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2616 Lorraine Lane

2616 Lorraine Lane, Lake Charles, LA 70605
Property in Calcasieu
Sold May 19, 2020
$262,000
$222,000 by Usaa Fsb
Mortgage Due Jun 01, 2035
Sold Oct 11, 2016
$190,000
$152,000 by First National Bank Of Louisia
Mortgage Due Nov 01, 2046
2616 Lorraine Lane has been categorized by the local assessors in Lake Charles, LA as a residential type of property. The area measurement of the land has been determined as 1,124 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2616 Lorraine Lane sold most recently in May 18, 2020 for a total of $262,000. Before that, the property was also sold for $190,000 in Oct 10, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $597 in taxes each year. 2616 Lorraine Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,490. If we break it down further, the land itself was valued at $2,570. Improvements to the property, however, were assessed at a total of $9,920. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,124
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ESTATE FRANCOIS
  • Land Acres: 0.025
  • Standard Land Use Code: Single family residential
  • Legal Description 1: @231009-2363- 0005 0000 H LT 5 L'ESTATE FRANCOIS IMPS 95/RMC REF1-ASSESSED WD 3-87 REF2-WILMER S GUILLORY B 2499 P 279-94 REF

Ownership

  • Current Owner : COLEMAN BRIAN C
  • Current Owner 2: COLEMAN DANIELLE W
  • Previous Owner : VERRET ANDREW JOSEPH
  • Owner Before Previous Owner: ERNEST & PEARL LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Calcasieu Parish School District
  • Census Tract: 001908

Geography

  • District: 3L
  • Parcel: 01328443
  • Lot: 5
  • Meridian: SEC 23 TWN 10 RNG 09
  • Municipality: LAKE CHARLES WARD
  • Latitude: 30.1779
  • Longitude: -93.2633

    Address

  • Full Address: 2616 Lorraine Ln
  • Address - House Number: 2616
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Ln
  • State: LA
  • City Name: Lake Charles
  • Carrier Code: R031
  • 4-Digit Zip Code: 4009
  • Zip Code: 70605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $597

    Appraisal Valuation

  • Standard Deviation: 0.2517
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 265,242
  • High Value: 332,010
  • Low Value: 198,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,000
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: May 19, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $222,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2035

    Market Valuation

  • Market Total Value: $124,900
  • Market Land Value: $25,700
  • Market Improvement Value: $99,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,490
  • Assessed Land Value: $2,570
  • Assessed Improvements Value: $9,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Transaction ID: 11762059556
  • Current Sale Price: $262,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 3389667
  • Previous Sale Recording Date: Oct 11, 2016
  • Previous Sale Contract Date: Oct 10, 2016
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: May 19, 2020
  • First Mortgage Loan Amount: $222,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2035

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF LOUISIA
  • Previous Mortgage Transaction Date: Oct 11, 2016
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Lake Charles



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Frequently Asked Questions

What neighborhood is 2616 Lorraine Lane located in?
The 2616 Lorraine Lane is a located in the neighborhood of Calcasieu in Lake Charles, Lake Charles.
What is the average sales price for listings in 2616 Lorraine Lane?
The average sales price for units in 2616 Lorraine Lane is $0 currently.

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