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38 Grand Canyon Drive

38 Grand Canyon Drive, New Orleans, LA 70131
Sold Feb 24, 2022
$530,000
$317,190 by First Horizon Bank
Mortgage Due Mar 01, 2052
Sold Aug 12, 2019
$243,000
38 Grand Canyon Drive 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 1975 and is 49 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 38 Grand Canyon Drive has 2,685 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 7,052 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 506 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 4, 2022 for $530,000. That's $197.39 per sqft. Prior to that sales transaction, the property was also sold in Aug 9, 2019 for $243,000. 38 Grand Canyon Drive was last assessed in 2023. The total value of the property was assessed at $26,200. Specifically, the land the property is located on was valued at $4,940. While improvements on the property were assessed at a total of $21,260. 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 $2,598. 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. 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: 1975
  • Effective Year Built: 1975
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 506
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,052
  • Total Building Area: 2,685
  • Building Area: 2,685
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,685
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK TIMBR
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PARK TIMBERS SQ D LOT 200 58/70 X 110 38 GRAND CANYON DR

Ownership

  • Current Owner : OBIH CHIOMA C
  • Previous Owner : TAMAYO RECHT VICTORIA
  • Previous Owner 2: HEINZ ALEXANDER
  • Owner Before Previous Owner: MAURER RALPH EMMETT
  • Owner Before Previous Owner 2: BUTLER MARGARET EDWIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 5-13 WARD
  • Parcel: 513838327
  • Block: D
  • Lot: 200
  • Municipality: DISTRICT 5
  • Latitude: 29.9144
  • Longitude: -90.0113

    Address

  • Full Address: 38 Grand Canyon Dr
  • Address - House Number: 38
  • Address - Street Name: Grand Canyon
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C008
  • 4-Digit Zip Code: 8608
  • Zip Code: 70131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,598

    Appraisal Valuation

  • Standard Deviation: 0.274
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 406,647
  • High Value: 518,096
  • Low Value: 295,199

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $317,190
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Loan Amount: $317,190
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $262,000
  • Market Land Value: $49,400
  • Market Improvement Value: $212,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,200
  • Assessed Land Value: $4,940
  • Assessed Improvements Value: $21,260

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Feb 24, 2022
  • Current Sale Transaction ID: 11880546799
  • Current Sale Price: $530,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 7803
  • Previous Sale Recording Date: Aug 12, 2019
  • Previous Sale Contract Date: Aug 09, 2019
  • Previous Sale Amount: $243,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Feb 24, 2022
  • First Mortgage Loan Amount: $317,190
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Aug 12, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $230,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Algiers



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Frequently Asked Questions

What neighborhood is 38 Grand Canyon Drive located in?
The 38 Grand Canyon Drive is a located in the neighborhood of Tall Timbers - Brechtel in Algiers, New Orleans.
What is the average sales price for listings in 38 Grand Canyon Drive?
The average sales price for units in 38 Grand Canyon Drive is $0 currently.

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