502 Lakeland Drive

Local assessors in Baton Rouge, LA have categorized 502 Lakeland Drive as a residential type of property. The property's lot size has been calculated to be 43,560 square feet. If we look only at the heated or air conditioned part of the building, then 502 Lakeland Drive has a total of 6,840 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 502 Lakeland Drive sold most recently in Jan 11, 2019 for a total of $635,000. If you work out the math, that's approximately a cost of $92.84 per sqft. Before that, the property was also sold for $650,000 in Jun 14, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,789 in taxes each year. 502 Lakeland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $60,325. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $50,325. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.