218 Standard Reed Rd West Monroe, LA 71291
Claiborne NeighborhoodEstimated payment $5,491/month
Highlights
- 4.32 Acre Lot
- Shed
- Ceiling Fan
- George Welch Elementary School Rated A-
- Central Heating and Cooling System
About This Home
Investment opportunity for 11 units with room for possibly 2 more homes to be added - 2 Cabins - 9 Trailers total - 2 trailers are 2021 models - 5 have had a complete remodel completed - Rental income totals $8,000.00 a month - All seperate water meters and city sewer - Expenses include yard maintance of $150.00 per month and taxes currently at $2,800 annually.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,932
Lot Details
- 4.32 Acre Lot
Home Design
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Fire and Smoke Detector
Kitchen
- Dishwasher
- Disposal
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Outdoor Features
- Exterior Lighting
- Shed
- Outbuilding
Utilities
- Central Heating and Cooling System
- Separate Meters
- Gas Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 26014
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,932 | $23,479 | $10,229 | $13,250 |
| 2023 | $2,932 | $20,829 | $10,229 | $10,600 |
| 2022 | $2,602 | $20,829 | $10,229 | $10,600 |
| 2021 | $2,634 | $29,328 | $10,229 | $19,099 |
| 2020 | $2,647 | $29,465 | $10,229 | $19,236 |
| 2019 | $2,065 | $21,001 | $5,820 | $15,181 |
| 2018 | $2,065 | $13,956 | $5,820 | $8,136 |
| 2017 | $2,065 | $13,906 | $5,820 | $8,086 |
| 2016 | $2,064 | $20,881 | $5,820 | $15,061 |
| 2015 | $1,195 | $20,881 | $5,820 | $15,061 |
| 2014 | $900 | $13,906 | $5,820 | $8,086 |
| 2013 | $897 | $13,956 | $5,820 | $8,136 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2024 01/27/24 | For Sale | $950,000 | 0.0% | -- |
| 12/12/2023 12/12/23 | Off Market | -- | -- | -- |
| 06/13/2023 06/13/23 | For Sale | $950,000 | 0.0% | -- |
| 04/11/2023 04/11/23 | Off Market | -- | -- | -- |
| 06/09/2022 06/09/22 | For Sale | $950,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $34,000 | None Available | |
| Deed | $84,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $144,202 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $175,000 | Credit Line Revolving | |
| Previous Owner | $20,193 | Unknown | |
| Previous Owner | $120,000 | Unknown | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $249,500 | Unknown |
Source: Northeast REALTORS® of Louisiana
MLS Number: 201985
APN: 26014
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