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527 Morningside Drive

527 Morningside Drive, Lake Charles, LA 70605
House in Calcasieu
Sold May 04, 2020
$150,000
$147,283 by Gmfs Llc
Mortgage Due Jun 01, 2050
Sold Jun 02, 2016
$159,900
$119,925 by Jeff Davis Bank & Trust Co
Mortgage
527 Morningside Drive has been categorized by the local assessors in Lake Charles, LA as a residential type of property. The area measurement of the land has been determined as 757 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 527 Morningside Drive sold most recently in May 1, 2020 for a total of $150,000. Before that, the property was also sold for $159,900 in Jun 1, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $317 in taxes each year. The initial year of tax delinquency occurred in 2019. 527 Morningside Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,600. If we break it down further, the land itself was valued at $1,340. Improvements to the property, however, were assessed at a total of $8,260. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 757
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION UNIVERSITY PLAC
  • Land Acres: 0.017
  • Standard Land Use Code: Single family residential
  • Legal Description 1: @301008-1940-12 0008 0000 LOT 8 BLK 12 UNIVERSITY PLACE PART D REF1-LEGON J WALLACE B 890 P 606-64 REF2-FLORENCE ELDA WALLACE

Ownership

  • Current Owner : THOMAS TARA NICOLE
  • Previous Owner : ISON JACOB BRENNAN
  • Owner Before Previous Owner: WALLER TREVOR L
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Calcasieu Parish School District
  • Census Tract: 001302

Geography

  • District: 3L
  • Parcel: 00450324
  • Block: 12
  • Lot: 8
  • Meridian: SEC 30 TWN 10 RNG 08
  • Municipality: LAKE CHARLES WARD
  • Latitude: 30.166
  • Longitude: -93.2281

    Address

  • Full Address: 527 Morningside Dr
  • Address - House Number: 527
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Lake Charles
  • Carrier Code: C090
  • 4-Digit Zip Code: 6519
  • Zip Code: 70605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $317
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 164,356
  • High Value: 239,390
  • Low Value: 89,321

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $161,033
  • First Open Lien Mortgage Lender: GMFS LLC
  • First Open Lien Mortgage Recording Date: May 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $147,283
  • 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: Jun 01, 2050
  • Second Open Lien Mortgage Lender: HUD
  • Second Open Lien Mortgage Recording Date: Apr 14, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $6,875
  • Second Open Lien Mortgage Term: 349
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050
  • Third Open Lien Mortgage Lender: HUD
  • Third Open Lien Mortgage Recording Date: Jul 26, 2021
  • Third Open Lien Mortgage Financing Type: Fixed Rate
  • Third Open Lien Mortgage Loan Amount: $6,875
  • Third Open Lien Mortgage Term: 346
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $96,000
  • Market Land Value: $13,400
  • Market Improvement Value: $82,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,600
  • Assessed Land Value: $1,340
  • Assessed Improvements Value: $8,260

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11759883708
  • Current Sale Price: $150,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 3388394
  • Previous Sale Recording Date: Jun 02, 2016
  • Previous Sale Contract Date: Jun 01, 2016
  • Previous Sale Amount: $159,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GMFS LLC
  • First Mortgage Transaction Date: May 04, 2020
  • First Mortgage Loan Amount: $147,283
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JEFF DAVIS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jun 02, 2016
  • Previous Mortgage Loan Amount: $119,925
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Lake Charles



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Frequently Asked Questions

What neighborhood is 527 Morningside Drive located in?
The 527 Morningside Drive is a house located in the neighborhood of Calcasieu in Lake Charles, Lake Charles.
What is the average sales price for listings in 527 Morningside Drive?
The average sales price for units in 527 Morningside Drive is $160,000 , or $103/sqft. currently.

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