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114 Somerset Dr; Monroe, LA Property Details

114 Somerset Dr, Monroe, LA is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 114 Somerset Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,620 square feet. The lot size of 114 Somerset Dr is 12,284 square feet.

Off market
114 Somerset Dr Monroe, LA 71203
$160,000 Listing Price
3 Beds
2 Baths
1,620 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $160,000
  • Open Loans / Balance: 1 / $157,630
  • Est. Equity / %: $10,370 / 6.17%
  • Gross Yield: 12.236%
  • APN: 10937
  • Situs County: Ouachita
  • Length Of Ownership: 2 years, 6 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C-
  • Roof Type: Gable
  • Roof Cover Type: Shingle (Not Wood)
  • Patio Type: Patio

Measurements

  • Total: 1,620/SqFt
  • Lot: 12,284/SqFt
  • Living: 1,620/SqFt
  • Building: 1,620/SqFt
  • Price Per Square Foot: $98.77

Legal Description

  • Description: LOT 10 LAKEWOODS ESTATES UNIT 1
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: 32.55548 / -92.01986
  • Subdivision: Lakewood Estates Unit-01
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 2958
  • Heating: Central

Ownership Info

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

Taxes

114 Somerset Dr has 10 associated Taxes items

114 Somerset 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 $14,792. The APN we've located for 114 Somerset Dr is 10937.

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Taxes
  • Assessed Value:  $14,792
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  10937
  • Assessed Land Value:  2200
  • Market Land Value:  22000
  • Tax Amount:  1017.47
  • Tax Year:  2025
  • Market Value:  147915
  • Market Year:  2025

Tax History

114 Somerset Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $14,792 Land Value $2,200 Improvement Value $12,592 Tax Amount $1,017.47 Change Rate -0.007036% Assessed CR Tax Rate +0.068785%
Year 2024 Assessed Value $14,792 Land Value $2,200 Improvement Value $12,592 Tax Amount $1,024.68 Change Rate +1.02346% Assessed CR Tax Rate +0.069273%
Year 2023 Assessed Value $11,101 Land Value $2,200 Improvement Value $8,901 Tax Amount $506.4 Change Rate -0.349819% Assessed CR Tax Rate +0.045618%
Year 2022 Assessed Value $11,101 Land Value $2,200 Improvement Value $8,901 Tax Amount $778.86 Change Rate +3.473636% Assessed CR Tax Rate +0.070161%
Year 2021 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $174.1 Change Rate -0.633566% Assessed CR Tax Rate +0.01987%
Year 2020 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $475.12 Change Rate -0.601406% Assessed CR Tax Rate +0.054225%
Year 2019 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $1,191.99 Change Rate +0.046147% Assessed CR Tax Rate +0.136041%
Year 2018 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $1,139.41 Change Rate -0.024018% Assessed CR Tax Rate +0.13004%
Year 2017 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $1,167.45 Change Rate +0.024924% Assessed CR Tax Rate +0.13324%
Year 2016 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $1,139.06 Change Rate +0.001459% Assessed CR Tax Rate +0.13%
Year 2015 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $1,137.4 Change Rate Assessed CR Tax Rate +0.129811%
Year 2014 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $1,137.4 Change Rate +0.002415% Assessed CR Tax Rate +0.129811%
Year 2013 Assessed Value $8,762 Land Value $1,537 Improvement Value $7,225 Tax Amount $1,134.66 Change Rate Assessed CR Tax Rate +0.129498%