Check Availability

404 Thatcher Lane

404 Thatcher Lane, Monroe, LA 71203
Property in Ouachita
Sold Oct 07, 2016
$215,000
$172,000 by Bankers Mortgage Center Inc
Mortgage Due Nov 01, 2046
Local assessors in Monroe, LA have categorized 404 Thatcher Lane as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 12,589 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 404 Thatcher Lane has a total of 1,638 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a hip style roof that was made of shingle (not wood). Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. The home's a central heating system is the primary heating source. 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, 404 Thatcher Lane sold most recently in Oct 7, 2016 for a total of $215,000. If you work out the math, that's approximately a cost of $131.26 per sqft. 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 $1,697 in taxes each year. 404 Thatcher Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,739. If we break it down further, the land itself was valued at $3,600. Improvements to the property, however, were assessed at a total of $16,139. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 12,589
  • Total Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,638
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THATCHER POINTE UNIT-01
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 3 THATCHER POINTE UNIT 1

Ownership

  • Current Owner : MICHAELIDES CHRISTOPHER GEORGE
  • Current Owner 2: MICHAELIDES BARBARA WERLING
  • Previous Owner : MURPHY CHARLES ADAM
  • Previous Owner 2: ROSE MURPHY MARY KATHRINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ouachita Parish School District
  • Census Tract: 010302

Geography

  • District: 1
  • Parcel: 110399
  • Block: 3
  • Lot: 3
  • Meridian: SEC 39 TWN 19 RNG 04
  • Municipality: WARD ONE
  • Latitude: 32.6419
  • Longitude: -92.0679

    Address

  • Full Address: 404 Thatcher Ln
  • Legal Unit: 1
  • Address - House Number: 404
  • Address - Street Name: Thatcher
  • Address - Suffix Type: Ln
  • State: LA
  • City Name: Monroe
  • Carrier Code: R011
  • 4-Digit Zip Code: 6516
  • Zip Code: 71203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,697
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.2383
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 66
  • Final Value: 257,394
  • High Value: 318,732
  • Low Value: 196,056

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,000
  • First Open Lien Mortgage Lender: BANKERS MORTGAGE CENTER INC
  • First Open Lien Mortgage Recording Date: Oct 07, 2016
  • First Open Lien Mortgage Loan Amount: $172,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $197,388
  • Market Land Value: $36,000
  • Market Improvement Value: $161,388

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,739
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $16,139

    Sales

  • Current Sale Contract Date: Oct 07, 2016
  • Current Sale Recording Date: Oct 07, 2016
  • Current Sale Transaction ID: 1814015323
  • Current Sale Price: $215,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 1714306

    Last Sale Mortgage

  • First Mortgage Lender: BANKERS MORTGAGE CENTER INC
  • First Mortgage Transaction Date: Oct 07, 2016
  • First Mortgage Loan Amount: $172,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

About Ouachita



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 404 Thatcher Lane located in?
The 404 Thatcher Lane is a located in the neighborhood of Ouachita in Ouachita, Monroe.
What is the average sales price for listings in 404 Thatcher Lane?
The average sales price for units in 404 Thatcher Lane is $0 currently.

Quantcast