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114 Prospect Street

114 Prospect Street, Lake Charles, LA 70605
Property in Calcasieu
Sold Dec 04, 2020
$163,000
$165,852 by Freedom Mortgage
Mortgage Due Dec 04, 2050
This has been categorized as a residential property type. In total, the area measurement of the land is 910 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 114 Prospect Street sold most recently in Dec 4, 2020 for a total of $163,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $713 in taxes each year. 114 Prospect Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,690. If we break it down further, the land itself was valued at $3,500. Improvements to the property, however, were assessed at a total of $10,190. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 910
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION UNIVERSITY PLAC
  • Land Acres: 0.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: @191008-1939-27 0005 0000 LOT 5 BLK 27 UNIVERSITY PLACE PART C REF1-B 2702 P 591-97 REF2-SUAREZ, RALEIGH A JR B 3087 P 567-20

Ownership

  • Current Owner : SWANNER THOMAS EUGENE
  • Current Owner 2: SWANNER TRICIA ELLEN
  • Previous Owner : MARY LORAINE ZIMMERMAN SUAREZ ESTATE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Calcasieu Parish School District
  • Census Tract: 001302

Geography

  • District: 3L
  • Parcel: 00437999
  • Block: 27
  • Lot: 5
  • Meridian: SEC 19 TWN 10 RNG 08
  • Municipality: LAKE CHARLES WARD
  • Latitude: 30.1693
  • Longitude: -93.2187

    Address

  • Full Address: 114 Prospect St
  • Address - House Number: 114
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: LA
  • City Name: Lake Charles
  • Carrier Code: C073
  • 4-Digit Zip Code: 6218
  • Zip Code: 70605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $713

    Appraisal Valuation

  • Standard Deviation: 0.4258
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 185,624
  • High Value: 264,676
  • Low Value: 106,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,852
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Loan Amount: $165,852
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 04, 2050

    Market Valuation

  • Market Total Value: $136,900
  • Market Land Value: $35,000
  • Market Improvement Value: $101,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,690
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $10,190

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11808017988
  • Current Sale Price: $163,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3408008

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE
  • First Mortgage Transaction Date: Dec 04, 2020
  • First Mortgage Loan Amount: $165,852
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Lake Charles



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Frequently Asked Questions

What neighborhood is 114 Prospect Street located in?
The 114 Prospect Street is a located in the neighborhood of Calcasieu in Lake Charles, Lake Charles.
What is the average sales price for listings in 114 Prospect Street?
The average sales price for units in 114 Prospect Street is $0 currently.

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