NOT LISTED FOR SALE

120 Freds Rd Lake Charles, LA 70615

-- Bed
1 Bath
20,938 Sq Ft
3 Acres

About This Home

This home is located at 120 Freds Rd, Lake Charles, LA 70615. 120 Freds Rd is a home located in Calcasieu Parish with nearby schools including John J. Johnson II Elementary School, Ralph F. Wilson Elementary School, and Ray D. Molo Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2016
Sold by
Freds Road Llc
Bought by
Lake Area Equipment Maintenance Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,111,949
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2014
Sold by
Freds Road Property Llc
Bought by
Freds Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,667
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 29, 2013
Sold by
Weatherford Us Lp
Bought by
Freds Road Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.54%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lake Area Equipment Maintenance Inc $1,230,000 The Security Titlte Guarante
Freds Road Llc $110,000 None Available
Freds Road Property Llc $790,000 Gulf South Land Title Resou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Area Equipment Maintenance Inc $1,400,000
Previous Owner Freds Road Llc $766,667
Previous Owner Freds Road Property Llc $640,000
Source: Public Records

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 $9,932 $78,420 $11,940 $66,480
2023 $9,932 $78,420 $11,940 $66,480
2022 $10,016 $78,420 $11,940 $66,480
2021 $10,837 $78,420 $11,940 $66,480
2020 $9,168 $64,520 $11,340 $53,180
2019 $11,378 $77,330 $10,850 $66,480
2018 $4,740 $35,000 $10,850 $24,150
2017 $4,355 $35,000 $10,850 $24,150
2016 $4,411 $35,000 $10,850 $24,150
2015 $4,411 $35,000 $10,850 $24,150
Source: Public Records

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