$1,500,000
SOLD JUL 24, 2025
Last list price

5041 Imperial Dr Houma, LA 70360

6.48 Acres
$231,481 Price per Acre
282,269 Sq Ft Lot

Recently Sold

1,266 Days on Market

Highlights

  • Waterfront
  • Terrebonne High School Rated A-
  • Cul-De-Sac

About This Lot

As of July 2025

Vacant commercial property. Beautiful bayou side property located in the heart of Houma. Just off of Highway 311.

Last Agent to Sell the Property

Hank Babin

LOGAN H. BABIN REAL ESTATE License #57860 Listed on: 05/28/2020

Last Buyer's Agent

Hank Babin

LOGAN H. BABIN REAL ESTATE License #57860 Listed on: 05/28/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,286

Lot Details

  • 6.48 Acre Lot
  • Lot Dimensions are 655x185x198x75x121x86x64x40x17
  • Waterfront
  • Cul-De-Sac

Community Details

  • Imperial Park Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$9,286

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Lot Size: 655x185x198x75x121x86x64x40x17
  • Subdivision Name: Imperial Park
  • Special Features: None

Exterior Features

  • Lot Features: Dead-End Lot
  • Acres: 6.48
  • Pool Private: No
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Terrebonne Parish

Lot Info

  • Fencing: None
  • Lot Size Sq Ft: 282268.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 15, 2025
Sold by
Severinus Real Estate L L C
Bought by
Imperial Terrace L L C
Seller's Agent
Hank Babin
LOGAN H. BABIN REAL ESTATE
Buyer's Agent
Hank Babin
LOGAN H. BABIN REAL ESTATE
List Price
$1,500,000
Current Estimated Value
$1,330,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$6,146,000
Outstanding Balance
$6,141,609
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$4,811,040

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 14, 2025
Sold by
Imperial Terrace L L C
Bought by
Louisiana Housing Corporation
Seller's Agent
Hank Babin
LOGAN H. BABIN REAL ESTATE
Buyer's Agent
Hank Babin
LOGAN H. BABIN REAL ESTATE
List Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,146,000
Outstanding Balance
$6,141,609
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$4,811,040

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 1, 2025
Sold by
Imperial Terrace Llc
Bought by
Houma-Terrebonne Public Trust
Seller's Agent
Hank Babin
LOGAN H. BABIN REAL ESTATE
Buyer's Agent
Hank Babin
LOGAN H. BABIN REAL ESTATE
List Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,146,000
Outstanding Balance
$6,141,609
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$4,811,040

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 5, 2025
Sold by
Imperial Terrace Llc
Bought by
Woodmen Of The World Life Insurance Society L
Seller's Agent
Hank Babin
LOGAN H. BABIN REAL ESTATE
Buyer's Agent
Hank Babin
LOGAN H. BABIN REAL ESTATE
List Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,146,000
Outstanding Balance
$6,141,609
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$4,811,040
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Deed $1,325,000 None Listed On Document
Deed $1,325,000 None Listed On Document
Limited Warranty Deed $18,364,849 None Listed On Document
Limited Warranty Deed $18,364,849 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,146,000 New Conventional
Closed $6,146,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold -- -- --
11/15/2023 11/15/23 Pending -- -- --
05/28/2020 05/28/20 For Sale $1,500,000 -- --
Source: Bayou Board of REALTORS®

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 $9,286 $98,880 $98,880 $0
2023 $9,286 $94,170 $94,170 $0
2022 $8,725 $94,170 $94,170 $0
2021 $8,581 $94,170 $94,170 $0
2020 $8,275 $94,170 $94,170 $0
2019 $7,395 $77,830 $77,830 $0
2018 $7,381 $77,830 $77,830 $0
2017 $7,360 $77,830 $77,830 $0
2015 $6,934 $74,125 $74,125 $0
2014 $7,113 $74,125 $0 $0
2013 $7,043 $74,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bayou Board of REALTORS®

MLS Number: 158712

Bayou Board of REALTORS®

APN: 9361