NOT LISTED FOR SALE

408 S Sparta St Unit 410 S. Spara St. Ruston, LA 71270

Estimated Value: $174,000 - $276,073

4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold January 14, 2022

Current estimated payment $1,199/month

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • 3-minute walk to Lincoln Parish Park
  • Glen View Elementary School Rated A

About This Home

As of January 2022

Great investment opportunity. Close to LA Tech and Downtown Ruston. This property features 2 units. The ground floor unit is two bedrooms and 1 bath. It has a large living area, separate dining room and large kitchen. The second unit is on the second floor and is also 2 bedrooms and 1 bath. Both units are currently rented. 408 rents for $800 per month and 410 rents for $600 per month.

Last Agent to Sell the Property

Brandon Crume

RE/MAX RESULTS REALTY License #0995684140 Listed on: 02/10/2021

Co-Listed By

Jennifer Crume

RE/MAX RESULTS REALTY License #0995684468

Last Buyer's Agent

Mark Sisk

Re/Max Premier Realty License #0099564688

Re/Max Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • 1917

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Dishwasher

Utilities

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

Community Details

  • Gross Income $16,800

Listing and Financial Details

  • Assessor Parcel Number 2518391730A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

1917

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Duplex
  • Electric Companies: City of Ruston
  • Gas Companies: Centerpoint
  • Estimated Number of Acres: 0.16
  • Parish: LINCOLN
  • Water Companies: City of Ruston
  • Year Built: 1917
  • Occupied Percent: 100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Gas Surface Unit, Washer/Dryer Connect
  • Interior Amenities: Ceiling Fan(s), Smoke Detector

Exterior Features

  • Exterior: Frame
  • Exterior Amenities: Hard Surface Drive, Gravel Drive, Paved Street
  • Foundation: Piers
  • Roof: Asphalt Shingle

Utilities

  • Cooling: Central Air, Electric
  • Gas: Installed
  • Heating: Natural Gas, Central
  • Sewer: Public
  • Water: Public
  • Water Heater: Natural Gas
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 2518391730A

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Origin Construction Llc
Bought by
Emory Maria Y and Foreman Emory Yvette
Current Estimated Value
$209,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,425
Outstanding Balance
$125,521
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$83,747

Purchase Details

Closed on
May 22, 2015
Sold by
Edminson Jacob K and Edminson Susan C
Bought by
Mgr Rentals Llc

Purchase Details

Closed on
Jul 6, 2009
Sold by
Young Virigina Gay
Bought by
Cannon Edminson Jacob Kyle and Cannon Edminson Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,280
Interest Rate
4.84%
Mortgage Type
FHA
Source: Public Records

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
Emory Maria Y $169,900 None Listed On Document
Mgr Rentals Llc $120,000 None Available
Cannon Edminson Jacob Kyle $122,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emory Maria Y $127,425
Previous Owner Cannon Edminson Jacob Kyle $120,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold -- -- --
01/11/2022 01/11/22 Off Market -- -- --
02/10/2021 02/10/21 For Sale $160,000 -- --
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 $1,150 $13,467 $966 $12,501
2023 $1,290 $14,512 $1,530 $12,982
2022 $1,296 $14,512 $1,530 $12,982
2021 $1,200 $14,511 $1,530 $12,981
2020 $1,046 $12,588 $1,530 $11,058
2019 $1,022 $12,588 $1,530 $11,058
2018 $994 $12,588 $1,530 $11,058
2017 $997 $12,588 $1,530 $11,058
2016 $993 $0 $0 $0
2015 $1,043 $12,139 $1,562 $10,577
2013 $1,067 $12,227 $1,562 $10,665
Source: Public Records

Agents Affiliated with this Home

  • Brandon Crume

    Seller's Agent in 2022

    Brandon Crume

    RE/MAX

    (318) 278-5252

    148 Total Sales

    Brandon Crume
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jennifer Crume

    RE/MAX

    (318) 245-3258

    159 Total Sales

    Jennifer Crume
    Section Image
  • Mark Sisk

    Buyer's Agent in 2022

    Mark Sisk

    RE/MAX

    (318) 801-4344

    351 Total Sales

    Mark Sisk
    Section Image
See All Agents

Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 196278

Northeast REALTORS® of Louisiana

APN: 7050

Louisiana Lincoln Parish Ruston 71270

408 S Sparta St Unit 410 S. Spara St., Ruston, LA

Not Listed for Sale

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