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408 Magnolia Knee Drive

408 Magnolia Knee Drive, Carencro, LA 70520
Property in Lafayette
Sold Feb 21, 2020
$162,000
$129,600 by Fidelity Bank
Mortgage Due Mar 01, 2050
Sold Feb 03, 2017
$158,000
$155,138 by Assurance Financial Group Llc
Mortgage Due Mar 01, 2047
408 Magnolia Knee Drive in Carencro, LA was first built in 2013 and is 11 years old. This has been categorized as a residential property type. 408 Magnolia Knee Drive has 1,501 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 550 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 4,792 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 404 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. 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, 408 Magnolia Knee Drive was last sold in Feb 20, 2020 for $162,000. According to our calculations, that's $107.93 per sqft. Prior to that sales transaction, the property was sold for $158,000 in Feb 3, 2017. Current property owners are expected to pay $692 in taxes per year. The property on 408 Magnolia Knee Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $15,258. To break that down further, the land itself was valued at $2,244. While improvements to the property were assessed at a total of $13,014. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 404
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,501
  • Building Area: 1,501
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,501
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRENCHMANS TRAIL PH IIA
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 20 FRENCHMANS TRAIL PH II-A (55X90.82X55X90.62)

Ownership

  • Current Owner : TAYLOR ASHLEY RENEE
  • Previous Owner : BROOK PETER DOUGLAS
  • Owner Before Previous Owner: JINRIGHT JASON VINCE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 002101

Geography

  • District: 88
  • Subdivision Phase Number: 2
  • Parcel: 6145012
  • Lot: 20
  • Meridian: SEC 032 TWN 08S RNG 04E
  • Municipality: UNINCORPORATED
  • Latitude: 30.3083
  • Longitude: -92.0829

    Address

  • Full Address: 408 Magnolia Knee Dr
  • Address - House Number: 408
  • Address - Street Name: Magnolia Knee
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Carencro
  • Carrier Code: R008
  • 4-Digit Zip Code: 6280
  • Zip Code: 70520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $692
  • Tax Rate Code Area: 88

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 203,151
  • High Value: 250,998
  • Low Value: 155,303

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $162,000
  • First Open Lien Mortgage Lender: FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Feb 21, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $129,600
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: LOUISIANA HOUSING CORP
  • Second Open Lien Mortgage Recording Date: Feb 21, 2020
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $32,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $152,580
  • Market Land Value: $22,440
  • Market Improvement Value: $130,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,258
  • Assessed Land Value: $2,244
  • Assessed Improvements Value: $13,014

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Transaction ID: 11745648856
  • Current Sale Price: $162,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2020-00006527
  • Previous Sale Recording Date: Feb 03, 2017
  • Previous Sale Contract Date: Feb 03, 2017
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY BANK
  • First Mortgage Transaction Date: Feb 21, 2020
  • First Mortgage Loan Amount: $129,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050
  • Second Mortgage Lender: LOUISIANA HOUSING CORP
  • Second Mortgage Transaction Date: Feb 21, 2020
  • Second Current Mortgage Financing Type: Fixed Rate
  • Second Mortgage Loan Amount: $32,400
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • Previous Mortgage Transaction Date: Feb 03, 2017
  • Previous Mortgage Loan Amount: $155,138
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2047

About Lafayette



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Frequently Asked Questions

What neighborhood is 408 Magnolia Knee Drive located in?
The 408 Magnolia Knee Drive is a located in the neighborhood of Lafayette in Lafayette, Carencro.
What is the average sales price for listings in 408 Magnolia Knee Drive?
The average sales price for units in 408 Magnolia Knee Drive is $0 currently.

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