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318 Parkside Drive

318 Parkside Drive, Lafayette, LA 70501
Property in Lafayette
Sold Dec 28, 2018
$419,500
$335,600 by Rayne State Bank & Trust Co
Mortgage Due Jan 01, 2049
Sold Oct 29, 2012
$310,000
$279,000 by Iberiabank Mortgage Co
Mortgage Due Nov 01, 2042
318 Parkside Drive in Lafayette, LA was first built in 1939 and is 85 years old. This has been categorized as a residential property type. 318 Parkside Drive has 1,975 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. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 300 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. 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, 318 Parkside Drive sold most recently in Dec 18, 2018 for a total of $419,500. If you work out the math, that's approximately a cost of $212.41 per sqft. Before that, the property was also sold for $310,000 in Oct 26, 2012. 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 $3,175 in taxes each year. 318 Parkside Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $36,461. If we break it down further, the land itself was valued at $3,131. Improvements to the property, however, were assessed at a total of $33,330. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 300
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,975
  • Building Area: 1,975
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,975
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUVENIR HEIGHTS
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOTS 36 37 38 BLK 4 SOUVENIR HTS

Ownership

  • Current Owner : MUNSON CHRISTOPHER ROBERT
  • Current Owner 2: PICARD JOY SUZANNE
  • Previous Owner : HYDE BRANDON LEON
  • Previous Owner 2: HYDE SARAH BETH ALEXANDER
  • Owner Before Previous Owner: PURGAHN CHARLES HEWITT
  • Owner Before Previous Owner 2: PURGAHN SANDRA GIAL ROBERTS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 000100

Geography

  • District: 04
  • Parcel: 6053849
  • Block: 4
  • Lot: 36-38
  • Meridian: SEC 060 TWN 09S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.2239
  • Longitude: -92.0257

    Address

  • Full Address: 318 Parkside Dr
  • Address - House Number: 318
  • Address - Street Name: Parkside
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C044
  • 4-Digit Zip Code: 6742
  • Zip Code: 70501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,175
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 80
  • Final Value: 519,812
  • High Value: 602,228
  • Low Value: 437,396

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,600
  • First Open Lien Mortgage Lender: RAYNE STATE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 28, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $335,600
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $364,610
  • Market Land Value: $31,310
  • Market Improvement Value: $333,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,461
  • Assessed Land Value: $3,131
  • Assessed Improvements Value: $33,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Dec 28, 2018
  • Current Sale Transaction ID: 11558113559
  • Current Sale Price: $419,500
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2018-00043413
  • Previous Sale Recording Date: Oct 29, 2012
  • Previous Sale Contract Date: Oct 26, 2012
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RAYNE STATE BANK & TRUST CO
  • First Mortgage Transaction Date: Dec 28, 2018
  • First Mortgage Loan Amount: $335,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 29, 2012
  • Previous Mortgage Loan Amount: $279,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2042

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Frequently Asked Questions

What neighborhood is 318 Parkside Drive located in?
The 318 Parkside Drive is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 318 Parkside Drive?
The average sales price for units in 318 Parkside Drive is $0 currently.

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