NOT LISTED FOR SALE

4674 Highway 151 Downsville, LA 71234

Estimated Value: $281,456

7 Beds
7 Baths
4,890 Sq Ft
$58/Sq Ft Est. Value

Last Sold July 05, 2018

Current estimated payment $1,688/month

775 Days on Market

Highlights

  • Fruit Trees
  • Covered Patio or Porch
  • Walk-In Closet
  • Deck
  • Balcony
  • Courtyard

About This Home

As of July 2018

Own a piece of history in Downsville, LA. This property was formerly the Bryan Sausage plant built in 1969 and a federally inspected plant that was successful business for many years. In the late 1990's, a portion of the plant burned and was rebuilt into 2 town homes and the office portion of the building was converted into 2 apartments. The property consists of 10.105 acres, approximately 10,000 sf building, and an additional bungalow that has been used as a cabana/storage that could be converted to an additional unit. Additional areas of the building have been used as a theater room, art studio, and storage. The apartments/townhouses take up approximately 5,000sf, leaving the remaining to be converted to additional office, apartments, retail space, etc. The possibilities are endless! This would be an excellent investment for an investor, a large extended family to live all together, or someone who would like to live on the property and rent the other units for income. No mobile homes allowed according to the town of Downsville.

Last Agent to Sell the Property

Tanya Stutz Lowery

United Country Lifestyle Properties License #0000022739 Listed on: 05/01/2016

Last Buyer's Agent

Keith Lowery

United Country Lifestyle Properties License #0000071249

Property Details

Home Type

  • Apartment

Lot Details

  • 10.1 Acre Lot
  • Fruit Trees

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • Walk-In Closet
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Covered Patio or Porch
  • Breezeway
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Separate Meters
  • Electric Water Heater

Community Details

  • Gardener Expense $300
  • Insurance Expense $1,125
  • Maintenance Expense $300
  • Utility Expense $350
  • Gross Income $3,230

Listing and Financial Details

  • Assessor Parcel Number 0050024816

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Apartments
  • Electric Companies: Entergy
  • Gas Companies: Centerpoint
  • Estimated Number of Acres: 10.1
  • Parish: UNION
  • Insurance Expense: 1125/yr
  • Landscape Expense: 300/mo
  • Maintenance Expense: 300/mo
  • Occupied Percent: 25
  • Property Tax Parish: 1149/yr
  • Utilities Expenses: 350/mo
  • Utilities Paid By Landlord: 90/mo
  • Vacant Percent: 75
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator, Gas Range/Oven, Electric Range/Oven, Microwave, Range Hood, Trash Compactor, Washer, Dryer, Washer/Dryer Connect
  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Walk In Closet
  • Fireplace: Gas Log, Freestanding
  • Laundry: Private

Exterior Features

  • Landscaping: Fruit Trees
  • Exterior: Block, Cedar/Cypress
  • Exterior Amenities: Gravel Drive, Paved Street, Gutters
  • Foundation: Slab
  • Porch Patio: Porch Covered, Covered Patio, Open Deck, Breezeway, Covered Balcony, Courtyard
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 10+

Utilities

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

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 0050024816

Multi Family

  • Number Of Units: 4

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2018 07/05/18 Sold -- -- --
06/15/2018 06/15/18 Pending -- -- --
05/01/2016 05/01/16 For Sale $245,000 -- $50 / 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 $2,478 $29,901 $787 $29,114
2023 $1,802 $21,743 $787 $20,956
2022 $1,464 $21,743 $787 $20,956
2021 $1,802 $21,743 $787 $20,956
2020 $1,802 $21,743 $787 $20,956
2019 $1,673 $20,816 $700 $20,116
2018 $0 $20,816 $700 $20,116
2017 $0 $20,816 $700 $20,116
2016 $218 $20,816 $700 $20,116
2015 $218 $14,008 $48 $13,960
2014 $218 $14,008 $48 $13,960
2013 $984 $14,010 $50 $13,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 172300

Northeast REALTORS® of Louisiana

APN: 15203