NOT LISTED FOR SALE

562 Garr Rd Ruston, LA 71270

Estimated Value: $158,000 - $208,000

-- Bed
2 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold September 14, 2023

Current estimated payment $1,077/month

3 Days on Market

Highlights

  • Landscaped Professionally
  • Covered patio or porch
  • Central Heating and Cooling System
  • Glen View Elementary School Rated A
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of September 2023

Welcome to a delightful and well-maintained duplex! This property features two cozy 2-bedroom, 1-bath units, rent rates are under market but are ready for increase. Don't miss this excellent investment opportunity! Schedule a viewing today!

Last Listed By

Mikel Key

Mikel Realty LLC License #995706757 Listed on: 07/24/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,313

Year Built

  • 1950

Lot Details

  • 10,019

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Covered patio or porch
  • Landscaped Professionally

Listing and Financial Details

  • Assessor Parcel Number 18183GRR562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,313

Year Built

1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Duplex
  • Electric Companies: Entergy
  • Parish: LINCOLN
  • Water Companies: Mt. Zion Water
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1950

Interior Features

  • Appliances: Dishwasher, Refrigerator, Electric Range/Oven, Washer/Dryer Connect
  • Interior Amenities: Ceiling Fan(s), Walk In Closet
  • Laundry: Private

Exterior Features

  • Landscaping: Professional Landscaping
  • Exterior: Vinyl Siding
  • Exterior Amenities: Apartment
  • Foundation: Piers
  • Porch Patio: Porch Covered
  • Roof: Asphalt Shingle

Utilities

  • Cooling: Central Air
  • Heating: Electric, Central
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 18183GRR562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Sep 14, 2023
Sold by
Sidney Victorian Jr and Givens Lillie
Bought by
Naz07 Llc
Seller's Agent
Mikel Key
Mikel Realty LLC
Buyer's Agent
Lisa Govan
Lisa Govan Realty
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%
Total Days on Market
3
Views
165
Current Estimated Value
$174,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,601
Avg. Annual Appreciation
11.07%
Original Mortgage
$136,000
Outstanding Balance
$133,976
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$56,297

Range of Values:

Collateral Analytics

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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
Naz07 Llc $160,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naz07 Llc $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold -- -- --
07/26/2023 07/26/23 For Sale $185,000 0.0% --
07/25/2023 07/25/23 Off Market -- -- --
07/24/2023 07/24/23 For Sale $185,000 -- --
Source: Northeast REALTORS® of Louisiana

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 $1,313 $15,539 $257 $15,282
2023 $954 $10,695 $257 $10,438
2022 $959 $10,695 $257 $10,438
2021 $888 $10,695 $257 $10,438
2020 $856 $10,221 $257 $9,964
2019 $836 $10,221 $257 $9,964
2018 $813 $10,221 $257 $9,964
2017 $815 $10,221 $257 $9,964
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mikel Key

    Mikel Realty LLC

    (225) 270-6751

    21 Total Sales

    Mikel Key
    Section Image
  • Lisa Govan

    Buyer's Agent in 2023

    Lisa Govan

    Lisa Govan Realty

    (870) 315-9742

    227 Total Sales

    Lisa Govan
    Section Image
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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 206684

Northeast REALTORS® of Louisiana

APN: 36889

Louisiana Lincoln Parish Ruston 71270

562 Garr Rd, Ruston, LA

Homes for Sale in Ruston, LA

This home is located at 562 Garr Rd, Ruston, LA 71270 since 24 July 2023 and is currently estimated at $174,601. This property was built in 1950. 562 Garr Rd is a home located in Lincoln Parish with nearby schools including Cypress Springs Elementary School, Glen View Elementary School, and Ruston Junior High School.

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