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2625 Acacia Street

2625 Acacia Street, New Orleans, LA 70122
Multifamily in Gentilly Terrace
2625 Acacia 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 2011 and is 13 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2625 Acacia Street has 1,400 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 3,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 average. The exterior walls of the building are made of alum/vinyl siding. 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, 2625 Acacia Street sold most recently in Nov 3, 2021 for a total of $290,000. If you work out the math, that's approximately a cost of $207.14 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 $2,197 in taxes each year. 2625 Acacia Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,360. If we break it down further, the land itself was valued at $1,440. Improvements to the property, however, were assessed at a total of $22,920. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210915
09/15/2021
4 Bed
4 Bath
1832 ft²
$290,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
1832 ft²
$290,000
11/12/2021
Lawless Turner
Keller Williams - New Orleans

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDGWD PK
  • Land Acres: 0.083
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: EDGEWOOD PARK SQ 14 LOT 42 ACACIA 30X120 VACANT

Ownership

  • Current Owner : HUNTER SHIGEKO
  • Current Owner 2: HUNTER TERRENCE
  • Previous Owner : PARK JINYOUNG

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 002402

Geography

  • District: 3-8 WARD
  • Parcel: 38W304530
  • Block: 14
  • Lot: 42
  • Municipality: DISTRICT 3
  • Latitude: 29.9964
  • Longitude: -90.049

    Address

  • Full Address: 2625 Acacia St
  • Address - House Number: 2625
  • Address - Street Name: Acacia
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C048
  • 4-Digit Zip Code: 5915
  • Zip Code: 70122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,197

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 202,152
  • High Value: 291,828
  • Low Value: 112,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,747
  • First Open Lien Mortgage Lender: GMFS LLC
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $284,747
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 12, 2051

    Market Valuation

  • Market Total Value: $243,600
  • Market Land Value: $14,400
  • Market Improvement Value: $229,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,360
  • Assessed Land Value: $1,440
  • Assessed Improvements Value: $22,920

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11869856357
  • Current Sale Price: $290,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202146747

    Last Sale Mortgage

  • First Mortgage Lender: GMFS LLC
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $284,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Gentilly



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Frequently Asked Questions

What neighborhood is 2625 Acacia Street located in?
The 2625 Acacia Street is a multifamily located in the neighborhood of Gentilly Terrace in Gentilly, New Orleans.
What is the average sales price for listings in 2625 Acacia Street?
The average sales price for units in 2625 Acacia Street is $290,000 , or $158/sqft. currently.

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