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1011 Lee Ave, Lafayette, LA, 70501

$825,000

Home List Price

$9,797*

Closing Credit

5 Bedrooms
3 Full Baths
3,189 SqFt
$259/SqFt
House

Location

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1011 Lee Ave, Lafayette$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built1880
HeatingNatural Gas, Central
CoolingCentral Air
Fireplace1 Fireplace
MLS #24010479
Lot Size0.46 Acres
StatusActive

About 1011 Lee Ave

**Opportunity Zone & New Roof!** Originally built in 1880, this iconic property offers tremendous opportunity as a true commercial and/or residential live work experience. All structures are very well maintained and updated with character and ambiance that only a historical site can offer. Ideal for Spa and wellness center, medical, Office, bed & breakfast, personal residence, bistro, downtown tourist & welcome center, pet boarding/grooming as well as many other options! Price includes the main house: 1011 Lee (4b/2b) and the 1b/1b carriage house in the rear (former popular AirBnB!) Located in the 'Opportunity Zone' within the CBD across from the Juliet boutique hotel and with an abundance of parking in close proximity. Call for additional details! Adjacent property is also available for sale.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 1/2 Story, Acadian, Traditional
  • Year Built: 1880
  • Stories: 2
  • Living Area: 3,189 SqFt

Listing Office:

  • Office Name: Latter & Blum Compass
  • Office Phone: (337) 233-9700
  • Listing Agent: Setareh A Mirian

Interior Features

Interior Information:

  • Appliances: Gas Range, Washer, Dryer, Refrigerator, Dishwasher
  • Flooring Type: Tile, Vinyl Plank, Wood
  • Interior: Walk-In Closet(s), Dual Closets, Double Vanity, Bookcases, Bidet, Electric Dryer Con, Crown Molding, Computer Nook, Built-Ins, Attic Access, All Window Treatments, 9+ Ft Ceiling, Gas Dryer Con, Gas Stove Con, Electric Stove Con, Electric Washer Con, Master Bath, Office
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Outside Light, Porch, Rear Yard Access, Landscaped, Deck, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Zero Lot Line, Level, Additional Land
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Johnston to Jefferson towards downtown, left onto Lee Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $259/SqFt

Tax Information:

  • Annual Amount: $4,904
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lafayette, LA.

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Lafayette, LA

City

Med. Sold Price

$234.8K

Med. Price/SqFt

$140

Avg. Days On Market

61

# of Sold Homes

128

1011 Lee Ave vs Lafayette

36 DAYS ON ROCKET

-25 Days

$825,000

+$590.1K More

$259/SqFt

+$118 More

KEY TAKEAWAY

This property is $590.1K more than the Median Sold Price and $118/SqFt more than other homes in Lafayette, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTOR® Association of Acadiana
  • MLS Number: #24010479

Listing Office:

  • Office Name: Latter & Blum Compass
  • Office Phone: (337) 233-9700
  • Listing Agent: Setareh A Mirian

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Copyright 2024 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,904$47,774
2019$4,904$47,774
2018$4,690$47,774
2017$4,709$47,774

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6746
10
/10

  • Myrtle Place Elementary School

  • 1100 Myrtle Pl

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-6747
3
/10

  • Alice N. Boucher Elementary School

  • 400 Patterson St

  • 1.97 miles

  • Public District Grades PK-5

school-card-donut-6748
4
/10

  • J.W. Faulk Elementary School

  • 711 E Willow St

  • 2.10 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,717. Most Lafayette, LA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lafayette, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lafayette, LA?

Lafayette's housing market showcases a blend of traditional Acadian-style homes, modern condominiums, and spacious single-family residences. The architectural landscape is a testament to the city's rich cultural heritage and contemporary growth. Single-family homes are the cornerstone of the housing sector, while apartments and townhouses offer alternatives for those seeking a more urban living experience. The homeownership rate in Lafayette is robust, reflecting the community's investment in long-term residency.

Is Lafayette, LA a good place to live?

Lafayette prides itself on its vibrant culture, deeply rooted in Cajun and Creole traditions. The city's character is further enriched by its reputation as the 'Heart of Acadiana,' with numerous festivals, including the famous Festival International de Louisiane, celebrating the area's Francophone heritage. The community's spirit is characterized by a blend of historical charm and a dynamic social scene, appealing to both residents and visitors alike.

Are things conveniently located in Lafayette, LA?

The community is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic and extracurricular interests. Healthcare facilities in Lafayette are equipped to provide a spectrum of services, from routine care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering everything from traditional Cajun cuisine to international fare, and the city is proactive in adapting its services to meet the evolving needs of its diverse population.

What does the transportation in Lafayette, LA look like?

Lafayette's transportation infrastructure supports a variety of mobility options, with an emphasis on accommodating both private vehicle travel and public transit users. The city's roadways connect residents to major employment centers and recreational destinations, while public transportation services offer routes that facilitate access to key areas of the city. Walkability varies across neighborhoods, with certain districts offering more pedestrian-friendly environments. The city is continually working to improve transport efficiency and accessibility to ensure a high quality of life for its residents.

Frequently Asked Questions About 1011 Lee Ave

What is the listing price of this property?

The listing price of 1011 Lee Ave property is $825,000.

What type of property is this?

The property 1011 Lee Ave is a house located in Lafayette, Louisiana, 70501.

Is this property for sale now?

Active Listing: 1011 Lee Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,904 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1011 Lee Ave has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1011 Lee Ave is 3,189 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1011 Lee Ave is 1880.

Rocket Homes›Louisiana›Lafayette County›Lafayette›70501›1011 Lee Ave

This home is located at 1011 Lee Ave in Lafayette, LA and zip code 70501. This 3,189 square foot home, which was built in 1880, sits on a 0.46 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $825,000.

In November 2024 more than 12 listings in Lafayette, LA were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 68 were sold below. The number of homes for sale in Lafayette, LA decreased by 3.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $234,868, while the average time on the real estate market was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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