NOT LISTED FOR SALE

1959 Prairie Rd Monroe, LA 71202

Estimated Value: $185,532

-- Bed
-- Bath
-- Sq Ft
6.7 Acres

Last Sold November 07, 2023

Current estimated payment $1,020/month

2 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Heating Available
  • Separate Outdoor Workshop

About This Home

As of November 2023

Investment opportunity with room to grow! This 6.5+ acre park has been well looked after and is now looking for a new owner. Looking for a park to house hack? Live in the well kept, 15 year old 3/2 double-wide in the back (the previous owners residence) equipped with a shop and 3-car carport and rent to front of the park. OR rent out the double-wide and expand the current layout. This park has 14 rented lots, with the possibly to rent at least 4 more spaces (1 is the previous owner's double-wide, 1 is the previous owner's family member's lot, 1 has an abandoned mobile and rented and 1 is a shell that can be removed and rented). The carport could also be removed for more space. The abandoned mobile home can be claimed, repaired and rented, in addition to renting the previous owners double-wide in the back. The park has been permitted for 33 spots and the right of the mobile home park hasn't been developed yet. It is currently green space with a sitting pavilion. The park brings in $3,130 monthly (each lot rents for $220/mo, with the exception of a double-wide renting for $250/mo). Trash is $250/month. Oxidation pond testing is $150/ quarter. Property tax is currently $871/ year. Water ranges $700-1000/ month. There is a tenant that doesn't pay rent who collects rent and pays the trash company. The family member mows the property for $350/mo. The park nets roughly $1,500/mo depending on water and/or late fees. Tenants have been here for 10+ years.

Last Agent to Sell the Property

Chelsea Ross

Coldwell Banker Group One Realty Listed on: 10/19/2023

Coldwell Banker Group One Realty

Last Buyer's Agent

Taylor Stroud Woods

Harrison Lilly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $129

Lot Details

  • 6.7

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Vinyl Siding

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • Gas Available
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • 6.7 Acre Lot

Community Details

  • Gardener Expense $350
  • Maintenance Expense $250
  • Other Expense $150
  • Utility Expense $850
  • Gross Income $3,130
  • Net Operating Income $1,569

Listing and Financial Details

  • Assessor Parcel Number 17336, 33516, 121064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$129

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Trailer Park
  • Electric Companies: Entergy
  • Gas Companies: Atmos
  • Estimated Number of Acres: 6.7
  • Parish: OUACHITA
  • Price Per Sq Ft: 25373.13
  • Water Companies: Prairie Road
  • Landscape Expense: $350/mo
  • Maintenance Expense: $250/mo trash
  • Occupied Percent: 78
  • Other Expense: $150/qtr Ox. Pond
  • Property Tax City: $871.39/yr
  • Utilities Expenses: $850/mo avg
  • Vacant Percent: 22
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Connect

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Workshop, Shed
  • Foundation: Piers
  • Porch Patio: Open Deck
  • Roof: Metal

Utilities

  • Cooling: Electric
  • Gas: Available
  • Heating: Electric
  • Sewer: Oxidation
  • Water: Public
  • Water Heater: Electric
  • Electricity: Separate Meters

Schools

  • Elementary School: SHADY GROVE O
  • Middle School: RICHWOOD MIDDLE
  • High School: RICHWOOD HIGH

Lot Info

  • Geo Subdivision: LA
  • Lot Size: 6.5 + acres
  • Parcel Number: 17336, 33516, 121064
  • Price Per Acre: 26119.4

Multi Family

  • Number Of Units: 18

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold -- -- --
10/19/2023 10/19/23 For Sale $175,000 -- --
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 $129 $900 $900 $0
2023 $129 $900 $900 $0
2022 $117 $900 $900 $0
2021 $118 $900 $900 $0
2020 $118 $900 $900 $0
2019 $116 $900 $900 $0
2018 $110 $900 $900 $0
2017 $113 $900 $900 $0
2016 $110 $900 $900 $0
2015 $110 $900 $900 $0
2014 $110 $900 $900 $0
2013 $110 $900 $900 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 207677

Northeast REALTORS® of Louisiana

APN: 17336