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1013 Desire Street

1013 Desire Street, New Orleans, LA 70117
Multifamily in St. Claude
Sold Dec 16, 2021
$559,000
$475,150 by Eustis Mortgage Corporation
Mortgage Due Dec 16, 2051
Sold Aug 23, 2017
$418,000
$397,100 by Assurance Financial Group Llc
Mortgage
Local assessors in New Orleans, LA have categorized 1013 Desire Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 4,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1013 Desire Street has a total of 1,876 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Dec 10, 2021 for $559,000. That's $297.97 per sqft. Prior to that sales transaction, the property was also sold in Aug 22, 2017 for $418,000. 1013 Desire Street was last assessed in 2023. The total value of the property was assessed at $37,620. Specifically, the land the property is located on was valued at $8,400. While improvements on the property were assessed at a total of $29,220. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,130. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Total Building Area: 1,876
  • Gross Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BYWATER S
  • Land Acres: 0.096
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 359 LOT 2 DESIRE 35X120 DBLE 12/RM S/R

Ownership

  • Current Owner : MADDEN JANE A
  • Current Owner 2: MADDEN JASON R
  • Previous Owner : BOWEN PETER G
  • Owner Before Previous Owner: GABRIEL GERALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 001301

Geography

  • District: 3-9 WARD
  • Parcel: 39W206622
  • Block: 359
  • Lot: 2
  • Municipality: DISTRICT 3
  • Latitude: 29.966
  • Longitude: -90.0404

    Address

  • Full Address: 1013 Desire St
  • Address - House Number: 1013
  • Address - Street Name: Desire
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C050
  • 4-Digit Zip Code: 6107
  • Zip Code: 70117

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,130

    Appraisal Valuation

  • Standard Deviation: 0.2729
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 517,320
  • High Value: 658,539
  • Low Value: 376,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,150
  • First Open Lien Mortgage Lender: EUSTIS MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $475,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 16, 2051

    Market Valuation

  • Market Total Value: $376,200
  • Market Land Value: $84,000
  • Market Improvement Value: $292,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,620
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $29,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11876327313
  • Current Sale Price: $559,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202151805
  • Previous Sale Recording Date: Aug 23, 2017
  • Previous Sale Contract Date: Aug 22, 2017
  • Previous Sale Amount: $418,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EUSTIS MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $475,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • Previous Mortgage Transaction Date: Aug 23, 2017
  • Previous Mortgage Loan Amount: $397,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Bywater



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Frequently Asked Questions

What neighborhood is 1013 Desire Street located in?
The 1013 Desire Street is a multifamily located in the neighborhood of St. Claude in Bywater, New Orleans.
What is the average sales price for listings in 1013 Desire Street?
The average sales price for units in 1013 Desire Street is $0 currently.

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