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1307 Chimney Wood Lane

1307 Chimney Wood Lane, New Orleans, LA 70126
Property in Little Woods
Sold Dec 17, 2019
$68,400
$54,750 by Assurance Financial Group
Mortgage Due Jan 01, 2050
Sold Aug 10, 2018
Transfer
1307 Chimney Wood Lane 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 1960 and is 64 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1307 Chimney Wood Lane has 1,736 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 1,728 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. For the features and amenities located on the property. There is a carport for those who require parking. 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 exterior walls of the building are made of brick. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1307 Chimney Wood Lane sold most recently in Dec 12, 2019 for a total of $68,400. If you work out the math, that's approximately a cost of $39.40 per sqft. 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 $457 in taxes each year. 1307 Chimney Wood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,400. If we break it down further, the land itself was valued at $350. Improvements to the property, however, were assessed at a total of $3,050. 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. 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.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

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,728
  • Total Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,736
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHIMNEY WD
  • Land Acres: 0.04
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SQ CHIMNEYWOOD TOWN HOMES PHASE 1 LOT 6 MORRISON RD BLDG 13-UNIT 1307 24X72 2/STORY TOWNHOUSE BRICK/FR 10/RM AND C/PORT

Ownership

  • Current Owner : MARTIN JOY YVETTE
  • Previous Owner : JMT NOLA LLC
  • Owner Before Previous Owner: THORTON MARSHALL ANN

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 001724

Geography

  • District: 3-9 WARD
  • Parcel: 39W051537
  • Lot: 6
  • Municipality: DISTRICT 3
  • Latitude: 30.0275
  • Longitude: -90.0209

    Address

  • Full Address: 1307 Chimney Wood Ln
  • Address - House Number: 1307
  • Address - Street Name: Chimney Wood
  • Address - Suffix Type: Ln
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C026
  • 4-Digit Zip Code: 1504
  • Zip Code: 70126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $457

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 61,453
  • High Value: 74,752
  • Low Value: 48,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $54,750
  • First Open Lien Mortgage Lender: ASSURANCE FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Dec 17, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $54,750
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $34,000
  • Market Land Value: $3,500
  • Market Improvement Value: $30,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,400
  • Assessed Land Value: $350
  • Assessed Improvements Value: $3,050

    Sales

  • Current Sale Contract Date: Dec 12, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Transaction ID: 11712343360
  • Current Sale Price: $68,400
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201950271
  • Previous Sale Recording Date: Aug 10, 2018
  • Previous Sale Contract Date: Aug 01, 2018
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FINANCIAL GROUP
  • First Mortgage Transaction Date: Dec 17, 2019
  • First Mortgage Loan Amount: $54,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About New Orleans East Area



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Frequently Asked Questions

What neighborhood is 1307 Chimney Wood Lane located in?
The 1307 Chimney Wood Lane is a located in the neighborhood of Little Woods in New Orleans East Area, New Orleans.
What is the average sales price for listings in 1307 Chimney Wood Lane?
The average sales price for units in 1307 Chimney Wood Lane is $0 currently.

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