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700 Compton St, New Iberia, LA, 70560

2beds
2baths
1,470sqft
$28,900
$20price/sqft
$359/moest. monthly cost
$14,360/yrincome needed

About This Home

Bring your vision to this 2-bedroom, 2-bath home located in the heart of New Iberia. Featuring a primary suite with an attached flex space and a fenced, tree-shaded backyard, this property offers plenty of potential for investors, flippers, or buyers looking to make a home their own.This is a Fannie Mae HomePath property. First-time buyers, complete the HomePath Ready Buyer homeownership course on Homepath.com. Attach certificate to offer up to 3% closing cost assistance. Check Homepath.com for more details. Restrictions apply.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

4/10
Iberia Middle SchoolGrades 7-81.6 mi
7/10

Construction

Condition

  • Property condition: Fixer

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Brick Veneer,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None,Gas Stove Con
  • Laundry features: Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Formica Counters

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,470 sqft

Property

Details

  • Parcel number: 0505177795
  • Special condition: Real Estate Owned

Features

  • Stories: 1
  • Fencing: Chain Link

Lot

  • Lot size: 0.25 Acres
  • Features: 0 to 0.5 Acres
  • Lot size dimensions: 89 x 123

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Cold Wave
Inland Flooding
Tornado
Heat Wave
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $146$1,752
Home Insurance *$49$588
Property Taxes $17$204
Electricity $147$1,773
Total$359$4,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$12,308/yr
40% on housing$10,770/yr
45% on housing$9,573/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.2%
5.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$20This listing

vs Other Active Listings

Avg $/sqft

ZIP 70560$63
Iberia Parish$78

vs Homes Sold Last Month

Median $/sqft

ZIP 70560$105
Iberia Parish$105

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2020-10-26Listing removed$69,900
2020-05-05Listed for sale$69,900
2020-04-18Pending sale$69,900
2020-03-21Price change$69,900
2020-02-27Listed for sale$79,900
2018-08-24Listing removed$79,900
2018-08-22Price change$79,900
2018-07-27Listed for sale$100,000

Unknown Listed By

AgentKatie I LaBauve
BrokerageCaffery Real Estate, Inc.

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