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3501 Inwood Avenue

3501 Inwood Avenue, New Orleans, LA 70131
Sold Nov 09, 2017
$224,000
$196,000 by United Wholesale Mortgage Llc
Mortgage Due Feb 01, 2051
Sold Apr 07, 2015
$219,000
$175,200 by Baxter Cu
Mortgage
Local assessors in New Orleans, LA have categorized 3501 Inwood Avenue as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 8,016 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 3 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 3501 Inwood Avenue has a total of 2,315 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 460 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 brick control joints. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 2, 2017 for $224,000. That's $96.76 per sqft. Prior to that sales transaction, the property was also sold in Apr 3, 2015 for $219,000. 3501 Inwood Avenue was last assessed in 2023. The total value of the property was assessed at $22,300. Specifically, the land the property is located on was valued at $4,810. While improvements on the property were assessed at a total of $17,490. 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 $2,072. 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: 1971
  • Effective Year Built: 1971
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Construction Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 460
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,016
  • Total Building Area: 2,315
  • Building Area: 2,315
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,315
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TALL TIMBR
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TALL TIMBERS SEC 5 SQ 117 LOT 252 48/39/73 X 85/110 3501 INWOOD AV & N TEAK AV

Ownership

  • Current Owner : BISSONNETTE MICHAEL CHARLES
  • Current Owner 2: OSTROW ALEXIS CHERY
  • Previous Owner : WARREN DEAN T
  • Owner Before Previous Owner: REED MORRIS W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 000618

Geography

  • District: 5-13 WARD
  • Parcel: 513833815
  • Block: 117
  • Lot: 252
  • Municipality: DISTRICT 5
  • Latitude: 29.9099
  • Longitude: -90.0001

    Address

  • Full Address: 3501 Inwood Ave
  • Address - House Number: 3501
  • Address - Street Name: Inwood
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C042
  • 4-Digit Zip Code: 8401
  • Zip Code: 70131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,072

    Appraisal Valuation

  • Standard Deviation: 0.2786
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 298,630
  • High Value: 381,836
  • Low Value: 215,424

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $196,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $223,000
  • Market Land Value: $48,100
  • Market Improvement Value: $174,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,300
  • Assessed Land Value: $4,810
  • Assessed Improvements Value: $17,490

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2017
  • Current Sale Recording Date: Nov 09, 2017
  • Current Sale Transaction ID: 11295618271
  • Current Sale Price: $224,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201743603
  • Previous Sale Recording Date: Apr 07, 2015
  • Previous Sale Contract Date: Apr 03, 2015
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SOUTHWEST MORTGAGE FU
  • First Mortgage Transaction Date: Nov 09, 2017
  • First Mortgage Loan Amount: $228,816
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Previous Mortgages

  • Previous Mortgage Lender: BAXTER CU
  • Previous Mortgage Transaction Date: Apr 07, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $175,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Algiers



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$2,000 /mo

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6121 Stratford Place, New Orleans, LA, 70131 Listing by Christian Trinchard

Frequently Asked Questions

What neighborhood is 3501 Inwood Avenue located in?
The 3501 Inwood Avenue is a located in the neighborhood of Tall Timbers - Brechtel in Algiers, New Orleans.
What is the average sales price for listings in 3501 Inwood Avenue?
The average sales price for units in 3501 Inwood Avenue is $0 currently.

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