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556 Pelican Ridge Drive

556 Pelican Ridge Drive, Madisonville, LA 70447
Property in St. Tammany
Sold Aug 03, 2015
$740,000
$260,000 by Florida Parishes Bank
Mortgage Due Aug 03, 2045
556 Pelican Ridge Drive has been categorized by the local assessors in Madisonville, LA as a residential type of property. The building on the property was first built in 2009 and is 15 years old. In addition, 556 Pelican Ridge Drive has 4,621 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 43,560 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 735 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 556 Pelican Ridge Drive sold most recently in Jul 24, 2015 for a total of $740,000. If you work out the math, that's approximately a cost of $160.14 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,078 in taxes each year. 556 Pelican Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $69,818. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $61,818. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 735
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 4,621
  • Gross Building Area: 4,621
  • Building Area: 4,621
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,621
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLACK RIVER ESTATES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 114 BLACK RIVER ESTATES PH 9 INST NO 1162442 I

Ownership

  • Current Owner : SEGARI STEPHEN M
  • Current Owner 2: ABRAMSON ANDREA
  • Previous Owner : LANCASTER DEREK E
  • Previous Owner 2: LANCASTER ANGELA L
  • 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: 9
  • Parcel: 9392
  • Lot: 114
  • Municipality: WARD 1
  • Latitude: 30.4344
  • Longitude: -90.1902

    Address

  • Full Address: 556 Pelican Ridge Dr
  • Address - House Number: 556
  • Address - Street Name: Pelican Ridge
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Madisonville
  • Carrier Code: R010
  • 4-Digit Zip Code: 9248
  • Zip Code: 70447

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,078
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 870,299
  • High Value: 1,054,974
  • Low Value: 685,625

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: FLORIDA PARISHES BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: Aug 03, 2045

    Market Valuation

  • Market Total Value: $698,180
  • Market Land Value: $80,000
  • Market Improvement Value: $618,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,818
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $61,818

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2015
  • Current Sale Recording Date: Aug 03, 2015
  • Current Sale Transaction ID: 1279023225
  • Current Sale Price: $740,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 1990793

    Last Sale Mortgage

  • First Mortgage Lender: FLORIDA PARISHES BANK
  • First Mortgage Transaction Date: Aug 03, 2015
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About St. Tammany



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Frequently Asked Questions

What neighborhood is 556 Pelican Ridge Drive located in?
The 556 Pelican Ridge Drive is a located in the neighborhood of St. Tammany in St. Tammany, Madisonville.
What is the average sales price for listings in 556 Pelican Ridge Drive?
The average sales price for units in 556 Pelican Ridge Drive is $0 currently.

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