NOT LISTED FOR SALE

298 Tower Rd Ponchatoula, LA 70454

Estimated Value: $998,492

-- Bed
-- Bath
14,000 Sq Ft
$71/Sq Ft Est. Value

Last Sold June 20, 2017

Current estimated payment $5,562/month

1 Day on Market

About This Home

As of June 2017

Triple net lease. Warehouse and Office Space. Easy access to Interstate 55 and Interstate 12. Excellent for distributors or any growing business. Equipped with 480 power and two artesian wells located on the property along with two 14 foot bay doors and spots for add more. Office 2435 SF. Clean Room 1150 SF, Fenced cement yard 2000 SF. Owner will build to suit and is also willing to build out a truck well pending a qualified tenant and lease agreement.

Last Agent to Sell the Property

BUB TUCKER

Bub Tucker Realty LLC License #995690094 Listed on: 06/19/2017

Last Buyer's Agent

CHARLES BRANCH

Branch Real Estate, L.L.C. License #000078062

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,229

Lot Details

  • 2 Acre Lot
  • Rectangular Lot
  • Zoning described as COM

Parking

  • Parking Lot

Home Design

  • 14,000 Sq Ft Home
  • Metal Siding
  • Vinyl Siding

Additional Features

  • Loading Dock or Area
  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70454298TOWERRD

Property Details

Property Type

Other

Est. Annual Taxes

$3,229

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 2.0
  • Lot Size: 2 acres
  • Subdivision Name: Not a Subdivision
  • Directions: Go South on HWY 51, Tower Rd will be on the westside of HWY 51. Continue down Tower Rd 1/3 mile. Building will be on your right.
  • New Construction: No
  • Structure Type: Warehouse
  • Year Built Details: 17
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Living Area: 14000.0

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot, Rectangular Lot
  • Construction Type: Metal Siding, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Green Building Features: Loading Dock
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70454298TOWERRD
  • Zoning Description: COM
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2017
Sold by
Tower Property Development Llc
Bought by
Mountain Holdings Llc
Current Estimated Value
$998,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$424,460
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$574,032

Purchase Details

Closed on
Sep 29, 2016
Sold by
Foundation Homes Llc
Bought by
Tower Property Development Llc

Purchase Details

Closed on
May 6, 2005
Sold by
F & C Truck Maintenance Inc
Bought by
Foundation Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.92%
Mortgage Type
Commercial
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
Mountain Holdings Llc $635,000 First American Title
Tower Property Development Llc $375,000 Le Fleur De Lis Title
Foundation Homes Llc $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mountain Holdings Llc $512,000
Previous Owner Foundation Homes Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold -- -- --
06/19/2017 06/19/17 For Sale $650,000 -- $46 / 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 $3,229 $47,355 $4,320 $43,035
2023 $3,273 $47,035 $4,000 $43,035
2022 $3,273 $47,035 $4,000 $43,035
2021 $4,051 $47,035 $4,000 $43,035
2020 $4,045 $47,035 $4,000 $43,035
2019 $4,035 $47,035 $4,000 $43,035
2018 $4,049 $47,035 $4,000 $43,035
2017 $4,048 $47,035 $4,000 $43,035
2016 $4,048 $47,035 $4,000 $43,035
2015 $3,462 $49,725 $4,000 $45,725
2014 $3,164 $49,725 $4,000 $45,725
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    BUB TUCKER

    Bub Tucker Realty LLC

    (985) 687-5592

    5 in this area

    23 Total Sales

    BUB TUCKER
    Section Image

  • C

    Buyer's Agent in 2017

    CHARLES BRANCH

    Branch Real Estate, L.L.C.

    (985) 969-2378

    24 in this area

    29 Total Sales

    CHARLES BRANCH
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2111124

APN: 06068227

Louisiana Tangipahoa Parish Ponchatoula 70454

298 Tower Rd, Ponchatoula, LA

This home is located at 298 Tower Rd, Ponchatoula, LA 70454 since 19 June 2017 and is currently estimated at $998,492, approximately $71 per square foot. 298 Tower Rd is a home located in Tangipahoa Parish with nearby schools including Tucker Memorial Elementary School, D.C. Reeves Elementary School, and Ponchatoula Junior High School.

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