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2506 Palmetto Drive

2506 Palmetto Drive, Bossier City, LA 71111
Property in Bossier
Sold Jan 07, 2022
$236,000
$244,496 by Mortgage Research Center Llc
Mortgage Due Jan 07, 2052
Sold Dec 05, 2011
$192,500
$187,619 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2042
Local assessors in Bossier City, LA have categorized 2506 Palmetto Drive as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 130,680 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2506 Palmetto Drive has a total of 1,715 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. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. 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, 2506 Palmetto Drive sold most recently in Jan 6, 2022 for a total of $236,000. If you work out the math, that's approximately a cost of $111.80 per sqft. Before that, the property was also sold for $192,500 in Dec 2, 2011. 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 $1,418 in taxes each year. 2506 Palmetto Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,657. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1984
  • Effective Year Built: 1984
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: A
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 2,111
  • Gross Building Area: 2,111
  • Building Area: 2,111
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,715
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROWNLEE ESTATES #6 CORR MAP
  • Land Acres: 3
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 269, ELY 3 FT. OF LOT 268, WLY 4 FT. OF LOT 270, CORRECTION MAP OF BROWNLEE ESTATES UNIT #6.

Ownership

  • Current Owner : CRIPE MARCUS
  • Current Owner 2: CRIPE ANN
  • Previous Owner : TEUTSCH BRUCE M
  • Previous Owner 2: GATES-TEUTSCH MARY L
  • Owner Before Previous Owner: HARRIS ROBERT SCOTT
  • Owner Before Previous Owner 2: HARRIS DAWN ELIZABETH WEEMS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bossier Parish School District
  • School Tax School District: PARISH O/S BC
  • School Tax District Code 2: PARISH IN BC
  • School Tax District Code 3: RED RIVER WW
  • Census Tract: 011120

Geography

  • Assessors Map Reference: S112 0269
  • District: WARD 2
  • Subdivision Phase Number: 6
  • Parcel: 136572
  • Lot: 268-270
  • Meridian: SEC 04 TWN 18N RNG 13W
  • Municipality: BC WD 2
  • Latitude: 32.574
  • Longitude: -93.7191

    Address

  • Full Address: 2506 Palmetto Dr
  • Legal Unit: 6
  • Address - House Number: 2506
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Bossier City
  • Carrier Code: C019
  • 4-Digit Zip Code: 2029
  • Zip Code: 71111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,418

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 301,512
  • High Value: 366,541
  • Low Value: 236,482

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,496
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jan 07, 2022
  • First Open Lien Mortgage Loan Amount: $244,496
  • 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: Jan 07, 2052

    Market Valuation

  • Market Total Value: $206,574
  • Market Land Value: $25,000
  • Market Improvement Value: $181,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,657

    Sales

  • Current Sale Contract Date: Jan 06, 2022
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Transaction ID: 11877539273
  • Current Sale Price: $236,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1281354
  • Previous Sale Recording Date: Dec 05, 2011
  • Previous Sale Contract Date: Dec 02, 2011
  • Previous Sale Amount: $192,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jan 07, 2022
  • First Mortgage Loan Amount: $244,496
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 05, 2011
  • Previous Mortgage Loan Amount: $187,619
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2042

About Bossier City



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Nearby Rentals

Unit for rent at 115 Dover Court, Bossier City, LA, 71111

$3,000 /mo

  • 4 Beds
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  • 3,100 ft²
115 Dover Court #115 Dover Court, Bossier City, LA, 71111 Listing by Manager

Frequently Asked Questions

What neighborhood is 2506 Palmetto Drive located in?
The 2506 Palmetto Drive is a located in the neighborhood of Bossier in Bossier City, Bossier City.
What is the average sales price for listings in 2506 Palmetto Drive?
The average sales price for units in 2506 Palmetto Drive is $0 currently.

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