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408 North Tonti Street

408 North Tonti Street, New Orleans, LA 70119
Property in Tulane - Gravier
Sold Jul 19, 2019
$305,099
$289,844 by Iberiabank
Mortgage Due Jul 19, 2049
Sold Dec 20, 2012
$16,500
408 North Tonti Street 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 1900 and is 124 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 2 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, 408 North Tonti Street has 1,375 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 2,268 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as unsound. 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 frame control joints. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 408 North Tonti Street sold most recently in Jul 12, 2019 for a total of $305,099. If you work out the math, that's approximately a cost of $221.89 per sqft. Before that, the property was also sold for $16,500 in Dec 19, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,144 in taxes each year. 408 North Tonti Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,510. If we break it down further, the land itself was valued at $3,400. Improvements to the property, however, were assessed at a total of $27,110. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Unsound
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,268
  • Total Building Area: 1,375
  • Gross Building Area: 1,375
  • Building Area: 1,375
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,375
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.052
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 300 LOT 3 N TONTI 28X81 408-10 N TONTI ST

Ownership

  • Current Owner : BROWN BRANDON JOSEPH
  • Current Owner 2: NOLAN BRIDGET JOYCE
  • Previous Owner : GARDNER SCHORP LLC
  • Owner Before Previous Owner: RESIDENTIAL HOLDINGS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 004900

Geography

  • District: 2-6 WARD
  • Parcel: 206202524
  • Block: 300
  • Lot: 3
  • Municipality: DISTRICT 2
  • Latitude: 29.966
  • Longitude: -90.0814

    Address

  • Full Address: 408 N Tonti St
  • Address - House Number: 408
  • Street Direction: N
  • Address - Street Name: Tonti
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C050
  • 4-Digit Zip Code: 5739
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,144

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 318,710
  • High Value: 460,092
  • Low Value: 177,327

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,844
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Jul 19, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $289,844
  • 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: Jul 19, 2049

    Market Valuation

  • Market Total Value: $305,100
  • Market Land Value: $34,000
  • Market Improvement Value: $271,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,510
  • Assessed Land Value: $3,400
  • Assessed Improvements Value: $27,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 19, 2019
  • Current Sale Transaction ID: 11628307558
  • Current Sale Price: $305,099
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201927813
  • Previous Sale Recording Date: Dec 20, 2012
  • Previous Sale Contract Date: Dec 19, 2012
  • Previous Sale Amount: $16,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Jul 19, 2019
  • First Mortgage Loan Amount: $289,844
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mid-City



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Frequently Asked Questions

What neighborhood is 408 North Tonti Street located in?
The 408 North Tonti Street is a located in the neighborhood of Tulane - Gravier in Mid-City, New Orleans.
What is the average sales price for listings in 408 North Tonti Street?
The average sales price for units in 408 North Tonti Street is $0 currently.

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