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3955 Magazine Street

3955 Magazine Street, New Orleans, LA 70115
Property in Touro
3955 Magazine Street in New Orleans, LA was first built in 1920 and is 104 years old. This has been categorized as a commercial property type. 3955 Magazine Street has 1,344 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 4,320 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3955 Magazine Street was last sold in Apr 30, 2018 for $219,301. According to our calculations, that's $163.17 per sqft. Prior to that sales transaction, the property was sold for $26,876 in Apr 30, 2018. Current property owners are expected to pay $6,939 in taxes per year. The property on 3955 Magazine Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $53,660. To break that down further, the land itself was valued at $15,120. While improvements to the property were assessed at a total of $38,540. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

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: 4,320
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.099
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: SQ 226 LOT A MAGAZINE 36X120 S-W/STORE-W 3955-57 MAGAZINE ST

Ownership

  • Current Owner : THOMAS JOSEPH SCIORTINO SPECIAL NEEDS TR
  • Previous Owner : SCIORTINO THOMAS J
  • Owner Before Previous Owner: REGINA LLC A LOUISIANA LIMITED LIABILITY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • School Tax School District: 6-BOLG
  • Census Tract: 009900

Geography

  • District: 6-14 WARD
  • Parcel: 614200918
  • Block: 226
  • Lot: A
  • Municipality: DISTRICT 6
  • Latitude: 29.9214
  • Longitude: -90.0966

    Address

  • Full Address: 3955 Magazine St
  • Address - House Number: 3955
  • Address - Street Name: Magazine
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C028
  • 4-Digit Zip Code: 2665
  • Zip Code: 70115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,939

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $438,602
  • First Open Lien Mortgage Lender: 3RD PARTY INDIVIDUAL
  • First Open Lien Mortgage Recording Date: May 01, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $219,301
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Assumption
  • First Open Lien Mortgage Loan Due Date: May 01, 2048
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: 3RD PARTY INDIVIDUAL
  • Second Open Lien Mortgage Recording Date: May 01, 2018
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $219,301
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: May 01, 2048
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $513,000
  • Market Land Value: $151,200
  • Market Improvement Value: $361,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,660
  • Assessed Land Value: $15,120
  • Assessed Improvements Value: $38,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: May 01, 2018
  • Current Sale Transaction ID: 11455551804
  • Current Sale Price: $219,301
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201815810
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Contract Date: Apr 30, 2018
  • Previous Sale Amount: $26,876
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: 3RD PARTY INDIVIDUAL
  • First Mortgage Transaction Date: May 01, 2018
  • First Mortgage Loan Amount: $219,301
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Assumption

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: 3RD PARTY INDIVIDUAL
  • Previous Mortgage Transaction Date: May 01, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $219,301
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Central City - Garden



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Frequently Asked Questions

What neighborhood is 3955 Magazine Street located in?
The 3955 Magazine Street is a located in the neighborhood of Touro in Central City - Garden, New Orleans.
What is the average sales price for listings in 3955 Magazine Street?
The average sales price for units in 3955 Magazine Street is $0 currently.

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