NOT LISTED FOR SALE

403 Vieux Orleans Cir Lafayette, LA 70508

Pilette Neighborhood

Estimated Value: $183,000 - $226,000

8 Beds
4 Baths
3,298 Sq Ft
$60/Sq Ft Est. Value

Last Sold May 31, 2022

Current estimated payment $1,146/month

About This Home

As of May 2022

INVESTORS LOOK HERE! FULLY OCCUPIED MULTI FAMILY UNITS; 2B D 1BA/ CENTRAL AIR & HEAT; WASHER/DRYER HOOKUP FOR EACH UNIT; CONVENIETLY LOCATED OFF OF VEROT SCHOOL ROAD, VERY EASY ACCESS TO PINHOOK, HIGHWAY 90.

Last Agent to Sell the Property

Bevely Thomson

Real Estate de Louisiane License #73179 Listed on: 04/10/2022

Last Buyer's Agent

Brittany Bouillion

Century 21 Action Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,524

Lot Details

  • Lot Dimensions are 74.57 x 91.87 x 74.66 x 95.87

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 3,298 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Schools

  • Drexel Elementary School
  • Broussard Middle School
  • Comeaux High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Total Actual Rent $2,475
  • Tax Lot 16

Community Details

Overview

  • 4 Units
  • Vieux Orleans Subdivision

Building Details

  • 4 Leased Units
  • Insurance Expense $3,000
  • New Taxes Expense $1,500
  • Gross Income $29,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,524

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: VEROT SCHOOL ROAD; LEFT ONTO PILLETTE, RIGHT ON VIEUX ORLEANS
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3298
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick, Metal Siding, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: 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
  • Water Source: Public

Schools

  • Elementary School: Drexel
  • High School: Comeaux
  • Middle Or Junior School: Broussard

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29700
  • Insurance Expense: 3000
  • Number Of Units Leased: 4
  • Total Actual Rent: 2475

Tax Info

  • New Taxes Expense: 1500
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2022
Closed on
May 31, 2022
Sold by
Atkinson Properties Llc
Bought by
Ethridge Investments Llc
Seller's Agent
Bevely Thomson
Real Estate de Louisiane
Buyer's Agent
Brittany Bouillion
Century 21 Action Realty
List Price
$189,900
Current Estimated Value
$184,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.47%
Original Mortgage
$148,000
Outstanding Balance
$141,629
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$29,200

Purchase Details

Closed on
Sep 27, 2017
Sold by
Boulton Susan Elaine
Bought by
Desormeaux Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Range of Values:

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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
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
05/31/2022 05/31/22 Sold -- -- --
04/11/2022 04/11/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $189,900 -- $58 / 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: 22003220

REALTOR® Association of Acadiana

APN: 6043289