NOT LISTED FOR SALE

400 Lamar St Lafayette, LA 70501

Freetown-Port Rico Neighborhood

Estimated Value: $157,000 - $216,000

6 Beds
5 Baths
2,729 Sq Ft
$68/Sq Ft Est. Value

Last Sold March 04, 2021

Current estimated payment $1,089/month

1 Day on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • 5 Car Attached Garage
  • Woodvale Elementary School Rated A-
  • Porch
  • Eat-In Kitchen

About This Home

As of March 2021

Wonderful Investment Properties near ULL and downtown. Three Properties sold as package: 400, 402 & 410 Lamar. 400 & 402 are detached single family homes on one lot. 400 Lamar is 2 bed, 1 bath and 402 Lamar is a 2 bed 2 bath home. 410 Lamar, duplex next door with 1 bed 1 bath units (Total asking price for 3 properties is $197,000) All three properties 100% occupied generating $2,600 monthly rental income on 1 year leases. 400 Lamar Recent Updates include, new windows, fresh paint inside and out, new kitchen countertops, new electric oven, VCT flooring (no carpet). 402 Lamar Recent updates include fresh paint on interior walls, trim and cabinets, new tub surrounds, new bath storage cabinets, VCT flooring (no carpet).

Last Agent to Sell the Property

C. Leigh Ann Meche

Choice Realty License #76801 Listed on: 02/05/2021

Last Buyer's Agent

C. Leigh Ann Meche

Choice Realty License #76801 Listed on: 02/05/2021

Property Details

Home Type

  • Multi-Family

Lot Details

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

Parking

  • 5 Car Attached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,729 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Dining Room
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Location

  • Property is near public transit

Schools

  • Woodvale Elementary School
  • L J Alleman Middle School
  • Lafayette High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,600
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, gas, sewer, trash collection, water
  • Tax Lot 332

Community Details

Overview

  • 4 Units
  • Mouton Addition Subdivision

Building Details

  • 4 Leased Units
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: (42 x 96.24 x 61.24) & (51 x 76.50 x 49.20 x 68.92)
  • Subdivision Name: Mouton Addition
  • Directions: South on University, Left on Lamar Street, House s on Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • List_136: 92.013265
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Gas Cooktop
  • Other Equipment: Individual Meter
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Unit 1(Dining Room), Unit 2(Eat-in Kitchen), Unit 3(Eat-in Kitchen), Unit 4(Eat-in Kitchen)
  • Living Area: 2729
  • Window Features: Storm Window(s), Window Treatments, Drapes/Curtains

Exterior Features

  • Fencing: Chain Link, Partial, Wood
  • Lot Features: Corner Lot, Level, Near Public Transit
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Lighting
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Patio, Porch, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: 51 - 75 Years
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 5

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
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s),Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric,Natural Gas, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Fiber Available
  • Water Source: Public

Schools

  • Elementary School: Woodvale
  • High School: Lafayette
  • Middle Or Junior School: L J Alleman

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31200
  • Number Of Units Leased: 4
  • Total Actual Rent: 2600

Tax Info

  • Tax Lot: 332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 4, 2021
Sold by
Plm Enterprises Llc
Bought by
Boudreaux Capital Llc
Seller's Agent
C. Leigh Ann Meche
Choice Realty
Buyer's Agent
C. Leigh Ann Meche
Choice Realty
List Price
$197,000
Current Estimated Value
$185,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.79%
Original Mortgage
$176,792
Outstanding Balance
$158,481
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$26,956

Purchase Details

Closed on
Dec 22, 2006
Sold by
Landry & Landry Properities Llc
Bought by
Weerasekera Gamini
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boudreaux Capital Llc $193,000 None Available
Weerasekera Gamini $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boudreaux Capital Llc $176,792
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold -- -- --
02/06/2021 02/06/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $197,000 -- $72 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $1,489 $9,354 $1,375 $7,979
2023 $1,489 $8,628 $1,375 $7,253
2022 $903 $8,628 $1,375 $7,253
2021 $906 $8,628 $1,375 $7,253
2020 $903 $8,628 $1,375 $7,253
2019 $711 $8,628 $1,375 $7,253
2018 $881 $8,628 $1,375 $7,253
2017 $665 $6,525 $1,375 $5,150
2015 $664 $6,525 $1,375 $5,150
2013 -- $6,525 $1,375 $5,150
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    C. Leigh Ann Meche

    Choice Realty

    (337) 258-0235

    3 in this area

    63 Total Sales

    C. Leigh Ann Meche
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 21001153

REALTOR® Association of Acadiana

APN: 6018374

Louisiana Lafayette Parish Lafayette 70501 Freetown-Port Rico

400 Lamar St, Lafayette, LA

Not Listed for Sale

MultiFamily

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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