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40 Sullivan Place

40 Sullivan Place, New Orleans, LA 70131
Property in Old Aurora
Sold Apr 04, 2022
$87,400
$69,950 by Flagstar Bank Fsb
Mortgage Due Jun 01, 2036
Sold May 24, 2018
$72,000
$68,400 by Movement Mortgage Llc
Mortgage
40 Sullivan Place in New Orleans, LA was first built in 1960 and is 64 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 40 Sullivan Place has 714 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 5,670 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. 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, 40 Sullivan Place was last sold in Jan 1, 1970 for $87,400. According to our calculations, that's $122.41 per sqft. Prior to that sales transaction, the property was sold for $72,000 in May 17, 2018. Current property owners are expected to pay $153 in taxes per year. The property on 40 Sullivan Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,220. To break that down further, the land itself was valued at $1,700. While improvements to the property were assessed at a total of $6,520. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,670
  • Total Building Area: 714
  • Building Area: 714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 714
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTLEE
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: HUNTLEE VILLAGE SQ 10 LOT 167 54 X 105 40 SULLIVAN PL

Ownership

  • Current Owner : LYNCH CHRISTY LEE
  • Previous Owner : LYNCH CHAUVIN CHRISTY
  • Owner Before Previous Owner: LANGLEY JOHN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 000607

Geography

  • District: 5-13 WARD
  • Parcel: 513802329
  • Block: 10
  • Lot: 167
  • Municipality: DISTRICT 5
  • Latitude: 29.9281
  • Longitude: -90.0032

    Address

  • Full Address: 40 Sullivan Pl
  • Address - House Number: 40
  • Address - Street Name: Sullivan
  • Address - Suffix Type: Pl
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C022
  • 4-Digit Zip Code: 3730
  • Zip Code: 70131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $153

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 88,874
  • High Value: 129,507
  • Low Value: 48,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $69,950
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Apr 04, 2022
  • First Open Lien Mortgage Loan Amount: $69,950
  • First Open Lien Mortgage Term: 169
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $82,200
  • Market Land Value: $17,000
  • Market Improvement Value: $65,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,220
  • Assessed Land Value: $1,700
  • Assessed Improvements Value: $6,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Apr 04, 2022
  • Current Sale Transaction ID: 11884147802
  • Current Sale Price: $87,400
  • Current Sale Document Type: Gift Deed
  • Current Sale Input Document Number: 13252
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Contract Date: May 17, 2018
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Apr 04, 2022
  • First Mortgage Loan Amount: $69,950
  • First Mortgage Terms: 169
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 24, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $68,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 40 Sullivan Place located in?
The 40 Sullivan Place is a located in the neighborhood of Old Aurora in Algiers, New Orleans.
What is the average sales price for listings in 40 Sullivan Place?
The average sales price for units in 40 Sullivan Place is $0 currently.

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