NOT LISTED FOR SALE

502 E Russell Ave Welsh, LA 70591

Estimated Value: $44,000 - $100,000

2 Acres
$40,000 Price per Acre
87,120 Sq Ft Lot

Sale Details

Date Sold: February 25, 2025

Current estimated payment $436 / mo

1 Day on Market

Highlights

  • 2 Acre Lot
  • No HOA
  • Rectangular Lot
  • Welsh High School Rated A-

About This Lot

As of February 2025

Two acres of prime commercial property situated at the corner of E. Russell St/Hwy 90 & S. Simmons St. in Welsh, LA. This is a high volume traffic area and the property is located between the Family Dollar and Market Basket. There are many development options available for this 2 acre property.

Last Agent to Sell the Property

Jeffrey Papania

Kaizen Home Sales and Services License #18592 Listed on: 02/04/2025

Last Buyer's Agent

Jeffrey Papania

Kaizen Home Sales and Services License #18592 Listed on: 02/04/2025

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 212x416
  • Rectangular Lot
  • Zoning described as Commercial

Location

  • Outside City Limits

Community Details

  • No Home Owners Association
  • Willard Sub Subdivision

Property Details

Property Type

Land

Lot Details

2 Acres

Listing Details

  • Property Sub Type: Land
  • Property Type: Land
  • Lot Features: Outside City Limits, Rectangular Lot
  • LotSizeAcres: 2.0
  • Lot Size: 212x416
  • Has HOA?: No
  • Co List Office Phone: 337-725-4663
  • Special Conditions: Standard
  • Subdivision Name: Willard Sub
  • Directions: Exit 1-10 in Welsh and head south on South Adams St., turn east on E. Russell St., Property will be on the North side of the road
  • Is New Construction?: No
  • PropertySubTypeAdditional: Land
  • DaysOnMarketReplicationIncreasingYN: No
  • CurrentPrice: 95500.0
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Additional Parcels: No
  • Zoning Description: Commercial

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Feb 25, 2025
Sold by
Bought by
Seller's Agent
Jeffrey Papania
Kaizen Home Sales and Services
Buyer's Agent
Jeffrey Papania
Kaizen Home Sales and Services
List Price
$98,700
Current Estimated Value
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.21%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$95,500 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/25/2025 02/25/25 Sold -- -- --
02/05/2025 02/05/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $98,700 -- --
Source: Southwest Louisiana Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $137 $1,600 $1,600 $0
2024 $136 $1,600 $1,600 $0
2023 $120 $1,600 $1,600 $0
2022 $120 $1,600 $1,600 $0
2021 $120 $1,600 $1,600 $0
2020 $120 $1,600 $1,600 $0
2019 $274 $3,600 $3,600 $0
2018 $524 $6,000 $3,600 $2,400
2017 $524 $6,000 $3,600 $2,400
2015 $522 $6,000 $3,600 $2,400
2014 $523 $6,000 $3,600 $2,400
2013 $535 $6,000 $3,600 $2,400
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Papania

    Seller's Agent in 2025

    Jeffrey Papania

    Kaizen Home Sales and Services

    (337) 292-5181

    1 in this area

    103 Total Sales

    Jeffrey Papania
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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25000637

APN: 660273600

Louisiana Jefferson Davis Parish Welsh 70591

502 E Russell Ave, Welsh, LA

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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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