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116 Claremont Circle

116 Claremont Circle, Lafayette, LA 70508
Property in Lafayette
Sold Feb 11, 2021
$350,000
$280,000 by Pentagon Fcu
Mortgage Due Mar 01, 2051
116 Claremont Circle 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 1991 and is 33 years old. In addition, 116 Claremont Circle has 2,819 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,130 ft and across the front of the lot is 60 ft. The area measurement of the land has been determined as 13,068 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 604 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 116 Claremont Circle sold most recently in Feb 10, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $124.16 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,980 in taxes each year. 116 Claremont Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $34,603. If we break it down further, the land itself was valued at $4,100. Improvements to the property, however, were assessed at a total of $30,503. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 604
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 60
  • Total Building Area: 2,819
  • Building Area: 2,819
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,819
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VERMILION OAKS
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 8 VERMILION OAKS (109.6X113.51X126.64X132.46)

Ownership

  • Current Owner : CAGLE KEVIN D
  • Current Owner 2: CAGLE ASHLEY
  • Previous Owner : GUIDRY ROCKY PAUL
  • Previous Owner 2: GUIDRY ALLISON PAUL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001403

Geography

  • District: 04
  • Parcel: 6080583
  • Lot: 8
  • Meridian: SEC 073 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.1489
  • Longitude: -92.0576

    Address

  • Full Address: 116 Claremont Cir
  • Address - House Number: 116
  • Address - Street Name: Claremont
  • Address - Suffix Type: Cir
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C069
  • 4-Digit Zip Code: 7300
  • Zip Code: 70508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,980
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 438,085
  • High Value: 519,578
  • Low Value: 356,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: PENTAGON FCU
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $346,030
  • Market Land Value: $41,000
  • Market Improvement Value: $305,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,603
  • Assessed Land Value: $4,100
  • Assessed Improvements Value: $30,503

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 10, 2021
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11820551363
  • Current Sale Price: $350,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2021-00006369

    Last Sale Mortgage

  • First Mortgage Lender: PENTAGON FCU
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lafayette



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Frequently Asked Questions

What neighborhood is 116 Claremont Circle located in?
The 116 Claremont Circle is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 116 Claremont Circle?
The average sales price for units in 116 Claremont Circle is $0 currently.

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