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802 Stable Road

802 Stable Road, Ruston, LA 71270
Property in Lincoln
Sold Aug 04, 2021
$120,000
$131,471 by Guaranty Bank & Trust Company
Mortgage Due Aug 04, 2051
Sold Sep 14, 2012
$96,000
802 Stable Road has been categorized by the local assessors in Ruston, LA as a residential type of property. The building on the property was first built in 1965 and is 59 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 802 Stable Road has 1,890 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 13,504 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 property was last sold in Aug 3, 2021 for $120,000. That's $63.49 per sqft. Prior to that sales transaction, the property was also sold in Sep 6, 2012 for $96,000. 802 Stable Road was last assessed in 2023. The total value of the property was assessed at $14,344. Specifically, the land the property is located on was valued at $1,705. While improvements on the property were assessed at a total of $12,639. 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 $1,255. 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

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,890
  • Gross Building Area: 2,474
  • Building Area: 1,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW ESTATES
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 1 OF LAKEVIEW EST SUBDIV UNIT 1 AS PER CONV BK 207-590 L/P LA (FROM DAVPORT CO INC)(248-617)(SUCCN OF JOE B LAFIETTE: 1/4

Ownership

  • Current Owner : PROERPT INTEREST LLC
  • Previous Owner : MMH HLDG CO LLC
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lincoln Parish School District
  • School Tax School District: 22061
  • Census Tract: 960600

Geography

  • District: WARD SD1
  • Parcel: 8383
  • Block: 1
  • Lot: 1
  • Meridian: SEC 05 TWN 18N RNG 02W
  • Latitude: 32.5672
  • Longitude: -92.591

    Address

  • Full Address: 802 Stable Rd
  • Legal Unit: 1
  • Address - House Number: 802
  • Address - Street Name: Stable
  • Address - Suffix Type: Rd
  • State: LA
  • City Name: Ruston
  • Carrier Code: R007
  • 4-Digit Zip Code: 3570
  • Zip Code: 71270

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,255
  • Tax Rate Code Area: SD1O - OUT

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 194,618
  • High Value: 235,939
  • Low Value: 153,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,471
  • First Open Lien Mortgage Lender: GUARANTY BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Aug 04, 2021
  • First Open Lien Mortgage Loan Amount: $131,471
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 04, 2051

    Market Valuation

  • Market Total Value: $143,442
  • Market Land Value: $17,050
  • Market Improvement Value: $126,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,344
  • Assessed Land Value: $1,705
  • Assessed Improvements Value: $12,639

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Transaction ID: 11849384134
  • Current Sale Price: $120,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 198945
  • Previous Sale Recording Date: Sep 14, 2012
  • Previous Sale Contract Date: Sep 06, 2012
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Aug 04, 2021
  • First Mortgage Loan Amount: $131,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Lincoln



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Frequently Asked Questions

What neighborhood is 802 Stable Road located in?
The 802 Stable Road is a located in the neighborhood of Lincoln in Lincoln, Ruston.
What is the average sales price for listings in 802 Stable Road?
The average sales price for units in 802 Stable Road is $0 currently.

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