NOT LISTED FOR SALE

212 W Colorado Ave Unit 214 W. Colorado Ave Ruston, LA 71270

Estimated Value: $171,000 - $207,000

4 Beds
2 Baths
-- Sq Ft
0.33 Acres

Last Sold August 31, 2023

Current estimated payment $1,177/month

6 Days on Market

Highlights

  • Living Room with Fireplace
  • Covered patio or porch
  • Ceiling Fan
  • Glen View Elementary School Rated A
  • Brick Veneer

About This Home

As of August 2023

Great investment, spacious duplex close to LA Tech campus and Downtown Ruston. Each unit in this property are two bedroom and one bath. Hardwood floors throughout, and large living spaces. Utilities are owner paid. Call a local REALTOR today to schedule a showing.

Last Listed By

Brandon Crume

RE/MAX RESULTS REALTY License #0995684140 Listed on: 07/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,399

Year Built

  • 1932

Lot Details

  • 0.33

Home Design

  • Duplex
  • Brick Veneer
  • Pillar, Post or Pier Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater

Additional Features

  • Covered patio or porch
  • 0.33 Acre Lot

Community Details

  • Utility Expense $4,158
  • Gross Income $22,404

Listing and Financial Details

  • Assessor Parcel Number 26183929E04

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,399

Year Built

1932

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Duplex
  • Electric Companies: City of Ruston
  • Gas Companies: Centerpoint
  • Estimated Number of Acres: 0.33
  • Parish: LINCOLN
  • Price Per Sq Ft: 545454.55
  • Water Companies: City of Ruston
  • Year Built: 1932
  • Occupied Percent: 100
  • Utilities Expenses: 4,158.44
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Electric Range/Oven, Microwave, Washer, Dryer, Washer/Dryer Connect
  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Fireplace: In Living Room
  • Laundry: Private

Exterior Features

  • Exterior: Brick Veneer
  • Exterior Amenities: Hard Surface Drive, Paved Street
  • Foundation: Piers
  • Porch Patio: Porch Covered
  • Roof: Asphalt Shingle

Utilities

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

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 26183929E04
  • Price Per Acre: 575757.58

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 31, 2023
Sold by
Greenstone Corporation
Bought by
Fee Lane Holdings Llc
Seller's Agent
Brandon Crume
RE/MAX RESULTS REALTY
Buyer's Agent
Briley Cotton
Brasher Group
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Total Days on Market
6
Views
138
Current Estimated Value
$189,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,415
Avg. Annual Appreciation
2.99%
Original Mortgage
$126,000
Outstanding Balance
$123,843
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$65,572

Purchase Details

Closed on
Jan 26, 2015
Sold by
Family Investment Resources Llc
Bought by
Mgr Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,023
Interest Rate
3.83%
Mortgage Type
New Conventional

Range of Values:

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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
Fee Lane Holdings Llc $180,000 None Listed On Document
Mgr Rentals Llc $92,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fee Lane Holdings Llc $126,000
Previous Owner Mgr Rentals Llc $237,023
Previous Owner Family Investment Resources Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold -- -- --
07/17/2023 07/17/23 For Sale $190,000 +5.6% --
12/06/2021 12/06/21 Sold -- -- --
02/10/2021 02/10/21 For Sale $180,000 -- --
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 $1,399 $16,391 $297 $16,094
2023 $1,135 $12,773 $2,888 $9,885
2022 $1,141 $12,773 $2,888 $9,885
2021 $1,056 $12,773 $2,888 $9,885
2020 $954 $11,478 $2,888 $8,590
2019 $932 $11,478 $2,888 $8,590
2018 $907 $11,478 $2,888 $8,590
2017 $909 $11,478 $2,888 $8,590
2016 $906 $0 $0 $0
2015 $802 $9,343 $2,310 $7,033
2013 $815 $9,343 $2,310 $7,033
Source: Public Records

Agents Affiliated with this Home

  • Brandon Crume

    Seller's Agent in 2023

    Brandon Crume

    RE/MAX

    (318) 278-5252

    162 Total Sales

    Brandon Crume
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jennifer Crume

    RE/MAX

    (318) 245-3258

    165 Total Sales

    Jennifer Crume
    Section Image

  • B

    Buyer's Agent in 2023

    Briley Cotton

    Brasher Group

    (318) 614-1940

    101 Total Sales

    Briley Cotton
    Section Image

  • M

    Buyer's Agent in 2021

    MLS NON

    NON MLS

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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 206609

Northeast REALTORS® of Louisiana

APN: 156

Louisiana Lincoln Parish Ruston 71270

212 W Colorado Ave Unit 214 W. Colorado Ave, Ruston, LA

Homes for Sale in Ruston, LA

This home is located at 212 W Colorado Ave Unit 214 W. Colorado Ave, Ruston, LA 71270 since 17 July 2023 and is currently estimated at $189,415. This property was built in 1932. 212 W Colorado Ave Unit 214 W. Colorado Ave 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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