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101 Wells Street

101 Wells Street, Lafayette, LA 70506
Property in Lafayette
Sold Apr 14, 2022
$172,800
$138,236 by Freedom Mortgage Corporation
Mortgage Due May 01, 2052
Sold Jul 23, 2018
$145,000
$142,373 by Assurance Financial Group Llc
Mortgage Due Aug 01, 2048
101 Wells Street has been categorized by the local assessors in Lafayette, LA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. In addition, 101 Wells Street has 1,685 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,235 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 480 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 101 Wells Street was last sold in Apr 5, 2022 for $172,800. According to our calculations, that's $102.55 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Jul 20, 2018. Current property owners are expected to pay $770 in taxes per year. The property on 101 Wells Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $13,472. To break that down further, the land itself was valued at $2,545. While improvements to the property were assessed at a total of $10,927. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,235
  • Total Building Area: 1,685
  • Building Area: 1,685
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,685
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARNOULD HEIGHTS SUBD EXT 2
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 2-A BLK 16 ARNOULD HTS SUB EXT 2 (0.2125 AC)

Ownership

  • Current Owner : BROUSSARD ALONDA M
  • Previous Owner : UNKNOWN
  • Owner Before Previous Owner: WILSON KENNON DONALD
  • Owner Before Previous Owner 2: STAGG KENNON GERMAINE MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 000606

Geography

  • District: 04
  • Parcel: 6059316
  • Block: 16
  • Lot: 2
  • Meridian: SEC 042 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.2051
  • Longitude: -92.0666

    Address

  • Full Address: 101 Wells St
  • Address - House Number: 101
  • Address - Street Name: Wells
  • Address - Suffix Type: St
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C064
  • 4-Digit Zip Code: 6075
  • Zip Code: 70506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $770
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 191,668
  • High Value: 234,116
  • Low Value: 149,220

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $141,738
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 14, 2022
  • First Open Lien Mortgage Loan Amount: $138,236
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 11, 2023
  • Second Open Lien Mortgage Loan Amount: $3,502
  • Second Open Lien Mortgage Term: 343
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $134,720
  • Market Land Value: $25,450
  • Market Improvement Value: $109,270

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,472
  • Assessed Land Value: $2,545
  • Assessed Improvements Value: $10,927

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Transaction ID: 11884588340
  • Current Sale Price: $172,800
  • Current Sale Document Type: Gift Deed
  • Current Sale Input Document Number: 15015
  • Previous Sale Recording Date: Jul 23, 2018
  • Previous Sale Contract Date: Jul 20, 2018
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Apr 14, 2022
  • First Mortgage Loan Amount: $138,236
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • Previous Mortgage Transaction Date: Jul 23, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $142,373
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2048

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Frequently Asked Questions

What neighborhood is 101 Wells Street located in?
The 101 Wells Street is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 101 Wells Street?
The average sales price for units in 101 Wells Street is $0 currently.

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