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2548 Buccaneer Drive

2548 Buccaneer Drive, Marrero, LA 70072
Property in Jefferson
Sold Aug 11, 2020
$162,500
$164,646 by Nations Lending Corporation
Mortgage Due Aug 11, 2050
Sold Feb 20, 2014
$81,600
$80,514 by Gmfs Llc
Mortgage
2548 Buccaneer Drive has been categorized by the local assessors in Marrero, LA as a residential type of property. The area measurement of the land has been determined as 5,056 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. 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, 2548 Buccaneer Drive sold most recently in Aug 7, 2020 for a total of $162,500. Before that, the property was also sold for $81,600 in Feb 19, 2014. 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 $1,089 in taxes each year. 2548 Buccaneer Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,440. If we break it down further, the land itself was valued at $750. Improvements to the property, however, were assessed at a total of $14,690. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,056
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUCCANEER VILLA
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 SQ C BUCCANEER VILLA

Ownership

  • Current Owner : WILLIS BRUCE
  • Previous Owner : LIN XING CHEN
  • Previous Owner 2: LIN JING
  • Owner Before Previous Owner: THE SECRETARY OF H U D WASHING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 027820

Zoning

  • Zoning: R1A

Geography

  • District: 43
  • Parcel: 0-43-0000700
  • Block: C
  • Lot: 2
  • Municipality: AMES NO2 - AREA
  • Latitude: 29.8389
  • Longitude: -90.1069

    Address

  • Full Address: 2548 Buccaneer Dr
  • Address - House Number: 2548
  • Address - Street Name: Buccaneer
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Marrero
  • Carrier Code: C032
  • 4-Digit Zip Code: 6410
  • Zip Code: 70072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,089
  • Tax Rate Code Area: 43-AMES NO

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 55
  • Final Value: 200,677
  • High Value: 245,790
  • Low Value: 155,563

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $216,402
  • First Open Lien Mortgage Lender: NATIONS LENDING CORPORATION
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $164,646
  • 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: Aug 11, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Oct 25, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $12,556
  • Second Open Lien Mortgage Term: 346
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Third Open Lien Mortgage Lender: US SMALL BUSINESS ADMINISTRATI
  • Third Open Lien Mortgage Recording Date: Apr 25, 2022
  • Third Open Lien Mortgage Loan Amount: $39,200
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • Third Open Lien Mortgage Loan Due Date: Nov 26, 2051

    Market Valuation

  • Market Total Value: $154,400
  • Market Land Value: $7,500
  • Market Improvement Value: $146,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,440
  • Assessed Land Value: $750
  • Assessed Improvements Value: $14,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11783908763
  • Current Sale Price: $162,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12037515
  • Previous Sale Recording Date: Feb 20, 2014
  • Previous Sale Contract Date: Feb 19, 2014
  • Previous Sale Amount: $81,600
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS LENDING CORPORATION
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $164,646
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GMFS LLC
  • Previous Mortgage Transaction Date: Feb 20, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $80,514
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Estelle



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Nearby Rentals

Unit for rent at 5241 Savannah Lane, Marrero, LA, 70072

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,848 ft²
5241 Savannah Lane, Marrero, LA, 70072 Listing by MARYJO J HOOVER

Frequently Asked Questions

What neighborhood is 2548 Buccaneer Drive located in?
The 2548 Buccaneer Drive is a located in the neighborhood of Jefferson in Estelle, Marrero.
What is the average sales price for listings in 2548 Buccaneer Drive?
The average sales price for units in 2548 Buccaneer Drive is $0 currently.

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