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5585 Downing Street

5585 Downing Street, Alexandria, LA 71301
Sold Feb 18, 2022
$77,000
$65,450 by First Federal Bank Of Louisian
Mortgage Due Feb 18, 2052
Sold Jun 10, 2009
$65,250
$48,000 by Intertrust Mortgage L L C
Mortgage Due Jul 01, 2039
5585 Downing Street in Alexandria, LA was first built in 1983 and is 41 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5585 Downing Street has 658 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 87,120 square feet.

Learn more about the property and building on this page. The condition of the building has been evaluated as average. The property was last sold in Feb 18, 2022 for $77,000. That's $117.02 per sqft. Prior to that sales transaction, the property was also sold in Jun 9, 2006 for $65,250. 5585 Downing Street was last assessed in 2023. The total value of the property was assessed at $7,200. Specifically, the land the property is located on was valued at $1,200. While improvements on the property were assessed at a total of $6,000. 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 $779. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 658
  • Gross Building Area: 658
  • Building Area: 658
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 658
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINTREE CONDOMINIUMS
  • Land Acres: 2
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: UNIT 5585 THE RAINTREE CONDOMINIUM ASSOCIATION INC PHASE I (1050 IMP 5475) (CB 1430-218 Q'CALIM)(CB 1433-447 DON; CARSTENS)

Ownership

  • Current Owner : DAVIS MICHAEL HATHORN
  • Previous Owner : RAY SHOUN CARL
  • Owner Before Previous Owner: STEWART JAMES EDWARD
  • Owner Before Previous Owner 2: STEWART SHERRY ROXANNE FADLER

Neighborhood

  • School District Name: Rapides Parish School District
  • Census Tract: 012400

Geography

  • Account Number: 644101
  • District: WARD 1
  • Parcel: 23-008-07865-0005
  • Lot: 5585
  • Meridian: SEC 08 TWN 03N RNG 01W
  • Municipality: WARD 1
  • Latitude: 31.27
  • Longitude: -92.4841

    Address

  • Full Address: 5585 Downing St
  • Address - House Number: 5585
  • Address - Street Name: Downing
  • Address - Suffix Type: St
  • State: LA
  • City Name: Alexandria
  • Carrier Code: C027
  • 4-Digit Zip Code: 3160
  • Zip Code: 71301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $779
  • Tax Rate Code Area: 01AE

    Appraisal Valuation

  • Standard Deviation: 0.1064
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 78
  • Final Value: 76,425
  • High Value: 84,559
  • Low Value: 68,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,450
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK OF LOUISIAN
  • First Open Lien Mortgage Recording Date: Feb 18, 2022
  • First Open Lien Mortgage Loan Amount: $65,450
  • 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: Feb 18, 2052

    Market Valuation

  • Market Total Value: $72,000
  • Market Land Value: $12,000
  • Market Improvement Value: $60,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,200
  • Assessed Land Value: $1,200
  • Assessed Improvements Value: $6,000

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Transaction ID: 11880307861
  • Current Sale Price: $77,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1710907
  • Previous Sale Recording Date: Jun 10, 2009
  • Previous Sale Contract Date: Jun 09, 2006
  • Previous Sale Amount: $65,250
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK OF LOUISIAN
  • First Mortgage Transaction Date: Feb 18, 2022
  • First Mortgage Loan Amount: $65,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: INTERTRUST MORTGAGE L L C
  • Previous Mortgage Transaction Date: Jun 10, 2009
  • Previous Mortgage Loan Amount: $48,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2039

About Southwestern Alexandira



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Frequently Asked Questions

What neighborhood is 5585 Downing Street located in?
The 5585 Downing Street is a located in the neighborhood of Southwestern Alexandira in Southwestern Alexandira, Alexandria.
What is the average sales price for listings in 5585 Downing Street?
The average sales price for units in 5585 Downing Street is $0 currently.

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