NOT LISTED FOR SALE

1129 N Martin Luther King Hwy Lake Charles, LA 70601

Estimated Value: $489,478

0.39 Acre
$1,255,072 Price per Acre
16,988 Sq Ft Lot

Last Sold September 12, 2023

Current estimated payment $2,666/month

191 Days on Market

About This Lot

As of September 2023

Nice commercial corner lot in the city limits. Busy North/South corridor.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $970

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 140x120
  • Property fronts a highway
  • Corner Lot
  • 13343190
  • Zoning described as Commercial

Location

  • City Lot

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$970

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Property Type: Land
  • Lot Features: 0-1 Unit/Acre, Corner Lot, City Lot
  • LotSizeAcres: 0.39
  • Lot Size: 140x120
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Has HOA?: No
  • Co List Office Phone: 337-478-8530
  • Special Conditions: Standard
  • Directions: North on MLK from I-10. Property on left at corner of Blackwell St.
  • Is New Construction?: No
  • PropertySubTypeAdditional: Land
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 137500.0
  • Special Features: None

Utilities

  • Electric: Electricity - On Property
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16988.4
  • Additional Parcels Description: 13343190
  • Additional Parcels: Yes
  • Zoning Description: Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2012
Sold by
I & Z Llc
Bought by
Husker Partners/Us Bank
Current Estimated Value
$489,478

Purchase Details

Closed on
Jun 4, 2010
Sold by
Noor Petroleum L L C
Bought by
Rudisill Properties L L C

Purchase Details

Closed on
Aug 2, 2006
Sold by
City Of Lake Charles
Bought by
Kistachie Title Management Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Husker Partners/Us Bank -- None Available
Rudisill Properties L L C $300,000 None Available
Kistachie Title Management Inc $679 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold -- -- --
06/14/2023 06/14/23 Pending -- -- --
12/05/2022 12/05/22 For Sale $199,000 -- $159 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $970 $8,500 $8,500 $0
2023 $970 $8,500 $8,500 $0
2022 $978 $8,500 $8,500 $0
2021 $3,522 $31,900 $31,900 $0
2020 $3,921 $30,310 $30,310 $0
2019 $3,901 $29,000 $29,000 $0
2018 $3,561 $29,000 $29,000 $0
2017 $3,294 $29,000 $29,000 $0
2016 $3,304 $29,000 $29,000 $0
2015 $3,021 $20,240 $20,240 $0
Source: Public Records

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL22008993

APN: 00344230

Louisiana Calcasieu Parish Lake Charles 70601

1129 N Martin Luther King Hwy, Lake Charles, LA

Not Listed for Sale

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