720 Downey Ln Monroe, LA 71201
Garden District NeighborhoodEstimated Value: $196,179 - $228,000
3
Beds
2
Baths
2,451
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- 1 Acre Lot
- Traditional Architecture
- Covered patio or porch
- Lexington Elementary School Rated A-
- Corner Lot
- Double Oven
About This Home
As of October 2013A house for a princess located on the corner in the Garden District. Charming front porch to sit on in summer evenings. 4 BR, 2 BA, hardwood floors. Wonderful sunroom with tile floors. White azaleas, copper maples, magnificent oak trees. Almost 2000 heated sq. ft. 2-car garage. Huge storage room/shop.
Last Listed By
Nancy Inabnett
John Rea Realty License #0000032928 Listed on: 03/18/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $895
Year Built
- 1947
Lot Details
- 1 Acre Lot
- Corner Lot
- Garden
Home Design
- Traditional Architecture
- Brick Veneer
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 3 Bedrooms
- 1-Story Property
- Ceiling Fan
- Shutters
- Storm Windows
- Washer and Dryer Hookup
Kitchen
- Double Oven
- Electric Oven
- Electric Range
- Range Hood
- Microwave
- Dishwasher
- Disposal
Parking
- 2 Car Garage
- Attached Carport
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Covered patio or porch
- Mineral Rights
Listing and Financial Details
- Assessor Parcel Number 54540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2013
Closed on
Oct 18, 2013
Sold by
Polk Rabb Mary Eleanor and Polk Aaron Cornelius
Bought by
Fava Robert Lewis and Gaines Fava Jammie Lou
Seller's Agent
Nancy Inabnett
John Rea Realty
Buyer's Agent
Judy McCurdy
Keller Williams Parishwide Partners
List Price
$160,000
Sold Price
$141,500
Premium/Discount to List
-$18,500
-11.56%
Total Days on Market
199
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,295
Avg. Annual Appreciation
3.45%
Original Mortgage
$113,200
Outstanding Balance
$86,761
Interest Rate
4.56%
Mortgage Type
New Conventional
Estimated Equity
$122,844
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Similar Homes in Monroe, LA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fava Robert Lewis | $141,500 | North Delta Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fava Robert Lewis | $113,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2013 10/18/13 | Sold | -- | -- | -- |
| 10/03/2013 10/03/13 | Pending | -- | -- | -- |
| 03/18/2013 03/18/13 | For Sale | $160,000 | -- | $65 / Sq Ft |
Source: Northeast REALTORS® of Louisiana
Tax History Compared to Growth
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 | $895 | $13,830 | $2,442 | $11,388 |
| 2023 | $895 | $13,830 | $2,442 | $11,388 |
| 2022 | $1,569 | $14,830 | $1,715 | $13,115 |
| 2021 | $1,565 | $14,830 | $1,715 | $13,115 |
| 2020 | $1,565 | $14,830 | $1,715 | $13,115 |
| 2019 | $1,556 | $14,830 | $1,715 | $13,115 |
| 2018 | $973 | $14,830 | $1,715 | $13,115 |
| 2017 | $1,642 | $14,830 | $1,715 | $13,115 |
| 2016 | $1,641 | $14,830 | $1,715 | $13,115 |
| 2015 | $1,012 | $14,830 | $1,715 | $13,115 |
| 2014 | $1,012 | $14,830 | $1,715 | $13,115 |
| 2013 | $1,010 | $14,830 | $1,715 | $13,115 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2013
Nancy Inabnett
John Rea Realty
(318) 537-2698
-
Judy McCurdy
Buyer's Agent in 2013
Judy McCurdy
Keller Williams Parishwide Partners
(318) 376-2122
11 in this area
77 Total Sales
Map
Source: Northeast REALTORS® of Louisiana
MLS Number: 157784
APN: 54540
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