NOT LISTED FOR SALE

415 Vieux Orleans Cir Lafayette, LA 70508

Pilette Neighborhood

Estimated Value: $170,000 - $212,000

8 Beds
8 Baths
3,952 Sq Ft
$48/Sq Ft Est. Value

Last Sold March 08, 2022

Current estimated payment $1,149/month

8 Days on Market

Highlights

  • Balcony
  • Central Heating and Cooling System
  • Wood Siding
  • Porch
  • Ceiling Fan

About This Home

As of March 2022

Calling all investors !!!!! Investment Opportunity!! Fourplex in convenient location off of Verot School Road. Each unit has 2 bedrooms and 1 bath. All units are currently occupied. Fourplex has new roof, owner put 2 new water heaters in two of the units and 1 new AC, the other 3 are 3 years old, everything is working fine!!!! All appliances have been changed so all of them are new as well as toilets, also he just fixed the vents and other electrical things. This fourplex is in great conditions, make it your first investment property !!!!

Last Agent to Sell the Property

Blake Weaver

EXP Realty, LLC Listed on: 12/01/2021

Last Buyer's Agent

Jeannie DelGreco

Keller Williams Realty Acadiana License #0995686432

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,723

Year Built

  • 1990

Lot Details

  • Lot Dimensions are 74.97 x 95.87 x 74.66 x 91.87

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,952 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 8 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Schools

  • R. Baranco/Moss Elementary School
  • Broussard Middle School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,400
  • Tenant pays for broadband/internet access, cable/sat TV, electricity
  • The owner pays for sewer, trash collection, water
  • Tax Lot 22

Community Details

Overview

  • 4 Units
  • Vieux Orleans Subdivision

Building Details

  • 4 Leased Units
  • Gross Income $28,800
  • Net Operating Income $25,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,723

Year Built

1990

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 74.97 x 95.87 x 74.66 x 91.87
  • CapRate: 0.147209
  • Subdivision Name: Vieux Orleans
  • Directions: From Camellia, LEFT onto Verot School, RIGHT onto Pillette, LEFT onto Vieux Orleans, BLDG on RIGHT
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Unit 1(Other), Unit 2(Other), Unit 3(Other), Unit 4(Other)
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Year Built (Public Record): 1990

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Other
  • Interior Amenities: Ceiling Fan(s), Unit 1(Master Bedroom,Walk-in Closet), Unit 2(Master Bedroom,Walk-in Closet), Unit 3(Master Bedroom,Walk-in Closet), Unit 4(Master Bedroom,Walk-in Closet)
  • Living Area: 3952
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick, Brick Veneer, Wood Siding
  • Exterior Features: Balcony, Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: 21 - 30 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 8

Utilities

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

Schools

  • Elementary School: R. Baranco/Moss
  • High School: Southside
  • Middle Or Junior School: Broussard

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28800
  • Property Net Operating Income: 25320
  • Number Of Units Leased: 4
  • Total Actual Rent: 2400

Tax Info

  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Mar 8, 2022
Sold by
Boudreauxs Vermilion Rentals Llc
Bought by
Kennedy Stephen M
Seller's Agent
Blake Weaver
EXP Realty, LLC
Buyer's Agent
Jeannie DelGreco
Keller Williams Realty Acadiana
List Price
$199,000
Sold Price
$172,000
Premium/Discount to List
-$27,000
-13.57%
Total Days on Market
8
Current Estimated Value
$189,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,373
Avg. Annual Appreciation
3.02%
Original Mortgage
$164,835
Outstanding Balance
$155,105
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$34,268

Purchase Details

Closed on
Mar 4, 2021
Sold by
Clark Patrick Higgins and Clark Patrick Higgins
Bought by
Boudreaux S Vermilion Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,200
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2019
Sold by
Msd Realty Llc
Bought by
Higgins Clark Ii Patrick and Mccready Clark Amie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2014
Sold by
Dlaj Llc
Bought by
Msd Realty Llc

Purchase Details

Closed on
Nov 3, 2010
Sold by
Dalt Inc
Bought by
Dlaj Llc
Source: Public Records

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Range of Values:

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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
Kennedy Stephen M -- None Listed On Document
Boudreaux S Vermilion Rentals Llc $162,000 Md Title Llc
Higgins Clark Ii Patrick $145,000 None Available
Msd Realty Llc $360,000 None Available
Dlaj Llc $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Stephen M $164,835
Previous Owner Boudreaux S Vermilion Rentals Llc $157,200
Previous Owner Higgins Clark Ii Patrick $108,750
Previous Owner Msd Realty Llc $133,935
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold -- -- --
12/10/2021 12/10/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $199,000 -- $50 / 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 $1,723 $16,379 $1,400 $14,979
2023 $1,723 $15,074 $1,400 $13,674
2022 $1,577 $15,074 $1,400 $13,674
2021 $1,583 $15,074 $1,400 $13,674
2020 $1,577 $15,074 $1,400 $13,674
2019 $1,367 $16,588 $1,400 $15,188
2018 $1,693 $16,588 $1,400 $15,188
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

  • B

    Seller's Agent in 2022

    Blake Weaver

    EXP Realty, LLC

  • J

    Buyer's Agent in 2022

    Jeannie DelGreco

    Keller Williams Realty Acadiana

    (337) 356-6303

    9 in this area

    114 Total Sales

    Jeannie DelGreco
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 21010927

REALTOR® Association of Acadiana

APN: 6072991

Louisiana Lafayette Parish Lafayette 70508 Pilette

415 Vieux Orleans Cir, Lafayette, LA

This home is located at 415 Vieux Orleans Cir, Lafayette, LA 70508 since 01 December 2021 and is currently estimated at $189,373, approximately $47 per square foot. This property was built in 1990. 415 Vieux Orleans Cir is a home located in Lafayette Parish with nearby schools including Katharine Drexel Elementary School, Broussard Middle School, and O. Comeaux 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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