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1516 Shannon Road

1516 Shannon Road, Alexandria, LA 71301
Property in Cherokee Village
Sold May 09, 2018
$145,000
$142,373
Mortgage Due May 09, 2048
Sold Jul 11, 2012
$120,000
$114,000 by Red River Bank
Mortgage Due Aug 01, 2042
1516 Shannon Road in Alexandria, LA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1516 Shannon Road has 1,618 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 87,120 square feet.

Learn more about the property and building on this page. The condition of the building has been evaluated as average. The property was last sold in May 4, 2018 for $145,000. That's $89.62 per sqft. Prior to that sales transaction, the property was also sold in Jul 10, 2012 for $120,000. 1516 Shannon Road was last assessed in 2023. The total value of the property was assessed at $14,500. Specifically, the land the property is located on was valued at $1,900. While improvements on the property were assessed at a total of $12,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $757. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,618
  • Gross Building Area: 2,023
  • Building Area: 1,618
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,618
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHANDLER PARK
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 10 CHANDLER PARK (CB W.R. DONALDSON)(CB 1161-700 SUCC; R RING) (CB 1914-084 JOP: B RING)(CB 1921-263 RING ET AL)(CB 2087

Ownership

  • Current Owner : SARIALE ADRIAN LEE
  • Previous Owner : RACHAL RYAN HILLERY
  • Owner Before Previous Owner: RING ROBERT LEE
  • Owner Before Previous Owner 2: DUPREE MARY ELIZABETH RING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rapides Parish School District
  • Census Tract: 012400

Geography

  • Account Number: 663869
  • District: WARD 1
  • Parcel: 23-008-01640-0009
  • Lot: 10
  • Meridian: SEC 08 TWN 03N RNG 01W
  • Municipality: WARD 1
  • Latitude: 31.2682
  • Longitude: -92.4814

    Address

  • Full Address: 1516 Shannon Rd
  • Address - House Number: 1516
  • Address - Street Name: Shannon
  • Address - Suffix Type: Rd
  • State: LA
  • City Name: Alexandria
  • Carrier Code: C026
  • 4-Digit Zip Code: 2844
  • Zip Code: 71301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $757
  • Tax Rate Code Area: 01AE

    Appraisal Valuation

  • Standard Deviation: 0.1064
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 78
  • Final Value: 154,110
  • High Value: 170,514
  • Low Value: 137,705

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,373
  • First Open Lien Mortgage Recording Date: May 09, 2018
  • First Open Lien Mortgage Loan Amount: $142,373
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 09, 2048

    Market Valuation

  • Market Total Value: $145,000
  • Market Land Value: $19,000
  • Market Improvement Value: $126,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,500
  • Assessed Land Value: $1,900
  • Assessed Improvements Value: $12,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2018
  • Current Sale Recording Date: May 09, 2018
  • Current Sale Transaction ID: 11464321191
  • Current Sale Price: $145,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1624091
  • Previous Sale Recording Date: Jul 11, 2012
  • Previous Sale Contract Date: Jul 10, 2012
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: May 09, 2018
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: RED RIVER BANK
  • Previous Mortgage Transaction Date: Jul 11, 2012
  • Previous Mortgage Loan Amount: $114,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2042

About Southwestern Alexandira



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Frequently Asked Questions

What neighborhood is 1516 Shannon Road located in?
The 1516 Shannon Road is a located in the neighborhood of Cherokee Village in Southwestern Alexandira, Alexandria.
What is the average sales price for listings in 1516 Shannon Road?
The average sales price for units in 1516 Shannon Road is $0 currently.

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