2038 General Lee Avenue
2038 General Lee Avenue, Baton Rouge, LA 70810
Property
in
South Baton Rouge
Refi Jun 12, 2024
$20,190,524
Seller
$2,147,483,647
by 20190528
Mortgage
2038 General Lee Avenue has been categorized by the local assessors in Baton Rouge, LA as a residential type of property.
The building on the property was first built in 1979 and is 45 years old.
In addition, 2038 General Lee Avenue has 1,367 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 43,560 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. Moving on to the building itself. The condition of the building has been evaluated as good. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2038 General Lee Avenue was last sold in Jan 1, 1970 for $20,190,524. According to our calculations, that's $14,769.95 per sqft. Prior to that sales transaction, the property was sold for $20,190,201 in Jan 1, 1970. Current property owners are expected to pay $755 in taxes per year. The property on 2038 General Lee Avenue was last assessed in 2020. As a result of that assessment, the total value of the property was placed at $12,990. To break that down further, the land itself was valued at $1,500. While improvements to the property were assessed at a total of $11,490. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
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 good. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2038 General Lee Avenue was last sold in Jan 1, 1970 for $20,190,524. According to our calculations, that's $14,769.95 per sqft. Prior to that sales transaction, the property was sold for $20,190,201 in Jan 1, 1970. Current property owners are expected to pay $755 in taxes per year. The property on 2038 General Lee Avenue was last assessed in 2020. As a result of that assessment, the total value of the property was placed at $12,990. To break that down further, the land itself was valued at $1,500. While improvements to the property were assessed at a total of $11,490. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
2038 General Lee Avenue, Baton Rouge, LA 70810
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