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1720 King Drive

1720 King Drive, New Orleans, LA 70122
House in Fillmore
Sold May 14, 2021
$515,000
$275,000 by Liberty Bank & Trust Company
Mortgage Due May 14, 2051
Sold Jan 29, 2019
$416,500
$395,675 by Wei Mortgage Llc
Mortgage
Local assessors in New Orleans, LA have categorized 1720 King Drive as a residential type of property. The property's lot size has been calculated to be 7,200 square feet.

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. 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, 1720 King Drive sold most recently in May 7, 2021 for a total of $515,000. Before that, the property was also sold for $416,500 in Jan 25, 2019. 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 $5,187 in taxes each year. 1720 King Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,780. If we break it down further, the land itself was valued at $3,600. Improvements to the property, however, were assessed at a total of $42,180. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

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

    Dimensions

  • Lot Size Square Feet: 7,200
  • 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: MIRABEAU A
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MIRABEAU GARDENS SQ 1 SEC A LOTS 56 57 60X120

Ownership

  • Current Owner : BURNS RONALD V
  • Previous Owner : NETTLES EDWARD WINN
  • Previous Owner 2: NETTLES EDNA GILFOIL
  • Owner Before Previous Owner: LONATRO TERRY A
  • Owner Before Previous Owner 2: LONATRO NIDA CONOPIO
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 003302

Geography

  • District: 3-7 WARD
  • Parcel: 37W515587
  • Block: 1
  • Lot: 56
  • Municipality: DISTRICT 3
  • Latitude: 30.0063
  • Longitude: -90.071

    Address

  • Full Address: 1720 King Dr
  • Address - House Number: 1720
  • Address - Street Name: King
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C060
  • 4-Digit Zip Code: 2504
  • Zip Code: 70122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,187

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 542,283
  • High Value: 669,819
  • Low Value: 414,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: LIBERTY BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $275,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 14, 2051

    Market Valuation

  • Market Total Value: $457,800
  • Market Land Value: $36,000
  • Market Improvement Value: $421,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,780
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $42,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11836080694
  • Current Sale Price: $515,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202120842
  • Previous Sale Recording Date: Jan 29, 2019
  • Previous Sale Contract Date: Jan 25, 2019
  • Previous Sale Amount: $416,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY BANK & TRUST COMPANY
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WEI MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jan 29, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $395,675
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Gentilly



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Frequently Asked Questions

What neighborhood is 1720 King Drive located in?
The 1720 King Drive is a house located in the neighborhood of Fillmore in Gentilly, New Orleans.
What is the average sales price for listings in 1720 King Drive?
The average sales price for units in 1720 King Drive is $0 currently.

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