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541 Monroe Drive

541 Monroe Drive, Natchitoches, LA 71457
Property in Natchitoches
Sold May 13, 2019
$295,000
$191,000 by Private Individual
Mortgage Due Jun 01, 2034
Sold May 13, 2019
$295,000
$191,000 by Private Individual
Mortgage Due Jun 01, 2034
Local assessors in Natchitoches, LA have categorized 541 Monroe Drive as a residential type of property. The property's lot size has been calculated to be 43,560 square feet.

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. The property was last sold in May 13, 2019 for $295,000. Prior to that sales transaction, the property was also sold in May 13, 2019 for $295,000. 541 Monroe Drive was last assessed in 2022. The total value of the property was assessed at $26,530. Specifically, the land the property is located on was valued at $5,570. While improvements on the property were assessed at a total of $20,960. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,950. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MONROE SIBLEY
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT IN LOT E OF MONROE'S SIBLEY LAKE SUBD. HAVING A FRONT ON MONROE ST. OF 150 FT BY DEPTH TO SIBLEY LAKE & BOUNDED N BY STEP

Ownership

  • Current Owner : HORTMAN BRETT W
  • Current Owner 2: HORTMAN AMY W
  • Previous Owner : PREUS CLARE M W
  • Previous Owner 2: PREUS JAKE N
  • Owner Before Previous Owner: PREUS CLARE M W
  • Owner Before Previous Owner 2: PREUS JAKE N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Natchitoches Parish School District
  • School Tax School District: SCH DIST #9
  • School Tax District Code 2: GEN TAX INSIDE
  • School Tax District Code 3: FIRE DIST. #6
  • Census Tract: 000300

Geography

  • District: W01
  • Parcel: 0011264600
  • Block: E
  • Lot: E
  • Municipality: NATCHITOCHES PARISH
  • Latitude: 31.7719
  • Longitude: -93.1161

    Address

  • Full Address: 541 Monroe Dr
  • Address - House Number: 541
  • Address - Street Name: Monroe
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Natchitoches
  • Carrier Code: R006
  • 4-Digit Zip Code: 2609
  • Zip Code: 71457

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,950
  • Tax Rate Code Area: 19,2,66,5,

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 404,990
  • High Value: 490,498
  • Low Value: 319,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,000
  • First Open Lien Mortgage Lender: PRIVATE INDIVIDUAL
  • First Open Lien Mortgage Recording Date: May 13, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $191,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2034

    Market Valuation

  • Market Total Value: $265,300
  • Market Land Value: $55,700
  • Market Improvement Value: $209,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,530
  • Assessed Land Value: $5,570
  • Assessed Improvements Value: $20,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 13, 2019
  • Current Sale Recording Date: May 13, 2019
  • Current Sale Transaction ID: 11830866849
  • Current Sale Price: $295,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: May 13, 2019
  • Previous Sale Contract Date: May 13, 2019
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIVATE INDIVIDUAL
  • First Mortgage Transaction Date: May 13, 2019
  • First Mortgage Loan Amount: $191,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRIVATE INDIVIDUAL
  • Previous Mortgage Transaction Date: May 13, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $191,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Natchitoches



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Frequently Asked Questions

What neighborhood is 541 Monroe Drive located in?
The 541 Monroe Drive is a located in the neighborhood of Natchitoches in Natchitoches, Natchitoches.
What is the average sales price for listings in 541 Monroe Drive?
The average sales price for units in 541 Monroe Drive is $0 currently.

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