NOT LISTED FOR SALE

502 Faircloth St Colfax, LA 71417

Estimated Value: $56,000 - $542,000

3 Beds
2 Baths
2,180 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 13, 2024

Current estimated payment $1,382/month

95 Days on Market

Highlights

  • Cottage
  • Porch
  • Shed
  • 2 Car Detached Garage
  • Stamped Concrete Patio
  • Central Heating and Cooling System

About This Home

As of August 2024

Back on market due to buyer financing and is ready for immediate showings!
Character abounds in this cute cottage situated on a .75 acre corner shady lot in Colfax! With plenty of space for everyone, the first level of this home features double living areas, formal dining, 3 spacious bedrooms with nice closets, 2 full baths, open kitchen/breakfast area with walk-in pantry, and laundry room and lots of storage spaces. Upstairs is a one large open space with 4 PLENTIFUL storage closets making it an ideal room for media, gaming, home office, study room, or for all the toys. Outdoors find a large concrete patio, double carport with attached storage, double driveway if extra parking space is needed, and a vinyl fence on one side provides privacy from the street. This home is situated on a large corner lot in a quiet area in Colfax within easy walking distance to US Post Office, a bank, dollar store, hardware, as well as local elementary school and churches, and just 2 blocks from the LA Pecan Festival, providing easy access to all the basics.

Last Agent to Sell the Property

Alicia Sweat

ZB Realty LLC License #GCLRA:995693695 Listed on: 03/25/2024

Last Buyer's Agent

Jimontanae McBride

Rax Realty, LLC License #GCLRA:995708130

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,221

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 178 x 178
  • Partially Fenced Property
  • Vinyl Fence
  • Property is in average condition

Home Design

  • Cottage
  • Raised Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Carport

Outdoor Features

  • Stamped Concrete Patio
  • Shed
  • Porch

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Propane
  • Internet Available

Community Details

  • Colfax Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,221

Lot Details

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family - Detached
  • Style: Cottage
  • Condition: Avg
  • Assessor Parcel Number: No
  • ADA Features: No
  • Additional Features: Ceiling Fan, Pantry
  • Legal Description: LOT 1, BLK 49 OF COLFAX.
  • Lp Amt Sq Ft: 66.51
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Total Area: 2227
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Room Count: 7
  • Estimated Living Area: 2180
  • Total Bathrooms: 2.00
  • Total Sq Ft: 2180

Exterior Features

  • Pool Type: None
  • Exterior: Vinyl Siding
  • ExteriorFeatures: Fence, Porch
  • Foundation: Raised
  • Outbuilding: Shed
  • Patio: Concrete, Yes
  • Rear Yard Vehicle Access: Yes
  • Roof Type: Shingle
  • Spa Location: None
  • Fencing: Partial, Vinyl

Garage/Parking

  • Car Storage: Two, Carport, Detached
  • Internet: Yes

Utilities

  • Air Conditioner: One, Central
  • Electricity Provided By: Cleco
  • Gas Type: Propane
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Condo/Co-op/Association

  • Home Owner Fee: No

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.7500
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 178 x 178

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2011
Sold by
Despino Randall Holden and Despino Julianne Lutes
Bought by
Webb James Bennett and Webb Santana Nicole Lester
Current Estimated Value
$224,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,670
Outstanding Balance
$93,351
Interest Rate
4.91%
Estimated Equity
$131,286
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
Webb James Bennett $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb James Bennett $133,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold -- -- --
03/25/2024 03/25/24 For Sale $145,000 +16.0% $67 / Sq Ft
05/31/2016 05/31/16 Sold -- -- --
03/31/2016 03/31/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $125,000 -- $57 / Sq Ft
Source: Greater Central Louisiana REALTORS® Association

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 $2,221 $12,321 $398 $11,923
2023 $2,178 $11,727 $400 $11,327
2022 $2,178 $11,727 $400 $11,327
2021 $2,177 $11,727 $400 $11,327
2020 $2,173 $11,727 $400 $11,327
2019 $2,161 $11,330 $400 $10,930
2018 $2,198 $11,330 $400 $10,930
2017 $1,955 $11,330 $400 $10,930
2015 $2,145 $10,932 $400 $10,532
2014 $2,031 $10,932 $400 $10,532
2013 $2,164 $10,932 $400 $10,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Central Louisiana REALTORS® Association

MLS Number: 2440321

Greater Central Louisiana REALTORS® Association

APN: 0100024600