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1027 Washington Avenue

1027 Washington Avenue, New Orleans, LA 70130
Property in Irish Channel
1 Units For Sale
Unit for sale at 1027 WASHINGTON Avenue, New Orleans, LA 70130

$336,000 ↓ $13K

  • Loft
  • 1 Bath
  • 1,019 ft²
1027 WASHINGTON Avenue #E, New Orleans, LA 70130 Listing by Lauren B Collignon

1027 Washington Avenue has been categorized by the local assessors in New Orleans, LA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1027 Washington Avenue has 1,090 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,090 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Dec 19, 2019 for $250,000. That's $229.36 per sqft. Prior to that sales transaction, the property was also sold in Jun 14, 2016 for $315,000. 1027 Washington Avenue was last assessed in 2023. The total value of the property was assessed at $28,350. Specifically, the land the property is located on was valued at $1,640. While improvements on the property were assessed at a total of $26,710. 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 $2,843. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210625 Unit C
06/25/2021
C
2 Bed
1 Bath
883 ft²
$289,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
883 ft²
$292,000 +1.04%
07/22/2021
MAGAN A O'HARA
Berkshire Hathaway HomeServices Preferred, REALTOR

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,090
  • Total Building Area: 1,090
  • Building Area: 1,090
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,090
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON VW CONDO
  • Land Acres: 0.025
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SQ 129 LOT 17 PT 18 WASHINGTON UNIT E SECOND FLR 1,090 SQ FT (23.2% INT INCLS PORCH) 173.17 LCE (2006) FORMALLY BILL W/411202

Ownership

  • Current Owner : LEXMOND ANNA MARIA
  • Previous Owner : RUBIN MATTHEW PAUL
  • Owner Before Previous Owner: GARBEE KIM FERGUSON
  • Owner Before Previous Owner 2: GARBEE THOMAS KELSO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 008800

Geography

  • District: 4-11 WARD
  • Parcel: 411202327
  • Block: 129
  • Lot: 17
  • Municipality: DISTRICT 4
  • Latitude: 29.9258
  • Longitude: -90.0818

    Address

  • Full Address: 1027 Washington Ave
  • Address - House Number: 1027
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C002
  • 4-Digit Zip Code: 5553
  • Zip Code: 70130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,843

    Appraisal Valuation

  • Standard Deviation: 0.1167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 299,385
  • High Value: 334,327
  • Low Value: 264,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 27, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $235,000
  • 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 27, 2049

    Market Valuation

  • Market Total Value: $283,500
  • Market Land Value: $16,400
  • Market Improvement Value: $267,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,350
  • Assessed Land Value: $1,640
  • Assessed Improvements Value: $26,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Transaction ID: 11713974068
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201951836
  • Previous Sale Recording Date: Jun 16, 2016
  • Previous Sale Contract Date: Jun 14, 2016
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 27, 2019
  • First Mortgage Loan Amount: $235,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK MORTGAGE CO
  • Previous Mortgage Transaction Date: Jun 16, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Central City - Garden



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Frequently Asked Questions

What neighborhood is 1027 Washington Avenue located in?
The 1027 Washington Avenue is a located in the neighborhood of Irish Channel in Central City - Garden, New Orleans.
How many listings are currently for sale in 1027 Washington Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1027 Washington Avenue?
The average sales price for units in 1027 Washington Avenue is $289,000 , or $327/sqft. currently.

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