$210,000+14900%$102/sqft
        Source: GSREIN #2495019 Report a problem
        9/6/2025Pending sale$1,400-99.3%$1/sqft
        Source: Latter and Blum #2515809 Report a problem
        9/6/2025Listing removed$1,400$1/sqft
        Source: GSREIN #2515809 Report a problem
        8/7/2025Listed for rent$1,400$1/sqft
        Source: GSREIN #2515809 Report a problem
        4/4/2025Listed for sale$210,000+14900%$102/sqft
        Source: GSREIN #2495019 Report a problem
        4/1/2025Listing removed$1,400$1/sqft
        Source: Latter and Blum #2489214 Report a problem
        3/15/2025Pending sale$1,400+16.7%$1/sqft
        Source: Latter and Blum #2489214 Report a problem
        3/15/2025Listing removed$1,400$1/sqft
        Source: GSREIN #2489214 Report a problem
        3/3/2025Listed for rent$1,400$1/sqft
        Source: GSREIN #2489214 Report a problem
        3/7/2024Listing removed$1,200$1/sqft
        Source: Latter and Blum #2437239 Report a problem
        3/5/2024Pending sale$1,200-98.7%$1/sqft
        Source: Latter and Blum #2437239 Report a problem
        3/1/2024Sold--
        Source: GSREIN #2436631 Report a problem
        4/11/2022Sold--
        Source: Public Record Report a problem
        3/2/2022Price change$90,000-9.5%$44/sqft
        Source: GSREIN #2328972 Report a problem
        1/27/2022Price change$99,500-17.1%$48/sqft
        Source: GSREIN #2328972 Report a problem
        1/17/2022Listed for sale$120,000$58/sqft
        Source: GSREIN #2328972 Report a problem
        12/22/2021Listing removed--
        Source: GSREIN #2320304 Report a problem
        10/26/2021Listed for sale$120,000$58/sqft
        Source: GSREIN #2320304 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$926 +76%$7,470 +82.4%
        2024$526 +145991.7%$4,096 -0.8%
        2023$0 $4,127
        2022-- $4,127
        2021-- $4,127
        2020-- $4,127 -8.3%
        2019-- $4,501
        2018-- $4,501 +2.9%
        2017$658 -0.4%$4,374
        2016$661 +1.8%$4,374 +3.5%
        2015$649 +0.9%$4,226
        2014$644 +0.5%$4,226
        2013$641 $4,226 -2.9%
        2012-- $4,350
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 70437

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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