NOT LISTED FOR SALE

1625 S 8th St Monroe, LA 71202

Southside Neighborhood

Estimated Value: $65,118 - $83,000

3 Beds
1 Bath
1,294 Sq Ft
$57/Sq Ft Est. Value

Last Sold July 31, 2024

Current estimated payment $399/month

41 Days on Market

Highlights

  • 1 Acre Lot
  • Corner Lot
  • Attached Carport
  • Ranch Style House
  • Shed
  • Ceiling Fan

About This Home

As of July 2024

Welcome to this fantastic investment opportunity! This charming property boasts 3 bedrooms, 1 bathroom, with 968 square feet of living space. Situated on a corner lot, this home is an investor's dream. Currently occupied by long-term tenants, this property offers immediate rental income. The interior is open concept with spacious bedrooms. Situated on a corner lot, it is, perfect for hassle-free upkeep. Additionally, the neighborhood provides easy access to amenities and schools which appeals to potential tenants. Don't miss out on this exceptional opportunity to acquire a property with stable rental income and promising investment potential. Schedule a showing today and seize the chance to own this lucrative investment property!

Last Agent to Sell the Property

Stacy Clark

Coldwell Banker Group One Realty License #995712397 Listed on: 03/19/2024

Coldwell Banker Group One Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 1 Acre Lot
  • Corner Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 3 Bedrooms
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range

Parking

  • 1 Car Garage
  • Attached Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System
  • Gas Available
  • Electric Water Heater

Additional Features

  • Shed
  • Mineral Rights

Community Details

  • Ouachita Cotton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46928

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Build
  • Style: Ranch/Rambler
  • Age: 50+
  • Estimated Heated Sq Ft: 968
  • Estimated Total Sq Ft: 1294
  • Electric Companies: Entergy
  • Estimated Number of Acres: 0.19
  • Parish: OUACHITA
  • Stories: One
  • Year Built: 1955
  • Directions: Take exit the Columbia/Bastrop exit from I-20. Turn right/merge onto S 14th St. Turn right onto Orange St. Turn left onto S 8th St.
  • Geo Longitude: -92.09322
  • Mls Number: 209305
  • Subdivision: OUACHITA COTTON
  • System ID: 209305
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Electric Range/Oven
  • Interior Amenities: Ceiling Fan(s)
  • Windows: Single Pane
  • Number Of Bedrooms: 3
  • Master Bedroom: On Level: 1, Dimensions: 10.8x15.5, vinyl
  • Bedroom 2: On Level: 1, Dimensions: 11x10.34, vinyl
  • Bedroom 3: On Level: 1, Dimensions: 10.4x11.34, vinyl
  • Full Bathrooms: 1
  • Living Room: On Level: 1, Dimensions: 15.3x11.2, vinyl
  • Kitchen: On Level: 1, Dimensions: 7.8x9.3, vinyl
  • Dining Room: On Level: 1, Dimensions: 7.3x8.7, vinyl
  • Windows Treatments: None Stay

Exterior Features

  • Exterior: Asbestos Siding
  • Exterior Amenities: Hard Surface Drv., Shed, Paved Street
  • Foundation: Slab
  • Roof: Asphalt Shingle

Garage/Parking

  • Garage Type: Attached Carport
  • Garage Capacity: One

Utilities

  • Cooling: Wall/Window Unit
  • Gas: Available, Natural Gas
  • Heating: Window Unit
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Acreage: Less than 1 Acre
  • Geo Subdivision: LA
  • Lot Description: Corner Lot
  • Lot Size: .19 acres
  • Mineral Rights: Purchase to Acquire
  • Parcel Number: 46928
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jul 29, 2024
Sold by
Skipper Kathy Lynn and Fitch Terra Leigh
Bought by
Rone Deunka
Seller's Agent
Stacy Clark
Coldwell Banker Group One Realty
List Price
$72,000
Views
138
Current Estimated Value
$74,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$48,000
Outstanding Balance
$47,457
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$26,823
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
Rone Deunka $69,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rone Deunka $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold -- -- --
04/23/2024 04/23/24 Price Changed $69,500 -3.5% $54 / Sq Ft
03/19/2024 03/19/24 For Sale $72,000 -- $56 / Sq Ft
Source: Northeast REALTORS® of Louisiana

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 $168 $1,452 $400 $1,052
2023 $168 $1,452 $400 $1,052
2022 $154 $1,452 $400 $1,052
2021 $153 $1,452 $400 $1,052
2020 $153 $1,452 $400 $1,052
2019 $152 $1,452 $400 $1,052
2018 $39 $1,452 $400 $1,052
2017 $145 $1,307 $360 $947
2016 $121 $1,089 $300 $789
2015 $39 $1,452 $400 $1,052
2014 $160 $1,452 $400 $1,052
2013 $39 $1,452 $400 $1,052
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stacy Clark

    Coldwell Banker Group One Realty

    (318) 362-0007

    1 in this area

    34 Total Sales

    Stacy Clark
    Section Image
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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 209305

Northeast REALTORS® of Louisiana

APN: 46928

Louisiana Ouachita Parish Monroe 71202 Southside

1625 S 8th St, Monroe, LA

Not Listed for Sale

Detached

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