NOT LISTED FOR SALE

201 S Sparta St Ruston, LA 71270

Estimated Value: $180,000 - $234,000

4 Beds
4 Baths
3,614 Sq Ft
$56/Sq Ft Est. Value

Last Sold April 21, 2015

Current estimated payment $1,227/month

163 Days on Market

Highlights

  • Covered patio or porch
  • Ceiling Fan
  • Satellite Dish
  • Glen View Elementary School Rated A

About This Home

As of April 2015

Great Rental Unit. Average yearly rental amount is over 20K when at 100% occupancy. This unit is a consistent rental. Monthly rent is 2K at 100% occupancy. Great Investment. Just a half mile from Tech Campus.

Last Listed By

Bambi Hinson

Brasher Group License #0995680981 Listed on: 09/23/2014

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,235

Year Built

  • 1920

Lot Details

  • 0.44

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range

Outdoor Features

  • Covered patio or porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 241863247104

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,235

Year Built

1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Apartments
  • Electric Companies: City of Ruston
  • Gas Companies: Centerpoint
  • Parish: LINCOLN
  • Water Companies: City of Ruston
  • Year Built: 1920
  • Occupied Percent: 80
  • Vacant Percent: 20
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Gas Range/Oven
  • Interior Amenities: Ceiling Fan(s), Smoke Detector

Exterior Features

  • Exterior: Frame
  • Exterior Amenities: Satellite Dish, Paved Street
  • Foundation: Piers
  • Porch Patio: Porch Covered
  • Roof: Asphalt Shingle

Garage/Parking

  • Total Parking Spaces: street

Utilities

  • Cooling: Wall/Window Unit
  • Gas: Installed, Natural Gas
  • Heating: Natural Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Natural Gas
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 241863247104

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2014
Closed on
Apr 21, 2015
Sold by
Mayer Michael J and Mayer Susan
Bought by
Lincecum Properties Llc
Seller's Agent
Bambi Hinson
Brasher Group
Buyer's Agent
Bambi Hinson
Brasher Group
List Price
$149,900
Sold Price
$114,500
Premium/Discount to List
-$35,400
-23.62%
Total Days on Market
163
Current Estimated Value
$200,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,456
Avg. Annual Appreciation
5.73%
Original Mortgage
$161,973
Outstanding Balance
$127,482
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$73,474

Range of Values:

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Average Value
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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
Lincecum Properties Llc $114,500 North Delta Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lincecum Properties Llc $161,973
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2015 04/21/15 Sold -- -- --
03/05/2015 03/05/15 Pending -- -- --
09/23/2014 09/23/14 For Sale $149,900 -- $41 / 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 $1,235 $14,466 $396 $14,070
2023 $1,167 $13,131 $440 $12,691
2022 $1,173 $13,131 $440 $12,691
2021 $1,086 $13,131 $440 $12,691
2020 $927 $11,158 $440 $10,718
2019 $906 $11,158 $440 $10,718
2018 $881 $11,158 $440 $10,718
2017 $884 $11,158 $440 $10,718
2016 $726 $0 $0 $0
2015 $679 $7,906 $572 $7,334
2013 $690 $7,906 $572 $7,334
Source: Public Records

Agents Affiliated with this Home

  • Bambi Hinson

    Seller's Agent in 2015

    Bambi Hinson

    Brasher Group

    (318) 243-8569

    124 Total Sales

    Bambi Hinson
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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 165074

Northeast REALTORS® of Louisiana

APN: 5493

Louisiana Lincoln Parish Ruston 71270

201 S Sparta St, Ruston, LA

Homes for Sale in Ruston, LA

This home is located at 201 S Sparta St, Ruston, LA 71270 since 23 September 2014 and is currently estimated at $200,956, approximately $55 per square foot. This property was built in 1920. 201 S Sparta St is a home located in Lincoln Parish with nearby schools including Cypress Springs Elementary School, Glen View Elementary School, and Ruston Junior High School.

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