NOT LISTED FOR SALE

505 E Main St Lafayette, LA 70501

Freetown-Port Rico Neighborhood

Estimated Value: $86,000 - $94,000

2 Beds
1 Bath
728 Sq Ft
$124/Sq Ft Est. Value

Highlights

  • Window Unit Cooling System
  • Woodvale Elementary School Rated A-
  • Cats Allowed

About This Home

As of September 2020

This is a cute and recently updated 2 Bedroom 1 Bath Downstairs Apartment in Freetown within Walking Distance to UL and Downtown. Location Location!!! Centrally located and off the Mardi Gras parade route. Great for a first time renter.Pets: Cats only, $300 pet fee per pet (Max 2 pets)Students: YesDeposit: $400Appliances: refrigerator, stove, w/d connections, window unitsElementary: WoodvaleMiddle School: AllemanHigh School: LafayetteElectricity: LUSWater & Sewage: IncludedInternet: LUSTrash: LUSGas: AtmosIncome Requirements: 3X monthly rentBackground checkCredit check12 month minimum lease termRenters Tenant Liability Insurance Required - $12.50 through management company

Last Agent to Rent the Property

Buddy Glass

BG Realty & Management, LLC License #995713291 Listed on: 08/19/2020

Last Renter's Agent

John Glass

Unknown Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $662

Year Built

  • 1937

Lot Details

  • 9,148

Parking

  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 728 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Stove
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Schools

  • Woodvale Elementary School
  • Ljalleman Middle School
  • Lafayette High School

Utilities

  • Window Unit Cooling System
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • 12 Month Lease Term
  • Available 8/19/20

Community Details

Overview

  • Mouton Addition Subdivision

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$662

Year Built

1937

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Available Date: 2020-08-19

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Lease
  • Horses: No
  • Subdivision Name: Mouton Addition
  • Directions: South on Johnston street towards downtown. Right onto E. Main.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1937

Interior Features

  • Furnished: Unfurnished
  • Appliances: Refrigerator, Electric Stove Con
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood Laminate
  • Living Area: 728
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Lighting
  • Property Condition: 51 - 75 Years

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Elec: City
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Fiber Available
  • Water Source: Public
  • Gas Company: Gas: Atmos

Condo/Co-op/Association

  • Pets Allowed: Cats OK

Schools

  • Elementary School: Woodvale
  • High School: Lafayette
  • Middle Or Junior School: Ljalleman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Blue House Properties Llc
Bought by
Boudreaux Capital Llc
Current Estimated Value
$90,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Outstanding Balance
$948,084
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$857,733

Purchase Details

Closed on
Sep 18, 2009
Sold by
Larriviere Joshua Michael
Bought by
Blue House Properties Llc
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
Boudreaux Capital Llc -- None Listed On Document
Blue House Properties Llc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boudreaux Capital Llc $1,005,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Rented $650 0.0% --
09/14/2020 09/14/20 Under Contract -- -- --
08/19/2020 08/19/20 For Rent $650 -13.3% --
04/27/2017 04/27/17 Rented $750 -6.3% --
03/11/2017 03/11/17 Under Contract -- -- --
01/19/2017 01/19/17 For Rent $800 -- --
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 $662 $7,641 $1,117 $6,524
2023 $662 $6,049 $1,117 $4,932
2022 $523 $6,049 $1,117 $4,932
2021 $525 $6,049 $1,117 $4,932
2020 $524 $6,049 $1,117 $4,932
2019 $499 $6,049 $1,117 $4,932
2018 $510 $6,049 $1,117 $4,932
2017 $509 $6,049 $1,117 $4,932
2015 $507 $6,050 $660 $5,390
2013 -- $6,050 $660 $5,390
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2020

    Buddy Glass

    BG Realty & Management, LLC

    (337) 281-4391

    21 Total Sales

    Buddy Glass
    Section Image

  • J

    Tenant's Agent in 2020

    John Glass

    Unknown Office

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 20007435

REALTOR® Association of Acadiana

APN: 6017375

Louisiana Lafayette Parish Lafayette 70501 Freetown-Port Rico

505 E Main St, Lafayette, LA

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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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