NOT LISTED FOR SALE

122 W Pine St Ponchatoula, LA 70454

Estimated Value: $1,506,236

-- Bed
-- Bath
12,254 Sq Ft
$123/Sq Ft Est. Value

Last Sold January 18, 2022

Current estimated payment $8,972/month

25 Days on Market

About This Home

As of January 2022

Iconic building located in Downtown Ponchatoula, Income producing property, Flood Zone X, Rear courtyard, main intersection of Ponchatoula in the heart of downtown. Balcony above highway 22 and railroad.

Last Agent to Sell the Property

Jason Lipscomb

Downtown Realty License #995690415 Listed on: 11/24/2021

Last Buyer's Agent

Jason Lipscomb

Downtown Realty License #995690415 Listed on: 11/24/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,689

Year Built

  • Built in 1904

Lot Details

  • Lot Dimensions are 80x100
  • Corner Lot
  • Zoning described as Com

Parking

  • Off-Street Parking

Interior Spaces

  • 12,254 Sq Ft Home
  • Property has 2 Levels

Location

  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 70454122WPINEST7

Property Details

Property Type

Other

Est. Annual Taxes

$6,689

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size: 80x100
  • Co List Office Mls Id: KELW01
  • Subdivision Name: Not a Subdivision
  • Directions: Highway 22 and Railroad
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Office, Retail
  • Year Built Details: 118
  • Year Built: 1904
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 1904

Interior Features

  • Living Area: 12254.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70454122WPINEST7
  • Zoning Description: Com
  • Zoning: Com
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 12000.0

Tax Info

  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Mar 2, 2022
Sold by
Land Investments Llc
Bought by
Property Geeks Llc
Seller's Agent
Jason Lipscomb
Downtown Realty
Buyer's Agent
Jason Lipscomb
Downtown Realty
List Price
$1,400,000
Sold Price
$1,400,000
Total Days on Market
25
Current Estimated Value
$1,506,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,236
Avg. Annual Appreciation
2.17%
Original Mortgage
$1,120,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2021
Closed on
Jan 18, 2022
Sold by
Nantahala Holdings Llc
Bought by
Pine Street Moguls Llc
Seller's Agent
Jason Lipscomb
Downtown Realty
Buyer's Agent
Jason Lipscomb
Downtown Realty
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Lamarca Anthony M and Lamarca Kimberlynne K
Bought by
Gueydan Thomas G and Gueydan Cathy A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Property Geeks Llc $365,000 First American Title
Property Geeks Llc $365,000 First American Title
Pine Street Moguls Llc $1,400,000 None Listed On Document
Pine Street Moguls Llc $1,400,000 None Listed On Document
Gueydan Thomas G $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pine Street Moguls Llc $1,120,000
Previous Owner Enmon Enterprises Llc $760,000
Previous Owner Natahala Holding Llc $922,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold -- -- --
12/19/2021 12/19/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $1,400,000 -- $114 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,689 $98,100 $21,600 $76,500
2023 $6,502 $93,440 $20,000 $73,440
2022 $8,656 $124,400 $20,000 $104,400
2021 $6,029 $70,025 $20,000 $50,025
2020 $6,023 $70,025 $20,000 $50,025
2019 $6,007 $70,025 $20,000 $50,025
2018 $6,028 $70,025 $20,000 $50,025
2017 $6,026 $70,025 $20,000 $50,025
2016 $6,026 $70,025 $20,000 $50,025
2015 $4,875 $70,025 $20,000 $50,025
2014 $4,456 $70,025 $20,000 $50,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2328645

APN: 01650300