Check Availability

1905 Bayou Road

1905 Bayou Road, New Orleans, LA 70116
Multifamily in Treme - Lafitte
Sold Jun 17, 2021
$449,000
$333,750 by Flagstar Bank Fsb
Mortgage Due Jun 17, 2051
Sold Mar 13, 2020
$440,000
$308,000 by Assurance Financial Group
Mortgage
1905 Bayou Road has been categorized by the local assessors in New Orleans, LA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1905 Bayou Road has 2,130 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,465 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 1905 Bayou Road sold most recently in Jun 11, 2021 for a total of $449,000. If you work out the math, that's approximately a cost of $210.80 per sqft. Before that, the property was also sold for $440,000 in Mar 12, 2020. 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 $5,612 in taxes each year. 1905 Bayou Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,800. If we break it down further, the land itself was valued at $3,470. Improvements to the property, however, were assessed at a total of $38,330. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,465
  • Total Building Area: 2,130
  • Gross Building Area: 2,130
  • Building Area: 2,130
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.08
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 232 LOT X BAYOU RD AND N ROMAN 63 X 55

Ownership

  • Current Owner : THOMAS ERIC C
  • Current Owner 2: THOMAS KIM D
  • Previous Owner : RYAN CHRISTOPHER BARRY
  • Owner Before Previous Owner: PARKER TRONYA FRANKLIN
  • Owner Before Previous Owner 2: PARKER DATHENNILE
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 004000

Geography

  • District: 2-8 WARD
  • Parcel: 208105601
  • Block: 232
  • Lot: X
  • Municipality: DISTRICT 2
  • Latitude: 29.9702
  • Longitude: -90.071

    Address

  • Full Address: 1905 Bayou Rd
  • Address - House Number: 1905
  • Address - Street Name: Bayou
  • Address - Suffix Type: Rd
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C001
  • 4-Digit Zip Code: 2128
  • Zip Code: 70116

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,612

    Appraisal Valuation

  • Standard Deviation: 0.2734
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 547,521
  • High Value: 697,216
  • Low Value: 397,826

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,750
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $333,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 17, 2051

    Market Valuation

  • Market Total Value: $418,000
  • Market Land Value: $34,700
  • Market Improvement Value: $383,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,800
  • Assessed Land Value: $3,470
  • Assessed Improvements Value: $38,330

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11841670411
  • Current Sale Price: $449,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202126378
  • Previous Sale Recording Date: Mar 13, 2020
  • Previous Sale Contract Date: Mar 12, 2020
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $333,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ASSURANCE FINANCIAL GROUP
  • Previous Mortgage Transaction Date: Mar 13, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Mid-City



Similar Buildings

Multifamily at 1905 Bayou Road,

1804 Bayou Road

  • 1 Unit for Sale
1804 Bayou Road, New Orleans, LA 70116
Multifamily at 1905 Bayou Road,

1614 Governor Nicholls Street

  • 2 Units for Sale
1614 Governor Nicholls Street, New Orleans, LA 70116
Multifamily at 1905 Bayou Road,

1600 Governor Nicholls Street

  • 1 Unit for Sale
1600 Governor Nicholls Street, New Orleans, LA 70116
Multifamily at 1905 Bayou Road,

2300 Ursulines Avenue

  • 1 Unit for Sale
2300 Ursulines Avenue, New Orleans, LA 70119
Multifamily at 1905 Bayou Road,

1505 Ursulines Avenue

  • 1 Unit for Sale
1505 Ursulines Avenue, New Orleans, LA 70116
Multifamily at 1905 Bayou Road,

2304 Ursulines Avenue

  • 1 Unit for Sale
2304 Ursulines Avenue, New Orleans, LA 70119
Multifamily at 1905 Bayou Road,

1935 Lapeyrouse Street

  • 1 Unit for Sale
1935 Lapeyrouse Street, New Orleans, LA 70116
Multifamily at 1905 Bayou Road,

1304 Governor Nicholls Street

  • 2 Units for Sale
1304 Governor Nicholls Street, New Orleans, LA 70116
Multifamily at 1905 Bayou Road,

1304 Gov Nicholls Street

  • 1 Unit for Sale
1304 Gov Nicholls Street, New Orleans, LA 70116

Nearby Rentals

Unit for rent at

$1,650 /mo

  • 1 Bed
  • 1 Bath
  • 514 ft²
Listing by AL SIDHOM
Unit for rent at

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 514 ft²
Listing by AL SIDHOM
Unit for rent at

$1,475 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by CAITLYN L SMITH
Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
Listing by REBECCA T WAXMAN
Unit for rent at

$1,575 /mo

  • 2 Beds
  • 1 Bath
  • 1,303 ft²
Listing by CHARLES J MCGAFF
Unit for rent at

$1,600 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,000 ft²
Listing by LIZ TARDO
Unit for rent at

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 708 ft²
Listing by BRIAN S MILLER

Frequently Asked Questions

What neighborhood is 1905 Bayou Road located in?
The 1905 Bayou Road is a multifamily located in the neighborhood of Treme - Lafitte in Mid-City, New Orleans.
What is the average sales price for listings in 1905 Bayou Road?
The average sales price for units in 1905 Bayou Road is $0 currently.

Quantcast