NOT LISTED FOR SALE

531 W Railroad Ave Independence, LA 70443

Estimated Value: $277,000

-- Bed
-- Bath
7,790 Sq Ft
$36/Sq Ft Est. Value

Last Sold October 25, 2013

Current estimated payment $1,498/month

109 Days on Market

About This Home

As of October 2013

Great investment property! Property has great potential for a restaurant or office space.

Last Agent to Sell the Property

Yvonne Hulsey

Keller Williams Realty Services License #000004673 Listed on: 06/07/2013

Keller Williams Realty Services

Last Buyer's Agent

Yvonne Hulsey

Keller Williams Realty Services License #000004673 Listed on: 06/07/2013

Keller Williams Realty Services

Property Details

Property Type

  • Other

Lot Details

  • Lot Dimensions are 153.74x50
  • Zoning described as Com

Interior Spaces

  • 7,790 Sq Ft Home
  • Property has 2 Levels

Location

  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70443531WRAILROADAV

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size: 153.74X50
  • Subdivision Name: Not a Subdivision
  • Directions: Hwy 51 North to Independence. Property on left.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 80
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • Living Area: 7790.0

Exterior Features

  • Lot Features: City Lot
  • Property Condition: Resale

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70443531WRAILROADAV
  • Zoning Description: Com
  • Zoning: Com
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2007
Sold by
Lbj Of Independence Inc
Bought by
Peterson James Ray and Peterson Tonya York
Current Estimated Value
$277,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,129,552
Interest Rate
6.66%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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ICE

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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
Peterson James Ray $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson James Ray $1,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold -- -- --
09/25/2013 09/25/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $219,900 -- $28 / Sq Ft
Source: ROAM MLS

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 -- $8,442 $2,700 $5,742
2023 $0 $8,555 $2,500 $6,055
2022 $561 $8,555 $2,500 $6,055
2021 $524 $8,555 $2,500 $6,055
2020 $764 $8,555 $2,500 $6,055
2019 $768 $8,555 $2,500 $6,055
2018 $761 $8,555 $2,500 $6,055
2017 $768 $8,555 $2,500 $6,055
2016 $677 $8,555 $2,500 $6,055
2015 $639 $8,555 $2,500 $6,055
2014 $638 $8,555 $2,500 $6,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 954169

APN: 00897701