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2044 Red Cut Road

2044 Red Cut Road, West Monroe, LA 71292
Property in Ouachita
Sold Mar 25, 2021
$154,000
$144,000 by Centric Federal Credit Union
Mortgage Due Mar 25, 2051
Local assessors in West Monroe, LA have categorized 2044 Red Cut Road as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 217,800 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2044 Red Cut Road has a total of 1,758 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2044 Red Cut Road sold most recently in Mar 25, 2021 for a total of $154,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 2044 Red Cut Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,700. If we break it down further, the land itself was valued at $400. Improvements to the property, however, were assessed at a total of $5,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 0
  • Building Area: 1,758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,758
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: A PARCEL OF LAND IN SE 1/4 OF SE 1/4 SEC 17 T16N R3E FROM THE SW COR NO 450 FT TO PT OF BEG, NO 210 FT, E 660 FT, SO 660 FT,

Ownership

  • Current Owner : HOPKINS JOSEPH L
  • Current Owner 2: HOPKINS TESSA M
  • Previous Owner : THOMAS ERNEST L
  • Previous Owner 2: THOMAS-BALL MARTHA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ouachita Parish School District
  • Census Tract: 010502

Geography

  • District: 8
  • Parcel: 33656
  • Meridian: SEC 17 TWN 16 RNG 03
  • Municipality: WARD EIGHT
  • Latitude: 32.3658
  • Longitude: -92.1783

    Address

  • Full Address: 2044 Red Cut Rd
  • Address - House Number: 2044
  • Address - Street Name: Red Cut
  • Address - Suffix Type: Rd
  • State: LA
  • City Name: West Monroe
  • Carrier Code: R006
  • 4-Digit Zip Code: 1683
  • Zip Code: 71292

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.4385
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 12
  • Final Value: 116,842
  • High Value: 168,088
  • Low Value: 65,595

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: CENTRIC FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $144,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 25, 2051

    Market Valuation

  • Market Total Value: $57,000
  • Market Land Value: $4,000
  • Market Improvement Value: $53,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,700
  • Assessed Land Value: $400
  • Assessed Improvements Value: $5,300

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11828950790
  • Current Sale Price: $154,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1821458

    Last Sale Mortgage

  • First Mortgage Lender: CENTRIC FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Ouachita



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Frequently Asked Questions

What neighborhood is 2044 Red Cut Road located in?
The 2044 Red Cut Road is a located in the neighborhood of Ouachita in Ouachita, West Monroe.
What is the average sales price for listings in 2044 Red Cut Road?
The average sales price for units in 2044 Red Cut Road is $0 currently.

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