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1448 4th Street

1448 4th Street, New Orleans, LA 70130
Property in Garden District
Sold Oct 14, 2021
$150
$6,120,000 by B1bank
Mortgage Due Oct 14, 2051
Local assessors in New Orleans, LA have categorized 1448 4th Street as a residential type of property. The home was built in 1859 and is 165 years old. The property's lot size has been calculated to be 21,600 square feet. 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1448 4th Street has a total of 9,199 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 good. There are 3 fireplaces in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 11, 2021 for $150. That's $0.02 per sqft. 1448 4th Street was last assessed in 2023. The total value of the property was assessed at $270,000. Specifically, the land the property is located on was valued at $44,530. While improvements on the property were assessed at a total of $225,470. 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 $38,476. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1859
  • Effective Year Built: 1859
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Good
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,600
  • Total Building Area: 9,199
  • Building Area: 9,199
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 3
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 9,199
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.496
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 197 LOT D FOURTH AND PRYTANIA 120X180 FILE #16962

Ownership

  • Current Owner : MOTWANI AARON
  • Current Owner 2: MOTWANI AYESHA
  • Previous Owner : RODGER SCOTT
  • Previous Owner 2: RODGER LESLIE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • School Tax School District: 4-GARD
  • Census Tract: 009000

Geography

  • District: 4-12 WARD
  • Parcel: 412102212
  • Block: 197
  • Lot: D
  • Municipality: DISTRICT 4
  • Latitude: 29.9298
  • Longitude: -90.0844

    Address

  • Full Address: 1448 4th St
  • Address - House Number: 1448
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C004
  • 4-Digit Zip Code: 5740
  • Zip Code: 70130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,476

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 4,231,615
  • High Value: 6,166,329
  • Low Value: 2,296,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,120,000
  • First Open Lien Mortgage Lender: B1BANK
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $6,120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 14, 2051

    Market Valuation

  • Market Total Value: $2,700,000
  • Market Land Value: $445,300
  • Market Improvement Value: $2,254,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,000
  • Assessed Land Value: $44,530
  • Assessed Improvements Value: $225,470

    Sales

  • Current Sale Contract Date: Oct 11, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11861226944
  • Current Sale Price: $150
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202142742

    Last Sale Mortgage

  • First Mortgage Lender: B1BANK
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $6,120,000
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Central City - Garden



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Frequently Asked Questions

What neighborhood is 1448 4th Street located in?
The 1448 4th Street is a located in the neighborhood of Garden District in Central City - Garden, New Orleans.
What is the average sales price for listings in 1448 4th Street?
The average sales price for units in 1448 4th Street is $0 currently.

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