NOT LISTED FOR SALE

502 Lancaster Dr Lafayette, LA 70506

Central Lafayette Parish Neighborhood

Estimated Value: $166,000 - $211,000

3 Beds
2 Baths
1,549 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 23, 2025

Current estimated payment $1,038/month

50 Days on Market

Highlights

  • Wooded Lot
  • Vaulted Ceiling
  • Walk-In Closet
  • Ridge Elementary School Rated A-
  • Granite Countertops
  • Tile Flooring

About This Home

As of January 2025

Looking for an investment property. This home has great potential. Plenty of parking. Large game room, separate garage/shop. Fresh paint and new baseboards throughout.

Last Agent to Sell the Property

Christie House Theaux

NextHome Cutting Edge Realty License #995697586 Listed on: 10/21/2024

NextHome Cutting Edge Realty

Last Buyer's Agent

Jack Ussery

The Signature Brokerage License #995709071

The Signature Brokerage

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 68.5 x 102.78 x 92.29 x 100
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • No Through Street
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,549 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Stove
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Schools

  • Ridge Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Lancaster Estates Subdivision

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Horses: No
  • Lot Size: 68.5 x 102.78 x 92.29 x 100
  • Road Frontage Type: Dead End
  • Subdivision Name: Lancaster Estates
  • Directions: Hwy 167 (Johnston St) South, take right on Bourque Rd, travel 1 mile down and take left on Lancaster. Last house on right.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • List_136: 92.124684
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator, Electric Stove Con
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood Laminate
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Granite Counters
  • Living Area: 1549
  • Window Features: Some Window Treatments

Exterior Features

  • Fencing: Full, Privacy, Wood
  • Lot Features: 0 to 0.5 Acres, Dead-End, Wooded
  • Pool Private: No
  • Home Warranty: No
  • Construction Type: Brick Veneer, Vinyl Siding, Frame
  • Foundation Details: Slab
  • Other Structures: Garage(s)
  • Property Condition: 21 - 30 Years
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Elec: SLEMCO
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

Schools

  • Elementary School: Ridge
  • Junior High Dist: Lafayette Parish
  • High School: Acadiana
  • Middle Or Junior School: Judice

Tax Info

  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
House Brett Mason
Bought by
Quebedeaux Armand Bailey and Quebedeaux Joseph Armand
Current Estimated Value
$185,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2020
Sold by
Lil Blake Investments Llc
Bought by
House Brett Mason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,407
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 16, 2017
Closed on
Feb 22, 2018
Sold by
Mtglq Investors Lp
Bought by
Lil Blake Investments Llc
Seller's Agent
Tammy Cormier
Century 21 Action Realty
Buyer's Agent
Amir Francis
Stone Ridge Real Estate
List Price
$114,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Jun 19, 2017
Sold by
Federal National Mortgage Association
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
May 17, 2017
Sold by
Miller Lennis Paul
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quebedeaux Armand Bailey $170,000 None Listed On Document
House Brett Mason $154,200 Md Title Llc
Lil Blake Investments Llc $95,000 --
Mtglq Investors Lp $92,163 None Available
Federal National Mortgage Association $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quebedeaux Armand Bailey $164,900
Previous Owner House Brett Mason $151,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2025 01/23/25 Sold -- -- --
12/10/2024 12/10/24 Pending -- -- --
12/02/2024 12/02/24 Price Changed $175,000 -2.8% $113 / Sq Ft
10/21/2024 10/21/24 For Sale $180,000 +57.2% $116 / Sq Ft
02/23/2018 02/23/18 Sold -- -- -- View Prior Sale
02/07/2018 02/07/18 Pending -- -- --
10/16/2017 10/16/17 For Sale $114,500 -- $85 / Sq Ft
Source: REALTOR® Association of Acadiana

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 $866 $17,303 $1,930 $15,373
2023 $866 $16,375 $1,930 $14,445
2022 $1,442 $16,375 $1,930 $14,445
2021 $1,448 $16,375 $1,930 $14,445
2020 $1,446 $16,375 $1,930 $14,445
2019 $1,137 $13,539 $1,500 $12,039
2018 $1,152 $13,430 $1,500 $11,930
2017 $1,150 $13,430 $1,500 $11,930
2015 $1,147 $13,430 $1,500 $11,930
2013 -- $13,430 $1,500 $11,930
Source: Public Records

Agents Affiliated with this Home

  • Christie House Theaux

    Seller's Agent in 2025

    Christie House Theaux

    NextHome Cutting Edge Realty

    (337) 298-2340

    7 in this area

    40 Total Sales

    Christie House Theaux
    Section Image
  • Jack Ussery

    Buyer's Agent in 2025

    Jack Ussery

    The Signature Brokerage

    (318) 308-9822

    3 in this area

    120 Total Sales

    Jack Ussery
    Section Image
  • Tammy Cormier

    Seller's Agent in 2018

    Tammy Cormier

    Century 21 Action Realty

    (337) 523-1159

    3 in this area

    147 Total Sales

    Tammy Cormier
    Section Image

  • A

    Buyer's Agent in 2018

    Amir Francis

    Stone Ridge Real Estate

  • AJ Francis

    Buyer's Agent in 2018

    AJ Francis

    Real Broker, LLC

    (337) 849-2668

    13 in this area

    99 Total Sales

    AJ Francis
    Section Image
See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 24009812

REALTOR® Association of Acadiana

APN: 6058461

Louisiana Lafayette Parish Lafayette 70506 Central Lafayette Parish

502 Lancaster Dr, Lafayette, LA

Not Listed for Sale

Detached

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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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