$589,900 Price Analysis 488 Magnolia Wood AveBaton Rouge, LA 70808 2 bed 1 bath 1,687 SqFt ($349/SqFt) 1.21 acre lot. Built 2012 Listed 2024-05-29, Taxes $1,337 | Ⓧ USDA Ineligible due to location near Baton Rouge |
In a prime lcation. The property includes an existing 2-bedroom, 1-bath structure centrally positioned on the site. While the structure holds no value, the true potential lies in the vast land space, offering ample room for development. With the highest and best use identified as the demolition of the existing structure, this property presents a unique investment opportunity for prospective buyers to capitalize on the sizeable plottage.
Whether considering individual lot sales or combined development, this property promises a lucrative venture in the dynamic real estate market. The home shall remain with the property at no additional value.
Presented by DARREN JAMES at
LPT Realty, LLC.
Property MLS #2024010081 from BatonRouge
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $9,200 + $2,000 $11,200 | $1,337 |
2021 | $9,200 + $2,000 $11,200 | $1,306 |
2020 | $9,200 + $2,000 $11,200 | $1,298 |
2019 | $9,200 + $2,000 $11,200 | $1,356 |
2018 | $9,200 + $2,000 $11,200 | $1,339 |
2017 | $9,200 + $2,000 $11,200 | $1,339 |
2016 | $9,200 + $2,000 $11,200 | $1,306 |
2015 | $9,200 + $2,000 $11,200 | $1,307 |
2014 | $9,200 + $2,000 $11,200 | $528 |
2013 | $9,200 + $2,000 $11,200 | $528 |
2012 | $12,700 + $2,000 $14,700 | $935 |
2011 | $9,200 + $2,000 $11,200 | $1,197 |
2010 | $9,200 + $2,000 $11,200 | $496 |
2009 | $9,200 + $2,000 $11,200 | $496 |
2008 | $9,200 + $2,000 $11,200 | $498 |
2007 | $8,200 + $2,000 $10,200 | $396 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.