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2925 Tulane Avenue

2925 Tulane Avenue, New Orleans, LA 70119
Property in Mid-City
Sold Dec 26, 2019
$235,000
$185,000 by Metairie Bank & Trust
Mortgage Due Dec 26, 2049
Sold Aug 21, 2018
$220,000
$198,000 by Gulf Coast Bank & Trust Compan
Mortgage
2925 Tulane Avenue in New Orleans, LA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. 2925 Tulane Avenue has 1,091 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,260 square feet.

Learn more about the property and building on this page. The property was last sold in Dec 19, 2019 for $235,000. That's $215.40 per sqft. Prior to that sales transaction, the property was also sold in Aug 17, 2018 for $220,000. 2925 Tulane Avenue was last assessed in 2023. The total value of the property was assessed at $23,540. Specifically, the land the property is located on was valued at $9,780. While improvements on the property were assessed at a total of $13,760. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,410. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,260
  • Total Building Area: 1,091
  • Building Area: 1,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,091
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1ST
  • Land Acres: 0.075
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 627 PT LOT 31 OR 21 OR 14 TULANE 28' 9' X 113' 9' OVER 113'

Ownership

  • Current Owner : JIK REAL ESTATE HOLDING COMPANY LLC
  • Previous Owner : SUCCESSION OF MARK ALDEN NETTERVILLE
  • Owner Before Previous Owner: NAZRUL MUQAM ALI LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Orleans Parish School District
  • School Tax School District: 1-MDCY
  • Census Tract: 007101

Geography

  • District: 1-5 WARD
  • Parcel: 105203707
  • Block: 627
  • Lot: 31
  • Municipality: DISTRICT 1
  • Latitude: 29.9635
  • Longitude: -90.0937

    Address

  • Full Address: 2925 Tulane Ave
  • Address - House Number: 2925
  • Address - Street Name: Tulane
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C010
  • 4-Digit Zip Code: 7343
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,410

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 292,709
  • High Value: 426,536
  • Low Value: 158,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,000
  • First Open Lien Mortgage Lender: METAIRIE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Dec 26, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $185,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 26, 2049

    Market Valuation

  • Market Total Value: $235,400
  • Market Land Value: $97,800
  • Market Improvement Value: $137,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,540
  • Assessed Land Value: $9,780
  • Assessed Improvements Value: $13,760

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 26, 2019
  • Current Sale Transaction ID: 11713881672
  • Current Sale Price: $235,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201951425
  • Previous Sale Recording Date: Aug 21, 2018
  • Previous Sale Contract Date: Aug 17, 2018
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: METAIRIE BANK & TRUST
  • First Mortgage Transaction Date: Dec 26, 2019
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • Previous Mortgage Transaction Date: Aug 21, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $198,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 2925 Tulane Avenue located in?
The 2925 Tulane Avenue is a located in the neighborhood of Mid-City in Mid-City, New Orleans.
What is the average sales price for listings in 2925 Tulane Avenue?
The average sales price for units in 2925 Tulane Avenue is $0 currently.

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