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2500 Soniat Street

2500 Soniat Street, New Orleans, LA 70115
Property in Freret
Sold Dec 05, 2011
$165,000
$75,000 by Iberia Bank
Mortgage Due Sep 01, 2032
Local assessors in New Orleans, LA have categorized 2500 Soniat Street as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 1,950 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2500 Soniat Street has a total of 1,250 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 2500 Soniat Street sold most recently in Nov 30, 2011 for a total of $165,000. If you work out the math, that's approximately a cost of $132.00 per sqft. 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 $2,659 in taxes each year. 2500 Soniat Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,790. If we break it down further, the land itself was valued at $3,900. Improvements to the property, however, were assessed at a total of $19,890. 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. 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.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: 1960
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,950
  • Total Building Area: 1,250
  • Gross Building Area: 1,250
  • Building Area: 1,250
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.045
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 646 LOT PT 8 30 X 65 2500-02 SONIAT & MAGNOLIA DU-W FILE #91544 10/06

Ownership

  • Current Owner : FERRIS ROBERT M
  • Previous Owner : 2500 02 SONIAT STREET LLC

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 011100

Geography

  • District: 6-14 WARD
  • Parcel: 614334806
  • Block: 646
  • Lot: 7
  • Municipality: DISTRICT 6
  • Latitude: 29.9371
  • Longitude: -90.1094

    Address

  • Full Address: 2500 Soniat St
  • Address - House Number: 2500
  • Address - Street Name: Soniat
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C012
  • 4-Digit Zip Code: 6430
  • Zip Code: 70115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,659

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 230,474
  • High Value: 332,714
  • Low Value: 128,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: IBERIA BANK
  • First Open Lien Mortgage Recording Date: Aug 15, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2032

    Market Valuation

  • Market Total Value: $237,900
  • Market Land Value: $39,000
  • Market Improvement Value: $198,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,790
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $19,890

    Sales

  • Current Sale Contract Date: Nov 30, 2011
  • Current Sale Recording Date: Dec 05, 2011
  • Current Sale Transaction ID: 1048271993
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201144696

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK MORTGAGE COMPA
  • First Mortgage Transaction Date: Dec 05, 2011
  • First Mortgage Loan Amount: $100,000

About Uptown - Carrollton



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Frequently Asked Questions

What neighborhood is 2500 Soniat Street located in?
The 2500 Soniat Street is a located in the neighborhood of Freret in Uptown - Carrollton, New Orleans.
What is the average sales price for listings in 2500 Soniat Street?
The average sales price for units in 2500 Soniat Street is $0 currently.

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