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505 Colonial Dr; Lafayette, LA Property Details

505 Colonial Dr, Lafayette, LA is a Single Family that was built in 1860. This property is currently Financed and is not for sale. Our records show that 505 Colonial Dr has a total of 2,770 square feet. The lot size of 505 Colonial Dr is 15,682 square feet.

Off market
505 Colonial Dr Lafayette, LA 70506
$25,085 Estimated Value
2,770 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1860
  • Purchase Price: $300,000
  • Open Loans / Balance: 1 / $184,402
  • Est. Equity / %: $146,598 / 44.29%
  • Gross Yield: 9.868%
  • APN: 6053208
  • Situs County: Lafayette
  • Length Of Ownership: 4 years, 2 months

Structure

  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 2,770/SqFt
  • Lot: 15,682/SqFt
  • Garage: 543/SqFt
  • Living: 2,770/SqFt
  • Building: 2,770/SqFt
  • Price Per Square Foot: $108.30

Legal Description

  • Description: LOT 45 OAKLAWN HTS ADDITION EXT (110 X 125)
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lafayette Parish School District
  • Lat / Lon: 30.226805 / -92.042435
  • Subdivision: Oaklawn Heights Addition Exten
  • Property Class: Residential
  • County Use Code: 4000

Amenities

  • Plus Four: 3103
  • Garage: Garage

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

505 Colonial Dr has no associated ownership info
505 Colonial Dr has no associated ownership info.

Taxes

505 Colonial Dr has 10 associated Taxes items

505 Colonial Dr, Lafayette, LA pays taxes in Lafayette County, LA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $25,085. The APN we've located for 505 Colonial Dr is 6053208.

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Taxes
  • Assessed Value:  $25,085
  • Assessed Year:  2025
  • Assessed County:  Lafayette
  • APN:  6053208
  • Assessed Land Value:  5420
  • Market Land Value:  54200
  • Tax Amount:  2609.52
  • Tax Year:  2025
  • Market Value:  250850
  • Market Year:  2025

Tax History

505 Colonial Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,085 Land Value $5,420 Improvement Value $19,665 Tax Amount $2,609.52 Change Rate +0.311923% Assessed CR Tax Rate +0.104027%
Year 2024 Assessed Value $25,085 Land Value $5,420 Improvement Value $19,665 Tax Amount $1,989.08 Change Rate +0.025939% Assessed CR Tax Rate +0.079294%
Year 2023 Assessed Value $24,646 Land Value $3,871 Improvement Value $20,775 Tax Amount $1,938.79 Change Rate +0.004305% Assessed CR Tax Rate +0.078666%
Year 2022 Assessed Value $24,646 Land Value $3,871 Improvement Value $20,775 Tax Amount $1,930.48 Change Rate -0.253906% Assessed CR Tax Rate +0.078328%
Year 2021 Assessed Value $24,646 Land Value $3,871 Improvement Value $20,775 Tax Amount $2,587.45 Change Rate +0.003343% Assessed CR Tax Rate +0.104985%
Year 2020 Assessed Value $24,646 Land Value $3,871 Improvement Value $20,775 Tax Amount $2,578.83 Change Rate +0.042596% Assessed CR Tax Rate +0.104635%
Year 2019 Assessed Value $24,646 Land Value $3,871 Improvement Value $20,775 Tax Amount $2,473.47 Change Rate +5.363933% Assessed CR Tax Rate +0.10036%
Year 2018 Assessed Value $10,000 Land Value $2,000 Improvement Value $8,000 Tax Amount $388.67 Change Rate +0.000772% Assessed CR Tax Rate +0.038867%
Year 2017 Assessed Value $10,000 Land Value $2,000 Improvement Value $8,000 Tax Amount $388.37 Change Rate Assessed CR Tax Rate +0.038837%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $388.37 Change Rate -0.001876% Assessed CR Tax Rate
Year 2015 Assessed Value $10,000 Land Value $2,000 Improvement Value $8,000 Tax Amount $389.1 Change Rate -0.007398% Assessed CR Tax Rate +0.03891%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $392 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $10,000 Land Value $2,000 Improvement Value $8,000 Tax Amount Change Rate Assessed CR Tax Rate