NOT LISTED FOR SALE

404 Gainesway Dr Madisonville, LA 70447

Estimated Value: $302,000 - $319,719

3 Beds
2 Baths
1,696 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 20, 2019

Current estimated payment $1,980/month

6 Days on Market

Highlights

  • French Provincial Architecture
  • Stone Countertops
  • Wrap Around Porch
  • Joseph B. Lancaster Elementary School Rated A-
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of December 2019

CONVENIENTLY LOCATED NEAR THE INTERSTATE THIS WELL MAINTAINED HOME IS IN MADISON FARMS. GREAT NEIGHBORHOOD WITH 2 COMMUNITY POOLS & PLAYGROUND. DEN HAS WOOD FLOORS, CORNER FIREPLACE. WINDOWS FROM THE DEN, KITCHEN, BREAKFAST AREA OVER LOOK PATIO THAT HAS BEEN EXPANDED BY 508 SQ FT WITH SCORED CONCRETE. KITCHEN HAS BEAUTIFUL CABINETS, GRANITE COUNTERS. OFF OF THE KITCHEN THERE IS A OFFICE, LAUNDRY ROOM. MAST BEDRM HAS TRAY CEILINGS. SELLER IS OFFERING BUYERS CLOSING COST UP TO 1% OF THE NET PURCHASE PRICE

Last Agent to Sell the Property

Gwen Dorris

LATTER & BLUM (LATT15) License #000074482 Listed on: 11/13/2019

LATTER & BLUM (LATT15)

Last Buyer's Agent

Cody Currier

1 Percent Lists License #995696612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 69x140x88x140
  • Rectangular Lot
  • Property is in excellent condition

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • French Provincial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,696 Sq Ft Home
  • Property has 1 Level
  • Wired For Sound
  • Wood Burning Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range
  • Microwave
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Wrap Around Porch
  • Shed

Additional Features

  • Outside City Limits
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 70447404GaineswayDR

Community Details

Overview

  • Madison Farms Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,949

Year Built

Built in 2003

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 69X140X88X140
  • Subdivision Name: Madison Farms
  • Directions: Belington, Right on Calumet, LEFT ON GAINESWAY, HOUSE ON THE LEFT
  • Architectural Style: French/Provincial
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: 16
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 2003

Interior Features

  • Spa Features: None
  • Private Spa: No
  • Appliances: Disposal, Microwave, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Stone Counters, Wired for Sound
  • Living Area: 1696.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Outside City Limits, Rectangular Lot
  • Pool Features: Community
  • Home Warranty: No
  • Construction Type: Brick, Stucco, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Oversized
  • Property Condition: Excellent, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Pool
  • Association Fee: 390.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 70447404GaineswayDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Dec 20, 2019
Sold by
Cannon John T
Bought by
Schwab Dustin M and Eldridge Elizabeth M
Seller's Agent
Gwen Dorris
LATTER & BLUM (LATT15)
Buyer's Agent
Cody Currier
1 Percent Lists
List Price
$240,000
Current Estimated Value
$314,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$216,000
Outstanding Balance
$191,253
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$122,427

Purchase Details

Listed on
Jan 18, 2012
Closed on
Apr 25, 2012
Sold by
Lcgardeur Andrea Ruiz and Lcgardeur Paul Andre
Bought by
Cannon John T
Seller's Agent
Stevie Mack
REVE, REALTORS
Buyer's Agent
PATTI FAULDER
REVE, REALTORS
List Price
$237,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%
Original Mortgage
$180,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Schwab Dustin M $240,000 Old Republic National Title
Cannon John T $225,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwab Dustin M $216,000
Previous Owner Cannon John T $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold -- -- --
11/20/2019 11/20/19 Pending -- -- --
11/13/2019 11/13/19 For Sale $240,000 +1.3% $142 / Sq Ft
04/25/2012 04/25/12 Sold -- -- --
03/26/2012 03/26/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $237,000 -- $140 / 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 $2,949 $24,662 $4,500 $20,162
2023 $2,949 $21,978 $4,500 $17,478
2022 $284,902 $21,978 $4,500 $17,478
2021 $2,844 $21,978 $4,500 $17,478
2020 $2,028 $23,131 $4,500 $18,631
2019 $2,831 $21,168 $4,500 $16,668
2018 $2,835 $21,168 $4,500 $16,668
2017 $2,855 $21,168 $4,500 $16,668
2016 $2,868 $21,168 $4,500 $16,668
2015 $1,919 $21,343 $4,080 $17,263
2014 $1,897 $21,343 $4,080 $17,263
2013 -- $21,343 $4,080 $17,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2230871

APN: 8712