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1502 Island Dr; Monroe, LA Property Details

1502 Island Dr, Monroe, LA is a Single Family that was built in 1975. This property is currently a cash purchase and is not for sale. Our records show that 1502 Island Dr has 3 bedrooms, and 3 bathrooms, and a total of 2,917 square feet. The lot size of 1502 Island Dr is 10,254 square feet.

Off market  •   Pre Probate ✓
1502 Island Dr Monroe, LA 71201
$37,273 Estimated Value
3 Beds
3 Baths
2,917 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1975
  • Purchase Price: $250,000
  • Est. Equity / %: $372,000 / 100%
  • Gross Yield: 16.51%
  • APN: 51560
  • Situs County: Ouachita
  • Length Of Ownership: 18 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 2,917/SqFt
  • Lot: 10,254/SqFt
  • Living: 2,917/SqFt
  • Building: 2,917/SqFt
  • Price Per Square Foot: $85.70

Legal Description

  • Description: LOT IN LOT 1 SQ 4 PARGOUD PLACE ADDN UNIT 1 BEG NE COR, W ALONG ISLAND DRIVE 75 FT, SO 137.40 FT, E 75 FT, NO 150 FT TO BEG -
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: 32.533615 / -92.12323
  • Subdivision: Pargoud Place Addn Unit 01 Resub Of Port
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 3324
  • Heating: Central

Ownership Info

1502 Island Dr has no associated ownership info
1502 Island Dr has no associated ownership info.

Taxes

1502 Island Dr has 10 associated Taxes items

1502 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 $37,273. The APN we've located for 1502 Island Dr is 51560.

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Taxes
  • Assessed Value:  $37,273
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  51560
  • Assessed Land Value:  5127
  • Market Land Value:  51270
  • Tax Amount:  4056.01
  • Tax Year:  2025
  • Market Value:  372728
  • Market Year:  2025

Tax History

1502 Island Dr has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,273 Land Value $5,127 Improvement Value $32,146 Tax Amount $4,056.01 Change Rate -0.000732% Assessed CR Tax Rate +0.108819%
Year 2024 Assessed Value $37,273 Land Value $5,127 Improvement Value $32,146 Tax Amount $4,058.98 Change Rate +0.12954% Assessed CR Tax Rate +0.108899%
Year 2023 Assessed Value $32,681 Land Value $5,127 Improvement Value $27,554 Tax Amount $3,593.48 Change Rate +0.039284% Assessed CR Tax Rate +0.109956%
Year 2022 Assessed Value $32,681 Land Value $5,127 Improvement Value $27,554 Tax Amount $3,457.65 Change Rate +0.002368% Assessed CR Tax Rate +0.1058%
Year 2021 Assessed Value $32,681 Land Value $5,127 Improvement Value $27,554 Tax Amount $3,449.48 Change Rate Assessed CR Tax Rate +0.10555%
Year 2020 Assessed Value $32,681 Land Value $5,127 Improvement Value $27,554 Tax Amount $3,449.48 Change Rate +0.149049% Assessed CR Tax Rate +0.10555%
Year 2019 Assessed Value $28,618 Land Value $4,195 Improvement Value $24,423 Tax Amount $3,002.03 Change Rate -0.001424% Assessed CR Tax Rate +0.1049%
Year 2018 Assessed Value $28,618 Land Value $4,195 Improvement Value $24,423 Tax Amount $3,006.31 Change Rate -0.051042% Assessed CR Tax Rate +0.10505%
Year 2017 Assessed Value $28,618 Land Value $4,195 Improvement Value $24,423 Tax Amount $3,168.01 Change Rate +0.00036% Assessed CR Tax Rate +0.1107%
Year 2016 Assessed Value $22,894 Land Value $5,112 Improvement Value $17,782 Tax Amount $3,166.87 Change Rate +0.253536% Assessed CR Tax Rate +0.138328%
Year 2015 Assessed Value $22,894 Land Value $5,112 Improvement Value $17,782 Tax Amount $2,526.35 Change Rate Assessed CR Tax Rate +0.11035%
Year 2014 Assessed Value $22,894 Land Value $5,112 Improvement Value $17,782 Tax Amount $2,526.35 Change Rate +0.002818% Assessed CR Tax Rate +0.11035%
Year 2013 Assessed Value $22,894 Land Value $5,112 Improvement Value $17,782 Tax Amount $2,519.25 Change Rate Assessed CR Tax Rate +0.11004%
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