500 East Colorado Avenue

500 East Colorado Avenue in Ruston, LA was first built in 1927 and is 97 years old. This has been categorized as a residential property type. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 500 East Colorado Avenue has 1,820 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 13,504 square feet.

Learn more about the property and building on this page. There is a porch. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. 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, 500 East Colorado Avenue sold most recently in Apr 29, 2022 for a total of $5,700,000. If you work out the math, that's approximately a cost of $3,131.87 per sqft. Before that, the property was also sold for $74,000 in Nov 26, 2014. 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 $818 in taxes each year. 500 East Colorado Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,202. If we break it down further, the land itself was valued at $314. Improvements to the property, however, were assessed at a total of $8,888. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.