See Home Value
Lafayette 70506
112 Franklin Lane
$292,569*
House - Off Market

112 Franklin Lane

Lafayette, LA 70506
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1863 Sqft
$207,000 - $253,000
Reference Base Price*
27.20%
Since Mar 1, 2021
National-US
Primary Model
Sold Apr 09, 2021
$220,000
$176,000 by Finance Of America Mortgage
Mortgage Due May 01, 2036
Sold May 17, 2016
$204,900
$194,655 by Dhi Mortgage Company Ltd
Mortgage Due Jun 01, 2046

About This Property

Great location, Effective floor plan, Well-settled subdivision developed by D.R.Horton company. Very clean and well maintained inside and out. Don't miss this great opportunity to get this house. Enjoy back-porch that the owner improved. The owner bought this house as newly built condition. Don't wait! This one won't last long!! Get itbefore the other gets this nice house.

The manager has listed the unit size as 1863 square feet.
Unit Size
1,863Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

Price History

Date / Event Date Event Price
Apr 9, 2021 Sold to Murugan Ambalakannu $220,000
Sold to Murugan Ambalakannu
Feb 25, 2021 No longer available -
No longer available
Feb 12, 2021 Listed $230,000
Listed
Feb 1, 2021 No longer available -
No longer available
May 17, 2020 Relisted $230,000
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 495
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,886
  • Building Area: 1,886
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,886
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONGRESS WEST
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 7 CONGRESS WEST (50X120)

Ownership

  • Current Owner : AMBALAKANNU MURUGAN
  • Previous Owner : SON JONGRAE
  • Previous Owner 2: SON YOUNG JU
  • Owner Before Previous Owner: D R HORTON INC GULF COAST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001903

Geography

  • District: 04
  • Parcel: 6149575
  • Lot: 7
  • Meridian: SEC 007 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.1953
  • Longitude: -92.1013

    Address

  • Full Address: 112 Franklin Ln
  • Address - House Number: 112
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ln
  • State: LA
  • City Name: Lafayette
  • Carrier Code: R006
  • 4-Digit Zip Code: 4944
  • Zip Code: 70506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,456
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 258,752
  • High Value: 307,656
  • Low Value: 209,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $176,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $176,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $200,310
  • Market Land Value: $40,000
  • Market Improvement Value: $160,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,031
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $16,031

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11831554866
  • Current Sale Price: $220,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2021-00015889
  • Previous Sale Recording Date: May 17, 2016
  • Previous Sale Contract Date: May 16, 2016
  • Previous Sale Amount: $204,900
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Mortgage Transaction Date: Apr 09, 2021
  • First Mortgage Loan Amount: $176,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: May 17, 2016
  • Previous Mortgage Loan Amount: $194,655
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,512 ft²
$160/ft²
$242,000 Feb 3, 2021
-
-
House
4 Beds
2 Baths
1,899 ft²
$140/ft²
$265,000 Feb 3, 2021
-
-
House
4 Beds
2 Baths
2,093 ft²
$130/ft²
$272,000 Feb 3, 2021
-
-
Land
Loft
-
-
$199,000 Aug 15, 2022
-
-

About Lafayette


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Frequently Asked Questions

When was property at 112 Franklin Lane built and last sold?
The property at 112 Franklin Lane was built in 2015 and last sold on Apr 8, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 112 Franklin Lane is $233,425.
What are some comparable homes to 112 Franklin Lane?
There are currently no comparable homes to 112 Franklin Lane.

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