NOT LISTED FOR SALE

3325 N University Ave Lafayette, LA 70507

North Lafayette Parish Neighborhood

Estimated Value: $171,268 - $296,000

-- Bed
-- Bath
4,568 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 13, 2013

Current estimated payment $1,406/month

340 Days on Market

Highlights

  • 1.76 Acre Lot
  • Partially Fenced Property
  • Wood Siding
  • Cooling Available
  • Level Lot
  • Heating Available

About This Home

As of December 2013

Investor's Special! 4 mobile homes, and 3 houses on nearly 2 acres. One home is currently occupied and one needs renovation due to a kitchen fire. According to the City of Carencro no more mobile homes can be added to the property but if someone wanted to replace the mobile homes with newer units they would be ''grandfathered in''. The frontage on University would be perfect for a commercial business - lots of possibilities! Make this investment yours today!

Last Agent to Sell the Property

Lucius Hornsby

Keller Williams Realty Acadiana License #69258 Listed on: 10/31/2012

Keller Williams Realty Acadiana

Last Buyer's Agent

Lonnie Trimble

EXP Realty, LLC License #0995684940

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,255

Lot Details

  • 1.76 Acre Lot
  • Lot Dimensions are 149.99 x 552.98
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Home Design

  • Mobile Home Park
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Vinyl Siding
  • Siding

Interior Spaces

  • 4,568 Sq Ft Home
  • 1-Story Property

Parking

  • 20 Parking Spaces
  • Carport

Schools

  • Carencro Heights Elementary School
  • Carencro Middle School
  • Carencro High School

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • Tax Lot 4A & 4B

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • Gross Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,255

Lot Details

0

Listing Details

  • Property Sub Type: Mobile Home Park
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.76
  • Lot Size: 149.99 x 552.98
  • Subdivision Name: None
  • Directions: North on University property on left just past Carencro city limits and before Gloria Switch
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Number Of Buildings: 7
  • Appliances: Other

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Level
  • Construction Type: Frame, Metal Siding, Other Siding, Vinyl Siding, Wood Siding
  • Foundation Details: Block
  • Property Condition: 21 - 30 Years
  • Roof: Composition, Metal

Garage/Parking

  • Parking Features: Covered, Varies by Unit
  • Total Parking Spaces: 20

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Carencro Heights
  • High School: Carencro
  • Middle Or Junior School: Carencro

Lot Info

  • Lot Size Sq Ft: 76665.6
  • Zoning: NONE
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 7200

Tax Info

  • Tax Lot: 4A & 4B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2012
Closed on
Dec 13, 2013
Sold by
Farmers Merchants Bank And Trust Co
Bought by
Jones Marty F and Jones Jennifer D
Seller's Agent
Lucius Hornsby
Keller Williams Realty Acadiana
Buyer's Agent
Lonnie Trimble
EXP Realty, LLC
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Current Estimated Value
$233,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,567
Avg. Annual Appreciation
1.78%
Original Mortgage
$50,000,000
Outstanding Balance
$37,833,185
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$37,587,979

Purchase Details

Closed on
Mar 9, 2009
Sold by
Melancon Effie Marie Barthe
Bought by
Abs Development Co Llc
Source: Public Records

Similar Home in Lafayette, LA

  • 215 Lodge Dr, Lafayette, LA 70506

    $264,999

    • 2 Beds
    • 1 Bath
    • 3,900 Sq Ft
    • 215 Lodge Dr
    • Lafayette, LA

    Secure Your Investment in Lafayette's Growing Rental Market! This well-maintained fourplex on Lodge Drive in Lafayette offers a fantastic opportunity to generate immediate rental income and build long-term wealth.Featuring four spacious 2-bedroom, 1-bathroom units, this property caters to a wide range of tenants. Each unit boasts a full kitchen, separate living area, and private entrance,

    Nick Hundley EXP Realty, LLC

    Section Image
See All Homes in Lafayette

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jones Marty F $200,000 None Available
Abs Development Co Llc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Jones Properties Llc $127,375
Open Jones Marty F $50,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold -- -- --
10/07/2013 10/07/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $275,000 -- $60 / 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 $1,255 $13,744 $5,000 $8,744
2023 $1,255 $13,744 $5,000 $8,744
2022 $1,252 $13,744 $5,000 $8,744
2021 $1,257 $13,744 $5,000 $8,744
2020 $1,256 $13,744 $5,000 $8,744
2019 $1,340 $15,394 $5,000 $10,394
2018 $1,368 $15,394 $5,000 $10,394
2017 $1,366 $15,394 $5,000 $10,394
2015 $631 $7,130 $1,810 $5,320
2013 -- $7,130 $1,810 $5,320
Source: Public Records

Agents Affiliated with this Home

  • Lucius Hornsby

    Seller's Agent in 2013

    Lucius Hornsby

    Keller Williams Realty Acadiana

    (337) 735-9336

    8 in this area

    140 Total Sales

    Lucius Hornsby
    Section Image
  • Lonnie Trimble

    Buyer's Agent in 2013

    Lonnie Trimble

    EXP Realty, LLC

    (337) 277-5185

    3 in this area

    134 Total Sales

    Lonnie Trimble
    Section Image
See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 12239660

REALTOR® Association of Acadiana

APN: 6051358

Louisiana Lafayette Parish Lafayette 70507 North Lafayette Parish

3325 N University Ave, Lafayette, LA

This home is located at 3325 N University Ave, Lafayette, LA 70507 since 31 October 2012 and is currently estimated at $233,567, approximately $51 per square foot. 3325 N University Ave 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.

Nearby Homes