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501 Frazier Street

501 Frazier Street, Monroe, LA 71203
Property in Ouachita
Sold Feb 19, 2014
$112,270
$110,235 by American Southwest Mortgage Co
Mortgage Due Mar 01, 2044
Sold Sep 13, 2012
$68,000
501 Frazier Street has been categorized by the local assessors in Monroe, LA as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 501 Frazier Street has 1,876 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,767 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of brick. In terms of heating, it is utilizing a central heating system. 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, 501 Frazier Street sold most recently in Feb 14, 2014 for a total of $112,270. If you work out the math, that's approximately a cost of $59.85 per sqft. Before that, the property was also sold for $68,000 in Aug 31, 2012. 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 $267 in taxes each year. 501 Frazier Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,361. If we break it down further, the land itself was valued at $1,500. Improvements to the property, however, were assessed at a total of $7,861. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C-
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 14,767
  • Total Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESHORE SUBD EXT-3
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 7 SQ 12 EXT. 3 LAKESHORE ADDN

Ownership

  • Current Owner : BUFFINGTON KAREN R
  • Previous Owner : WOFFORD ELIZABETH MARIE
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ouachita Parish School District
  • Census Tract: 000500

Geography

  • District: 10
  • Parcel: 35320
  • Lot: 7
  • Meridian: SEC 70 TWN 18 RNG 04
  • Municipality: WARD TEN
  • Latitude: 32.5354
  • Longitude: -92.0394

    Address

  • Full Address: 501 Frazier St
  • Address - House Number: 501
  • Address - Street Name: Frazier
  • Address - Suffix Type: St
  • State: LA
  • City Name: Monroe
  • Carrier Code: C035
  • 4-Digit Zip Code: 4023
  • Zip Code: 71203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $267
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2537
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 165,335
  • High Value: 207,297
  • Low Value: 123,373

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,235
  • First Open Lien Mortgage Lender: AMERICAN SOUTHWEST MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Feb 19, 2014
  • First Open Lien Mortgage Loan Amount: $110,235
  • 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: Mar 01, 2044

    Market Valuation

  • Market Total Value: $93,606
  • Market Land Value: $15,000
  • Market Improvement Value: $78,606

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,361
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $7,861

    Sales

  • Current Sale Contract Date: Feb 14, 2014
  • Current Sale Recording Date: Feb 19, 2014
  • Current Sale Transaction ID: 1181691166
  • Current Sale Price: $112,270
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1645011
  • Previous Sale Recording Date: Sep 13, 2012
  • Previous Sale Contract Date: Aug 31, 2012
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SOUTHWEST MORTGAGE CO
  • First Mortgage Transaction Date: Feb 19, 2014
  • First Mortgage Loan Amount: $110,235
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2044

About Lakeshore



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 501 Frazier Street located in?
The 501 Frazier Street is a located in the neighborhood of Ouachita in Lakeshore, Monroe.
What is the average sales price for listings in 501 Frazier Street?
The average sales price for units in 501 Frazier Street is $0 currently.

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