Large Location Icon

508 Southern Grove Rd; Monroe, LA Property Details

508 Southern Grove Rd, Monroe, LA is a Single Family that was built in 2020. This property is currently Financed,New Construction and is not for sale. Our records show that 508 Southern Grove Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,807 square feet. The lot size of 508 Southern Grove Rd is 8,894 square feet.

Off market
508 Southern Grove Rd Monroe, LA 71203
$22,042 Estimated Value
3 Beds
2 Baths
1,807 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2020
  • Purchase Price: $186,675
  • Est. Equity / %: $267,000 / 100%
  • Gross Yield: 11.506%
  • APN: 135449
  • Situs County: Ouachita
  • Length Of Ownership: 6 years, 5 months

Rooms

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

Structure

  • Building Condition: Average

Measurements

  • Total: 1,807/SqFt
  • Lot: 8,894/SqFt
  • Garage: 400/SqFt
  • Living: 1,807/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $103.31

Legal Description

  • Description: LOT 12 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: 32.644093 / -92.07242
  • Subdivision: Somerset Park Phase I
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 6535
  • Garage: Mixed

Ownership Info

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

Taxes

508 Southern Grove Rd has 10 associated Taxes items

508 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 $22,042. The APN we've located for 508 Southern Grove Rd is 135449.

Unlock the full report
Taxes
  • Assessed Value:  $22,042
  • Assessed Year:  2025
  • Assessed County:  Ouachita
  • APN:  135449
  • Assessed Land Value:  4038
  • Market Land Value:  40380
  • Tax Amount:  3198.74
  • Tax Year:  2025
  • Market Value:  220417
  • Market Year:  2025

Tax History

508 Southern Grove Rd has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $22,042 Land Value $4,038 Improvement Value $18,004 Tax Amount $3,198.74 Change Rate -0.006775% Assessed CR Tax Rate +0.14512%
Year 2024 Assessed Value $22,042 Land Value $4,038 Improvement Value $18,004 Tax Amount $3,220.56 Change Rate +0.004786% Assessed CR Tax Rate +0.14611%
Year 2023 Assessed Value $22,042 Land Value $4,038 Improvement Value $18,004 Tax Amount $3,205.22 Change Rate +0.0101% Assessed CR Tax Rate +0.145414%
Year 2022 Assessed Value $22,042 Land Value $4,038 Improvement Value $18,004 Tax Amount $3,173.17 Change Rate -0.007653% Assessed CR Tax Rate +0.14396%
Year 2021 Assessed Value $22,042 Land Value $4,038 Improvement Value $18,004 Tax Amount $3,197.64 Change Rate +3.844395% Assessed CR Tax Rate +0.14507%
Year 2020 Assessed Value $4,550 Land Value $4,550 Improvement Value Tax Amount $660.07 Change Rate +91.188545% Assessed CR Tax Rate +0.14507%
Year 2019 Assessed Value $50 Land Value $50 Improvement Value Tax Amount $7.16 Change Rate Assessed CR Tax Rate +0.1432%