NOT LISTED FOR SALE

1602 N University Ave Lafayette, LA 70506

Mills North Neighborhood

Estimated Value: $1,437,455

-- Bed
-- Bath
5,100 Sq Ft
$282/Sq Ft Est. Value

About This Home

This home is located at 1602 N University Ave, Lafayette, LA 70506 and is currently estimated at $1,437,455, approximately $281 per square foot. 1602 N University Ave is a home located in Lafayette Parish with nearby schools including Alice Boucher Elementary School, Lafayette Middle School, and Lafayette High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Kasturi Childrens Trust and Gauthier Stanford B
Bought by
Rajane Llc
Current Estimated Value
$1,437,455

Purchase Details

Closed on
Nov 1, 2021
Sold by
Global Vision Realty Llc
Bought by
Kasturi Childrens Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,800
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Louisiana Tax Inc
Bought by
Global Vision Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2012
Sold by
Simmons Hebert Katrina
Bought by
Global Vision Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Rajane Llc -- None Listed On Document
Kasturi Childrens Trust $1,375,000 First American Title
Global Vision Realty Llc -- None Available
Global Vision Realty Llc $332,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kasturi Childrens Trust $2,325,800
Previous Owner Global Vision Realty Llc $250,000
Source: Public Records

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 $6,168 $58,627 $9,382 $49,245
2023 $6,168 $48,778 $9,382 $39,396
2022 $5,104 $48,778 $9,382 $39,396
2021 $5,121 $48,778 $9,382 $39,396
2020 $5,104 $48,778 $9,382 $39,396
2019 $3,556 $43,150 $9,382 $33,768
2018 $4,403 $43,150 $9,382 $33,768
2017 $4,398 $43,150 $9,382 $33,768
2015 $4,161 $43,150 $9,382 $33,768
2013 -- $40,878 $7,110 $33,768
Source: Public Records

Map

Louisiana Lafayette Parish Lafayette 70501 Mills North

1602 N University Ave, Lafayette, LA

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