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4131 Gibson Street

4131 Gibson Street, New Orleans, LA 70122
Property in St. Bernard Area
Sold Feb 10, 2021
$235,600
Sold Oct 01, 2019
$45,000
4131 Gibson Street in New Orleans, LA was first built in 1950 and is 74 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 12 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4131 Gibson Street has 1,810 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 3,840 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 unsound. The exterior walls of the home are made of alum/vinyl siding. 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, 4131 Gibson Street was last sold in Feb 4, 2021 for $235,600. According to our calculations, that's $130.17 per sqft. Prior to that sales transaction, the property was sold for $45,000 in Sep 27, 2019. Current property owners are expected to pay $1,694 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2008. The property on 4131 Gibson Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,790. To break that down further, the land itself was valued at $1,540. While improvements to the property were assessed at a total of $28,250. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Unsound
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,840
  • Total Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ST BERNARD
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 2876 LOT 8 GIBSON 32X120 DBLE/FR 12/RM A/R

Ownership

  • Current Owner : NV INVESTMENT LLC
  • Previous Owner : VU THANH XUAN
  • Owner Before Previous Owner: 3F PROPERTIES OF LOUISIANA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 013800

Geography

  • District: 3-7 WARD
  • Parcel: 37W419804
  • Block: 2876
  • Lot: 8
  • Municipality: DISTRICT 3
  • Latitude: 29.9997
  • Longitude: -90.076

    Address

  • Full Address: 4131 Gibson St
  • Address - House Number: 4131
  • Address - Street Name: Gibson
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C060
  • 4-Digit Zip Code: 1623
  • Zip Code: 70122

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,694
  • Intital Tax Deliquent Year: 2008

    Market Valuation

  • Market Total Value: $297,900
  • Market Land Value: $15,400
  • Market Improvement Value: $282,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,790
  • Assessed Land Value: $1,540
  • Assessed Improvements Value: $28,250

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Transaction ID: 11820304248
  • Current Sale Price: $235,600
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 202106036
  • Previous Sale Recording Date: Oct 01, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Mortgage Transaction Date: Feb 10, 2021
  • First Mortgage Loan Amount: $188,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 4131 Gibson Street located in?
The 4131 Gibson Street is a located in the neighborhood of St. Bernard Area in Mid-City, New Orleans.
What is the average sales price for listings in 4131 Gibson Street?
The average sales price for units in 4131 Gibson Street is $0 currently.

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