1506 Ellis Drive

1506 Ellis Drive has been categorized by the local assessors in Hammond, LA as a residential type of property. The building on the property was first built in 1975 and is 49 years old. In addition, 1506 Ellis Drive has 2,699 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 979 ft. The area measurement of the land has been determined as 14,700 square feet.

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. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. 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, 1506 Ellis Drive sold most recently in Oct 30, 2009 for a total of $215,000. If you work out the math, that's approximately a cost of $79.66 per sqft. Before that, the property was also sold for $215,000 in Oct 30, 2009. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,555 in taxes each year. 1506 Ellis Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,608. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $13,608. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.