NOT LISTED FOR SALE

602 S Bonner St Unit 604 S. Bonner St. Ruston, LA 71270

Estimated Value: $161,000 - $194,000

5 Beds
2 Baths
2,397 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 09, 2021

Current estimated payment $1,060/month

93 Days on Market

Highlights

  • Covered patio or porch
  • Central Heating and Cooling System
  • Gas Log Fireplace
  • Glen View Elementary School Rated A
  • Ceiling Fan
  • 2-minute walk to Lincoln Parish Park

About This Home

As of December 2021

Great investment property with two rental units. The main house is a three bedroom, one bath with original hardwood floors. This home has a large living room, separate dining room and breakfast area. The second unit is two bedrooms and one bathroom. Call a local REALTOR to schedule a showing TODAY!

Last Listed By

Brandon Crume

RE/MAX RESULTS REALTY License #0995684140 Listed on: 07/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $941

Year Built

  • 1920

Lot Details

  • 0.31

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Gas Oven
  • Gas Range

Parking

  • 5 Parking Spaces
  • 1 Covered Space

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Natural Gas Water Heater

Additional Features

  • Covered patio or porch
  • 0.31 Acre Lot

Community Details

  • Gross Income $18

Listing and Financial Details

  • Assessor Parcel Number 2518324772B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$941

Year Built

1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: MULTI-UNIT PROPERTIES
  • Electric Companies: City of Ruston
  • Gas Companies: Centerpoint
  • Estimated Number of Acres: 0.31
  • Parish: LINCOLN
  • Price Per Sq Ft: 490322.58
  • Water Companies: City of Ruston
  • Year Built: 1920
  • Occupied Percent: 50
  • Property Tax Parish: 950.70
  • Vacant Percent: 50
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Gas Range/Oven
  • Interior Amenities: Ceiling Fan(s), Smoke Detector
  • Fireplace: One, Gas Log, In Living Room
  • Laundry: Private

Exterior Features

  • Exterior: Frame
  • Exterior Amenities: Hard Surface Drive, Paved Street
  • Foundation: Piers, Slab
  • Porch Patio: Porch Covered
  • Roof: Asphalt Shingle

Garage/Parking

  • Covered Parking Spaces: 1
  • Total Parking Spaces: 5

Utilities

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

Lot Info

  • Geo Subdivision: LA
  • Lot Size: .31
  • Parcel Number: 2518324772B
  • Price Per Acre: 516129.03
  • Zoning: Res

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2015
Sold by
Pennywell Joshua Ables
Bought by
Mgr Rentals Llc
Total Days on Market
93
Current Estimated Value
$175,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,574
Outstanding Balance
$114,935
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$60,615

Purchase Details

Closed on
Feb 3, 2009
Sold by
Crum Ash David Lynn and Crum Ash Becky
Bought by
Pennywell Joshua Ables

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,395
Interest Rate
5.17%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Mgr Rentals Llc $105,000 None Available
Pennywell Joshua Ables -- First Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgr Rentals Llc $143,574
Previous Owner Pennywell Joshua Ables $111,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold -- -- --
07/19/2021 07/19/21 For Sale $160,000 -- $67 / 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 $941 $11,026 $279 $10,747
2023 $891 $10,023 $310 $9,713
2022 $895 $10,023 $310 $9,713
2021 $829 $10,023 $310 $9,713
2020 $892 $10,729 $310 $10,419
2019 $871 $10,729 $310 $10,419
2018 $848 $10,729 $310 $10,419
2017 $850 $10,729 $310 $10,419
2016 $846 $0 $0 $0
2015 $767 $8,928 $403 $8,525
2013 $779 $8,928 $403 $8,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 198309

Northeast REALTORS® of Louisiana

APN: 646