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214 Palms Drive

214 Palms Drive, Lafayette, LA 70503
Property in Lafayette
Sold Sep 17, 2010
$95,000
$93,737 by Intertrust Mortgage Llc
Mortgage Due Oct 01, 2040
214 Palms Drive in Lafayette, LA was first built in 1961 and is 63 years old. This has been categorized as a residential property type. 214 Palms Drive has 1,070 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 700 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 186 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. 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, 214 Palms Drive was last sold in Sep 17, 2010 for $95,000. According to our calculations, that's $88.79 per sqft. Current property owners are expected to pay $357 in taxes per year. The property on 214 Palms Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $9,525. To break that down further, the land itself was valued at $2,240. While improvements to the property were assessed at a total of $7,285. 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. 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.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: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 186
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,070
  • Building Area: 1,070
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,070
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMS SUBDIVISION
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 7 BLK 3 PALMS SUB (70X100)

Ownership

  • Current Owner : CORMIER ERNEST JOSEPH
  • Previous Owner : MILLS HARMON ERNEST RAY
  • Previous Owner 2: MILLS HARMON SONJA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001412

Geography

  • District: 04
  • Parcel: 6038098
  • Block: 3
  • Lot: 7
  • Meridian: SEC 072 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.1663
  • Longitude: -92.0806

    Address

  • Full Address: 214 Palms Dr
  • Address - House Number: 214
  • Address - Street Name: Palms
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C079
  • 4-Digit Zip Code: 5629
  • Zip Code: 70503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $357
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 72
  • Final Value: 144,196
  • High Value: 173,373
  • Low Value: 115,020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $93,737
  • First Open Lien Mortgage Lender: INTERTRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 17, 2010
  • First Open Lien Mortgage Loan Amount: $93,737
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2040

    Market Valuation

  • Market Total Value: $95,250
  • Market Land Value: $22,400
  • Market Improvement Value: $72,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,525
  • Assessed Land Value: $2,240
  • Assessed Improvements Value: $7,285

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2010
  • Current Sale Recording Date: Sep 17, 2010
  • Current Sale Transaction ID: 1144970377
  • Current Sale Price: $95,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2010-00037588

    Last Sale Mortgage

  • First Mortgage Lender: INTERTRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 17, 2010
  • First Mortgage Loan Amount: $93,737
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2040

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Frequently Asked Questions

What neighborhood is 214 Palms Drive located in?
The 214 Palms Drive is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 214 Palms Drive?
The average sales price for units in 214 Palms Drive is $0 currently.

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