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518 S Magnolia St, Lafayette, LA, 70501

$150,000

Home List Price

$1,781*

Closing Credit

3 Bedrooms
2 Full Baths
1,092 SqFt
$137/SqFt
House

Location

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518 S Magnolia St, Lafayette$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOpen
Year Built2024
HeatingCentral
CoolingCentral Air
MLS #24010158
StatusActive

About 518 S Magnolia St

Welcome to this stunning new construction home, where modern design meets effortless comfort. Step inside to an open floor plan that seamlessly connects the spacious living, dining, and kitchen areas, perfect for entertaining and everyday living. The light and bright color palette enhances the airy feel of this beauty. The kitchen is a chef's dream, featuring sleek countertops and ample storage. Throughout the home, you'll find beautiful, low-maintenance flooring - no carpet in sight - offering a clean and sophisticated look. Each bedroom offers generous space and style, with a luxurious primary suite that includes a spa-like bathroom and a spacious walk-in closet. Outside, enjoy a private backyard ready for your personal touch. This home combines style and function, creating the perfect place to live, gather, and grow. This home also offers open parking with a durable concrete driveway, providing plenty of space for vehicles. For added flexibility, two extra concrete spots in the back are ideal for additional parking or as a foundation for a future storage building. Whether you need extra space for guests, a workshop, or a hobby space, this home has you covered. Whether you are looking for the perfect Buy & Hold investment opportunity or your personal home...Don't miss this gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Stories: 1
  • Living Area: 1,092 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Justin Gauthreaux

Interior Features

Interior Information:

  • Flooring Type: Concrete
  • Interior: Electric Dryer Con, Electric Stove Con, Electric Washer Con, Granite Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Open

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head northwest on Ambassador Caffery Pkwy. Turn right at the 1st cross street onto LA-339 N/Verot School Rd. Turn left onto Aymar Rd Pass by McDonald's (on the right). Turn left onto W Pinhook Rd. Pass by Firestone Complete Auto Care. Use the 2nd from the left lane to turn left onto SE Evangeline.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $671
  • 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

518 S Magnolia St vs Lafayette

47 DAYS ON ROCKET

-14 Days

$150,000

-$84.8K Less

$137/SqFt

-$4 Less

KEY TAKEAWAY

This property is $84.8K less than the Median Sold Price and $4/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: #24010158

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Justin Gauthreaux

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$671$6,409
2019$671$6,409
2018$643$6,409
2017$653$6,409

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-13871
10
/10

  • Myrtle Place Elementary School

  • 1100 Myrtle Pl

  • 1.43 miles

  • Public District Grades PK-5

school-card-donut-13872
4
/10

  • J.W. Faulk Elementary School

  • 711 E Willow St

  • 1.50 miles

  • Public District Grades PK-5

school-card-donut-13873
3
/10

  • Alice N. Boucher Elementary School

  • 400 Patterson St

  • 1.80 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 $23,714. Most Lafayette, LA residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma 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.

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 518 S Magnolia St

What is the listing price of this property?

The listing price of 518 S Magnolia St property is $150,000.

What type of property is this?

The property 518 S Magnolia St is a house located in Lafayette, Louisiana, 70501.

Is this property for sale now?

Active Listing: 518 S Magnolia St 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 $671 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 518 S Magnolia St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 518 S Magnolia St is 1,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 S Magnolia St is 2024.

Rocket Homes›Louisiana›Lafayette County›Lafayette›70501›518 S Magnolia St

This home is located at 518 S Magnolia St in Lafayette, LA and zip code 70501. This 1,092 square foot home was built in 2024. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $150,000.

Lafayette, LA housing market in November 2024 saw over 12 listings sold above listed price, more than 48 sold at listed price and over 68 sold below. Between October 2024 and November 2024, Lafayette, LA real estate market has seen decrease in the number of listings by 3.6%. Listings spent 61 days on the market in November 2024, and had a median list price of $234,868 during the same period.

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

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