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224 Martin Oaks Drive

224 Martin Oaks Drive, Lafayette, LA 70501
Property in Lafayette
Sold Nov 29, 2016
$165,000
$162,011 by Paramount Residential Mortgage
Mortgage Due Dec 01, 2046
Sold May 18, 2006
$319
224 Martin Oaks Drive in Lafayette, LA was first built in 1968 and is 56 years old. This has been categorized as a residential property type. 224 Martin Oaks Drive has 1,899 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 50 ft and the linear feet between the front and back of the lot is 650. In total, the area measurement of the land is 10,890 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 299 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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, 224 Martin Oaks Drive was last sold in Nov 28, 2016 for $165,000. According to our calculations, that's $86.89 per sqft. Prior to that sales transaction, the property was sold for $319 in May 16, 2006. Current property owners are expected to pay $1,063 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2013. The property on 224 Martin Oaks Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $16,275. To break that down further, the land itself was valued at $2,205. While improvements to the property were assessed at a total of $14,070. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 299
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,899
  • Building Area: 1,899
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,899
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOORELAND HEIGHTS EXTENSION NO
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 72 MOORELAND HTS SUB EXT 2 (132.5X65X116.8X125.8)

Ownership

  • Current Owner : MALLETT SAM KENNY R
  • Current Owner 2: MALLETT SAM PEGGY
  • Previous Owner : SINGLETON BETTY JOYCE
  • Owner Before Previous Owner: SINGLETON BETTY JOYCE
  • Owner Before Previous Owner 2: LAFAYETTE CONSOLIDATED GOVERME
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001202

Geography

  • District: 04
  • Parcel: 6030659
  • Lot: 72
  • Meridian: SEC 090 TWN 09S RNG 05E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.25
  • Longitude: -91.9968

    Address

  • Full Address: 224 Martin Oaks Dr
  • Address - House Number: 224
  • Address - Street Name: Martin Oaks
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C024
  • 4-Digit Zip Code: 2506
  • Zip Code: 70501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,063
  • Intital Tax Deliquent Year: 2013
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 204,018
  • High Value: 241,912
  • Low Value: 166,124

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,011
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 29, 2016
  • First Open Lien Mortgage Loan Amount: $162,011
  • 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: Dec 01, 2046

    Market Valuation

  • Market Total Value: $162,750
  • Market Land Value: $22,050
  • Market Improvement Value: $140,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,275
  • Assessed Land Value: $2,205
  • Assessed Improvements Value: $14,070

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 28, 2016
  • Current Sale Recording Date: Nov 29, 2016
  • Current Sale Transaction ID: 1807353483
  • Current Sale Price: $165,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2016-00044858
  • Previous Sale Recording Date: May 18, 2006
  • Previous Sale Contract Date: May 16, 2006
  • Previous Sale Amount: $319
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Nov 29, 2016
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2046

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Frequently Asked Questions

What neighborhood is 224 Martin Oaks Drive located in?
The 224 Martin Oaks Drive is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 224 Martin Oaks Drive?
The average sales price for units in 224 Martin Oaks Drive is $0 currently.

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