505 Old Settlement Rd Lafayette, LA 70508
Kaliste Saloom NeighborhoodEstimated Value: $883,000 - $1,108,559
6
Beds
7
Baths
6,521
Sq Ft
$154/Sq Ft
Est. Value
Highlights
- In Ground Pool
- 1.09 Acre Lot
- Freestanding Bathtub
- Edgar Martin Middle School Rated A-
- Deck
- Traditional Architecture
About This Home
As of June 2023SOUTHERN LIVING! LUXURY LIFESTYLE! GREAT LOCATION!Feast your eyes on a highly well-built home with an enormous amount of space, character, and uniqueness with customized areas for you and your family to settle in very quickly. This 6,521 sq.ft. lovely home is located in The Settlement Subdivision and boasts incredible curb appeal amongst many other things. This stately home has numerous amenities that will check off every box. As you stroll up the long brick sidewalk approaching an impressive front porch, you will enter through french antique doors into the foyer with an inviting dining room sporting oak floors. This room can seat your favorite people for wonderful gatherings with family and friends. Steps away, relax in a cozy keeping area with vaulted ceilings off of the kitchen for a casual meal, glass of wine, or coffee in the morning as you enjoy the peacefulness of the courtyard view and fountain. The spacious, stunning kitchen is equipped with an extra large island, lots of storage and Thermador gas stove for gourmet cooking.
On the first floor you will find the master suite with a fireplace, built-in cabinets, a master bath with a walk-in closet, and a private entry from the gorgeous backyard with a pool. You'll also find a guest room with a connected bath and walk-in closet, a large laundry room with storage and enough space for an office.
Surprise!! The custom-built man cave/ pool house/ theater room/guest house was added on and built to accommodate any vice or need you must have. It will definitely blow you away as it is located off of the 2 car garage with its own separate entrance but attached to the main house. This space is like having two homes under one roof. Perfect space for entertaining but allowing for complete privacy for your guests during their stay. This cool space is furnished with a full bath, half bath, and complete kitchen including a 5 burner gas stove, double ovens, cigar humidor, ice maker, wine fridge, mini fridge, and brick island top for seating.
As you walk through the 8ft. glass french doors to the pool house/ guest house/ theater area, Turn right to view the impressive outdoor oasis through another set of 8ft. french glass doors leading to the backyard. Open up all the doors on a beautiful day and enjoy indoor/outdoor living immediately.
Return to your spacious living room and allow yourself to relax in front of the fireplace after celebrating a delicious meal prepared in your gourmet kitchen and top-notch essentials that will surely please any palate.
Stroll upstairs to witness 4 large bedrooms, one ensuite bathroom & 2 bedrooms sharing a Jack & Jill bathroom with double sinks.
Don't miss experiencing the wonderful balcony that calls for a relaxing afternoon.
There are too many characteristics to speak briefly of. PLEASE INDULGE YOURSELF TODAY AND SCHEDULE A SHOWING! EXPERIENCE LIVING LIFE IN LUXURY FIRSTHAND!
Last Agent to Sell the Property
Coldwell Banker Trahan Real Estate Group License #995704671 Listed on: 02/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,132
Year Built
- Built in 1982
Lot Details
- 1.09 Acre Lot
- Property fronts a private road
- Gated Home
- Privacy Fence
- Wood Fence
- Landscaped
- Level Lot
- Sprinkler System
- Back Yard
HOA Fees
- $42 Monthly HOA Fees
Parking
- Open Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Aluminum Siding
- Piling Construction
Interior Spaces
- 6,521 Sq Ft Home
- 2-Story Property
- Built-In Features
- Built-In Desk
- Crown Molding
- High Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Ventless Fireplace
- Gas Log Fireplace
- Fireplace Features Masonry
- Wood Frame Window
- Aluminum Window Frames
- Attic Fan
- Washer and Electric Dryer Hookup
Kitchen
- Walk-In Pantry
- Oven
- Gas Cooktop
- Stove
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Cultured Marble Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Brick
- Carpet
- Laminate
- Concrete
- Slate Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- Double Vanity
- Freestanding Bathtub
- Spa Bath
- Separate Shower
Home Security
- Security System Owned
- Fire and Smoke Detector
Pool
- In Ground Pool
- Gunite Pool
- Spa
Outdoor Features
- Balcony
- Deck
- Open Patio
- Outdoor Speakers
- Exterior Lighting
- Shed
- Porch
Schools
- Cpl. M. Middlebrook Elementary School
- Edgar Martin Middle School
- Comeaux High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Multiple Heating Units
- Heating System Uses Natural Gas
- Fiber Optics Available
- Cable TV Available
Community Details
- Settlement The Subdivision
Listing and Financial Details
- Tax Lot 0144-A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 29, 2016
Bought by
Mallia James
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,500
Outstanding Balance
$737,490
Interest Rate
4.32%
Estimated Equity
$269,650
Similar Home in Lafayette, LA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mallia James | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mallia James | $879,500 | |
| Closed | Mallia James | -- | |
| Closed | Mallia James Stephen | $879,500 | |
| Previous Owner | Mallia James Stephen | $475,000 | |
| Previous Owner | Mallia James Stephen | $417,000 | |
| Previous Owner | Mallia James Stephen | $475,000 | |
| Previous Owner | Mallia James Stephen | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | -- | -- | -- |
| 05/17/2023 05/17/23 | Pending | -- | -- | -- |
| 05/02/2023 05/02/23 | Price Changed | $995,000 | -9.5% | $153 / Sq Ft |
| 04/17/2023 04/17/23 | Price Changed | $1,100,000 | -6.4% | $169 / Sq Ft |
| 02/28/2023 02/28/23 | Price Changed | $1,175,000 | +2.2% | $180 / Sq Ft |
| 02/28/2023 02/28/23 | For Sale | $1,150,000 | -- | $176 / Sq Ft |
Source: REALTOR® Association of Acadiana
Tax History Compared to Growth
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 | $11,132 | $105,809 | $24,000 | $81,809 |
| 2023 | $11,132 | $105,768 | $24,000 | $81,768 |
| 2022 | $11,067 | $105,768 | $24,000 | $81,768 |
| 2021 | $8,750 | $83,343 | $24,000 | $59,343 |
| 2020 | $8,721 | $83,343 | $24,000 | $59,343 |
| 2019 | $6,251 | $83,343 | $24,000 | $59,343 |
| 2018 | $7,873 | $83,343 | $24,000 | $59,343 |
| 2017 | $7,864 | $83,343 | $24,000 | $59,343 |
| 2015 | $7,855 | $83,343 | $24,000 | $59,343 |
| 2013 | -- | $83,293 | $24,000 | $59,293 |
Source: Public Records
Agents Affiliated with this Home
-
Carolyn Mahtook-Lasseigne
C
Seller's Agent in 2023
Carolyn Mahtook-Lasseigne
Coldwell Banker Trahan Real Estate Group
(337) 298-7222
2 in this area
21 Total Sales
-
Jeanne Declouet
J
Buyer's Agent in 2023
Jeanne Declouet
Keller Williams Realty Acadiana
(337) 278-6456
2 in this area
42 Total Sales
Map
Source: REALTOR® Association of Acadiana
MLS Number: 23001575
APN: 6027570
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.
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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