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205 Somerset Dr; Monroe, LA Property Details

205 Somerset Dr, Monroe, LA is a Single Family that was built in 1966. This property is currently Financed and is not for sale. Our records show that 205 Somerset Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,812 square feet. The lot size of 205 Somerset Dr is 15,551 square feet.

Off market  •   Bankruptcy ✓
205 Somerset Dr Monroe, LA 71203
$19,101 Estimated Value
3 Beds
2 Baths
1,812 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1966
  • Purchase Price: $150,000
  • Open Loans / Balance: 1 / $129,339
  • Est. Equity / %: $73,661 / 36.29%
  • Gross Yield: 12.367%
  • APN: 9924
  • Situs County: Ouachita
  • Length Of Ownership: 7 years, 2 months

Rooms

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

Structure

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

Measurements

  • Total: 1,812/SqFt
  • Lot: 15,551/SqFt
  • Garage: 380/SqFt
  • Living: 1,812/SqFt
  • Building: 1,812/SqFt
  • Garage Unfinished: 380/SqFt
  • Price Per Square Foot: $82.78

Legal Description

  • Description: LOT 37 LAKEWOODS ESTATES UNIT 1 **ERROR IN DEED BK 2588-278**
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: 32.555504 / -92.01773
  • Subdivision: Lakewood Estates Unit-01
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 2929
  • Garage: Mixed
  • Heating: Central

Ownership Info

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

Taxes

205 Somerset Dr has 10 associated Taxes items

205 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 $19,101. The APN we've located for 205 Somerset Dr is 9924.

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Taxes
  • Assessed Value:  $19,101
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  9924
  • Assessed Land Value:  2200
  • Market Land Value:  22000
  • Tax Amount:  1612.79
  • Tax Year:  2025
  • Market Value:  191006
  • Market Year:  2025

Tax History

205 Somerset Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,101 Land Value $2,200 Improvement Value $16,901 Tax Amount $1,612.79 Change Rate -0.007074% Assessed CR Tax Rate +0.084435%
Year 2024 Assessed Value $19,101 Land Value $2,200 Improvement Value $16,901 Tax Amount $1,624.28 Change Rate +0.753514% Assessed CR Tax Rate +0.085036%
Year 2023 Assessed Value $14,147 Land Value $2,200 Improvement Value $11,947 Tax Amount $926.3 Change Rate -0.650008% Assessed CR Tax Rate +0.065477%
Year 2022 Assessed Value $14,147 Land Value $2,200 Improvement Value $11,947 Tax Amount $2,646.63 Change Rate +4.470391% Assessed CR Tax Rate +0.187081%
Year 2021 Assessed Value $11,007 Land Value $1,903 Improvement Value $9,104 Tax Amount $483.81 Change Rate -0.808292% Assessed CR Tax Rate +0.043955%
Year 2020 Assessed Value $11,007 Land Value $1,903 Improvement Value $9,104 Tax Amount $2,523.68 Change Rate +4.289736% Assessed CR Tax Rate +0.22928%
Year 2019 Assessed Value $11,007 Land Value $1,903 Improvement Value $9,104 Tax Amount $477.09 Change Rate +0.046135% Assessed CR Tax Rate +0.043344%
Year 2018 Assessed Value $11,007 Land Value $1,903 Improvement Value $9,104 Tax Amount $456.05 Change Rate +0.42209% Assessed CR Tax Rate +0.041433%
Year 2017 Assessed Value $9,907 Land Value $1,713 Improvement Value $8,194 Tax Amount $320.69 Change Rate +2.267013% Assessed CR Tax Rate +0.03237%
Year 2016 Assessed Value $11,007 Land Value $1,903 Improvement Value $9,104 Tax Amount $98.16 Change Rate -0.784377% Assessed CR Tax Rate +0.008918%
Year 2015 Assessed Value $11,007 Land Value $1,903 Improvement Value $9,104 Tax Amount $455.24 Change Rate Assessed CR Tax Rate +0.041359%
Year 2014 Assessed Value $11,007 Land Value $1,903 Improvement Value $9,104 Tax Amount $455.24 Change Rate +0.002378% Assessed CR Tax Rate +0.041359%
Year 2013 Assessed Value $11,007 Land Value $1,903 Improvement Value $9,104 Tax Amount $454.16 Change Rate Assessed CR Tax Rate +0.041261%