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501 West Magnolia Street

501 West Magnolia Street, Ponchatoula, LA 70454
Property in Tangipahoa
Sold Mar 18, 2022
$280,000
$282,828 by Gulf Coast Bank And Trust Comp
Mortgage Due Apr 01, 2052
Sold Oct 02, 2014
$159,000
$190,000 by Florida Parishes Bank
Mortgage
501 West Magnolia Street has been categorized by the local assessors in Ponchatoula, LA as a residential type of property. The building on the property was first built in 2020 and is 4 years old. In addition, 501 West Magnolia Street has 2,083 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 87,120 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 501 West Magnolia Street was last sold in Mar 17, 2022 for $280,000. According to our calculations, that's $134.42 per sqft. Prior to that sales transaction, the property was sold for $159,000 in Oct 1, 2014. Current property owners are expected to pay $1,620 in taxes per year. The property on 501 West Magnolia Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $23,283. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $17,283. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,083
  • Building Area: 2,083
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,083
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PONCHATOULA
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: E 160 FT OF LOTS 1 2 SQ 111 PONCH B141 P282 B748 P532 B821 P376 B997 P495 B1362 P668 B1607 P146

Ownership

  • Current Owner : FOIL NICOLE AIMEE
  • Previous Owner : PROKOP GERMANY AMANDA
  • Previous Owner 2: PROKOP ANDREW DYSON
  • Owner Before Previous Owner: TRUELSON HELEN TERY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tangipahoa Parish School District
  • Census Tract: 954700

Geography

  • Parcel: 1650106
  • Block: 111
  • Lot: 1
  • Meridian: SEC 18 TWN 07S RNG 08E
  • Municipality: PONCHATOULA
  • Latitude: 30.4345
  • Longitude: -90.447

    Address

  • Full Address: 501 W Magnolia St
  • Address - House Number: 501
  • Street Direction: W
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: LA
  • City Name: Ponchatoula
  • Carrier Code: C001
  • 4-Digit Zip Code: 3725
  • Zip Code: 70454

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,620

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 273,758
  • High Value: 341,365
  • Low Value: 206,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,828
  • First Open Lien Mortgage Lender: GULF COAST BANK AND TRUST COMP
  • First Open Lien Mortgage Recording Date: Mar 18, 2022
  • First Open Lien Mortgage Loan Amount: $282,828
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $232,832
  • Market Land Value: $60,000
  • Market Improvement Value: $172,832

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,283
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $17,283

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Transaction ID: 11882511669
  • Current Sale Price: $280,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1096560
  • Previous Sale Recording Date: Oct 02, 2014
  • Previous Sale Contract Date: Oct 01, 2014
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GULF COAST BANK AND TRUST COMP
  • First Mortgage Transaction Date: Mar 18, 2022
  • First Mortgage Loan Amount: $282,828
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FLORIDA PARISHES BANK
  • Previous Mortgage Transaction Date: Oct 02, 2014
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Ponchatoula



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Frequently Asked Questions

What neighborhood is 501 West Magnolia Street located in?
The 501 West Magnolia Street is a located in the neighborhood of Tangipahoa in Ponchatoula, Ponchatoula.
What is the average sales price for listings in 501 West Magnolia Street?
The average sales price for units in 501 West Magnolia Street is $0 currently.

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