240 Spence Rd is a 800 square foot house on a 1 acre lot with 1 bedroom and 1 bathroom. - it last sold on September 27, 2018 for $220,000. Based on Redfin's Monroe data, we estimate the home's value is $368,488.
Single-familyProperty Type
1994Year Built
1 acresLot Size
$461Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records
Redfin Estimate
$368,488
$148K since sold in September 2018$38K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.7% higher than the average sale price ($305K) of 5 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Average
Building Type: Residential
Property Information
Living Sq. Ft: 800
Legal Description: 1.00 ACS IN NE4 SEC 36 T19N R4E BEG 1409.88 FT W OF NE COR, W 301.70 FT, SO 292.50 FT TO BEG -LESS 1.02 ACS BK 1109-849- -ERROR IN DEED BK 2101-725-
Lot Information
# of Buildings: 2
Land Sq. Ft: 43,560
Municipality Name: WARD 02
Acres: 1
County Use Description: SINGLE FAMILY RESIDENCE
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 800
Stories: —
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: —
County: Ouachita Parish
APN: 8156-R
Home facts updated by county records on Oct 21, 2026
Around this home
Schools
K - 12
Preschool & daycare
Swartz Lower Elementary School
Public PreK-2 • Assigned • 2.3mi
East Ouachita Middle School
Public 6-8 • Assigned • 3.7mi
5/10
Ouachita Parish High School
Public 8-12 • Assigned • 6.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 111° expected this year, 20 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Monroe, LA • 71203
Average low and high temperatures (°F)
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35
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44
77
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81
61
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66
91
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95
76
92
72
90
67
80
58
71
51
62
43
Jan
Feb
Mar
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May
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Sun exposure
In this area, properties receive around 10.2 hours in
June and 5 hours in December, placing it above the
U.S. average for solar exposure.
10.2 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$351,000 – $424,000
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