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503 Southern Grove Rd; Monroe, LA Property Details

503 Southern Grove Rd, Monroe, LA is a Single Family that was built in 2023. This property is currently Financed,New Construction and is not for sale. Our records show that 503 Southern Grove Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,832 square feet. The lot size of 503 Southern Grove Rd is 7,199 square feet.

Off market
503 Southern Grove Rd Monroe, LA 71203
$25,812 Estimated Value
3 Beds
2 Baths
1,832 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2023
  • Purchase Price: $262,215
  • Open Loans / Balance: 1 / $255,361
  • Est. Equity / %: $25,639 / 9.12%
  • Gross Yield: 13.191%
  • APN: 135539
  • Situs County: Ouachita
  • Length Of Ownership: 3 years, 3 months

Rooms

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

Structure

  • Building Condition: Average

Measurements

  • Total: 1,832/SqFt
  • Lot: 7,199/SqFt
  • Garage: 400/SqFt
  • Living: 1,832/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $143.13

Legal Description

  • Description: LOT 102 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: 32.64398 / -92.07172
  • Subdivision: Somerset Park Phase I
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 6535
  • Garage: Mixed

Ownership Info

503 Southern Grove Rd has no associated ownership info
503 Southern Grove Rd has no associated ownership info.

Taxes

503 Southern Grove Rd has 10 associated Taxes items

503 Southern Grove Rd, 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 $25,812. The APN we've located for 503 Southern Grove Rd is 135539.

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Taxes
  • Assessed Value:  $25,812
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  135539
  • Assessed Land Value:  4463
  • Market Land Value:  44630
  • Tax Amount:  2735.16
  • Tax Year:  2025
  • Market Value:  258122
  • Market Year:  2025

Tax History

503 Southern Grove Rd has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,812 Land Value $4,463 Improvement Value $21,349 Tax Amount $2,735.16 Change Rate -0.006581% Assessed CR Tax Rate +0.105965%
Year 2024 Assessed Value $25,812 Land Value $4,463 Improvement Value $21,349 Tax Amount $2,753.28 Change Rate +3.19094% Assessed CR Tax Rate +0.106667%
Year 2023 Assessed Value $4,463 Land Value $4,463 Improvement Value Tax Amount $656.96 Change Rate +90.244446% Assessed CR Tax Rate +0.147201%
Year 2022 Assessed Value $50 Land Value $50 Improvement Value Tax Amount $7.2 Change Rate -0.006897% Assessed CR Tax Rate +0.144%
Year 2021 Assessed Value $50 Land Value $50 Improvement Value Tax Amount $7.25 Change Rate Assessed CR Tax Rate +0.145%
Year 2020 Assessed Value $50 Land Value $50 Improvement Value Tax Amount $7.25 Change Rate +0.01257% Assessed CR Tax Rate +0.145%
Year 2019 Assessed Value $50 Land Value $50 Improvement Value Tax Amount $7.16 Change Rate Assessed CR Tax Rate +0.1432%