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$589,900   Price Analysis
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488 Magnolia Wood Ave
Baton 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

Expansive 1.21+/- acre real estate opportunity featuring two oversized lots (103-A: 110x240 and 104-A: 110x240)

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.
Listing Agent Photo

Property MLS #2024010081 from BatonRouge

Bedrooms: 2
Primary Bedroom Description: No MBR features specified

Total Bathrooms: 1
Full Bathrooms: 1
Primary Bathroom Description: MBA No Special Features

Bath: Full, Bedrm: Additnl, Bedrm: Master, Dining Room Formal, Foyer, Kitchen, Livingroom
Living Room: 22.1 x 14.9, First Floor
Kitchen: 22.5 x 12.4, First Floor
Dining Room Formal: 16.6 x 12.4, First Floor
Foyer: 14.9 x 6.8, First Floor
Mater Bedroom: 14.1 x 12.11, First Floor
Additnl Bedroom: 14.4 x 12.3, First Floor
Bath(full): 12.11 x 9.8, First Floor

Cooling Features: No Cool
Heating Features: No Heat

Dining Area Description: Dining Room Formal

Carport Features: 516
Parking Features: 2 Cars Park, Attached Park

Lot Description: Level Lot
Lot Size Acres: 1.21
Lot Size Dimensions: 210x240
Lot Size Square Feet: 52708

Porch Sqft: 388

School District: East Baton Rouge

Magnolia Woods Elementary School is a public elementary school located approximately 0.4 miles away.
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Glasgow Middle School is a public middle school located approximately 2.5 miles away.
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Mckinley Senior High School is a public high school located approximately 4.4 miles away.
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St. Jude School is a private elementary and middle school located approximately 0.7 miles away.
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Source Listing Status: Active
County: EAST BATON ROUGE
Directions: From Highland Rd. turn onto Magnolia Wood Ave. Go appx. two blocks and home will be on the right hand side.
Source Property Type: Residential
Area: EBR MLS Area 52
Source Neighborhood: Magnolia Wood
Subdivision: Magnolia Wood
Zoning: Res Single Family Zone
Source System Name: C2C

YearAssessments
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

Listed 2024-05-29
$589,900
BatonRouge
Listed 2024-04-03
$589,900
BatonRouge

Total Square Feet Living: 1687
Year Built: 2012
Building Exterior Type: Siding: Brick Siding
Construction Materials: Frame Const
Foundation Details: Slab: Traditional Found
Property Age: 12
Roof: Asphalt Comp Shingle Roof
Levels or Stories: 1
Structure Type: Detached Single Family
House Style: Traditional Style
Total Area Lower: 1687
Total Area Sqft: 2706
Year Built Details: 11-15 Years

Sewer: No Sewer/Water
Water Source: /Water
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house_viewkitchenliving_roomunknownunknown
bathroomunknown

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.