NOT LISTED FOR SALE

22085 Highway 157 Springhill, LA 71075

Estimated Value: $77,000 - $127,000

Studio
-- Bath
3,936 Sq Ft
$24/Sq Ft Est. Value

Last Sold March 17, 2023

Current estimated payment $501/month

224 Days on Market

Highlights

  • 1.64 Acre Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • Window Unit Cooling System

About This Home

As of March 2023

3 Mobile Homes on 1.68 acres and there is room to add another. Each has their own electric and water meter on city utilities. The homes are normally leased by the year and are in the back area off the street. Also included are some RV hook up sites in the front area close to the entrance that have been rented for $295 a month. Quiet country feel. Please do not disturb the tenants. Selling as is. Price is Reduced! Looking for Best Offer!
-Survey attached.

Last Agent to Sell the Property

Mary Cummings

Rose Realty LLC License #0995690033 Listed on: 06/20/2022

Last Buyer's Agent

Sabra Collier

RE/MAX UNITED License #0995683584

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 1.64 Acre Lot

Home Design

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

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Electric Range

Parking

  • 6 Parking Spaces
  • Shared Driveway
  • Open Parking

Schools

  • Webster Psb Elementary And Middle School
  • Webster Psb High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 3 Units
  • 2,700 Sq Ft Building
  • Springhill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 123781

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 36177
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 29.62963
  • Attribution Contact: 318-415-7977
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Interior Amenities: Other
  • Flooring: Laminate, Other
  • Appliances: Electric Range

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction Materials: Vinyl Siding

Garage/Parking

  • Cooling System: Central Air, Electric, Window Unit(s)
  • Number Of Parking Spaces: 6
  • Parking Features: Open, Shared Driveway

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Electricity Connected

Condo/Co-op/Association

  • Complex Name: Royal Oaks Mobile Home Pk
  • Association Type: None

Schools

  • School District: 40 School Dist #6

Lot Info

  • Lot Size: 1 to < 3 Acres
  • Lot Size Units: Square Feet
  • Lot Size Area: 71351.0000
  • Parcel Number: 123781
  • Lot Size Acres: 1.6380
  • Lot Size Sq Ft: 71351.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1990
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 5103.00
  • Gross Annual Income: 41280.00
  • Insurance Expense: 900
  • Unit Count: 3

MLS Schools

  • Middle School Name: Webster PSB
  • Elementary School Name: Webster PSB
  • High School Name: Webster PSB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Mar 15, 2023
Sold by
Vcm Assets Llc
Bought by
Elmore Damian Patrick
Seller's Agent
Mary Cummings
Rose Realty LLC
Buyer's Agent
Sabra Collier
RE/MAX UNITED
List Price
$98,000
Views
23
Current Estimated Value
$95,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$64,000
Outstanding Balance
$61,976
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$33,311

Purchase Details

Closed on
Oct 20, 2020
Sold by
Baker-Farrington Jackie S
Bought by
Vcm Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,506
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2009
Sold by
Farrington Terry Lane
Bought by
Farrington Jackie Sue Baker
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
Elmore Damian Patrick $80,000 United Title
Elmore Damian Patrick $80,000 United Title
Vcm Assets Llc $80,000 None Available
Farrington Jackie Sue Baker -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmore Damian Patrick $64,000
Closed Elmore Damian Patrick $64,000
Previous Owner Vcm Assets Llc $65,506
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold -- -- --
01/30/2023 01/30/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $85,000 -7.6% $22 / Sq Ft
01/09/2023 01/09/23 Price Changed $92,000 -6.1% $23 / Sq Ft
10/06/2022 10/06/22 For Sale $98,000 0.0% $25 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/17/2022 07/17/22 For Sale $98,000 0.0% $25 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $98,000 -- $25 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $70 $550 $550 $0
2023 $54 $500 $500 $0
2022 $29 $250 $250 $0
2021 $29 $250 $250 $0
2020 $30 $250 $250 $0
2019 $30 $250 $250 $0
2018 $31 $250 $250 $0
2017 $31 $250 $250 $0
2016 $32 $250 $250 $0
2010 $28 $250 $250 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mary Cummings

    Rose Realty LLC

    1 in this area

    42 Total Sales

    Mary Cummings
    Section Image
  • Sabra Collier

    Buyer's Agent in 2023

    Sabra Collier

    RE/MAX

    (318) 572-8621

    1 in this area

    176 Total Sales

    Sabra Collier
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20107554

North Texas Real Estate Information Systems (NTREIS)

APN: 123781

Louisiana Webster Parish Springhill 71075

22085 Highway 157, Springhill, LA

Not Listed for Sale

MultiFamily

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