NOT LISTED FOR SALE

307 Vieux Orleans Cir Lafayette, LA 70508

Pilette Neighborhood

Estimated Value: $189,000 - $217,691

2 Beds
1 Bath
3,782 Sq Ft
$55/Sq Ft Est. Value

Last Sold January 20, 2016

Current estimated payment $1,298/month

7 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Level Lot
  • Central Heating and Cooling System

About This Home

As of January 2016

This home is located at 307 Vieux Orleans Cir, Lafayette, LA 70508 since 05 November 2015 and is currently estimated at $207,923, approximately $54 per square foot. This property was built in 1984. 307 Vieux Orleans Cir is a home located in Lafayette Parish with nearby schools including Katharine Drexel Elementary School, Broussard Middle School, and O. Comeaux High School.

Last Agent to Sell the Property

Lawayne Sieferman

Spectrum Real Estate License #10270 Listed on: 11/05/2015

Last Buyer's Agent

Adam Angers

Spectrum Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,571

Year Built

  • 1984

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,782 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Ernest Gallet Elementary School
  • Broussard Middle School
  • Comeaux High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $600
  • Tenant pays for electricity
  • The owner pays for sewer, trash collection, water
  • Tax Lot 34

Community Details

Overview

  • 4 Units
  • Vieux Orleans Subdivision

Building Details

  • 1 Leased Unit
  • Insurance Expense $2,400
  • Maintenance Expense $1,200
  • New Taxes Expense $1,600
  • Operating Expense $7,900
  • Gross Income $27,600
  • Net Operating Income $19,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,571

Year Built

1984

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Lot Size: 100 x 100
  • CapRate: 0.127096
  • Subdivision Name: Vieux Orleans
  • Directions: From Verot School Rd. south on Pillette Rd. Second Right on Vieux Orleans Cr. Third Fourplex on the Right
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1984

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Cooktop
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Concrete, Vinyl, Tile, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Brick Veneer
  • Foundation Details: Slab
  • Property Condition: 21 - 30 Years
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Electric Dryer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Ernest Gallet
  • High School: Comeaux
  • Middle Or Junior School: Broussard

Lot Info

  • Lot Size Sq Ft: 10000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27600
  • Insurance Expense: 2400
  • Maintenance Expense: 1200
  • Property Net Operating Income: 19700
  • Number Of Units Leased: 1
  • Annual Operating Expense: 7900
  • Total Actual Rent: 600

Tax Info

  • New Taxes Expense: 1600
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2015
Closed on
Jan 20, 2016
Sold by
Winbourne Ventures L L C
Bought by
Roth Louis B and Roth Benjamin D
Seller's Agent
Lawayne Sieferman
Spectrum Real Estate
Buyer's Agent
Adam Angers
Spectrum Real Estate
List Price
$155,000
Sold Price
$155,000
Total Days on Market
7
Current Estimated Value
$207,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,923
Avg. Annual Appreciation
2.79%
Original Mortgage
$116,250
Outstanding Balance
$93,980
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$106,691

Purchase Details

Closed on
Jun 8, 2005
Sold by
Hernadez Glenn Michael
Bought by
Winbourne Venture Llc
Source: Public Records

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Range of Values:

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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
Roth Louis B $155,000 None Available
Winbourne Venture Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Louis B $116,250
Previous Owner Winbourne Venture Llc $140,115
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2016 01/20/16 Sold -- -- --
11/13/2015 11/13/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $155,000 -- $41 / 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 $1,571 $14,934 $1,390 $13,544
2023 $1,571 $14,289 $1,390 $12,899
2022 $1,495 $14,289 $1,390 $12,899
2021 $1,500 $14,289 $1,390 $12,899
2020 $1,495 $14,289 $1,390 $12,899
2019 $1,292 $15,680 $1,390 $14,290
2018 $1,600 $15,680 $1,390 $14,290
2017 $1,598 $15,680 $500 $15,180
2015 $1,596 $15,680 $500 $15,180
2013 -- $15,680 $500 $15,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 15306170

REALTOR® Association of Acadiana

APN: 6042032