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119 Timberwood Drive

119 Timberwood Drive, Monroe, LA 71203
Property in Ouachita
Sold Nov 15, 2022
$134,000
$129,980 by Movement Mortgage Llc
Mortgage Due Dec 01, 2052
Sold Jul 02, 2015
$139,000
$139,000 by United States Department Of Ag
Mortgage Due Jul 02, 2048
Local assessors in Monroe, LA have categorized 119 Timberwood Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 7,492 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 119 Timberwood Drive has a total of 1,313 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 attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a hip style roof that was made of shingle (not wood). Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. The home's a central heating system is the primary heating source. The property was last sold in Nov 9, 2022 for $134,000. That's $102.06 per sqft. Prior to that sales transaction, the property was also sold in Jul 2, 2015 for $139,000. 119 Timberwood Drive was last assessed in 2023. The total value of the property was assessed at $13,865. Specifically, the land the property is located on was valued at $2,000. While improvements on the property were assessed at a total of $11,865. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $887. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,492
  • Total Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,313
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLE MEADE SUBD UNIT 5
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 36 BELLE MEADE ADDN UNIT 5

Ownership

  • Current Owner : NANCE BENJAMIN ELIJAH
  • Current Owner 2: LEANN MADDOX NANCE RACHAEL
  • Previous Owner : HALE PRESTON THOMAS
  • Owner Before Previous Owner: OTERO DANA LAMBERT
  • Owner Before Previous Owner 2: OTERO TOBY EDWARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Ouachita Parish School District
  • Census Tract: 010202

Geography

  • District: 2
  • Parcel: 68399
  • Block: 36
  • Lot: 36
  • Meridian: SEC 11 TWN 18 RNG 04
  • Municipality: WARD TWO
  • Latitude: 32.561
  • Longitude: -92.0234

    Address

  • Full Address: 119 Timberwood Dr
  • Legal Unit: 5
  • Address - House Number: 119
  • Address - Street Name: Timberwood
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Monroe
  • Carrier Code: C062
  • 4-Digit Zip Code: 2989
  • Zip Code: 71203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $887
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.4385
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 12
  • Final Value: 187,126
  • High Value: 269,198
  • Low Value: 105,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,980
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2022
  • First Open Lien Mortgage Loan Amount: $129,980
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $138,645
  • Market Land Value: $20,000
  • Market Improvement Value: $118,645

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,865
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $11,865

    Sales

  • Current Sale Contract Date: Nov 09, 2022
  • Current Sale Recording Date: Nov 15, 2022
  • Current Sale Transaction ID: 11898693130
  • Current Sale Price: $134,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1865505
  • Previous Sale Recording Date: Jul 02, 2015
  • Previous Sale Contract Date: Jul 02, 2015
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 15, 2022
  • First Mortgage Loan Amount: $129,980
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • Previous Mortgage Transaction Date: Jul 02, 2015
  • Previous Mortgage Loan Amount: $139,000
  • Previous Mortgage Term: 395
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 02, 2048

About Ouachita



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Frequently Asked Questions

What neighborhood is 119 Timberwood Drive located in?
The 119 Timberwood Drive is a located in the neighborhood of Ouachita in Ouachita, Monroe.
What is the average sales price for listings in 119 Timberwood Drive?
The average sales price for units in 119 Timberwood Drive is $0 currently.

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