NOT LISTED FOR SALE

702 Smith St West Monroe, LA 71292

Brownsville Neighborhood

Estimated Value: $112,000 - $167,000

7 Beds
4 Baths
2,969 Sq Ft
$46/Sq Ft Est. Value

Last Sold February 02, 2018

Current estimated payment $847/month

36 Days on Market

Highlights

  • Covered patio or porch
  • Central Heating and Cooling System
  • Ceiling Fan
  • West Monroe High School Rated A

About This Home

As of February 2018

Awesome investment opportunity!! Well and neatly maintained property with 8 potential income units. Main house is 2 bedroom/1 bath with 1074 HSF plus 448 SF of storage. Presently being lived in by seller. Unit 2 is 1 bedroom/1 bath with 456 HSF. Units 3, 4 & 5 or 2 bedroom/1 bath cottages with 737 HSF. Unit 6 is a mobile home with 2 bedrooms/1 bath with 702 HSF. Unit 7 is a mobile home with 1 bedroom/1 bath with 840 HSF. Unit 8 is a travel trailer that is 216 SF. The 3 cottages were built 10 years ago. Roof on the main house is approximately 4 months old. Sewer is available for 2 more spots to add more income producing units! Priced to sell! Call today for more information.

Last Agent to Sell the Property

Jackie Guillot

Vanguard Realty License #0995683688 Listed on: 10/16/2017

Co-Listed By

Inga Jackson

Vanguard Realty License #0995690003

Last Buyer's Agent

Jacob Duvall

Keller Williams Parishwide Partners License #0995709000

Keller Williams Parishwide Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $958

Lot Details

  • 2

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding
  • Metal Siding

Interior Spaces

  • Ceiling Fan
  • Crawl Space
  • Laundry in unit

Kitchen

  • Electric Oven
  • Electric Range

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Gas Available
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Insurance Expense $2,820
  • Maintenance Expense $2,400
  • Other Expense $4,500
  • Gross Income $43,500
  • Net Operating Income $32,580

Listing and Financial Details

  • Assessor Parcel Number 82898; 120829; 124324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$958

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: MULTI-UNIT PROPERTIES
  • Electric Companies: Entergy
  • Gas Companies: Atmos
  • Parish: OUACHITA
  • Water Companies: Greater Ouachita
  • Insurance Expense: 2820.00
  • Maintenance Expense: 2400.00
  • Occupied Percent: 87%
  • Other Expense: Vacancy - $4500
  • Property Tax Parish: 1200.00
  • Vacant Percent: 13%
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range/Oven
  • Interior Amenities: Ceiling Fan(s), Cable
  • Laundry: Private

Exterior Features

  • Exterior: Frame, Asbestos Siding, Metal Siding
  • Exterior Amenities: Gravel Drive, Outbuildings, Paved Street
  • Foundation: Crawl Space
  • Porch Patio: Porch Covered
  • Roof: Asphalt Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit
  • Gas: Available
  • Heating: Central, Wall Heater
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Natural Gas
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Lot Size: .91 Acre
  • Parcel Number: 82898; 120829; 124324

Multi Family

  • Number Of Units: 8

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Elevated Property Mgmt $157,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold -- -- --
11/21/2017 11/21/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $244,000 -- $82 / 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 $958 $3,501 $526 $2,975
2023 $958 $3,501 $526 $2,975
2022 $921 $3,501 $526 $2,975
2021 $878 $9,779 $526 $9,253
2020 $878 $9,779 $526 $9,253
2019 $876 $7,762 $263 $7,499
2018 $876 $3,501 $526 $2,975
2017 $876 $3,501 $526 $2,975
2016 $875 $9,779 $526 $9,253
2015 $587 $9,779 $526 $9,253
2014 $587 $6,804 $526 $6,278
2013 $582 $8,025 $526 $7,499
Source: Public Records

Agents Affiliated with this Home

  • Jackie Guillot

    Seller's Agent in 2018

    Jackie Guillot

    Vanguard Realty

    (318) 855-2925

    168 Total Sales

    Jackie Guillot
    Section Image

  • I

    Seller Co-Listing Agent in 2018

    Inga Jackson

    Vanguard Realty

  • Jacob Duvall

    Buyer's Agent in 2018

    Jacob Duvall

    Keller Williams Parishwide Partners

    (281) 414-3711

    2 in this area

    107 Total Sales

    Jacob Duvall
    Section Image
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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 179828

Northeast REALTORS® of Louisiana

APN: 82898

Louisiana Ouachita Parish West Monroe 71292 Brownsville

702 Smith St, West Monroe, LA

This home is located at 702 Smith St, West Monroe, LA 71292 since 16 October 2017 and is currently estimated at $136,667, approximately $46 per square foot. 702 Smith St is a home located in Ouachita Parish with nearby schools including Riser Elementary School, Riser Middle School, and West Monroe High School.

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