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506 S 3rd St; Monroe, LA Property Details

506 S 3rd St, Monroe, LA is a Single Family that was built in 1933. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 506 S 3rd St has 3 bedrooms, and 1 bathroom, and a total of 1,129 square feet. The lot size of 506 S 3rd St is 7,449 square feet.

Off market
506 S 3rd St Monroe, LA 71202
$2,466 Estimated Value
3 Beds
1 Baths
1,129 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1933
  • Purchase Price: $18,500
  • Open Loans / Balance: 1 / $26,533
  • Est. Equity / %: $33,467 / 55.78%
  • Gross Yield: 9.62%
  • APN: 50504
  • Situs County: Ouachita
  • Length Of Ownership: 17 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Measurements

  • Total: 1,129/SqFt
  • Lot: 7,449/SqFt
  • Living: 1,129/SqFt
  • Price Per Square Foot: $16.39

Legal Description

  • Description: LOT 5 SQ 67 LAYTONS 3RD ADDN
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: 32.49451 / -92.10766
  • Subdivision: 3rd Addn
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 2116

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

506 S 3rd St has no associated ownership info
506 S 3rd St has no associated ownership info.

Taxes

506 S 3rd St has 10 associated Taxes items

506 S 3rd St, 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 $2,466. The APN we've located for 506 S 3rd St is 50504.

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Taxes
  • Assessed Value:  $2,466
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  50504
  • Assessed Land Value:  393
  • Market Land Value:  3930
  • Tax Amount:  277.67
  • Tax Year:  2025
  • Market Value:  24662
  • Market Year:  2025

Tax History

506 S 3rd St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,466 Land Value $393 Improvement Value $2,073 Tax Amount $277.67 Change Rate -0.000756% Assessed CR Tax Rate +0.112599%
Year 2024 Assessed Value $2,466 Land Value $393 Improvement Value $2,073 Tax Amount $277.88 Change Rate -0.008952% Assessed CR Tax Rate +0.112685%
Year 2023 Assessed Value $2,466 Land Value $393 Improvement Value $2,073 Tax Amount $280.39 Change Rate +0.074703% Assessed CR Tax Rate +0.113702%
Year 2022 Assessed Value $2,466 Land Value $393 Improvement Value $2,073 Tax Amount $260.9 Change Rate +0.002382% Assessed CR Tax Rate +0.105799%
Year 2021 Assessed Value $2,466 Land Value $393 Improvement Value $2,073 Tax Amount $260.28 Change Rate Assessed CR Tax Rate +0.105547%
Year 2020 Assessed Value $2,466 Land Value $393 Improvement Value $2,073 Tax Amount $260.28 Change Rate -0.010267% Assessed CR Tax Rate +0.105547%
Year 2019 Assessed Value $2,507 Land Value $400 Improvement Value $2,107 Tax Amount $262.98 Change Rate -0.001443% Assessed CR Tax Rate +0.104898%
Year 2018 Assessed Value $2,507 Land Value $400 Improvement Value $2,107 Tax Amount $263.36 Change Rate -0.051023% Assessed CR Tax Rate +0.10505%
Year 2017 Assessed Value $2,507 Land Value $400 Improvement Value $2,107 Tax Amount $277.52 Change Rate +0.00036% Assessed CR Tax Rate +0.110698%
Year 2016 Assessed Value $2,507 Land Value $400 Improvement Value $2,107 Tax Amount $277.42 Change Rate +0.002783% Assessed CR Tax Rate +0.110658%
Year 2015 Assessed Value $2,507 Land Value $400 Improvement Value $2,107 Tax Amount $276.65 Change Rate Assessed CR Tax Rate +0.110351%
Year 2014 Assessed Value $2,507 Land Value $400 Improvement Value $2,107 Tax Amount $276.65 Change Rate +0.002791% Assessed CR Tax Rate +0.110351%
Year 2013 Assessed Value $2,507 Land Value $400 Improvement Value $2,107 Tax Amount $275.88 Change Rate Assessed CR Tax Rate +0.110044%