See Home Value
St. Tammany 70447
504 DRAKE ELM Drive
$347,000 - $423,000
House - Off Market

504 DRAKE ELM Drive

Madisonville, LA 70447
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2341 Sqft
Sold Oct 05, 2020
$295,000
$289,658 by Gmfs Llc
Mortgage Due Oct 01, 2050
Sold Oct 22, 2012
$216,000
$223,128 by Gmfs Llc
Mortgage Due Nov 01, 2042

About This Property

Welcome to this meticulously maintained residence nestled within the inviting community of Madisonville! This captivating 3-bedroom, 3-bathroom home is located within a subdivision and has a large fenced lot.  Step into the welcoming open-concept layout, the living room exudes warmth and comfort, complemented by abundant natural light streaming through expansive windows, this home is great for casual relaxation and formal entertaining.  Enjoy the serenity of a tranquil neighborhood while maintaining close proximity to an array of local conveniences, including schools, parks, shopping, and commuter routes.  Home has stained concrete floors throughout most of the home, eat-in kitchen with granite counters, a gas range, ample cabinets, a pantry, and stainless appliances.  Retreat to the primary bedroom sanctuary, where tranquility abounds and luxury awaits in the ensuite bathroom and expansive closet space.  Some additional features, fully fenced back yard, a laundry room, attached garage, and ample storage solutions throughout the home. Office has large shelving units that function like built-in storage and a desk/kennel that also functions as a built in furniture addition.  Enjoy the large bonus room which could serve a variety of functions and has a large closet and third full bath.  Home has two central AC units and a whole home generator.  Don't miss the opportunity to make this Madisonville gem your own. Schedule your private tour today and experience firsthand the unparalleled combination of style, comfort, and convenience that awaits within this remarkable home.

The manager has listed the unit size as 2341 square feet.
Unit Size
2,341Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
$270
Year Built
2006

Price History

Date / Event Date Event Price
Mar 4, 2024 No longer available -
No longer available
Feb 5, 2024 Listed $385,000
Listed
Oct 6, 2021 No longer available -
No longer available
Oct 5, 2020 Sold to Ashley Slater, Samuel Slater $295,000
Sold to Ashley Slater, Samuel Slater
Aug 29, 2020 In contract -
In contract
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Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,298
  • Gross Building Area: 2,298
  • Building Area: 2,298
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,298
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBERLANE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 97 TIMBERLANE PH 2 INST NO 1337156 INST NO 151

Ownership

  • Current Owner : SLATER SAMUEL
  • Current Owner 2: SLATER ASHLEY
  • Previous Owner : COX JOHN ROBERT
  • Owner Before Previous Owner: NADEAR MELONYE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: St. Tammany Parish School District
  • School Tax School District: FIRE DIST 02
  • School Tax District Code 2: FIRE DIST 02
  • School Tax District Code 3: FIRE DIST 02
  • Census Tract: 040309

Geography

  • District: 1R
  • Subdivision Phase Number: 2
  • Parcel: 10645
  • Lot: 97
  • Municipality: WARD 1
  • Latitude: 30.4321
  • Longitude: -90.2252

    Address

  • Full Address: 504 Drake Elm Ct
  • Address - House Number: 504
  • Address - Street Name: Drake Elm
  • Address - Suffix Type: Ct
  • State: LA
  • City Name: Madisonville
  • Carrier Code: R001
  • 4-Digit Zip Code: 3044
  • Zip Code: 70447

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,395
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 378,014
  • High Value: 411,430
  • Low Value: 344,599

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,658
  • First Open Lien Mortgage Lender: GMFS LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $289,658
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $259,750
  • Market Land Value: $42,500
  • Market Improvement Value: $217,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,975
  • Assessed Land Value: $4,250
  • Assessed Improvements Value: $21,725

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Transaction ID: 11796224482
  • Current Sale Price: $295,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2230281
  • Previous Sale Recording Date: Oct 22, 2012
  • Previous Sale Contract Date: Oct 05, 2012
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GMFS LLC
  • First Mortgage Transaction Date: Oct 05, 2020
  • First Mortgage Loan Amount: $289,658
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GMFS LLC
  • Previous Mortgage Transaction Date: Oct 22, 2012
  • Previous Mortgage Loan Amount: $223,128
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Tammany


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 70461 Chambly Court, Madisonville, LA, 70447

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,689 ft²
70461 Chambly Court, Madisonville, LA, 70447 Listing by Ashley Callahan


Frequently Asked Questions

When was property at 504 Drake Elm Court built and last sold?
The property at 504 Drake Elm Court was built in 2006 and last sold on Sep 28, 2020 for $295,000.
How much is this home worth?
The estimated value of the home located at 504 Drake Elm Court is $383,270.
What are some comparable homes to 504 Drake Elm Court?
There are currently no comparable homes to 504 Drake Elm Court.

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