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1618 Tropic Drive

1618 Tropic Drive, New Orleans, LA 70131
Property in Old Aurora
Sold Apr 06, 2020
$168,000
$164,957 by Fidelity Bank
Mortgage Due Apr 06, 2050
1618 Tropic Drive in New Orleans, LA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1618 Tropic Drive has 1,766 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,320 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The condition of the building has been evaluated as average. The property was last sold in Apr 3, 2020 for $168,000. That's $95.13 per sqft. 1618 Tropic Drive was last assessed in 2023. The total value of the property was assessed at $15,960. Specifically, the land the property is located on was valued at $1,860. While improvements on the property were assessed at a total of $14,100. 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 $1,198. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1975
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,320
  • Total Building Area: 1,766
  • Building Area: 1,766
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,766
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPIC GDN
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TROPIC GARDENS LOT 5 56 X 95 1618 TROPIC DR

Ownership

  • Current Owner : SMITH TRAVIS
  • Current Owner 2: HASH AVA
  • Previous Owner : DAMOND PAMELA MARIA DANIEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 000606

Geography

  • District: 5-13 WARD
  • Parcel: 513822405
  • Block: 1
  • Lot: 5
  • Municipality: DISTRICT 5
  • Latitude: 29.9364
  • Longitude: -90.0113

    Address

  • Full Address: 1618 Tropic Dr
  • Address - House Number: 1618
  • Address - Street Name: Tropic
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C019
  • 4-Digit Zip Code: 7910
  • Zip Code: 70131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,198

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 199,139
  • High Value: 287,478
  • Low Value: 110,799

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,957
  • First Open Lien Mortgage Lender: FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Apr 06, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $164,957
  • 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: Apr 06, 2050

    Market Valuation

  • Market Total Value: $159,600
  • Market Land Value: $18,600
  • Market Improvement Value: $141,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,960
  • Assessed Land Value: $1,860
  • Assessed Improvements Value: $14,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: Apr 06, 2020
  • Current Sale Transaction ID: 11754484944
  • Current Sale Price: $168,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202012477

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY BANK
  • First Mortgage Transaction Date: Apr 06, 2020
  • First Mortgage Loan Amount: $164,957
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1618 Tropic Drive located in?
The 1618 Tropic Drive is a located in the neighborhood of Old Aurora in Algiers, New Orleans.
What is the average sales price for listings in 1618 Tropic Drive?
The average sales price for units in 1618 Tropic Drive is $0 currently.

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