NOT LISTED FOR SALE

112 Festival Ln Lafayette, LA 70507

North Lafayette Parish Neighborhood

Estimated Value: $212,000 - $241,000

3 Beds
2 Baths
1,609 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 30, 2023

Current estimated payment $1,335/month

59 Days on Market

Highlights

  • Traditional Architecture
  • High Ceiling
  • Attached Garage
  • Corner Lot
  • Covered Patio or Porch
  • Crown Molding

About This Home

As of October 2023

Originally constructed by Lagneaux's Construction in 2005 with much attention to detail, this home exudes a quality that is rarely found at this price point. Situated on a corner lot in an established neighborhood, this 3 bedroom 2 bath home features a split floor plan. In the living room, you'll see crown molding, a cozy fireplace, and lots of natural lighting. The primary bedroom was also given some special attention - more crown molding, spacious attached bathroom and lots of closet space. You'll appreciate the soaring ceiling heights, solid wood cabinetry, and newly installed laminate flooring. Schedule your showing today!The seller now offering to contribute up to 2% toward a 2-1 MORTGAGE RATE BUYDOWN with rates as low as 5%.

Last Agent to Sell the Property

Emily Nealy

EXP Realty, LLC License #0995687861 Listed on: 08/02/2023

EXP Realty, LLC

Last Buyer's Agent

Richie Deshotel

Thibodeaux Reed Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,268

Year Built

  • Built in 2006

Lot Details

  • Partially Fenced Property
  • Wood Fence
  • Corner Lot
  • Level Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Siding

Interior Spaces

  • 1,609 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Washer and Electric Dryer Hookup

Kitchen

  • Stove
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Live Oak Elementary School
  • Carencro Middle School
  • Carencro High School

Utilities

  • Central Heating and Cooling System
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Fairground Place Subdivision

Listing and Financial Details

  • Tax Lot 39

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,268

Year Built

Built in 2006

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Horses: No
  • Lot Size: irregular
  • Road Frontage Type: Paved
  • Subdivision Name: Fairground Place
  • Directions: NORTH ON UNIVERSITY, TAKE A RIGHT AT GLORIA SWITCH. LEFT ON WALTER THEN RIGHT ON SUMMERFEST DR. LEFT ON FESTIVAL. HOME ON CORNER
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2006
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Electric Stove Con
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: High Ceilings, Crown Molding, Varied Ceiling Heights, Walk-In Closet(s), Tile Counters
  • Living Area: 1609
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: 0 to 0.5 Acres, Corner Lot, Level
  • Pool Private: No
  • Home Warranty: No
  • Construction Type: Brick Veneer, Other Siding, Vinyl Siding, Frame
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Property Condition: 16 - 20 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Elec: SLEMCO
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Fiber Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Live Oak
  • High School: Carencro
  • Middle Or Junior School: Carencro

Lot Info

  • Zoning: RES

Tax Info

  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 30, 2023
Sold by
Bates Choice Llc
Bought by
Vede Kolby Justin
Seller's Agent
Emily Nealy
EXP Realty, LLC
Buyer's Agent
Richie Deshotel
Thibodeaux Reed Realty, LLC
List Price
$219,900
Views
251
Current Estimated Value
$229,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$198,412
Outstanding Balance
$195,618
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
$28,714

Purchase Details

Closed on
Jun 23, 2023
Sold by
Mauve Paramount Investments Llc
Bought by
Bates Choice Llc

Purchase Details

Closed on
Mar 6, 2006
Sold by
Lagneauxs Construction Inc
Bought by
Williams Blackstone Georgia
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
Vede Kolby Justin $220,000 None Listed On Document
Bates Choice Llc $158,000 None Listed On Document
Mauve Paramount Investments Llc $141,000 None Listed On Document
Williams Blackstone Georgia $162,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vede Kolby Justin $198,412
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold -- -- --
10/01/2023 10/01/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $218,900 -0.5% $136 / Sq Ft
08/02/2023 08/02/23 For Sale $219,900 -- $137 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $1,268 $20,999 $2,231 $18,768
2023 $1,268 $16,789 $2,231 $14,558
2022 $1,530 $16,789 $2,231 $14,558
2021 $1,536 $16,790 $2,400 $14,390
2020 $1,534 $16,790 $2,400 $14,390
2019 $1,384 $16,790 $2,400 $14,390
2018 $1,492 $16,790 $2,400 $14,390
2017 $1,490 $16,790 $2,400 $14,390
2015 $1,485 $16,790 $2,400 $14,390
2013 -- $16,790 $2,400 $14,390
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Emily Nealy

    EXP Realty, LLC

    (337) 579-3418

    10 in this area

    72 Total Sales

    Emily Nealy
    Section Image

  • R

    Buyer's Agent in 2023

    Richie Deshotel

    Thibodeaux Reed Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 23006972

REALTOR® Association of Acadiana

APN: 6124026

Louisiana Lafayette Parish Lafayette 70507 North Lafayette Parish

112 Festival Ln, Lafayette, LA

This home is located at 112 Festival Ln, Lafayette, LA 70507 since 02 August 2023 and is currently estimated at $229,982, approximately $142 per square foot. This property was built in 2006. 112 Festival Ln is a home located in Lafayette Parish with nearby schools including Live Oak Elementary School, Carencro Middle School, and Carencro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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