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402 Old Cypress Drive

402 Old Cypress Drive, Broussard, LA 70518
Property in Lafayette
Sold May 04, 2015
$295,000
$250,750 by Quicken Loans Inc
Mortgage Due May 01, 2045
Sold Jul 21, 2014
$292,000
402 Old Cypress Drive in Broussard, LA was first built in 2014 and is 10 years old. This has been categorized as a residential property type. 402 Old Cypress Drive has 2,442 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 570 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 541 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B. 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, 402 Old Cypress Drive sold most recently in May 1, 2015 for a total of $295,000. If you work out the math, that's approximately a cost of $120.80 per sqft. Before that, the property was also sold for $292,000 in Jul 18, 2014. 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 $1,903 in taxes each year. 402 Old Cypress Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $29,419. If we break it down further, the land itself was valued at $4,261. Improvements to the property, however, were assessed at a total of $25,158. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 541
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 570
  • Total Building Area: 2,442
  • Building Area: 2,442
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,442
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS MEADOWS PH I
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 118 CYPRESS MEADOWS PH I (57X115)

Ownership

  • Current Owner : MARCKS DEREK JOHN
  • Current Owner 2: MARCKS KARY MICHELLE
  • Previous Owner : WEEKS DAVID B
  • Previous Owner 2: WEEKS MARY H
  • Owner Before Previous Owner: STE MARIE HOME BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001427

Geography

  • District: 02
  • Subdivision Phase Number: 1
  • Parcel: 6147615
  • Lot: 118
  • Meridian: SEC 004 TWN 11S RNG 05E
  • Municipality: BROUSSARD
  • Latitude: 30.1139
  • Longitude: -91.9716

    Address

  • Full Address: 402 Old Cypress Dr
  • Address - House Number: 402
  • Address - Street Name: Old Cypress
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Broussard
  • Carrier Code: R005
  • 4-Digit Zip Code: 7756
  • Zip Code: 70518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,903
  • Tax Rate Code Area: 02

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 72
  • Final Value: 358,114
  • High Value: 431,747
  • Low Value: 284,481

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,750
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 04, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $250,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2045

    Market Valuation

  • Market Total Value: $294,190
  • Market Land Value: $42,610
  • Market Improvement Value: $251,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,419
  • Assessed Land Value: $4,261
  • Assessed Improvements Value: $25,158

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2015
  • Current Sale Recording Date: May 04, 2015
  • Current Sale Transaction ID: 1223243518
  • Current Sale Price: $295,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015-00016272
  • Previous Sale Recording Date: Jul 21, 2014
  • Previous Sale Contract Date: Jul 18, 2014
  • Previous Sale Amount: $292,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 04, 2015
  • First Mortgage Loan Amount: $250,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Broussard



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Frequently Asked Questions

What neighborhood is 402 Old Cypress Drive located in?
The 402 Old Cypress Drive is a located in the neighborhood of Lafayette in Broussard, Broussard.
What is the average sales price for listings in 402 Old Cypress Drive?
The average sales price for units in 402 Old Cypress Drive is $0 currently.

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