NOT LISTED FOR SALE

403 Vieux Orleans Cir Unit C Lafayette, LA 70508

Pilette Neighborhood

Estimated Value: $164,000 - $189,000

8 Beds
4 Baths
3,240 Sq Ft
$54/Sq Ft Est. Value

Last Sold September 29, 2017

Current estimated payment $1,049/month

23 Days on Market

About This Home

As of September 2017

Great Investment Property! Must be Pre Approved to View. Do not disturb Tenants. Owner pays water and for the grass cut. Owner is also selling 403, 314 Vieux Orleans, 414 Cane Drive and 2711 E Simcoe Unit 8. Call Listing Agent for showing instructions.

Last Agent to Sell the Property

Adam Broussard

JL Real Estate, LLC Listed on: 07/11/2017

Last Buyer's Agent

Darin Desormeaux

Your Southern Real Estate Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,524

Year Built

  • 1860

Lot Details

  • Lot Dimensions are 74.57 x 91.87 x 74.66 x 95.87

Parking

  • 8 Parking Spaces

Home Design

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

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

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 $2,200
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, sewer, trash collection, water
  • Tax Lot 16

Community Details

Overview

  • 4 Units
  • Vieux Orleans Subdivision

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • Gross Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,524

Year Built

1860

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 74.57 x 91.87 x 74.66 x 95.87
  • Subdivision Name: Vieux Orleans
  • Directions: Pinhook right on Verot School left on Pillette left on Vieux Orleans
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1860

Interior Features

  • Appliances: Dishwasher, Refrigerator, Electric Cooktop
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • 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, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected
  • Water Source: Public

Schools

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

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1
  • Total Actual Rent: 2200

Tax Info

  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Atkinson Properties Llc
Bought by
Ethridge Investments Llc
Total Days on Market
23
Current Estimated Value
$173,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$141,629
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$32,101

Purchase Details

Listed on
Jul 11, 2017
Closed on
Sep 27, 2017
Sold by
Boulton Susan Elaine
Bought by
Desormeaux Investments Llc
Seller's Agent
Adam Broussard
JL Real Estate, LLC
Buyer's Agent
Darin Desormeaux
Your Southern Real Estate Co.
List Price
$155,000
Sold Price
$148,000
Premium/Discount to List
-$7,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$143,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Mark Gallagher Properties Llc
Bought by
Boulton Susan Elaine
Source: Public Records

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    Rental investment bringing in $2,880 per month in monthly revenue. Single family home and 4-plex. 202 Carmel - 3 Bedroom 1 Bath home - Rented for $795 per month, 414 Verdun A - 2 Bedroom 1 Bath - $550 per month, B - 1 Bedroom 1 Bath - $525, C - 1 Bedroom 1 Bath - $535, D - Studio Apartment - $475.

    Jamie Knight Real Broker, LLC

    Section Image

Range of Values:

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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
Ethridge Investments Llc $185,000 Standard Title
Desormeaux Investments Llc $148,000 --
Boulton Susan Elaine $149,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ethridge Investments Llc $148,000
Previous Owner Atkinson Properties Llc $143,500
Previous Owner Desormeaux Investments Llc $143,000
Previous Owner Boulton Susan Elaine $110,799
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold -- -- --
08/04/2017 08/04/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $155,000 -- $48 / 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 $1,524 $14,488 $1,400 $13,088
2023 $1,524 $12,524 $1,400 $11,124
2022 $1,310 $12,524 $1,400 $11,124
2021 $1,315 $12,524 $1,400 $11,124
2020 $1,310 $12,524 $1,400 $11,124
2019 $1,292 $15,680 $1,400 $14,280
2018 $1,600 $15,680 $1,400 $14,280
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: 17006949

REALTOR® Association of Acadiana

APN: 6043289