Large Location Icon

114 Fairhope Dr; Monroe, LA Property Details

114 Fairhope Dr, Monroe, LA is a Single Family that was built in 2021. This property is currently Financed,New Construction and is not for sale. Our records show that 114 Fairhope Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,625 square feet. The lot size of 114 Fairhope Dr is 5,720 square feet.

Off market
114 Fairhope Dr Monroe, LA 71203
$23,800 Estimated Value
3 Beds
2 Baths
1,625 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $239,745
  • Open Loans / Balance: 1 / $216,491
  • Est. Equity / %: $65,509 / 23.23%
  • Gross Yield: 10.8%
  • APN: 135485
  • Situs County: Ouachita
  • Length Of Ownership: 4 years, 4 months

Rooms

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

Structure

  • Building Condition: Average

Measurements

  • Total: 1,625/SqFt
  • Lot: 5,720/SqFt
  • Garage: 440/SqFt
  • Living: 1,625/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $147.54

Legal Description

  • Description: LOT 48 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: 32.645306 / -92.072266
  • Subdivision: Somerset Park Phase I
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 2210
  • Garage: Mixed

Ownership Info

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

Taxes

114 Fairhope Dr has 10 associated Taxes items

114 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 $23,800. The APN we've located for 114 Fairhope Dr is 135485.

Unlock the full report
Taxes
  • Assessed Value:  $23,800
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  135485
  • Assessed Land Value:  4250
  • Market Land Value:  42500
  • Tax Amount:  2443.17
  • Tax Year:  2025
  • Market Value:  237998
  • Market Year:  2025

Tax History

114 Fairhope Dr has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,800 Land Value $4,250 Improvement Value $19,550 Tax Amount $2,443.17 Change Rate -0.006563% Assessed CR Tax Rate +0.102654%
Year 2024 Assessed Value $23,800 Land Value $4,250 Improvement Value $19,550 Tax Amount $2,459.31 Change Rate +0.007212% Assessed CR Tax Rate +0.103332%
Year 2023 Assessed Value $23,800 Land Value $4,250 Improvement Value $19,550 Tax Amount $2,441.7 Change Rate +0.010893% Assessed CR Tax Rate +0.102592%
Year 2022 Assessed Value $23,800 Land Value $4,250 Improvement Value $19,550 Tax Amount $2,415.39 Change Rate +2.91759% Assessed CR Tax Rate +0.101487%
Year 2021 Assessed Value $4,250 Land Value $4,250 Improvement Value Tax Amount $616.55 Change Rate -0.065932% Assessed CR Tax Rate +0.145071%
Year 2020 Assessed Value $4,550 Land Value $4,550 Improvement Value Tax Amount $660.07 Change Rate +91.188545% Assessed CR Tax Rate +0.14507%
Year 2019 Assessed Value $50 Land Value $50 Improvement Value Tax Amount $7.16 Change Rate Assessed CR Tax Rate +0.1432%