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127 South Sterling Street

127 South Sterling Street, Lafayette, LA 70501
Property in Lafayette
Sold Jul 27, 2020
$105,000
$100,122 by Southwest Funding Lp
Mortgage
Sold Apr 21, 2014
$42,000
$42,000 by University Of Louisiana Fcu
Mortgage Due Apr 28, 2029
127 South Sterling 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 1860 and is 164 years old. In addition, 127 South Sterling Street has 1,593 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 1,020 ft and across the front of the lot is 10 ft. The area measurement of the land has been determined as 7,405 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 382 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, 127 South Sterling Street was last sold in Jul 24, 2020 for $105,000. According to our calculations, that's $65.91 per sqft. Prior to that sales transaction, the property was sold for $42,000 in Apr 17, 2014. Current property owners are expected to pay $318 in taxes per year. The property on 127 South Sterling Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $9,154. To break that down further, the land itself was valued at $728. While improvements to the property were assessed at a total of $8,426. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1860
  • Effective Year Built: 1860
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 382
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 10
  • Total Building Area: 1,593
  • Building Area: 1,593
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,593
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NICKERSON J ADDITION
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: SW 1/2 LOTS 2 3 BLK 1 NICKERSON ADD (74.1X102.5)

Ownership

  • Current Owner : DESHOTELS DEVON ALLEN
  • Previous Owner : FABER KYLE J
  • Previous Owner 2: FABER MARY KAREN
  • Owner Before Previous Owner: THOMAS DAVID GERALD J
  • Owner Before Previous Owner 2: THOMAS DAVID THERESA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 000200

Geography

  • District: 04
  • Parcel: 6026565
  • Block: 1
  • Lot: 2-3
  • Meridian: SEC 079 TWN 09S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.2291
  • Longitude: -92.0091

    Address

  • Full Address: 127 S Sterling St
  • Address - House Number: 127
  • Street Direction: S
  • Address - Street Name: Sterling
  • Address - Suffix Type: St
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C008
  • 4-Digit Zip Code: 7242
  • Zip Code: 70501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $318
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.4294
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 14
  • Final Value: 139,271
  • High Value: 199,080
  • Low Value: 79,461

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $108,122
  • First Open Lien Mortgage Lender: SOUTHWEST FUNDING LP
  • First Open Lien Mortgage Recording Date: Jul 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $100,122
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: LAFAYETTE PUBLIC TRUST FINANCE
  • Second Open Lien Mortgage Recording Date: Jul 27, 2020
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $8,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $91,540
  • Market Land Value: $7,280
  • Market Improvement Value: $84,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,154
  • Assessed Land Value: $728
  • Assessed Improvements Value: $8,426

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Transaction ID: 11781285668
  • Current Sale Price: $105,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020-00024979
  • Previous Sale Recording Date: Apr 21, 2014
  • Previous Sale Contract Date: Apr 17, 2014
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHWEST FUNDING LP
  • First Mortgage Transaction Date: Jul 27, 2020
  • First Mortgage Loan Amount: $100,122
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSITY OF LOUISIANA FCU
  • Previous Mortgage Transaction Date: Apr 21, 2014
  • Previous Mortgage Loan Amount: $42,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 28, 2029

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Frequently Asked Questions

What neighborhood is 127 South Sterling Street located in?
The 127 South Sterling Street is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 127 South Sterling Street?
The average sales price for units in 127 South Sterling Street is $0 currently.

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