NOT LISTED FOR SALE

12388 Highway 1131 Welsh, LA 70591

Estimated Value: $263,000 - $563,000

28.7 Acres
$15,811 Price per Acre
1,250,172 Sq Ft Lot

Last Sold March 19, 2020

Current estimated payment $2,753/month

467 Days on Market

About This Lot

As of March 2020

Beautiful reclaimed farmland ready for your dream home or development! This sprawling 24+ acre tract of country heaven exhibits all the best attributes of what makes Louisiana such a beautiful place to live! Check out MLS 177399 vacant land listing--can be purchased together! All measurements M/L.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,276

Lot Details

  • 28.7 Acre Lot
  • Lot Dimensions are 1152.9400x1052.0000x1570.0000x948.1400
  • Zoning described as Agricultural

Location

  • Outside City Limits

Utilities

  • Water Not Available
  • Sewer Not Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,276

Lot Details

0

Listing Details

  • Property Sub Type: Land
  • Property Type: Land
  • Lot Features: Outside City Limits
  • LotSizeAcres: 28.7
  • Lot Size: 1152.9400x1052.0000x1570.0000x948.1400
  • Co List Office Phone: 337-478-1601
  • Directions: Hwy 90, Ardoin Cove Lacassine (Bayou Rum) exit from I-10, South on 101, East on Hwy 90, South on Hwy 1131, Land is on the left along hwy 1131 after first bend in the road.
  • PropertySubTypeAdditional: Land
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 66000.0
  • Special Features: VirtualTour

Utilities

  • Sewer: None
  • Utilities: Sewer Not Available, Water Not Available
  • Water Source: None

Lot Info

  • Current Use: Agricultural
  • Lot Size Sq Ft: 1250172.0
  • Zoning Description: Agricultural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Mar 16, 2020
Sold by
Andrus Elizabeth G
Bought by
Kolwe John W
List Price
$250,000
Current Estimated Value
$453,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.41%

Purchase Details

Closed on
Jan 18, 2007
Sold by
Fontenot Stephanie Cormier
Bought by
Fontenot Mark Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Kolwe John W $545,000 None Available
Morgan Alan $66,000 None Available
Fontenot Mark Alan $100,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold -- -- --
12/08/2019 12/08/19 Pending -- -- --
08/28/2018 08/28/18 For Sale $250,000 -- --
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 $4,276 $42,698 $2,448 $40,250
2023 $3,353 $37,369 $2,369 $35,000
2022 $2,680 $37,369 $2,369 $35,000
2021 $3,353 $37,369 $2,369 $35,000
2020 $3,346 $37,314 $2,314 $35,000
2019 $2,818 $31,126 $3,626 $27,500
2018 $3,159 $31,126 $3,626 $27,500
2017 $3,162 $31,126 $3,626 $27,500
2015 $2,985 $29,602 $3,602 $26,000
2014 $2,988 $29,602 $3,602 $26,000
2013 $3,048 $29,602 $3,602 $26,000
Source: Public Records

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: 166327

APN: 700136800