251 Oak Ridge Drive: Property Overview

Welcome to a comprehensive overview of 251 Oak Ridge Drive in Shreveport, LA, zip code 31602. This article provides detailed information, offering insights for potential buyers, renters, or anyone interested in the property. We'll explore various aspects, ensuring you have a clear understanding of what 251 Oak Ridge Drive offers. We will dive into property details, neighborhood highlights, and relevant market information.

Property Details of 251 Oak Ridge Drive

Understanding the physical and legal attributes of the property is essential. Here’s a breakdown:

Size and Layout

• Square Footage: Information on the total living area (e.g., 1,800 sq ft).
• Number of Bedrooms/Bathrooms: (e.g., 3 bedrooms, 2 bathrooms).
• Lot Size: Details on the land area, often expressed in acres or square feet.
• Layout: A description of the property's floor plan and how space is utilized.

Features and Amenities

• Exterior Features: Landscaping, parking (garage, driveway), and outdoor spaces.
• Interior Features: Kitchen appliances, flooring, fireplace, and other built-in amenities.
• Recent Renovations: Updates made to the property (e.g., new roof, renovated kitchen).

Property History

• Construction Year: The year the property was built.
• Previous Owners: (If available and relevant).
• Sales History: Previous sale prices and dates.

Neighborhood Overview: Shreveport, LA 31602

Location matters. This section highlights the surrounding area.

Community Demographics

• Population: General population statistics for the area.
• Age Distribution: Breakdown of the population by age groups.
• Household Incomes: Average household income levels.

Local Amenities

• Schools: Nearby schools (elementary, middle, high school) and their ratings.
• Parks and Recreation: Local parks, recreational facilities, and activities.
• Shopping and Dining: Proximity to grocery stores, restaurants, and shopping centers.

Safety and Security

• Crime Rates: Information on local crime statistics and safety measures.
• Neighborhood Watch: Availability of neighborhood watch programs.
• Emergency Services: Proximity to fire stations, police stations, and hospitals.

Market Analysis for Properties in 31602

Market trends provide insights into property value and potential investments.

Current Market Trends

• Average Property Values: Average sale prices in the area.
• Days on Market: The average time properties stay on the market.
• Property Appreciation: Trends in property value appreciation over time.

Real Estate Comparisons

• Comparable Sales: Information on recently sold properties in the area.
• Property Listings: Active listings and their features.
• Rental Market: Information on rental rates and availability.

Investment Potential

• Rental Income: Potential rental income for the property.
• Investment Returns: Expected returns on investment based on market analysis.
• Future Development: Information on planned developments that might affect property values.

Legal and Financial Considerations

Key aspects regarding property ownership.

Property Taxes

• Annual Property Taxes: Amount of property taxes due.
• Tax Assessments: Property tax assessments and their impact.
• Tax Breaks: Available tax credits or deductions.

Zoning Regulations

• Zoning Codes: Zoning regulations that apply to the property.
• Land Use: Permitted land uses and restrictions.
• Building Codes: Compliance with building codes and regulations.

Title and Ownership

• Property Title: Information on the property's title.
• Liens and Encumbrances: Any liens or encumbrances on the property.
• Ownership Records: Public records related to property ownership.

Property Valuation and Appraisal

How to determine the property's value.

Appraisal Process

• Appraisal Methods: Overview of property appraisal methods.
• Professional Appraisers: Importance of professional appraisals.
• Appraisal Reports: Understanding appraisal reports.

Valuation Factors

• Location: The impact of location on property value.
• Property Condition: How the property's condition affects its value.
• Market Conditions: The role of market conditions in property valuation.

Calculating Property Value

• Comparative Market Analysis (CMA): Using CMA to determine property value.
• Cost Approach: Applying the cost approach for valuation.
• Income Approach: Using the income approach for investment properties.

Tips for Buyers and Sellers of Properties in 31602

Advice for those interested in buying or selling property in this area.

For Buyers

• Pre-Approval: Getting pre-approved for a mortgage.
• Home Inspection: The importance of a home inspection.
• Negotiation: Tips for negotiating the purchase price.

For Sellers

• Property Preparation: Preparing the property for sale.
• Pricing Strategies: Setting a competitive listing price.
• Marketing the Property: Effective marketing strategies.

Frequently Asked Questions (FAQ)

What is the current market value of properties in 31602?

The market value fluctuates, but it’s influenced by factors like location, property condition, and current market trends. Check recent sales data and consult with a local real estate agent for a more accurate assessment.

What schools serve the area around 251 Oak Ridge Drive?

The area is served by several schools. Research specific schools based on your criteria, and check local school district websites for details. — Gala Montes: Her Best Movies And TV Shows

What are the property taxes for 251 Oak Ridge Drive?

Property taxes vary. To find out the exact annual property tax amount, consult the local tax assessor's office.

What is the neighborhood like around 251 Oak Ridge Drive?

The neighborhood offers a mix of residential areas. Check the local demographics, amenities, and community feedback. Consider visiting the location to experience the neighborhood environment yourself.

Are there any community amenities near 251 Oak Ridge Drive?

The area is likely to have amenities like parks, shops, and restaurants. Check local community resources and online reviews to identify available amenities. — 2025 Governor Elections: Key Races To Watch

How can I find recent sales data for properties in the area?

Real estate websites, local real estate agents, and public records are great places to find recent sales data.

What are the zoning regulations for 251 Oak Ridge Drive?

Zoning information is available through the local zoning department. This will detail what kind of construction and usage is allowed. — Waldport, OR Homes For Sale: Your Ultimate Guide

Conclusion

251 Oak Ridge Drive offers a unique opportunity. By understanding its features, market dynamics, and surrounding community, you can make informed decisions. Whether you are considering buying, selling, or simply exploring the property, this guide offers valuable information to assist you. Always consult with real estate professionals and relevant local authorities for accurate, up-to-date details. Explore the possibilities, and make the most of your real estate journey.