See Home Value
Lafayette 70503
510 Farmington Drive
$1,068,417*
House - Off Market

510 Farmington Drive

Lafayette, LA 70503
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4666 Sqft
$720,000 - $878,000
Reference Base Price*
33.72%
Since Nov 1, 2020
National-US
Primary Model
Sold Dec 14, 2020
$760,000
$608,000 by Us Bank Na
Mortgage Due Jan 01, 2051
Sold Apr 10, 2017
$785,000
$703,459 by Security America Mortgage Inc
Mortgage Due Apr 01, 2047

About This Property

Luxury, splendor, and opulence await you in this absolutely stunning Fernewood property in central Lafayette. Located on huge corner lot of just under half an acre, this home is one that you must see in person to fully appreciate.  It is impressive in design, with over $140,000 of recent improvements and located in one of Lafayette's most sought-after and established neighborhoods. This beauty offers 4,666 square feet of living space, which is inclusive of 4 bedrooms, 3.1 bathrooms, with a separate 946 square foot guest home with living room, full kitchen, guest bathroom, an outdoor pool, and a 5 car garage and workshop.  This home is nothing short of spectacular!

The manager has listed the unit size as 4666 square feet.
Unit Size
4,666Ft²
Days on Market
-
Land Size
-
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

Price History

Date / Event Date Event Price
Dec 14, 2020 Sold to Christopher B Gill, Leslie ... $760,000
Sold to Christopher B Gill, Leslie ...
Oct 28, 2020 No longer available -
No longer available
Sep 23, 2020 Price Decreased $799,000
↓ $41K (4.9%)
Price Decreased
Sep 5, 2020 Price Decreased $840,000
↓ $35K (4%)
Price Decreased
Jul 29, 2020 Relisted $895,000
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B+
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 826
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,312
  • Total Building Area: 4,666
  • Building Area: 4,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FERNEWOOD PH 5 SECTION 2
  • Land Acres: 0.443
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 136 FERNEWOOD PHASE V SEC II (19,312 SQ FT)

Ownership

  • Current Owner : GILL CHRISTOPHER B
  • Current Owner 2: GILL LESLIE M
  • Previous Owner : PATRICK JOHN MARK
  • Previous Owner 2: PATRICK KACEY NACOLE
  • Owner Before Previous Owner: TRAHAN DRURY GREGORY JAMES
  • Owner Before Previous Owner 2: TRAHAN DRURY RAYE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lafayette Parish School District
  • Census Tract: 001412

Geography

  • District: 04
  • Subdivision Phase Number: 5
  • Parcel: 6085276
  • Lot: 136
  • Meridian: SEC 071 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.1641
  • Longitude: -92.0694

    Address

  • Full Address: 510 Farmington Dr
  • Address - House Number: 510
  • Address - Street Name: Farmington
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C067
  • 4-Digit Zip Code: 8421
  • Zip Code: 70503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,271
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.1626
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 901,099
  • High Value: 1,047,685
  • Low Value: 754,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $608,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Dec 14, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $608,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $756,290
  • Market Land Value: $116,880
  • Market Improvement Value: $639,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,629
  • Assessed Land Value: $11,688
  • Assessed Improvements Value: $63,941

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 14, 2020
  • Current Sale Transaction ID: 11809438698
  • Current Sale Price: $760,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2020-00045903
  • Previous Sale Recording Date: Apr 10, 2017
  • Previous Sale Contract Date: Mar 27, 2017
  • Previous Sale Amount: $785,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Dec 14, 2020
  • First Mortgage Loan Amount: $608,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY AMERICA MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 10, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $703,459
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lafayette


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$2,100 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,895 ft²
Listing by Natalie Broussard
Unit for rent at

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,450 ft²
Listing by Manager


Frequently Asked Questions

When was property at 510 Farmington Drive built and last sold?
The property at 510 Farmington Drive was built in 1997 and last sold on Dec 11, 2020 for $760,000.
How much is this home worth?
The estimated value of the home located at 510 Farmington Drive is $796,842.
What are some comparable homes to 510 Farmington Drive?
There are currently no comparable homes to 510 Farmington Drive.

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