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2430 Frenchmen Street

2430 Frenchmen Street, New Orleans, LA 70119
Property in Seventh Ward
Sold Sep 26, 2018
$199,000
$189,050 by Acceptance Capital Mortgage Co
Mortgage Due Sep 26, 2048
Sold Oct 10, 2016
$8,110
2430 Frenchmen 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 2016 and is 8 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 2430 Frenchmen Street has 1,468 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 3,937 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. 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. 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, 2430 Frenchmen Street was last sold in Sep 21, 2018 for $199,000. According to our calculations, that's $135.56 per sqft. Prior to that sales transaction, the property was sold for $8,110 in Oct 7, 2016. Current property owners are expected to pay $1,874 in taxes per year. The property on 2430 Frenchmen Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,140. To break that down further, the land itself was valued at $980. While improvements to the property were assessed at a total of $20,160. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,937
  • Total Building Area: 1,468
  • Building Area: 1,468
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,468
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INNER CITY 7TH
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 1329 LOT 6 B FRENCHMEN 31X127 SGLE 7/RM A/R

Ownership

  • Current Owner : GOULD NKENGE A
  • Previous Owner : LBFOF CAPITAL LLC
  • Owner Before Previous Owner: CITY OF NEW ORLEANS A POLITICAL SUBDIVIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 003000

Geography

  • District: 3-7 WARD
  • Parcel: 37W207508
  • Block: 1329
  • Lot: 6
  • Municipality: DISTRICT 3
  • Latitude: 29.9824
  • Longitude: -90.0595

    Address

  • Full Address: 2430 Frenchmen St
  • Address - House Number: 2430
  • Address - Street Name: Frenchmen
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C035
  • 4-Digit Zip Code: 1432
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,874

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 241,062
  • High Value: 347,999
  • Low Value: 134,124

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,050
  • First Open Lien Mortgage Lender: ACCEPTANCE CAPITAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Sep 26, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $189,050
  • 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: Sep 26, 2048

    Market Valuation

  • Market Total Value: $211,400
  • Market Land Value: $9,800
  • Market Improvement Value: $201,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,140
  • Assessed Land Value: $980
  • Assessed Improvements Value: $20,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2018
  • Current Sale Recording Date: Sep 26, 2018
  • Current Sale Transaction ID: 11510883796
  • Current Sale Price: $199,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201837476
  • Previous Sale Recording Date: Oct 10, 2016
  • Previous Sale Contract Date: Oct 07, 2016
  • Previous Sale Amount: $8,110
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACCEPTANCE CAPITAL MORTGAGE CO
  • First Mortgage Transaction Date: Sep 26, 2018
  • First Mortgage Loan Amount: $189,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2430 Frenchmen Street located in?
The 2430 Frenchmen Street is a located in the neighborhood of Seventh Ward in Mid-City, New Orleans.
What is the average sales price for listings in 2430 Frenchmen Street?
The average sales price for units in 2430 Frenchmen Street is $0 currently.

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