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501 Harrell Drive

501 Harrell Drive, Lafayette, LA 70503
Property in Lafayette
Sold Dec 23, 2021
$215,000
$198,412 by Plaza Home Mortgage Inc
Mortgage Due Jan 01, 2052
Sold May 17, 2021
$92,000
$147,110 by Bank Of Abbeville & Trust Co
Mortgage
501 Harrell Drive in Lafayette, LA was first built in 1860 and is 164 years old. This has been categorized as a residential property type. 501 Harrell Drive has 1,699 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 1,000 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 13,504 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 400 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. The property was last sold in Dec 23, 2021 for $215,000. That's $126.55 per sqft. Prior to that sales transaction, the property was also sold in May 13, 2021 for $92,000. 501 Harrell Drive was last assessed in 2022. The total value of the property was assessed at $20,227. Specifically, the land the property is located on was valued at $4,049. While improvements on the property were assessed at a total of $16,178. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,477. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,699
  • Building Area: 1,699
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,699
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND GLADE SUBDIVISION EXTENS
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 77 GRAND GLADE SUB EXT 1 (100X135)

Ownership

  • Current Owner : ANDERSON JAMES G
  • Current Owner 2: ANDERSON MICHELLE
  • Previous Owner : RED ROYAL PROPERTIES LLC
  • Owner Before Previous Owner: MRL TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001700

Geography

  • District: 04
  • Parcel: 6040703
  • Lot: 77
  • Meridian: SEC 064 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.1782
  • Longitude: -92.0611

    Address

  • Full Address: 501 Harrell Dr
  • Address - House Number: 501
  • Address - Street Name: Harrell
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C040
  • 4-Digit Zip Code: 4934
  • Zip Code: 70503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,477
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 241,016
  • High Value: 292,122
  • Low Value: 189,910

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $202,173
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $198,412
  • 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, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Aug 02, 2023
  • Second Open Lien Mortgage Loan Amount: $3,761
  • Second Open Lien Mortgage Term: 340
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $202,270
  • Market Land Value: $40,490
  • Market Improvement Value: $161,780

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,227
  • Assessed Land Value: $4,049
  • Assessed Improvements Value: $16,178

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11875891190
  • Current Sale Price: $215,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 56988
  • Previous Sale Recording Date: May 17, 2021
  • Previous Sale Contract Date: May 13, 2021
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $198,412
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF ABBEVILLE & TRUST CO
  • Previous Mortgage Transaction Date: May 17, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $147,110
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Lafayette



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Unit for rent at 165 Antigua Drive, Lafayette, LA, 70503

$1,600 /mo

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  • 1,233 ft²
165 Antigua Drive, Lafayette, LA, 70503 Listing by Jeannie DelGreco

Frequently Asked Questions

What neighborhood is 501 Harrell Drive located in?
The 501 Harrell Drive is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 501 Harrell Drive?
The average sales price for units in 501 Harrell Drive is $0 currently.

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