502 Orchid Drive

Local assessors in Lafayette, LA have categorized 502 Orchid Drive as a type of property. The home was built in 1960 and is 66 years old. The property's lot size has been calculated to be 5,227 square feet. If we look only at the heated or air conditioned part of the building, then 502 Orchid Drive has a total of 1,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is . Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - . 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, 502 Orchid Drive sold most recently in Feb 1, 2023 for a total of $38,000. If you work out the math, that's approximately a cost of $38.00 per sqft. Before that, the property was also sold for $2,827 in Jun 16, 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 $37,515 in taxes each year. 502 Orchid Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $3,500. If we break it down further, the land itself was valued at $327. Improvements to the property, however, were assessed at a total of $3,173. 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.