NOT LISTED FOR SALE

511 Ray Ave Unit 5 Lafayette, LA 70506

Saints Streets Neighborhood

Estimated Value: $315,715

6 Beds
5 Baths
3,243 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2024

Current estimated payment $2,026 / mo

290 Days on Market

Highlights

  • 0.32 Acre Lot
  • Wood Flooring
  • Porch
  • Woodvale Elementary School Rated A-
  • Detached Garage
  • Storm Windows

About This Home

As of October 2024

Lovely Saints Street area, close to the university and centrally located for anyone wanting to live in town. There are three houses on the property and two apartments. The unfinished house is attached to the utilities with 511 1/2. All houses and apartments are in good condition with window units for heating and cooling. The three houses have a new roof, one of them is a steel roof. All units are currently rented and some are long term tenants. Please DO NOT DISTURB the tenants.

Last Agent to Sell the Property

Denise Carlson

Savvy Team Realty, LLC License #995682424 Listed on: 10/12/2023

Last Buyer's Agent

Tyler Albrecht

Keaty Real Estate Team License #0995697749

Keaty Real Estate Team

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 75 x 185
  • Level Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,243 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storm Windows
  • Electric Cooktop
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • Detached Garage
  • Carport
  • On-Street Parking
  • Open Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Myrtle Place Elementary School
  • Lafayette Middle School
  • Lafayette High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Fiber Optics Available

Listing and Financial Details

  • Total Actual Rent $3,975

Community Details

Overview

  • 5 Buildings
  • 5 Units
  • Third Cornay Extension Subdivision

Building Details

  • 4 Leased Units
  • New Taxes Expense $1,839
  • Gross Income $55,500

Property Details

Home Type

Multi-Family

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Lot Size: 75 x 185
  • Subdivision Name: Third Cornay Extension
  • Directions: west on Congress to left on Saint Thomas, right on Ray Ave, house is on the left.
  • Carport Y N: Yes
  • Building Stories: 1
  • Structure Type: Unit 1(Other), Unit 2(Other), Unit 3(Other), Unit 4(Other)
  • List_136: 92.031856
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Number Of Buildings: 5
  • Appliances: Dryer, Electric Range, Gas Range, Refrigerator, Washer, Electric Cooktop, Unit 1 Washer/Dryer, Unit 2 Washer/Dryer, Unit 3 Washer/Dryer, Unit 4 Washer/Dryer
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Unit 1(Eat-in Kitchen,Master Bedroom), Unit 2(Eat-in Kitchen,Master Bedroom), Unit 3(Eat-in Kitchen,Master Bedroom), Unit 4(Eat-in Kitchen,Master Bedroom)
  • Living Area: 3243
  • Window Features: Storm Window(s)

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Exterior Features: Lighting
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch, Unit 4 Porch/Patio/Deck
  • Roof: Composition, Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Assigned, Carport, Detached, On Street, Parking Lot, Varies by Unit
  • Total Parking Spaces: 7

Utilities

  • Laundry Features: Gas Dryer Hookup, Unit 3 Washer/Dryer Hookup
  • Cooling: Ceiling Fan(s),Window Unit(s),Zoned, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric,Other, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Fiber Available, Fiber Ready

Schools

  • Elementary School: Myrtle Place
  • Junior High Dist: Lafayette Parish
  • High School: Lafayette
  • Middle Or Junior School: Lafayette

Lot Info

  • Lot Size Sq Ft: 13939.2

Multi Family

  • Number Of Units Total: 5
  • Number Of Units Leased: 4
  • Total Actual Rent: 3975

Tax Info

  • New Taxes Expense: 1838.8
  • Tax Lot: 000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Oct 4, 2024
Sold by
Kimbrit Llc
Bought by
Seller's Agent
Denise Carlson
Savvy Team Realty, LLC
Buyer's Agent
Tyler Albrecht
Keaty Real Estate Team
List Price
$455,000
Views
174
Current Estimated Value
$315,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.48%
Original Mortgage
$386,695
Interest Rate
6.46%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Saints Streets, LA

  • Maurianna Robichaux Real Estate Agent - Keller Williams Realty Acadiana

    Maurianna Robichaux

    Keller Williams Realty Acadiana

    (337) 324-9475

    18 Total Sales

    1 in Saints Streets

    $237,000 Price

    Maurianna Robichaux
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  • Ryan Petticrew Real Estate Agent - Keller Williams Realty Acadiana

    Ryan Petticrew

    Keller Williams Realty Acadiana

    (337) 520-8162

    84 Total Sales

    3 in Saints Streets

    $33K - $335K Price Range

    Ryan Petticrew
     Section Image
  • Cindy Herring Real Estate Agent - Cindy Herring Real Estate

    Cindy Herring

    Cindy Herring Real Estate

    (337) 561-1907

    83 Total Sales

    1 in Saints Streets

    $260,000 Price

    Cindy Herring
     Section Image
  • Merrie Chris Leger Real Estate Agent - RE/MAX Acadiana

    Merrie Chris Leger

    RE/MAX Acadiana

    (337) 341-8401

    39 Total Sales

    1 in Saints Streets

    $84,000 Price

    Merrie Chris Leger
     Section Image
  • Michael Carr Real Estate Agent - Real Broker, LLC

    Michael Carr

    Real Broker, LLC

    (337) 294-0578

    89 Total Sales

    2 in Saints Streets

    $215K - $217K Price Range

    Michael Carr
     Section Image
  • Fred Arsement Real Estate Agent - Keller Williams Realty Acadiana

    Fred Arsement

    Keller Williams Realty Acadiana

    (337) 267-8879

    84 Total Sales

    1 in Saints Streets

    $154,000 Price

    Fred Arsement
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$325,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $386,695
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold -- -- --
07/30/2024 07/30/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $375,000 -6.0% $116 / Sq Ft
04/18/2024 04/18/24 Price Changed $399,000 -0.2% $123 / Sq Ft
03/27/2024 03/27/24 Price Changed $399,700 -0.1% $123 / Sq Ft
12/13/2023 12/13/23 Price Changed $399,900 -12.1% $123 / Sq Ft
10/13/2023 10/13/23 For Sale $455,000 -- $140 / Sq Ft
Source: REALTOR® Association of Acadiana

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,916 $28,029 $6,711 $21,318
2024 $2,454 $23,324 $6,711 $16,613
2023 $2,454 $22,597 $6,711 $15,886
2022 $2,364 $22,597 $6,711 $15,886
2021 $1,839 $17,515 $6,711 $10,804
2020 $1,739 $16,623 $6,711 $9,912
2019 $218 $6,400 $840 $5,560
2018 $337 $6,400 $840 $5,560
2017 $337 $6,400 $840 $5,560
2015 $337 $6,400 $840 $5,560
2013 -- $6,400 $840 $5,560
Source: Public Records

Agents Affiliated with this Home

  • Denise Carlson Real Estate Agent - Savvy Team Realty, LLC

    Seller's Agent in 2024

    Denise Carlson

    Savvy Team Realty, LLC

    (337) 255-8869

    4 in this area

    46 Total Sales

    Denise Carlson
    Section Image
  • Tyler Albrecht Real Estate Agent - Keaty Real Estate Team

    Buyer's Agent in 2024

    Tyler Albrecht

    Keaty Real Estate Team

    (337) 735-4470

    5 in this area

    61 Total Sales

    Tyler Albrecht
    Section Image
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23009287

REALTOR® Association of Acadiana

APN: 6036412

Louisiana Lafayette Parish Lafayette 70506 Saints Streets

511 Ray Ave Unit 5, Lafayette, LA

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.

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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