NOT LISTED FOR SALE

309 Drew Ave West Monroe, LA 71291

Estimated Value: $36,000 - $62,198

3 Beds
1 Bath
980 Sq Ft
$50/Sq Ft Est. Value

Last Sold July 06, 2023

Current estimated payment $276/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Central Heating and Cooling System
  • West Monroe High School Rated A
  • 1-Story Property
  • Ceiling Fan

About This Home

As of July 2023

Here's your opportunity to build your rental portfolio, or get one started. 3 bedroom 1 bath near West Monroe High School with a ready made tenant. Central heat/ air (recently replaced), non porous flooring throughout, new paint and some flooring, covered front porch and large back yard.

Last Agent to Sell the Property

Craig Morris

Coldwell Banker Group One Realty License #0000021190 Listed on: 06/01/2023

Coldwell Banker Group One Realty

Last Buyer's Agent

Craig Morris

Coldwell Banker Group One Realty License #0000021190 Listed on: 06/01/2023

Coldwell Banker Group One Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $214

Year Built

  • 1963

Lot Details

  • 1 Acre Lot
  • Cleared Lot

Home Design

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

Interior Spaces

  • 3 Bedrooms
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Covered patio or porch
  • Mineral Rights

Listing and Financial Details

  • Assessor Parcel Number 72476

Home Details

Home Type

Single Family

Est. Annual Taxes

$214

Year Built

1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Build
  • Style: Traditional
  • Age: 50+
  • Estimated Heated Sq Ft: 900
  • Estimated Total Sq Ft: 980
  • Electric Companies: Entergy
  • Gas Companies: Atmos
  • Estimated Number of Acres: 0.4
  • Parish: OUACHITA
  • Price Per H Sq Ft: 46.67
  • Price Per Sq Ft: 46.67
  • Stories: One
  • Water Companies: City
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Connect
  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Windows: Single Pane
  • Number Of Bedrooms: 3
  • Master Bedroom: On Level: 1, Dimensions: 11X11, WOOD LAMINATE
  • Bedroom 2: On Level: 1, Dimensions: 10X11, WOOD LAMINATE
  • Bedroom 3: On Level: 1, Dimensions: 7.8X11, WOOD LAMINATE
  • Full Bathrooms: 1
  • Living Room: On Level: 1, Dimensions: 16X17, WOOD LAMINATE
  • Kitchen: On Level: 1, Dimensions: 10X11, VINYL

Exterior Features

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

Utilities

  • Cooling: Central Air, Electric
  • Gas: Natural Gas
  • Heating: Natural Gas, Central
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas

Schools

  • Elementary School: RIVERBEND O
  • Middle School: RISER O
  • High School: WEST MONROE HIGH SCHOOL

Lot Info

  • Acreage: Less than 1 Acre
  • Geo Subdivision: LA
  • Lot Description: Cleared Lot
  • Lot Size: 0.40 ACRE
  • Mineral Rights: Purchase to Acquire
  • Parcel Number: 72476
  • Price Per Acre: 120000
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 6, 2023
Sold by
Tj Wood Properties Llc
Bought by
Elevated Property Management Inc
Seller's Agent
Craig Morris
Coldwell Banker Group One Realty
Buyer's Agent
Craig Morris
Coldwell Banker Group One Realty
List Price
$48,000
Sold Price
$42,000
Premium/Discount to List
-$6,000
-12.5%
Total Days on Market
7
Views
34
Current Estimated Value
$48,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,550
Avg. Annual Appreciation
7.93%
Original Mortgage
$35,700
Outstanding Balance
$34,994
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
Estimated Equity
$13,556

Purchase Details

Closed on
Sep 22, 2021
Sold by
Chasey Investmetns Llc
Bought by
Tj Wood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,415
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Deseamus Martin Albert
Bought by
Chasey Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,598
Interest Rate
6.24%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Elevated Property Management Inc $42,000 None Listed On Document
Tj Wood Properties Llc $38,000 None Available
Chasey Investments Llc $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elevated Property Management Inc $35,700
Previous Owner Tj Wood Properties Llc $32,415
Previous Owner Tj Wood Properties Llc $32,415
Previous Owner Chasey Investments Llc $25,598
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold -- -- --
06/01/2023 06/01/23 For Sale $48,000 -- $49 / 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 $214 $2,500 $400 $2,100
2023 $214 $2,500 $400 $2,100
2022 $205 $2,500 $400 $2,100
2021 $205 $2,500 $400 $2,100
2020 $205 $2,500 $400 $2,100
2019 $201 $2,500 $400 $2,100
2018 $200 $2,500 $400 $2,100
2017 $180 $2,250 $360 $1,890
2016 $150 $2,500 $400 $2,100
2015 $199 $2,500 $400 $2,100
2014 $199 $2,500 $400 $2,100
2013 $199 $2,500 $400 $2,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 206026

Northeast REALTORS® of Louisiana

APN: 72476