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113 Fairhope Dr; Monroe, LA Property Details

113 Fairhope Dr, Monroe, LA is a Single Family that was built in 2022. This property is currently Financed and is not for sale. Our records show that 113 Fairhope Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,994 square feet. The lot size of 113 Fairhope Dr is 6,573 square feet.

Off market
113 Fairhope Dr Monroe, LA 71203
$259,000 Listing Price
3 Beds
2 Baths
1,994 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2022
  • Purchase Price: $255,000
  • Open Loans / Balance: 2 / $213,139
  • Est. Equity / %: $75,861 / 26.25%
  • Gross Yield: 11.402%
  • APN: 135457
  • Situs County: Ouachita
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Condition: Average

Measurements

  • Total: 1,994/SqFt
  • Lot: 6,573/SqFt
  • Garage: 420/SqFt
  • Living: 1,994/SqFt
  • Garage Unfinished: 420/SqFt
  • Price Per Square Foot: $127.88

Legal Description

  • Description: LOT 20-A SOMERSET PARK PHASE I
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Ouachita Parish School District
  • Lat / Lon: 32.64506 / -92.072685
  • Subdivision: Somerset Park Phase I
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 2210
  • Garage: Mixed

HOA

  • H O A One: $250
  • H O A Amount: $250
  • H O A One Name: Somerset Park Owners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

113 Fairhope Dr has no associated ownership info
113 Fairhope Dr has no associated ownership info.

Taxes

113 Fairhope Dr has 10 associated Taxes items

113 Fairhope Dr, Monroe, LA pays taxes in Ouachita County, LA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $25,826. The APN we've located for 113 Fairhope Dr is 135457.

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Taxes
  • Assessed Value:  $25,826
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  135457
  • Assessed Land Value:  4038
  • Market Land Value:  40380
  • Tax Amount:  2737.21
  • Tax Year:  2025
  • Market Value:  258258
  • Market Year:  2025

Tax History

113 Fairhope Dr has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,826 Land Value $4,038 Improvement Value $21,788 Tax Amount $2,737.21 Change Rate -0.006584% Assessed CR Tax Rate +0.105987%
Year 2024 Assessed Value $25,826 Land Value $4,038 Improvement Value $21,788 Tax Amount $2,755.35 Change Rate +0.007297% Assessed CR Tax Rate +0.106689%
Year 2023 Assessed Value $25,826 Land Value $4,038 Improvement Value $21,788 Tax Amount $2,735.39 Change Rate +3.705562% Assessed CR Tax Rate +0.105916%
Year 2022 Assessed Value $4,038 Land Value $4,038 Improvement Value Tax Amount $581.31 Change Rate -0.007648% Assessed CR Tax Rate +0.14396%
Year 2021 Assessed Value $4,038 Land Value $4,038 Improvement Value Tax Amount $585.79 Change Rate +79.79862% Assessed CR Tax Rate +0.145069%
Year 2020 Assessed Value $50 Land Value $50 Improvement Value Tax Amount $7.25 Change Rate +0.01257% Assessed CR Tax Rate +0.145%
Year 2019 Assessed Value $50 Land Value $50 Improvement Value Tax Amount $7.16 Change Rate Assessed CR Tax Rate +0.1432%