NOT LISTED FOR SALE

516 Drake Elm Ct Madisonville, LA 70447

Estimated Value: $378,769 - $403,000

4 Beds
2 Baths
2,226 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 15, 2021

Current estimated payment $2,377/month

4 Days on Market

Highlights

  • French Provincial Architecture
  • Jetted Tub in Primary Bathroom
  • Granite Countertops
  • Joseph B. Lancaster Elementary School Rated A-
  • Corner Lot
  • Community Pool

About This Home

As of October 2021

Spacious 4 bedroom 2 bath on corner lot in Timberlane Subdivision. Features include large Kitchen with center island, breakfast bar, stainless appliances & granite counters, Formal Dining plus breakfast area & Large Primary bedroom & ensuite with jetted tub, 2 closets & separate shower. Plantation shutters. Rear yard vehicle access. Roof only 3 years old. Water heaters brand new. Oversized garage. Outlet & gas hookups on rear porch for portable generator direct hookup. Flood Zone C. Blue ribbon schools!

Last Agent to Sell the Property

Stacia Lamulle

1 Percent Lists Premier License #000072213 Listed on: 09/10/2021

Last Buyer's Agent

Tammy Whitehead

LATTER & BLUM (LATT15) License #000002564

LATTER & BLUM (LATT15)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,876

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 150x120x118.78x121.7
  • Fenced
  • Corner Lot
  • Oversized Lot
  • Property is in excellent condition

HOA Fees

  • $30 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,226 Sq Ft Home
  • Property has 1 Level
  • Tray Ceiling
  • Gas Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Madisonville Elementary School
  • Lancaster Middle School
  • Mandeville High School

Additional Features

  • Outside City Limits
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 70447516DrakeElmCT100

Community Details

Overview

  • Timberlane Sub Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,876

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.2784
  • Lot Size: 150x120x118.78x121.7
  • Subdivision Name: Timberlane Sub
  • Directions: Hwy 22 West to Timberlane subdivision, take 1st left the right on Timberwood Lp, home on corner
  • Architectural Style: French/Provincial
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: 15
  • Year Built: 2006
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Granite Counters, Jetted Tub, Pantry, Stainless Steel Appliances
  • Living Area: 2226.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, Outside City Limits, Oversized Lot
  • Pool Features: Community
  • Home Warranty: No
  • Construction Type: Brick, Stucco
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Concrete, Covered
  • Property Condition: Excellent, Updated/Remodeled, Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 180.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Schools

  • Elementary School: Madisonville
  • High School: Mandeville
  • Middle Or Junior School: Lancaster

Lot Info

  • Parcel #: 70447516DrakeElmCT100
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
Lowrle Robert C
Bought by
Vincent John M and Vincent Lucy M
Seller's Agent
Stacia Lamulle
1 Percent Lists Premier
Buyer's Agent
Tammy Whitehead
LATTER & BLUM (LATT15)
List Price
$335,000
Current Estimated Value
$386,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$318,250
Outstanding Balance
$291,471
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$98,468

Purchase Details

Closed on
Jun 28, 2021
Sold by
Lowrie Vivan Cornell
Bought by
Lowrie Robert Cadwell and Lowrie Kevin Cornell

Purchase Details

Closed on
Apr 16, 2010
Sold by
Fale Hakan
Bought by
Lowrie Vivian Cornell and Lowrie Robert C
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
Vincent John M $335,000 Stewart Title
Lowrie Robert Cadwell -- None Available
Lowrie Vivian Cornell $275,000 Stone Title Insurance Of La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent John M $318,250
Previous Owner Matthias Susan Caldwell $224,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold -- -- --
09/15/2021 09/15/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $335,000 -- $150 / 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 $2,876 $31,549 $4,250 $27,299
2023 $2,876 $25,151 $4,250 $20,901
2022 $228,809 $25,151 $4,250 $20,901
2021 $2,276 $25,093 $4,250 $20,843
2020 $2,282 $25,093 $4,250 $20,843
2019 $3,305 $24,711 $4,250 $20,461
2018 $3,309 $24,711 $4,250 $20,461
2017 $3,333 $24,711 $4,250 $20,461
2016 $3,348 $24,711 $4,250 $20,461
2015 $2,365 $24,561 $4,250 $20,311
2014 $2,338 $24,561 $4,250 $20,311
2013 -- $24,561 $4,250 $20,311
Source: Public Records

Agents Affiliated with this Home

  • Stacia Lamulle

    Seller's Agent in 2021

    Stacia Lamulle

    1 Percent Lists Premier

    (985) 778-1995

    324 Total Sales

    Stacia Lamulle
    Section Image
  • Tammy Whitehead

    Buyer's Agent in 2021

    Tammy Whitehead

    LATTER & BLUM (LATT15)

    (985) 502-1459

    261 Total Sales

    Tammy Whitehead
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2314840

APN: 10653

Louisiana St Tammany Parish Madisonville 70447

516 Drake Elm Ct, Madisonville, LA

This home is located at 516 Drake Elm Ct, Madisonville, LA 70447 since 10 September 2021 and is currently estimated at $386,692, approximately $173 per square foot. This property was built in 2006. 516 Drake Elm Ct is a home located in St. Tammany Parish with nearby schools including Madisonville Elementary School, Joseph B. Lancaster Elementary School, and Madisonville Junior High School.

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