827 Fairmont Lane

827 Fairmont Lane has been categorized by the local assessors in Lafayette, LA as a residential type of property. The building on the property was first built in 1975 and is 49 years old. In addition, 827 Fairmont Lane has 1,317 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 280 ft. The area measurement of the land has been determined as 8,712 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. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The property was last sold in Feb 21, 2020 for $126,650. That's $96.17 per sqft. Prior to that sales transaction, the property was also sold in Dec 5, 2018 for $51,000. 827 Fairmont Lane was last assessed in 2022. The total value of the property was assessed at $10,817. Specifically, the land the property is located on was valued at $940. While improvements on the property were assessed at a total of $9,877. 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 $492. 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. 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.