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343 Ridge Road

343 Ridge Road, Lafayette, LA 70506
Land in Lafayette
343 Ridge Road in Lafayette, LA was first built in 1860 and is 166 years old. This has been categorized as a property type. 343 Ridge Road has 1,798 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 923,472 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . 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, 343 Ridge Road sold most recently in Jul 19, 2022 for a total of $1,500,000. If you work out the math, that's approximately a cost of $834.26 per sqft. Before that, the property was also sold for $1,385,208 in Jul 19, 2022. 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 $1,449,751 in taxes each year. 343 Ridge Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $6,398. If we break it down further, the land itself was valued at $3,098. Improvements to the property, however, were assessed at a total of $3,300. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20180531
05/31/2018
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
Kevin McKay
HUNCO Real Estate


Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 923,472
  • Total Building Area: 1,798
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000021200
  • Standard Land Use Code: 1001
  • County Land Use Code: 4000
  • Legal Description 1: TR 5 SEC 17 T10S R4E (21.20 AC)

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001905

Geography

  • District: 04
  • Subdivision Tract Number: 5
  • Parcel: 6067437
  • Meridian: SEC 17 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.1802
  • Longitude: -92.084

    Address

  • Full Address: 343 Ridge Rd
  • Address - House Number: 343
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: LA
  • City Name: Lafayette
  • Carrier Code: R005
  • 4-Digit Zip Code: 7205
  • Zip Code: 70506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,449,751
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 1,450,137
  • High Value: 1,769,493
  • Low Value: 1,130,781

    Market Valuation

  • Market Total Value: $63,980
  • Market Land Value: $30,980
  • Market Improvement Value: $33,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,398
  • Assessed Land Value: $3,098
  • Assessed Improvements Value: $3,300

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29074
  • Previous Sale Recording Date: Jul 19, 2022
  • Previous Sale Contract Date: Jul 19, 2022
  • Previous Sale Amount: $1,385,208
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Lafayette



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Frequently Asked Questions

What neighborhood is 343 Ridge Road located in?
The 343 Ridge Road is a land located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 343 Ridge Road?
The average sales price for units in 343 Ridge Road is $0 currently.