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1503 Driftwood Lane

1503 Driftwood Lane, Lake Charles, LA 70601
Property in Calcasieu
Sold Oct 03, 2022
Transfer
Sold Nov 25, 2013
$227,500
$192,500 by Gmfs Llc
Mortgage Due Dec 01, 2033
Local assessors in Lake Charles, LA have categorized 1503 Driftwood Lane as a residential type of property. The property's lot size has been calculated to be 687 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Prior to that sales transaction, the property was also sold in Nov 25, 2013 for $227,500. 1503 Driftwood Lane was last assessed in 2023. The total value of the property was assessed at $21,270. Specifically, the land the property is located on was valued at $2,160. While improvements on the property were assessed at a total of $19,110. 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 $2,062. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 687
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERSIDE ADD
  • Land Acres: 0.015
  • Standard Land Use Code: Single family residential
  • Legal Description 1: @381009-1623-3 0010 0000 LOT 10 BLK 3 RIVERSIDE ADD OF W 2/3 OF LOT 6 B LEBLEU CLAIM 38.10.9 IMPS/14-RMS/NEW REF1- ERNESTINE

Ownership

  • Current Owner : JOINT REVOCABLE TRUST
  • Previous Owner : GERALD FATH DAVID
  • Owner Before Previous Owner: ROSTEET BUILDERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Calcasieu Parish School District
  • Census Tract: 000500

Geography

  • District: 3L
  • Parcel: 00457086
  • Block: 3
  • Lot: 6,10
  • Meridian: SEC 38 TWN 10 RNG 09
  • Municipality: LAKE CHARLES WARD
  • Latitude: 30.2146
  • Longitude: -93.2442

    Address

  • Full Address: 1503 Driftwood Ln
  • Address - House Number: 1503
  • Address - Street Name: Driftwood
  • Address - Suffix Type: Ln
  • State: LA
  • City Name: Lake Charles
  • Carrier Code: C061
  • 4-Digit Zip Code: 5601
  • Zip Code: 70601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,062

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 296,828
  • High Value: 368,798
  • Low Value: 224,858

    Market Valuation

  • Market Total Value: $212,700
  • Market Land Value: $21,600
  • Market Improvement Value: $191,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,270
  • Assessed Land Value: $2,160
  • Assessed Improvements Value: $19,110

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Transaction ID: 11896581473
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3486393
  • Previous Sale Recording Date: Nov 25, 2013
  • Previous Sale Contract Date: Nov 25, 2013
  • Previous Sale Amount: $227,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: GMFS LLC
  • Previous Mortgage Transaction Date: Nov 25, 2013
  • Previous Mortgage Loan Amount: $192,500
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Dec 01, 2033

About Lake Charles



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Nearby Rentals

Unit for rent at 4101 Common Street 1/2, Lake Charles, LA, 70607

$1,100 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,046 ft²
4101 Common Street 1/2 #1, Lake Charles, LA, 70607 Listing by JEFF PAPANIA

Frequently Asked Questions

What neighborhood is 1503 Driftwood Lane located in?
The 1503 Driftwood Lane is a located in the neighborhood of Calcasieu in Lake Charles, Lake Charles.
What is the average sales price for listings in 1503 Driftwood Lane?
The average sales price for units in 1503 Driftwood Lane is $0 currently.

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