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1601 Iberia Street

1601 Iberia Street, Franklin, LA 70538
Property in St. Mary
Sold Apr 23, 2015
$145,000
$142,373 by Gmfs Llc
Mortgage Due May 01, 2045
This has been categorized as a residential property type. In total, the area measurement of the land is 42,689 square feet.

Learn more about the property and building on this page. 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, 1601 Iberia Street sold most recently in Apr 23, 2015 for a total of $145,000. 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 $1,855 in taxes each year. 1601 Iberia Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,311. If we break it down further, the land itself was valued at $2,786. Improvements to the property, however, were assessed at a total of $11,525. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

  • Building Count: 3
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YOKELY SUBDIVISION
  • Land Acres: 0.98
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 1 YOKELY SUBD ACQ 315 321821 IMPROVEMENT ON THE LAND OF PERRY KENNETH W JR IMPROVEMENT ON THE LAND OF PERRY KENNETH W JR

Ownership

  • Current Owner : PERRY KENNETH WAYNE
  • Current Owner 2: PERRY MAJKEN BOYKIN
  • Previous Owner : PHILLIPS DAVID BRANDON
  • Previous Owner 2: PHILLIPS PERRY
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: St. Mary Parish School District
  • Census Tract: 041300

Geography

  • Parcel: 2204701210.00
  • Lot: 1
  • Meridian: SEC 02 TWN 14 RNG 09
  • Municipality: WARD 3
  • Latitude: 29.7964
  • Longitude: -91.5194

    Address

  • Full Address: 1601 Iberia St
  • Address - House Number: 1601
  • Address - Street Name: Iberia
  • Address - Suffix Type: St
  • State: LA
  • City Name: Franklin
  • Carrier Code: C003
  • 4-Digit Zip Code: 4642
  • Zip Code: 70538

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,855
  • Tax Rate Code Area: 03

    Appraisal Valuation

  • Standard Deviation: 0.4245
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 15
  • Final Value: 190,970
  • High Value: 272,053
  • Low Value: 109,886

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $173,738
  • First Open Lien Mortgage Lender: GMFS LLC
  • First Open Lien Mortgage Recording Date: Apr 23, 2015
  • First Open Lien Mortgage Loan Amount: $142,373
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2045
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Apr 03, 2023
  • Second Open Lien Mortgage Loan Amount: $31,365
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2063

    Market Valuation

  • Market Total Value: $143,110
  • Market Land Value: $27,860
  • Market Improvement Value: $115,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,311
  • Assessed Land Value: $2,786
  • Assessed Improvements Value: $11,525

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2015
  • Current Sale Recording Date: Apr 23, 2015
  • Current Sale Transaction ID: 1357110816
  • Current Sale Price: $145,000
  • Current Sale Document Type: Condominium Deed

    Last Sale Mortgage

  • First Mortgage Lender: GMFS LLC
  • First Mortgage Transaction Date: Apr 23, 2015
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2045

About St. Mary



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Frequently Asked Questions

What neighborhood is 1601 Iberia Street located in?
The 1601 Iberia Street is a located in the neighborhood of St. Mary in St. Mary, Franklin.
What is the average sales price for listings in 1601 Iberia Street?
The average sales price for units in 1601 Iberia Street is $0 currently.

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