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227 Levy Drive

227 Levy Drive, Lafayette, LA 70506
Property in Lafayette
Sold May 24, 2022
$200,000
$204,895 by Gulf Coast Bank
Mortgage Due May 24, 2052
Sold Jul 11, 2019
$172,000
$172,000 by Home Point Financial Corp
Mortgage Due Aug 01, 2049
227 Levy Drive 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 1972 and is 52 years old. In addition, 227 Levy Drive has 1,775 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 1,640 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 12,197 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 484 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 227 Levy Drive sold most recently in May 23, 2022 for a total of $200,000. If you work out the math, that's approximately a cost of $112.68 per sqft. Before that, the property was also sold for $172,000 in Jul 10, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,667 in taxes each year. 227 Levy Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,849. If we break it down further, the land itself was valued at $4,276. Improvements to the property, however, were assessed at a total of $11,573. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,775
  • Building Area: 1,775
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,775
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLE CHASSE GARDENS
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 38 BELLE CHASSE GARDENS SUB (75X164.92)

Ownership

  • Current Owner : JEPCO HOLDINGS LLC
  • Previous Owner : HOOPER LANCLOS MATTHEW RAY
  • Previous Owner 2: HOOPER KIMBERLY L
  • Owner Before Previous Owner: ROMERO LE LOI VAN
  • Owner Before Previous Owner 2: ROMERO LE BONNIE LENEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 000603

Geography

  • District: 04
  • Parcel: 6039589
  • Lot: 38
  • Meridian: SEC 40S TWN 09S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.212
  • Longitude: -92.068

    Address

  • Full Address: 227 Levy Dr
  • Address - House Number: 227
  • Address - Street Name: Levy
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C055
  • 4-Digit Zip Code: 3927
  • Zip Code: 70506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,667
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 70
  • Final Value: 214,162
  • High Value: 259,796
  • Low Value: 168,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,895
  • First Open Lien Mortgage Lender: GULF COAST BANK
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $204,895
  • 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: May 24, 2052

    Market Valuation

  • Market Total Value: $158,490
  • Market Land Value: $42,760
  • Market Improvement Value: $115,730

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,849
  • Assessed Land Value: $4,276
  • Assessed Improvements Value: $11,573

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11888242521
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20957
  • Previous Sale Recording Date: Jul 11, 2019
  • Previous Sale Contract Date: Jul 10, 2019
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GULF COAST BANK
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $204,895
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: HOME POINT FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jul 11, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 227 Levy Drive located in?
The 227 Levy Drive is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 227 Levy Drive?
The average sales price for units in 227 Levy Drive is $0 currently.

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