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113 Timberwood Drive

113 Timberwood Drive, Madisonville, LA 70447
Property in St. Tammany
Sold Dec 16, 2020
$315,000
$150,000 by Lhm Financial Corp
Mortgage Due Jan 01, 2051
Sold Sep 27, 2012
$30,000
$221,600 by First Community Bank
Mortgage
Local assessors in Madisonville, LA have categorized 113 Timberwood Drive as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 43,560 square feet. If we look only at the heated or air conditioned part of the building, then 113 Timberwood Drive has a total of 2,341 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 439 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 113 Timberwood Drive sold most recently in Dec 16, 2020 for a total of $315,000. If you work out the math, that's approximately a cost of $134.56 per sqft. Before that, the property was also sold for $30,000 in Sep 24, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,489 in taxes each year. 113 Timberwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,703. If we break it down further, the land itself was valued at $4,250. Improvements to the property, however, were assessed at a total of $22,453. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Building Condition: Average
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 439
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,341
  • Gross Building Area: 2,341
  • Building Area: 2,341
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,341
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBERLANE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 83 TIMBERLANE PH 2 INST NO 1337156 INST NO 151

Ownership

  • Current Owner : KEMP JEAN DELANEY
  • Current Owner 2: KEMP JOHN LESLIE
  • Previous Owner : ECK HEATHER LEE WILLIAMS
  • Previous Owner 2: ECK MICHAEL C
  • Owner Before Previous Owner: CODAVID D MISSISIPPI STATE UNIVERSITY FOUNDAT
  • Owner Before Previous Owner 2: EASLEY ID
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: St. Tammany Parish School District
  • School Tax School District: FIRE DIST 02
  • School Tax District Code 2: FIRE DIST 02
  • School Tax District Code 3: FIRE DIST 02
  • Census Tract: 040309

Geography

  • District: 1R
  • Subdivision Phase Number: 2
  • Parcel: 10539
  • Lot: 83
  • Municipality: WARD 1
  • Latitude: 30.4318
  • Longitude: -90.2238

    Address

  • Full Address: 113 Timberwood Dr
  • Address - House Number: 113
  • Address - Street Name: Timberwood
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Madisonville
  • Carrier Code: R001
  • 4-Digit Zip Code: 3025
  • Zip Code: 70447

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,489
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 384,045
  • High Value: 456,735
  • Low Value: 311,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: LHM FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Dec 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $267,030
  • Market Land Value: $42,500
  • Market Improvement Value: $224,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,703
  • Assessed Land Value: $4,250
  • Assessed Improvements Value: $22,453

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Transaction ID: 11809440461
  • Current Sale Price: $315,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2242628
  • Previous Sale Recording Date: Sep 27, 2012
  • Previous Sale Contract Date: Sep 24, 2012
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LHM FINANCIAL CORP
  • First Mortgage Transaction Date: Dec 16, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMUNITY BANK
  • Previous Mortgage Transaction Date: Sep 27, 2012
  • Previous Mortgage Loan Amount: $221,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About St. Tammany



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Frequently Asked Questions

What neighborhood is 113 Timberwood Drive located in?
The 113 Timberwood Drive is a located in the neighborhood of St. Tammany in St. Tammany, Madisonville.
What is the average sales price for listings in 113 Timberwood Drive?
The average sales price for units in 113 Timberwood Drive is $0 currently.

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