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1200 West Bayou Parkway

1200 West Bayou Parkway, Lafayette, LA 70503
Property in Lafayette
Sold Sep 01, 2021
$625,000
$524,000 by Assurance Financial Group Llc
Mortgage Due Sep 01, 2051
Sold Apr 23, 2013
$600,000
$480,000 by Teche Federal Bank
Mortgage Due May 01, 2043
1200 West Bayou Parkway in Lafayette, LA was first built in 1978 and is 46 years old. This has been categorized as a residential property type. 1200 West Bayou Parkway has 2,956 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 990 ft and the linear feet between the front and back of the lot is 1,460. In total, the area measurement of the land is 19,166 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 805 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The property was last sold in Aug 31, 2021 for $625,000. That's $211.43 per sqft. Prior to that sales transaction, the property was also sold in Apr 19, 2013 for $600,000. 1200 West Bayou Parkway was last assessed in 2022. The total value of the property was assessed at $58,886. Specifically, the land the property is located on was valued at $15,371. While improvements on the property were assessed at a total of $43,515. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,520. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 805
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 990
  • Total Building Area: 2,956
  • Building Area: 2,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENBRIAR ESTATES
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 73 GREENBRIAR ESTATES SUB (145.99X146.25X140X125.28)

Ownership

  • Current Owner : RAGGIO JOHN STEPHEN
  • Current Owner 2: RAGGIO JENNIFER KINGHIT
  • Previous Owner : WEST DANNY FRANCIS
  • Owner Before Previous Owner: RAGSDALE SWAIN JAMES LEE
  • Owner Before Previous Owner 2: RAGSDALE SWAIN DARLENE KAY
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001500

Geography

  • District: 04
  • Parcel: 6067619
  • Lot: 73
  • Meridian: SEC 054 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.193
  • Longitude: -92.0374

    Address

  • Full Address: 1200 W Bayou Pkwy
  • Address - House Number: 1200
  • Street Direction: W
  • Address - Street Name: Bayou
  • Address - Suffix Type: Pkwy
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C074
  • 4-Digit Zip Code: 3618
  • Zip Code: 70503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,520
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 676,682
  • High Value: 805,062
  • Low Value: 548,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $524,000
  • First Open Lien Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $524,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $588,860
  • Market Land Value: $153,710
  • Market Improvement Value: $435,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,886
  • Assessed Land Value: $15,371
  • Assessed Improvements Value: $43,515

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11857416776
  • Current Sale Price: $625,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2021-00039991
  • Previous Sale Recording Date: Apr 23, 2013
  • Previous Sale Contract Date: Apr 19, 2013
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $524,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TECHE FEDERAL BANK
  • Previous Mortgage Transaction Date: Apr 23, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2043

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Frequently Asked Questions

What neighborhood is 1200 West Bayou Parkway located in?
The 1200 West Bayou Parkway is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 1200 West Bayou Parkway?
The average sales price for units in 1200 West Bayou Parkway is $0 currently.

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