$128,000
SOLD SEP 29, 2015
Last list price

426 Vieux Orleans Cir Lafayette, LA 70508

Pilette Neighborhood
2 Beds
1 Bath
900 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

11 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Ceramic Tile Flooring
  • Balcony
  • Walk-In Closet
  • Central Air

About This Home

As of November 2017

Excellent location. Rent rolls are $1950. per month. Always occupied. Positive cash flow! Appliances replaced within the three years. One new AC and three refurbished AC's. All units have been repainted in the last two years.

Last Agent to Sell the Property

Elaine Alderman

Keller Williams Realty Acadiana License #995684531 Listed on: 08/20/2015

Keller Williams Realty Acadiana

Last Buyer's Agent

Ted Bauer

Dwight W. Andrus Real Est, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,554

Year Built

  • 1982

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

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

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $500
  • Tenant pays for broadband/internet access, cable/sat TV, electricity
  • The owner pays for sewer, trash collection, water
  • Tax Lot 1

Community Details

Overview

  • 4 Units
  • Vieux Orleans Subdivision

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,000
  • Maintenance Expense $960
  • New Taxes Expense $1,614
  • Operating Expense $4,050
  • Gross Income $23,400
  • Net Operating Income $19,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,554

Year Built

1982

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Lot Size: SEE LEGAL
  • CapRate: 0.151171
  • Subdivision Name: Vieux Orleans
  • Directions: From Pinhook onto Verot School Road. Left on Pillette. Left onto Vieux Orleans. Property on corner of Pillette and Vieux Orleans
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 4(Flat)
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1982

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Refrigerator, Electric Cooktop
  • Other Equipment: Individual Meter
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Interior Amenities: Walk-In Closet(s), Ceiling Fan(s), Unit 1(Dining Room,Walk-in Closet), Unit 2(Dining Room,Walk-in Closet), Unit 3(Dining Room,Walk-in Closet), Unit 4(Dining Room,Walk-in Closet)
  • Living Area: 900
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Level
  • Construction Type: Frame, 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

  • Total Parking Spaces: 8

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 23400
  • Insurance Expense: 1000
  • Maintenance Expense: 960
  • Property Net Operating Income: 19350
  • Number Of Units Leased: 1
  • Annual Operating Expense: 4050
  • Total Actual Rent: 500

Tax Info

  • New Taxes Expense: 1614
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Blake Broussard Dustin
Bought by
Horton Jeremy Shawn
Total Days on Market
11
Current Estimated Value
$188,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2017
Closed on
Nov 2, 2017
Sold by
901 Canberra Llc
Bought by
Broussard Dustin Balke
Seller's Agent
Ted Bauer
Andrus Asset Management, LLC
Buyer's Agent
Setareh Mirian
Mirian Real Estate
List Price
$165,000
Sold Price
$152,500
Premium/Discount to List
-$12,500
-7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$149,737
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 20, 2015
Closed on
Sep 29, 2015
Sold by
Louvierre Sanders J
Bought by
901 Canberra Llc
Seller's Agent
Elaine Alderman
Keller Williams Realty Acadiana
Buyer's Agent
Ted Bauer
Dwight W. Andrus Real Est, LLC
List Price
$128,000
Sold Price
$128,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$50,000,000
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- Fidelity National Title
Cash Sale Deed $128,000 Tuten Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Closed $120,000 New Conventional
Previous Owner $149,737 FHA
Previous Owner $50,000,000 Future Advance Clause Open End Mortgage
Previous Owner $93,750 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2017 11/02/17 Sold -- -- --
09/27/2017 09/27/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $165,000 +28.9% $46 / Sq Ft
09/29/2015 09/29/15 Sold -- -- --
08/31/2015 08/31/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $128,000 -- $142 / 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 $1,554 $14,774 $1,750 $13,024
2023 $1,554 $12,820 $1,750 $11,070
2022 $1,341 $12,820 $1,750 $11,070
2021 $1,346 $12,820 $1,750 $11,070
2020 $1,341 $12,820 $1,750 $11,070
2019 $929 $15,026 $1,750 $13,276
2018 $1,217 $15,026 $1,750 $13,276
2017 $1,619 $15,880 $700 $15,180
2015 $1,596 $15,880 $700 $15,180
2013 -- $15,680 $500 $15,180
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Ted Bauer

    Andrus Asset Management, LLC

  • S

    Buyer's Agent in 2017

    Setareh Mirian

    Mirian Real Estate

  • E

    Seller's Agent in 2015

    Elaine Alderman

    Keller Williams Realty Acadiana

    (337) 417-0000

    6 Total Sales

    Elaine Alderman
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 15305053

REALTOR® Association of Acadiana

APN: 6048597

Louisiana Lafayette Parish Lafayette 70508 Pilette

426 Vieux Orleans Cir, Lafayette, LA

This home is located at 426 Vieux Orleans Cir, Lafayette, LA 70508 and is currently estimated at $128,000, approximately $142 per square foot. This property was built in 1982. 426 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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