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4527 Majestic Oaks Drive

4527 Majestic Oaks Drive, New Orleans, LA 70126
Property in Pines Village
Sold Sep 06, 2019
$129,000
$126,663 by Home Point Financial Corporati
Mortgage Due Sep 06, 2049
Sold Jun 03, 2004
$80,000
$55,825 by Gilyot Mortgage Corp
Mortgage
Local assessors in New Orleans, LA have categorized 4527 Majestic Oaks Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 7,350 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4527 Majestic Oaks Drive has a total of 1,107 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 4527 Majestic Oaks Drive was last sold in Aug 30, 2019 for $129,000. According to our calculations, that's $116.53 per sqft. Prior to that sales transaction, the property was sold for $80,000 in May 28, 2004. Current property owners are expected to pay $362 in taxes per year. The property on 4527 Majestic Oaks Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $12,260. To break that down further, the land itself was valued at $1,100. While improvements to the property were assessed at a total of $11,160. 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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,350
  • Total Building Area: 1,107
  • Building Area: 1,107
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,107
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAJESTIC
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: MAJESTIC OAKS SUB DIV SQ 5 LOTS 14 15 MAJESTIC OAKS 25 X 147 EACH SGLE/BR 7 1/2 RMS C/R GARAGE

Ownership

  • Current Owner : PARKER ROY R
  • Previous Owner : PERSON DARRYL W
  • Previous Owner 2: PERSON QIANA CLARK
  • Owner Before Previous Owner: CARTER JANICE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 001720

Geography

  • District: 3-9 WARD
  • Parcel: 39W917105
  • Block: 5
  • Lot: 14-15
  • Municipality: DISTRICT 3
  • Latitude: 30.0149
  • Longitude: -90.0155

    Address

  • Full Address: 4527 Majestic Oaks Dr
  • Address - House Number: 4527
  • Address - Street Name: Majestic Oaks
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C036
  • 4-Digit Zip Code: 3926
  • Zip Code: 70126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $362

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 168,493
  • High Value: 243,238
  • Low Value: 93,747

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,663
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Sep 06, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $126,663
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 06, 2049

    Market Valuation

  • Market Total Value: $122,600
  • Market Land Value: $11,000
  • Market Improvement Value: $111,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,260
  • Assessed Land Value: $1,100
  • Assessed Improvements Value: $11,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Transaction ID: 11645969206
  • Current Sale Price: $129,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201934794
  • Previous Sale Recording Date: Jun 03, 2004
  • Previous Sale Contract Date: May 28, 2004
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Sep 06, 2019
  • First Mortgage Loan Amount: $126,663
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GILYOT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 03, 2004
  • Previous Mortgage Loan Amount: $55,825

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Frequently Asked Questions

What neighborhood is 4527 Majestic Oaks Drive located in?
The 4527 Majestic Oaks Drive is a located in the neighborhood of Pines Village in New Orleans East Area, New Orleans.
What is the average sales price for listings in 4527 Majestic Oaks Drive?
The average sales price for units in 4527 Majestic Oaks Drive is $0 currently.

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