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624 Cambridge Drive

624 Cambridge Drive, Lafayette, LA 70503
Property in Lafayette
Sold Sep 20, 2021
$265,000
$182,700 by United Wholesale Mortgage
Mortgage Due Oct 01, 2051
Local assessors in Lafayette, LA have categorized 624 Cambridge Drive as a residential type of property. The home was built in 1860 and is 164 years old. The property's lot size has been calculated to be 16,553 square feet. The linear feet between the front and back of the lot was measured at 1,620 ft and the front of the lot was measured at 1,000 ft. If we look only at the heated or air conditioned part of the building, then 624 Cambridge Drive has a total of 3,000 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 average. 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 - C. The property was last sold in Sep 17, 2021 for $265,000. That's $88.33 per sqft. 624 Cambridge Drive was last assessed in 2022. The total value of the property was assessed at $24,501. Specifically, the land the property is located on was valued at $5,001. While improvements on the property were assessed at a total of $19,500. 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 $2,324. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,000
  • Building Area: 3,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERSIDE DRIVE SUBDIVISION
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 310 RIVERSIDE DR SUB (100X162X100X161.04) P LOT 321 RIVERSIDE DR SUB (5X100)

Ownership

  • Current Owner : GRACIANA CHRISTOPHER JOSEPH
  • Current Owner 2: GRACIANA STEPHANIE
  • Previous Owner : JOSEPH SR GRACIANA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Geography

  • District: 04
  • Parcel: 6035418
  • Lot: 310,321
  • Meridian: SEC 060 TWN 10S RNG 04E
  • Municipality: CITY OF LAFAYETTE
  • Latitude: 30.1834
  • Longitude: -92.0492

    Address

  • Full Address: 624 Cambridge Dr
  • Address - House Number: 624
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Lafayette
  • Carrier Code: C038
  • 4-Digit Zip Code: 4380
  • Zip Code: 70503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,324
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 344,289
  • High Value: 417,294
  • Low Value: 271,285

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,700
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $182,700
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $245,010
  • Market Land Value: $50,010
  • Market Improvement Value: $195,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,501
  • Assessed Land Value: $5,001
  • Assessed Improvements Value: $19,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11859354645
  • Current Sale Price: $265,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2021-00042715

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $182,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 624 Cambridge Drive located in?
The 624 Cambridge Drive is a located in the neighborhood of Lafayette in Lafayette, Lafayette.
What is the average sales price for listings in 624 Cambridge Drive?
The average sales price for units in 624 Cambridge Drive is $0 currently.

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