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4513 Banks Street

4513 Banks Street, New Orleans, LA 70119
House in Mid-City
1 Units For Sale
Unit for sale at 4513 BANKS Street, New Orleans, LA 70119

$435,000

  • Studio
  • 1,850 ft²
4513 BANKS Street, New Orleans, LA 70119 Listing by Blaine Loupe

4513 Banks Street has been categorized by the local assessors in New Orleans, LA as a unknown type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4513 Banks Street has 1,764 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 1,140 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 unknown. 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 unknown control joints. 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, 4513 Banks Street sold most recently in Jan 26, 2015 for a total of $290,000. If you work out the math, that's approximately a cost of $164.40 per sqft. Before that, the property was also sold for $230,000 in Sep 30, 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 $3,726 in taxes each year. 4513 Banks Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,490. If we break it down further, the land itself was valued at $1,620. Improvements to the property, however, were assessed at a total of $31,870. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Exterior

Hardboard Siding
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201112
11/12/2020
4 Bed
4 Bath
1850 ft²
$365,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
1850 ft²
-
-
-
Michael Styles
Engel & Volkers New Orleans Metairie
20190909
09/09/2019
4 Bed
4 Bath
1850 ft²
$365,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
1850 ft²
-
-
-
Michael Styles
Engel & Volkers New Orleans Metairie
20170902
09/02/2017
2 Bed
2 Bath
925 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
925 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,140
  • Total Building Area: 1,764
  • Gross Building Area: 1,764
  • Building Area: 1,764
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.026
  • Legal Description 1: SQ 816 LOT 28-A 19X60

Ownership

  • Current Owner : BROGNA COLETTE
  • Previous Owner : GEORGOPOULOS MARY
  • Owner Before Previous Owner: PARTNER DEV UNLIMITED LLC
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Orleans Parish School District
  • School Tax School District: 1-MDCY
  • Census Tract: 006500

Geography

  • District: 1-5 WARD
  • Parcel: 105308423
  • Block: 816
  • Lot: 28-A
  • Municipality: DISTRICT 1
  • Latitude: 29.9754
  • Longitude: -90.1076

    Address

  • Full Address: 4513 Banks St
  • Address - House Number: 4513
  • Address - Street Name: Banks
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C021
  • 4-Digit Zip Code: 6602
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,726

    Appraisal Valuation

  • Standard Deviation: 0.2368
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 461,713
  • High Value: 571,088
  • Low Value: 352,337

    Market Valuation

  • Market Total Value: $334,900
  • Market Land Value: $16,200
  • Market Improvement Value: $318,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,490
  • Assessed Land Value: $1,620
  • Assessed Improvements Value: $31,870

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2015
  • Current Sale Recording Date: Jan 30, 2015
  • Current Sale Transaction ID: 1145065781
  • Current Sale Price: $290,000
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Sep 25, 2013
  • Previous Sale Contract Date: Sep 30, 2012
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY BANK
  • First Mortgage Transaction Date: Jan 30, 2015
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Financing

  • First Mortgage Financing Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: NOLA LENDING GROUP LLC
  • Previous Mortgage Transaction Date: Sep 25, 2013
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $225,834
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

About Mid-City



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Frequently Asked Questions

What neighborhood is 4513 Banks Street located in?
The 4513 Banks Street is a house located in the neighborhood of Mid-City in Mid-City, New Orleans.
How many listings are currently for sale in 4513 Banks Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 4513 Banks Street?
The average sales price for units in 4513 Banks Street is $435,000 , or $235/sqft. currently.

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