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514 Broadmoor Boulevard

514 Broadmoor Boulevard, Lafayette, LA 70503
Property in Lafayette
Sold Feb 05, 2021
$170,000
$166,920 by Mid American Mortgage Inc
Mortgage Due Mar 01, 2051
514 Broadmoor Boulevard in Lafayette, LA was first built in 1971 and is 53 years old. This has been categorized as a residential property type. 514 Broadmoor Boulevard has 2,086 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 60 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 480 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of D. 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, 514 Broadmoor Boulevard sold most recently in Feb 5, 2021 for a total of $170,000. If you work out the math, that's approximately a cost of $81.50 per sqft. 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 $1,826 in taxes each year. 514 Broadmoor Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,471. If we break it down further, the land itself was valued at $3,783. Improvements to the property, however, were assessed at a total of $16,688. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 60
  • Total Building Area: 2,086
  • Building Area: 2,086
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,086
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROADMOOR TERRACE EXTENSION NO
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 323 BROADMOOR TERRACE SUB EXT 4 (87.6X125)

Ownership

  • Current Owner : LIZOTTE NICOLA ELIZABETH
  • Current Owner 2: MAXWELL MELINDA BASSO
  • Previous Owner : CROSS JO ELLEN GASTON
  • Previous Owner 2: GREENE CANDACE CROSS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 04
  • Parcel: 6025683
  • Lot: 323
  • Meridian: SEC 067 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.173
  • Longitude: -92.0614

    Address

  • Full Address: 514 Broadmoor Blvd
  • Address - House Number: 514
  • Address - Street Name: Broadmoor
  • Address - Suffix Type: Blvd
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C036
  • 4-Digit Zip Code: 5204
  • Zip Code: 70503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,826
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 252,871
  • High Value: 305,712
  • Low Value: 200,030

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,920
  • First Open Lien Mortgage Lender: MID AMERICAN MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $166,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $204,710
  • Market Land Value: $37,830
  • Market Improvement Value: $166,880

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,471
  • Assessed Land Value: $3,783
  • Assessed Improvements Value: $16,688

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Transaction ID: 11816507704
  • Current Sale Price: $170,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2021-00005482

    Last Sale Mortgage

  • First Mortgage Lender: MID AMERICAN MORTGAGE INC
  • First Mortgage Transaction Date: Feb 05, 2021
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lafayette



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Frequently Asked Questions

What neighborhood is 514 Broadmoor Boulevard located in?
The 514 Broadmoor Boulevard is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 514 Broadmoor Boulevard?
The average sales price for units in 514 Broadmoor Boulevard is $0 currently.

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