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1408 Island Dr; Monroe, LA Property Details

1408 Island Dr, Monroe, LA is a Single Family that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 1408 Island Dr has 2 bedrooms, and 3 bathrooms, and a total of 216 square feet. The lot size of 1408 Island Dr is 15,730 square feet.

Off market
1408 Island Dr Monroe, LA 71201
$42,606 Estimated Value
2 Beds
3 Baths
216 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2002
  • Purchase Price: $140,000
  • Open Loans / Balance: 1 / $19,106
  • Est. Equity / %: $336,894 / 94.63%
  • Gross Yield: 19.945%
  • APN: 51461
  • Situs County: Ouachita
  • Length Of Ownership: 15 years, 1 months

Rooms

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

Measurements

  • Total: 216/SqFt
  • Lot: 15,730/SqFt
  • Living: 216/SqFt
  • Price Per Square Foot: $648.15

Legal Description

  • Description: NORTHWEST 1/4 LOT 2 SQ 5 PARGOUD PLACE ADDN UNIT 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Monroe City School District
  • Lat / Lon: 32.533203 / -92.124725
  • Subdivision: Pargoud Place Addn Unit 01
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 3323

Ownership Info

1408 Island Dr has no associated ownership info
1408 Island Dr has no associated ownership info.

Taxes

1408 Island Dr has 10 associated Taxes items

1408 Island 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 $42,606. The APN we've located for 1408 Island Dr is 51461.

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Taxes
  • Assessed Value:  $42,606
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  51461
  • Assessed Land Value:  7319
  • Market Land Value:  73190
  • Tax Amount:  4285.36
  • Tax Year:  2025
  • Market Value:  426064
  • Market Year:  2025

Tax History

1408 Island Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,606 Land Value $7,319 Improvement Value $35,287 Tax Amount $4,285.36 Change Rate -0.000702% Assessed CR Tax Rate +0.100581%
Year 2024 Assessed Value $42,606 Land Value $7,319 Improvement Value $35,287 Tax Amount $4,288.37 Change Rate +0.175479% Assessed CR Tax Rate +0.100652%
Year 2023 Assessed Value $37,325 Land Value $7,319 Improvement Value $30,006 Tax Amount $3,648.19 Change Rate +0.037134% Assessed CR Tax Rate +0.097741%
Year 2022 Assessed Value $37,325 Land Value $7,319 Improvement Value $30,006 Tax Amount $3,517.57 Change Rate +0.002231% Assessed CR Tax Rate +0.094242%
Year 2021 Assessed Value $38,832 Land Value $7,319 Improvement Value $31,513 Tax Amount $3,509.74 Change Rate Assessed CR Tax Rate +0.090383%
Year 2020 Assessed Value $38,832 Land Value $7,319 Improvement Value $31,513 Tax Amount $3,509.74 Change Rate +0.469334% Assessed CR Tax Rate +0.090383%
Year 2019 Assessed Value $28,334 Land Value $4,685 Improvement Value $23,649 Tax Amount $2,388.66 Change Rate -0.001309% Assessed CR Tax Rate +0.084304%
Year 2018 Assessed Value $25,386 Land Value $4,685 Improvement Value $20,701 Tax Amount $2,391.79 Change Rate -0.046906% Assessed CR Tax Rate +0.094217%
Year 2017 Assessed Value $25,386 Land Value $4,685 Improvement Value $20,701 Tax Amount $2,509.5 Change Rate +0.000335% Assessed CR Tax Rate +0.098854%
Year 2016 Assessed Value $22,667 Land Value $9,550 Improvement Value $13,117 Tax Amount $2,508.66 Change Rate +0.336313% Assessed CR Tax Rate +0.110675%
Year 2015 Assessed Value $22,667 Land Value $9,550 Improvement Value $13,117 Tax Amount $1,877.3 Change Rate Assessed CR Tax Rate +0.082821%
Year 2014 Assessed Value $22,667 Land Value $9,550 Improvement Value $13,117 Tax Amount $1,877.3 Change Rate +0.002505% Assessed CR Tax Rate +0.082821%
Year 2013 Assessed Value $22,667 Land Value $9,550 Improvement Value $13,117 Tax Amount $1,872.61 Change Rate Assessed CR Tax Rate +0.082614%