$55,000
SOLD JUL 9, 2020
Last list price

588 Highway 557 West Monroe, LA 71292

4 Beds
2 Baths
2,300 Sq Ft
1 Acres

Recently Sold

$24 Per Sq Ft

1 Day on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Central Heating and Cooling System
  • Brick Veneer
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of April 2021

Investment opportunity! 4 Bedroom 2 Bath home on over 1 1/2 acres ready to renovate and call home or flip. Don't let this Opportunity pass you up.

Last Agent to Sell the Property

Craig Morris

Coldwell Banker Group One Realty License #0000021190 Listed on: 05/22/2020

Coldwell Banker Group One Realty

Last Buyer's Agent

Pamela Stephens

Keller Williams Parishwide Partners License #0995686163

Keller Williams Parishwide Partners

Home Details

Home Type

  • Single Family

Year Built

  • 1961

Lot Details

  • 1 Acre Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 4 Bedrooms
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Dishwasher

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Outdoor Storage
  • Mineral Rights

Listing and Financial Details

  • Assessor Parcel Number 32351

Home Details

Home Type

Single Family

Year Built

1961

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Site Build
  • Style: Traditional
  • Age: 41 - 50
  • Estimated Heated Sq Ft: 2300
  • Estimated Total Sq Ft: 2300
  • Electric Companies: Entergy
  • Estimated Number of Acres: 1.56
  • Parish: OUACHITA
  • Price Per H Sq Ft: 31.09
  • Price Per Sq Ft: 31.09
  • Stories: One
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1961

Interior Features

  • Appliances: Dishwasher, Elec Surface Unit
  • Interior Amenities: Ceiling Fan(s)
  • Windows: Metal
  • Number Of Bedrooms: 4
  • Master Bedroom: On Level: 1, Dimensions: 12.5X13, CARPET
  • Bedroom 2: On Level: 1, Dimensions: 12 1/2 X12, CARPET
  • Bedroom 3: On Level: 1, Dimensions: 11X11.5, CARPET
  • Bedroom 4: On Level: 1, Dimensions: 11X11.5, CARPET
  • Full Bathrooms: 2
  • Family Room: On Level: 1, Dimensions: 11.5X15.5, CARPET
  • Living Room: On Level: 1, Dimensions: 26X13, CARPET
  • Kitchen: On Level: 1, Dimensions: 13X15, CARPET
  • Dining Room: On Level: 1, Dimensions: 12X17, CARPET
  • Windows Treatments: All Stay

Exterior Features

  • Exterior: Brick Veneer
  • Exterior Amenities: Paved Street, Storage Building
  • Foundation: Crawl Space, Slab
  • Roof: Architecture Style

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Central
  • Sewer: Septic
  • Water: Public
  • Water Heater: Electric

Schools

  • Elementary School: WOODLAWN O
  • Middle School: WOODLAWN O
  • High School: WEST OUACHITA

Lot Info

  • Acreage: 1 - 2 Acres
  • Geo Subdivision: LA
  • Lot Description: Cleared Lot
  • Lot Size: 1.56 ACRES
  • Mineral Rights: Purchase to Acquire
  • Parcel Number: 32351
  • Price Per Acre: 35256.41
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 16, 2021
Sold by
Pamela Petrus Llc
Bought by
Parker Kayla D and Parker Jacob T
Seller's Agent
Shane Wooten
Keller Williams Parishwide Partners
Buyer's Agent
Jennifer Goddard
Keller Williams Parishwide Partners
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Total Days on Market
1
Current Estimated Value
$227,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,889
Avg. Annual Appreciation
-1.81%
Original Mortgage
$240,562
Outstanding Balance
$219,537
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$7,574
Source: Public Records

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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 $245,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,562 Purchase Money Mortgage
Previous Owner $175,140 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold -- -- --
03/23/2021 03/23/21 For Sale $249,900 +354.4% $107 / Sq Ft
07/09/2020 07/09/20 Sold -- -- --
05/22/2020 05/22/20 For Sale $55,000 -- $24 / Sq Ft
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 -- $7,200 $550 $6,650
2023 $646 $7,200 $550 $6,650
2022 $639 $7,200 $550 $6,650
2021 $647 $7,200 $550 $6,650
2020 $647 $7,200 $550 $6,650
2019 $645 $7,200 $550 $6,650
2018 $0 $7,200 $550 $6,650
2017 $645 $7,200 $550 $6,650
2016 $645 $7,200 $550 $6,650
2015 -- $7,200 $550 $6,650
2014 -- $7,200 $550 $6,650
2013 -- $7,200 $550 $6,650
Source: Public Records

Agents Affiliated with this Home

  • Shane Wooten

    Seller's Agent in 2021

    Shane Wooten

    Keller Williams Parishwide Partners

    (318) 348-1943

    618 Total Sales

    Shane Wooten
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Pamela Stephens

    Keller Williams Parishwide Partners

    (318) 812-7653

    104 Total Sales

    Pamela Stephens
    Section Image
  • Jennifer Goddard

    Buyer's Agent in 2021

    Jennifer Goddard

    Keller Williams Parishwide Partners

    (318) 372-2737

    Section Image
  • Craig Morris

    Seller's Agent in 2020

    Craig Morris

    Coldwell Banker Group One Realty

    (800) 864-2755

    75 Total Sales

    Craig Morris
    Section Image
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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 193156

Northeast REALTORS® of Louisiana

APN: 32351

Louisiana Ouachita Parish West Monroe 71292

588 Highway 557, West Monroe, LA

This home is located at 588 Highway 557, West Monroe, LA 71292 and is currently estimated at $55,000, approximately $23 per square foot. This property was built in 1961. 588 Highway 557 is a home located in Ouachita Parish with nearby schools including Woodlawn Elementary School, Woodlawn Middle School, and West Ouachita High School.

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