NOT LISTED FOR SALE

40197 Olde Mill Ln Ponchatoula, LA 70454

Estimated Value: $226,000 - $247,000

3 Beds
-- Bath
1,585 Sq Ft
$149/Sq Ft Est. Value

About This Home

LEASE TO OWN!
Location! Location! Location! FLOOD ZONE X
Great split floor plan 1,585 sqft 3 bedrooms, 2 bathrooms. Kitchen, living and dining room all opened with gas fireplace as focal point. Kitchen has stainless steel appliances, refrigerator, granite counter tops, island with seating, ample cabinets & pantry. Primary suite with ceiling fan, bathroom with dual sinks, separate shower, and jetted tub. 2 other bedrooms off a private hallway with 1 fully bathroom with tub/shower combo. No carpet! Living area has tile flooring and vinyl wood in all bedrooms. 2 car attached garage for additional storage. Fenced in backyard with extended patio cover. Easy access to tangi or St Tammany for work, shopping or medical.

The Lease to own program is designed for someone that is on the verge of being able to purchase a home but just needs a little more time. You rent the house for a year, then you purchase it with your own financing.
$10,000 down payment
$1,800/month rent
$240,000 purchase price

When you purchase the home, after a year, you get your 10k back plus $500/month in rent credits ($6,000) from me. So at closing $16,000 comes off the purchase price.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2009
Sold by
Chiasson Michael
Bought by
Locascio Nicholas Charles
Current Estimated Value
$235,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,420
Outstanding Balance
$110,970
Interest Rate
5.06%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$125,029
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Locascio Nicholas Charles $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locascio Nicholas Charles $174,420
Previous Owner Ventura Homes Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2024 10/27/24 Off Market $1,800 -- --
09/25/2024 09/25/24 For Rent $1,800 -- --

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 $1,433 $14,370 $3,780 $10,590
2023 $1,436 $14,198 $3,500 $10,698
2022 $1,436 $14,198 $3,500 $10,698
2021 $1,440 $14,198 $3,500 $10,698
2020 $1,434 $14,198 $3,500 $10,698
2019 $1,431 $14,198 $3,500 $10,698
2018 $1,435 $14,198 $3,500 $10,698
2017 $1,435 $14,198 $3,500 $10,698
2016 $1,435 $14,198 $3,500 $10,698
2015 $1,448 $14,306 $3,500 $10,806
2014 $648 $14,306 $3,500 $10,806
Source: Public Records

Map

Louisiana Tangipahoa Parish Ponchatoula 70454

40197 Olde Mill Ln, Ponchatoula, LA

This home is located at 40197 Olde Mill Ln, Ponchatoula, LA 70454 and is currently estimated at $235,999, approximately $148 per square foot. 40197 Olde Mill Ln is a home located in Tangipahoa Parish with nearby schools including Tucker Memorial Elementary School, D.C. Reeves Elementary School, and Martha Vinyard Elementary School.

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