502 Wallace Rd West Monroe, LA 71291
Claiborne NeighborhoodEstimated payment $1,293/month
Highlights
- Above Ground Pool
- 1 Acre Lot
- Covered Patio or Porch
- Claiborne School Rated A
- Traditional Architecture
- Separate Outdoor Workshop
About This Home
Located in centrally located West Monroe, this updated 4-bedroom, 3-bath home sits on a 0.42-acre lot with a spacious, functional layout and workshop! The home features engineered wood floors, cypress kitchen cabinets, and multiple living and dining areas that give plenty of room to spread out. The primary suite was a full addition completed in 2023/2024 and includes a beautiful modern bathroom with a large tiled walk-in shower and an impressive walk-in closet with built-in storage. Off the laundry room is aan oversized interior walk-in storage closet- perfect for a hunting closet, gun safe, tool room, or seasonal storage without needing to access the attic. All bedrooms are a nice sized. Outside, the covered back porch offers built-in storage and electrical setup for a TV, overlooking the fenced backyard with a double gate. The property also includes a workshop with electricity featuring enclosed storage plus an open covered area that can house a boat, four-wheelers, or a vehicle, making it an ideal workspace. The home is serviced by two HVAC units: the main system from 2013 and a separate unit for the primary suite installed approximately two years ago. Seller is willing to leave the wood-fired hot tub (heated by a fire pit), trampoline, and swing set if desired. Centrally located near shopping, dining, and everyday conveniences. Schedule your showing today!
Open House Schedule
-
Sunday, November 23, 20252:00 to 4:00 pm11/23/2025 2:00:00 PM +00:0011/23/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $946
Year Built
- 1958
Lot Details
- 1 Acre Lot
- Chain Link Fence
- Landscaped
- Cleared Lot
Home Design
- Traditional Architecture
- Brick Veneer
- Slab Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Window Treatments
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 2 Car Garage
- Attached Carport
Outdoor Features
- Above Ground Pool
- Covered Patio or Porch
- Separate Outdoor Workshop
Location
- Mineral Rights
Schools
- Claiborne O Elementary School
- West Ridge Middl Middle School
- West Monroe High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
Community Details
- Oak Grove Subdivision
Listing and Financial Details
- Assessor Parcel Number 24907
Map
Home Values in the Area
Average Home Value in this Area
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 | $946 | $17,619 | $2,950 | $14,669 |
| 2023 | $946 | $15,317 | $2,950 | $12,367 |
| 2022 | $1,359 | $15,317 | $2,950 | $12,367 |
| 2021 | $1,146 | $12,761 | $2,950 | $9,811 |
| 2020 | $1,146 | $12,761 | $2,950 | $9,811 |
| 2019 | $1,143 | $12,761 | $2,950 | $9,811 |
| 2018 | $471 | $12,761 | $2,950 | $9,811 |
| 2017 | $537 | $6,000 | $1,250 | $4,750 |
| 2016 | $537 | $6,000 | $1,250 | $4,750 |
| 2015 | $536 | $6,000 | $1,250 | $4,750 |
| 2014 | -- | $6,000 | $1,250 | $4,750 |
| 2013 | $534 | $6,000 | $1,250 | $4,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $229,900 | -- | $63 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $120,000 | Chicago Title Insurance Co | |
| Deed | $63,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $95,000 | New Conventional |
Source: Northeast REALTORS® of Louisiana
MLS Number: 217236
APN: 24907
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