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1944 Philip Street

1944 Philip Street, New Orleans, LA 70113
Multifamily in Central City
1 Units For Sale
Unit for sale at 1944 PHILIP Street, New Orleans, LA 70113

$400,000 In Contract

  • Commercial
  • 4,076 ft²
1944 PHILIP Street #AF, New Orleans, LA 70113 Listing by Dwayne J Vinnett

1944 Philip Street 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 1950 and is 74 years old. In addition, 1944 Philip Street has 4,076 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 4,680 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $5,647 in taxes per year. The property on 1944 Philip Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,000. To break that down further, the land itself was valued at $4,680. While improvements to the property were assessed at a total of $37,320. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Exterior

Brick Exterior

Parking

Parking Lot
Off Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210305
03/05/2021
Studio
-
4500 ft²
$575,000
bedrooms
Studio
bathrooms
-
square feet
4500 ft²
-
-
-
JOHN L TAYLOR
Soniat Realty, Inc.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,680
  • Total Building Area: 4,076
  • Gross Building Area: 4,076
  • Building Area: 4,076
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.107
  • Standard Land Use Code: Apartment house (5+ units)
  • Legal Description 1: SQ 271 LOT PT 11 12 PHILIP & DANNEEL ST 78X60=4680 SQ FT 6/PLEX FILE #18601

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 008400

Geography

  • District: 4-12 WARD
  • Parcel: 412202109
  • Block: 271
  • Lot: 11
  • Municipality: DISTRICT 4
  • Latitude: 29.9363
  • Longitude: -90.0846

    Address

  • Full Address: 1944 Philip St
  • Address - House Number: 1944
  • Address - Street Name: Philip
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C014
  • 4-Digit Zip Code: 2551
  • Zip Code: 70113

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,647

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 413,231
  • High Value: 596,544
  • Low Value: 229,917

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,800
  • First Open Lien Mortgage Lender: FIRST NBC BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $130,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2043

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $46,800
  • Market Improvement Value: $373,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $4,680
  • Assessed Improvements Value: $37,320

About Central City - Garden



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Frequently Asked Questions

What neighborhood is 1944 Philip Street located in?
The 1944 Philip Street is a multifamily located in the neighborhood of Central City in Central City - Garden, New Orleans.
How many listings are currently for sale in 1944 Philip Street?
There is one unit for sale right now.
What is the average sales price for listings in 1944 Philip Street?
The average sales price for units in 1944 Philip Street is $400,000 , or $98/sqft. currently.

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