6 Beds   5 Baths   Single-Family
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Virginia Ave
Lafayette, LA 70507

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Status: Inactive
Listing ID: 59830137
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Learn about Virginia Ave in Lafayette, LA

This single-family property is available as a foreclosure at Virginia Ave. Based on our analysis of the current market conditions in Lafayette for Virginia Ave and comparable listings, the estimated market value is $306,254. The property located at single-family has potential equity of $62,493. If purchased for rental purposes, the monthly rental rate could range between $1,470 and $1,790. For those interested in resale, the estimated profit from selling is $62,493. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Virginia Ave are updated daily along with others in Lafayette, Louisiana.

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Property Information

  • Price: $249,900
  • Bedrooms: 6
  • Bathrooms: 5
  • Full Baths: 5
  • Total Square Feet: 4,300
  • Lot Size: 0.88 acres
  • Style: New Traditional
  • Fireplace: Yes
  • Heating Type: Central Furnace
  • Air Conditioning: Central A/C
  • Source ID: 23001800
  • Day(s) On Site: 82
  • Subdivision: Virginia Hills
  • Elementary School: Evangeline
  • Junior High School: Acadian, Acadian
  • Senior High School: Carencro
  • Property Type: Single Family Dwelling

Public Records

  • Land Area Sqft: 38,415
  • APN: 00013537
  • Property Type: Single Family Residence
  • Front Footage: 150
  • Depth Footage: 256


The property located at Virginia Ave in Lafayette, LA is listed as a Foreclosure

Properties like Virginia Ave in Lafayette, Louisiana listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Lafayette, LA. The longer lenders own properties like this on Virginia Ave, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for Virginia Ave located in Lafayette, LA is $1,630/month. Comparable homes around Virginia Ave that are rentals have monthly ranges starting as low as $1,470 per month and as high as $1,790 per month. An owner looking to use this property as an investment could bring a return in the area of $1,470 - $1,790 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Virginia Ave
Lafayette, LA 70507

6 Beds   5 Baths   Single-Family


Status: Inactive Listing ID: 59830137

Property Information

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Public Records

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Property Description

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