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116 Timberland Ridge Boulevard

116 Timberland Ridge Boulevard, Lafayette, LA 70507
Property in Lafayette
Sold Apr 07, 2020
$295,000
$205,000 by Pennymac Loan Services Llc
Mortgage Due May 01, 2050
Sold Aug 12, 2013
$223,800
Seller
$137,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2043
116 Timberland Ridge Boulevard 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 2013 and is 11 years old. In addition, 116 Timberland Ridge Boulevard has 2,201 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 14,215 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 520 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 B 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 Timberland Ridge Boulevard sold most recently in Apr 6, 2020 for a total of $295,000. If you work out the math, that's approximately a cost of $134.03 per sqft. Before that, the property was also sold for $223,800 in Aug 8, 2013. 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 $1,480 in taxes each year. 116 Timberland Ridge Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $24,208. If we break it down further, the land itself was valued at $5,500. Improvements to the property, however, were assessed at a total of $18,708. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 520
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,215
  • Total Building Area: 2,201
  • Building Area: 2,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLUFFS THE
  • Land Acres: 0.326
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 9 THE BLUFFS (0.325 AC)(14,215 SQ FT)

Ownership

  • Current Owner : PROSPER BLAKE A
  • Current Owner 2: PROSPER JENNIFER N
  • Previous Owner : QUIRK DONALD W
  • Owner Before Previous Owner: DSLD LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 002103

Geography

  • District: 88
  • Parcel: 6139403
  • Lot: 9
  • Meridian: SEC 129 TWN 08S RNG 04E
  • Municipality: UNINCORPORATED
  • Latitude: 30.3148
  • Longitude: -92.0107

    Address

  • Full Address: 116 Timberland Ridge Blvd
  • Address - House Number: 116
  • Address - Street Name: Timberland Ridge
  • Address - Suffix Type: Blvd
  • State: LA
  • City Name: Lafayette
  • Carrier Code: R002
  • 4-Digit Zip Code: 2743
  • Zip Code: 70507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,480
  • Tax Rate Code Area: 88

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 72
  • Final Value: 325,700
  • High Value: 391,603
  • Low Value: 259,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Apr 07, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $205,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $242,080
  • Market Land Value: $55,000
  • Market Improvement Value: $187,080

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,208
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $18,708

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2020
  • Current Sale Recording Date: Apr 07, 2020
  • Current Sale Transaction ID: 11758045747
  • Current Sale Price: $295,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2020-00011578
  • Previous Sale Recording Date: Aug 12, 2013
  • Previous Sale Contract Date: Aug 08, 2013
  • Previous Sale Amount: $223,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Apr 07, 2020
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 12, 2013
  • Previous Mortgage Loan Amount: $137,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2043

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Frequently Asked Questions

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

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