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502 Lancaster Dr, Lafayette, LA, 70506

$190,000

Home List Price

$2,256*

Closing Credit

3 Bedrooms
2 Full Baths
1,549 SqFt
$123/SqFt
House

Location

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502 Lancaster Dr, Lafayette$190,000

Buyer Closing Credits

$2,256*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
HeatingCentral, Electric
CoolingCentral Air
Fireplace1 Fireplace, Wood Burning
MLS #24009812
StatusActive

About 502 Lancaster Dr

Looking for an investment property or first time home buyer. This home has great potential. Plenty of parking. Large game room, separate garage/shop. Fresh paint and new baseboards throughout.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Stories: 1
  • Living Area: 1,549 SqFt

Listing Office:

  • Office Name: NextHome Cutting Edge Realty
  • Office Email: nhceroffice@gmail.com
  • Listing Agent: Christie House Theaux

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Dishwasher, Disposal
  • Flooring Type: Tile, Wood Laminate
  • Interior: Walk-In Closet(s), Vaulted Ceilings, Some Window Treatments, Electric Dryer Con, Attic Access, 9+ Ft Ceiling, Electric Stove Con, Separate Shower, Granite Counters
  • Fireplace: 1 Fireplace, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Wooded

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 167 (Johnston St) South, take right on Bourque Rd, travel 1 mile down and take left on Lancaster. Last house on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $190,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $1,446
  • 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

$234.2K

Med. Price/SqFt

$140

Avg. Days On Market

53

# of Sold Homes

138

502 Lancaster Dr vs Lafayette

33 DAYS ON ROCKET

-20 Days

$190,000

-$44.2K Less

$123/SqFt

-$18 Less

KEY TAKEAWAY

This property is $44.2K less than the Median Sold Price and $18/SqFt less 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: #24009812

Listing Office:

  • Office Name: NextHome Cutting Edge Realty
  • Office Email: nhceroffice@gmail.com
  • Listing Agent: Christie House Theaux

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: 11/23/2024, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 2020Home Sold
$154,200
Mar 07, 2018Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,446$16,375
2019$1,446$13,539
2018$1,137$13,430
2017$1,150$13,430

History based on county public records data.

Payment Calculator

$1,016

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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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-1025080
8
/10

  • Cecil Picard Elementary School at Maurice

  • 203 S Albert St

  • 1.77 miles

  • Public District Grades PK-5

school-card-donut-1025081
8
/10

  • Ridge Elementary School

  • 2901 S Fieldspan Rd

  • 2.09 miles

  • Public District Grades PK-5

school-card-donut-1025082
7
/10

  • Charles M. Burke Elementary School

  • 2845 Ridge Rd

  • 4.40 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 $47,321. Typical income of Lafayette, LA residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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.

Types of housing 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.

What is it like to live in Lafayette, LA?

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.

Is it easy to get around Lafayette, LA without a car?

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.

Transportation in Lafayette, LA.

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 502 Lancaster Dr

What is the listing price of this property?

The listing price of 502 Lancaster Dr property is $190,000.

What type of property is this?

The property 502 Lancaster Dr is a house located in Lafayette, Louisiana, 70506.

Is this property for sale now?

Active Listing: 502 Lancaster Dr 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 $1,446 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 16, 2020 for $154,200. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 Lancaster Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 Lancaster Dr is 1,549 SqFt (source: MLS/tax record).

Rocket Homes›Louisiana›Lafayette County›Lafayette›70506›502 Lancaster Dr

This home is located at 502 Lancaster Dr in Lafayette, LA and zip code 70506. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $190,000.

In October 2024, from all listings sold in Lafayette, LA there were more than 11 sold above asking price, over 78 sold below and more than 49 were sold right at the asked price. The number of homes for sale in Lafayette, LA increased by 3.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $234,222, while the average time on the real estate market was 53 days.

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

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