NOT LISTED FOR SALE

406 Silkwood St Lafayette, LA 70506

West End Neighborhood

Estimated Value: $212,000 - $342,000

8 Beds
4 Baths
4,780 Sq Ft
$57/Sq Ft Est. Value

Last Sold April 18, 2016

Current estimated payment $1,733/month

5 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Central Air
  • Lafayette High School Rated A-
  • Corner Lot
  • Multiple Heating Units

About This Home

As of April 2016

2 properties are included in this listing. 406 Silkwood (4 plex) and 1901-1903 W. University (Duplex). Both are located on same lot and must be sold together. 100% occupied income monthly W. University $450/unit. 406 Silkwood - 3 units rent for $450, 1 unit rents for $350 (long time tenant). Total sqft of 406 Silkwood: 3000. Total sqft of 1901-1903 W University: 1780.

Last Agent to Sell the Property

Judy Young

Compass License #506 Listed on: 03/22/2016

Compass

Last Buyer's Agent

Philip Devey

Coldwell Banker Pelican R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,535

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Property fronts an easement
  • Corner Lot
  • Wooded Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,780 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Myrtle Place Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $1,700
  • Tenant pays for cable/sat TV, electricity, gas, sewer, trash collection, water
  • Tax Lot 15, 16, & 17 BLK 14

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • West End Hgts Subdivision

Building Details

  • 4 Leased Units
  • New Taxes Expense $1,358
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,535

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Lot Size: 75 x 125
  • Subdivision Name: West End Hgts
  • Directions: University towards Cameron St. Take LT on Silkwood across from Julien's Poorboys. 2 properties included: 406 Silkwood & 1901-1903 W. University.
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Number Of Buildings: 2
  • Appliances: Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Vinyl, Wood
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Easements, Wooded
  • Construction Type: Frame, Brick Veneer, Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 41 - 50 Years
  • Roof: Composition

Garage/Parking

  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

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

Schools

  • Elementary School: Myrtle Place
  • High School: Lafayette
  • Middle Or Junior School: Lafayette

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 31200
  • Number Of Units Leased: 4
  • Total Actual Rent: 1700

Tax Info

  • New Taxes Expense: 1358
  • Tax Lot: 15, 16, & 17 BLK 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
Apr 18, 2016
Sold by
Alachua Development Corporation
Bought by
Laurentian Investments Llc
Seller's Agent
Judy Young
Compass
Buyer's Agent
Philip Devey
Coldwell Banker Pelican R.E.
List Price
$224,900
Current Estimated Value
$275,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Source: Public Records

Range of Values:

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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
Laurentian Investments Llc $231,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold -- -- --
03/28/2016 03/28/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $224,900 -- $47 / 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 $2,535 $24,095 $3,444 $20,651
2023 $2,535 $23,112 $3,444 $19,668
2022 $2,418 $23,112 $3,444 $19,668
2021 $2,426 $23,112 $3,444 $19,668
2020 $2,418 $23,112 $3,444 $19,668
2019 $1,733 $21,027 $3,444 $17,583
2018 $2,146 $21,027 $3,444 $17,583
2017 $2,143 $21,027 $3,444 $17,583
2015 $1,358 $13,339 $2,100 $11,239
2013 -- $13,340 $2,100 $11,240
Source: Public Records

Agents Affiliated with this Home

  • Judy Young

    Seller's Agent in 2016

    Judy Young

    Compass

    (337) 298-8904

    17 Total Sales

    Section Image

  • P

    Buyer's Agent in 2016

    Philip Devey

    Coldwell Banker Pelican R.E.

  • Phil Devey

    Buyer's Agent in 2016

    Phil Devey

    Frontline Real Estate Group

    (337) 258-3382

    14 Total Sales

    Section Image
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 16002808

REALTOR® Association of Acadiana

APN: 6037156

Louisiana Lafayette Parish Lafayette 70501 West End

406 Silkwood St, Lafayette, LA

This home is located at 406 Silkwood St, Lafayette, LA 70506 since 22 March 2016 and is currently estimated at $272,764, approximately $57 per square foot. 406 Silkwood St is a home located in Lafayette Parish with nearby schools including S.J. Montgomery Elementary School, Lafayette Middle School, and Lafayette 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.

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