503 Reed St is a 476 square foot house on a 7,881 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Monroe data, we estimate the home's value is $33,692.
Single-familyProperty Type
1930Year Built
7,881 sq ftLot Size
$71Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$33,692
$0 since October
Estimate history
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Year
Property tax
Land + Additions
Assessment*
2025
$87 (+166.5%)
$300 + $500
$800
2024
$33 (−0.9%)
$300
2023
$33 (+3.6%)
$300
2022
$32 (+0.3%)
$300
2021
$32
$300
2020
$32 (+0.6%)
$300
2019
$31 (−0.1%)
$300
2018
$32 (+5.5%)
$300
2017
$30 (+24.5%)
$270
2016
$24 (−27.3%)
$225
2015
$33
$300
2014
$33
$300
Tax history for 503 Reed St
Year
Property tax
Land + Additions
Assessment*
2025
$87 (+166.5%)
$300 + $500
$800
2024
$33 (−0.9%)
$300
2023
$33 (+3.6%)
$300
2022
$32 (+0.3%)
$300
2021
$32
$300
2020
$32 (+0.6%)
$300
2019
$31 (−0.1%)
$300
2018
$32 (+5.5%)
$300
2017
$30 (+24.5%)
$270
2016
$24 (−27.3%)
$225
2015
$33
$300
2014
$33
$300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Aug 26, 2025 • Active
Residential
Repair the roofing on a building.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Fair
Building Type: Residential
Property Information
Subdivision Name: WILSON WILLIAMS ADD
Living Sq. Ft: 476
Legal Description: LOT 10 SQ 10 WILSON WILLIAMS ADDN
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,881
Legal Lot Number: 10
Legal Block Number: 10
Municipality Name: MONROE
Acres: 0.1809
County Use Description: SINGLE FAMILY RESIDENCE
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 476
Stories: —
Lot Size: 7,881 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: —
County: Ouachita Parish
APN: 46308-R
Home facts updated by county records on May 11, 2026
Around this home
Schools
K - 12
Preschool & daycare
Minnie Ruffin Elementary School
Public PreK-6 • Assigned • 1.0mi
2/10
Martin Luther King Jr. Middle School
Public 7-8 • Assigned • 1.0mi
3/10
Wossman High School
Public 9-12 • Assigned • 1.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 69-77% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 112° expected this year, 20 days in 30 years
7/10 Wind Factor
78% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Monroe, LA • 71202
Average low and high temperatures (°F)
55
36
65
45
76
54
81
61
83
66
91
74
94
76
92
73
90
68
81
59
72
52
62
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
$33,000 – $39,000
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