NOT LISTED FOR SALE

301 E Tennessee Ave Ruston, LA 71270

Estimated Value: $274,000 - $297,647

8 Beds
6 Baths
2,912 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 06, 2021

Current estimated payment $1,623/month

121 Days on Market

Highlights

  • Central Air
  • Glen View Elementary School Rated A
  • Heating Available

About This Home

As of July 2021

Here is your chance to own a multi unit property close to the state of the art Ruston sports complex! 6 units total, 2 duplexes and 2 single family homes that are 100% occupied. Call today for your appointment! Information provided is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Kim Brasher

Brasher Group License #0000053575 Listed on: 01/19/2021

Co-Listed By

Turner Brasher

Brasher Group License #995684520

Last Buyer's Agent

Turner Brasher

Brasher Group License #995684520

Property Details

Home Type

  • Multi-Family

Year Built

  • 1982

Lot Details

  • 1.7

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Electric Oven
  • Electric Range

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Gas Available
  • Electric Water Heater

Additional Features

  • Laundry in unit
  • Crawl Space
  • 1.7 Acre Lot

Community Details

  • Gross Income $34,900

Listing and Financial Details

  • Assessor Parcel Number 36183000030

Property Details

Home Type

Multi-Family

Year Built

1982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: MULTI-UNIT PROPERTIES
  • Electric Companies: City of Ruston
  • Estimated Number of Acres: 1.7
  • Parish: LINCOLN
  • Water Companies: City of Ruston
  • Year Built: 1982
  • Occupied Percent: 100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range/Oven
  • Interior Amenities: Smoke Detector
  • Laundry: Private

Exterior Features

  • Exterior: Frame
  • Exterior Amenities: Gravel Drive
  • Foundation: Crawl Space, Slab
  • Roof: Asphalt Shingle

Utilities

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

Lot Info

  • Geo Subdivision: LA
  • Lot Size: 1.7
  • Parcel Number: 36183000030
  • Zoning: Res.

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2018
Sold by
Ca Friedman Llc
Bought by
Wayne Co
Current Estimated Value
$283,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Outstanding Balance
$184,209
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$99,453

Purchase Details

Closed on
Aug 13, 2013
Sold by
Buckless Lawrence H
Bought by
Burbank Square Llc

Purchase Details

Closed on
Jun 12, 2008
Sold by
Buckless Lawrence H
Bought by
Burbank Square Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 21, 2007
Sold by
Agape Investment Group Llc
Bought by
Buckless Lawrence H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Wayne Co $257,000 --
Burbank Square Llc $41,220 None Available
Burbank Square Llc $200,000 None Available
Buckless Lawrence H $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wayne Co $213,000
Previous Owner Burbank Square Llc $160,000
Previous Owner Buckless Lawrence H $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold -- -- --
04/16/2021 04/16/21 Price Changed $249,000 -3.9% $86 / Sq Ft
02/05/2021 02/05/21 Price Changed $259,000 -7.2% $89 / Sq Ft
01/21/2021 01/21/21 Price Changed $279,000 +7.7% $96 / Sq Ft
01/19/2021 01/19/21 For Sale $259,000 -- $89 / 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 $1,864 $21,834 $4,428 $17,406
2023 $1,745 $19,630 $2,453 $17,177
2022 $1,753 $19,630 $2,453 $17,177
2021 $1,623 $19,630 $2,453 $17,177
2020 $1,429 $17,195 $2,453 $14,742
2019 $1,396 $17,195 $2,453 $14,742
2018 $1,358 $17,195 $2,453 $14,742
2017 $1,362 $17,195 $2,453 $14,742
2016 $1,357 $0 $0 $0
2015 $1,278 $14,883 $2,115 $12,768
2013 $1,410 $16,163 $2,115 $14,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 195948

Northeast REALTORS® of Louisiana

APN: 3961