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1544 Leda Street

1544 Leda Street, New Orleans, LA 70119
Property in Fairgrounds
Sold Aug 17, 2022
$875,000
$682,000 by Regions Bank
Mortgage Due Feb 04, 2048
Sold Apr 08, 2021
$785,000
$548,250 by Cmg Financial
Mortgage
Local assessors in New Orleans, LA have categorized 1544 Leda Street as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 4,725 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 2 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 is one full bathroom. 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 1544 Leda Street has a total of 2,179 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 fair. 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 Aug 16, 2022 for $875,000. That's $401.56 per sqft. Prior to that sales transaction, the property was also sold in Apr 6, 2021 for $785,000. 1544 Leda Street was last assessed in 2023. The total value of the property was assessed at $75,360. Specifically, the land the property is located on was valued at $9,450. While improvements on the property were assessed at a total of $65,910. 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 $9,182. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1960
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,725
  • Total Building Area: 2,179
  • Building Area: 2,179
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,179
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARCADIA CT
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ D ARCADIA CT PT LOTS 15 16 LEDA 45X105 SGLE RAISED 8/RM S/R

Ownership

  • Current Owner : MCDONALD PAUL
  • Previous Owner : ALEXANDER SMITH DOUGLAS
  • Previous Owner 2: ALEXANDER ANN PATRICIA
  • Owner Before Previous Owner: RIESS FRANK H
  • Owner Before Previous Owner 2: RIESS MEGAN GUINAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 003702

Geography

  • District: 3-7 WARD
  • Parcel: 37W309310
  • Block: D
  • Lot: 15
  • Municipality: DISTRICT 3
  • Latitude: 29.9839
  • Longitude: -90.0857

    Address

  • Full Address: 1544 Leda Ct
  • Address - House Number: 1544
  • Address - Street Name: Leda
  • Address - Suffix Type: Ct
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C058
  • 4-Digit Zip Code: 2910
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,182

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 646,429
  • High Value: 941,979
  • Low Value: 350,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $682,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2022
  • First Open Lien Mortgage Loan Amount: $682,000
  • First Open Lien Mortgage Term: 305
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 04, 2048

    Market Valuation

  • Market Total Value: $753,600
  • Market Land Value: $94,500
  • Market Improvement Value: $659,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,360
  • Assessed Land Value: $9,450
  • Assessed Improvements Value: $65,910

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Transaction ID: 11894559893
  • Current Sale Price: $875,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 32744
  • Previous Sale Recording Date: Apr 08, 2021
  • Previous Sale Contract Date: Apr 06, 2021
  • Previous Sale Amount: $785,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Aug 17, 2022
  • First Mortgage Loan Amount: $682,000
  • First Mortgage Terms: 305
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 04, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CMG FINANCIAL
  • Previous Mortgage Transaction Date: Apr 08, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $548,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 1544 Leda Street located in?
The 1544 Leda Street is a located in the neighborhood of Fairgrounds in Mid-City, New Orleans.
What is the average sales price for listings in 1544 Leda Street?
The average sales price for units in 1544 Leda Street is $0 currently.

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