NOT LISTED FOR SALE

Estimated Value: $186,000 - $567,000

7 Beds
3 Baths
6,000 Sq Ft
$74/Sq Ft Est. Value

Last Sold August 01, 2023

Current estimated payment $2,646/month

1 Day on Market

Highlights

  • Barn
  • Traditional Architecture
  • Covered Patio or Porch
  • 14.43 Acre Lot
  • Home Office
  • Walk-In Pantry

About This Home

As of August 2023

Welcome to 507 Bourque Rd., a unique property offering endless possibilities! This expansive 6,000 square foot building sits on an impressive 14.43-acre unzoned lot, surrounded by the natural beauty of 52 mature oak trees. Located in Lafayette, LA, this property presents a remarkable opportunity for those seeking a distinctive space with ample room for customization. Originally an office building, this property was transformed into a residence, boasting a spacious layout and architectural charm. The second floor offers approximately 2,860 square feet, not included in the listing square footage, of finished out unconditioned space, allowing you to adapt it to suit your specific needs--a blank canvas brimming with potential. While the property did experience flooding in 2016, it is essential to note that it is situated in flood zone X, offering peace of mind and a lower risk of future flooding. With some tender loving care and the right vision, this property can be restored to its former glory, making it an excellent investment opportunity. Imagine the
possibilities that this expansive building and sprawling land offera retreat, an artist's studio, a boutique event space, or even a unique commercial venture. The choice is yours, limited only by your imagination. The location of 507 Bourque Rd. provides the
best of both worldstranquil surroundings within easy reach of Lafayette's vibrant city amenities. Enjoy the convenience of nearby schools, shopping centers, restaurants, and recreational facilities, all while relishing the privacy and tranquility that this property affords. Don't miss out on this remarkable property with incredible potential. Embrace the chance to reimagine and breathe new life into this unique space. Schedule your private viewing today and let your creativity unfold at 507 Bourque Rd. in Lafayette, LA!

Last Agent to Sell the Property

Jason Ray

Keaty Real Estate Team License #995704236 Listed on: 06/14/2023

Keaty Real Estate Team

Last Buyer's Agent

Daniel Barbier

Sugar Mill Pond Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,565

Lot Details

  • 14.43 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Level Lot
  • Back Yard

Parking

  • Open Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Aluminum Window Frames
  • Home Office
  • Concrete Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Stove

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,565

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 14.43
  • Lot Size: IRR
  • Road Frontage Type: Parish Road
  • Subdivision Name: None
  • Directions: South on Johnston Street toward Maurice, turn right onto Bourque Rd. Property is about 1/2 mile down on the left, corner of BourqueRd. and Haydell Rd.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Electric Stove Con
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: Office, Walk-in Pantry, Walk-In Closet(s)
  • Living Area: 6000
  • Window Features: Some Window Treatments, Aluminum Frames

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: 11 to 19.99 Acres, Level
  • Pool Private: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Frame
  • Exterior Features: Rear Yard Access
  • Foundation Details: Slab
  • Other Structures: Barn(s)
  • Patio And Porch Features: Covered, Open, Porch
  • Property Condition: 31 - 40 Years, Fixer
  • Roof: Metal

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Multi Units, Central Air
  • Cooling Y N: Yes
  • Heating: 2 or More Units, Central, Electric
  • Heating Yn: Yes
  • Electric: Elec: SLEMCO
  • Electricity On Property: Yes
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Acreage

Schools

  • Elementary School: Ridge
  • High School: Acadiana
  • Middle Or Junior School: Judice

Lot Info

  • Lot Size Sq Ft: 628570.8
  • Zoning: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 1, 2023
Sold by
Alexander Family Trust and John W Alexander Family Trust
Bought by
Barbier Daniel J and Barbier Christina K
Seller's Agent
Jason Ray
Keaty Real Estate Team
Buyer's Agent
Daniel Barbier
Sugar Mill Pond Realty
List Price
$550,000
Views
43
Current Estimated Value
$443,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.10%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Barbier Daniel J $510,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold -- -- --
06/16/2023 06/16/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $550,000 -- $92 / 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 $3,565 $40,381 $2,771 $37,610
2023 $3,565 $37,979 $2,771 $35,208
2022 $3,345 $37,979 $2,771 $35,208
2021 $3,358 $37,979 $2,771 $35,208
2020 $3,354 $37,979 $2,771 $35,208
2019 $3,188 $37,979 $2,771 $35,208
2018 $3,258 $37,979 $2,771 $35,208
2017 $2,611 $37,979 $2,771 $35,208
2015 $1,759 $28,159 $2,079 $26,080
2013 -- $28,102 $1,680 $26,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23005223

REALTOR® Association of Acadiana

APN: 6033368