$80,000
SOLD MAR 30, 2012
Last list price

559 W Railroad Ave Independence, LA 70443

-- Bed
-- Bath
3,664 Sq Ft
-- Built

Recently Sold

$22 Per Sq Ft

51 Days on Market

About This Home

As of August 2015

Great potential in downtown Independence - over 3,600 sq ft cinder block building, includes 1,200 sq ft apt. upstairs - needs work - could be renovated to live upstairs & run business downstairs or rent out entire building. GREAT potential - location right along railroad tracks on Hwy 51 (Railroad Avenue) downtown - zoned commercial - formerly operated as a bakery - sale includes building, some equipment & lot

Last Agent to Sell the Property

SHAWN FOX

Keller Williams Realty Services License #995700440 Listed on: 01/08/2012

Keller Williams Realty Services

Last Buyer's Agent

SHAWN FOX

Keller Williams Realty Services License #995700440 Listed on: 01/08/2012

Keller Williams Realty Services

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $845

Lot Details

  • Lot Dimensions are 80x2x33x44.5x113x42.5
  • Zoning described as COM

Interior Spaces

  • 3,664 Sq Ft Home
  • Property has 2 Levels

Location

  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70443559WRAILROADAV

Property Details

Property Type

Other

Est. Annual Taxes

$845

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 80x2x33x44.5x113x42.5
  • Subdivision Name: Not a Subdivision
  • Directions: Hwy 51 from Hammond - building is on left side of railroad tracks next door to BBQ restaurant
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Other
  • Year Built Details: 93
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • Living Area: 3664.0

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Block
  • Property Condition: Resale

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70443559WRAILROADAV
  • Zoning Description: COM
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Jp Farrell Realty Llc
Bought by
Dorian Fund I Independence Llc
Current Estimated Value
$51,305,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Outstanding Balance
$696,275
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$50,608,785
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $50,000,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $704,000 New Conventional
Previous Owner $49,278 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2015 08/20/15 Sold -- -- --
07/21/2015 07/21/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $129,900 0.0% $35 / Sq Ft
11/29/2013 11/29/13 Rented $800 -27.3% --
10/30/2013 10/30/13 Under Contract -- -- --
09/04/2013 09/04/13 For Rent $1,100 0.0% --
03/30/2012 03/30/12 Sold -- -- --
02/29/2012 02/29/12 Pending -- -- --
01/08/2012 01/08/12 For Sale $80,000 -- $22 / 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 $845 $0 $0 $0
2023 $790 $0 $0 $0
2022 $719 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2015

    Yvonne Hulsey

    Keller Williams Realty Services

    (985) 969-5058

    88 Total Sales

    Yvonne Hulsey
    Section Image

  • V

    Buyer's Agent in 2015

    VANESSA CARLISLE

    Acquisition Realty, Inc.

    Section Image

  • S

    Seller's Agent in 2013

    SHAWN FOX

    Keller Williams Realty Services

    (985) 727-7000

    76 Total Sales

    SHAWN FOX
    Section Image
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Map

Source: ROAM MLS

MLS Number: 900146

APN: 06554656

Louisiana Tangipahoa Parish Independence 70443

559 W Railroad Ave, Independence, LA

This home is located at 559 W Railroad Ave, Independence, LA 70443 and is currently estimated at $80,000, approximately $21 per square foot. 559 W Railroad Ave is a home located in Tangipahoa Parish with nearby schools including Independence Leadership Academy, Independence High Magnet, and Mater Dolorosa Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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