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4708 Banks Street

4708 Banks Street, New Orleans, LA 70119
Property in Mid-City
1 Units For Sale
Unit for sale at 4708-10 BANKS Street, New Orleans, LA 70119

$575,000

  • Studio
  • 2,800 ft²
4708-10 BANKS Street, New Orleans, LA 70119 Listing by Rae M Bryan

Local assessors in New Orleans, LA have categorized 4708 Banks Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 3,456 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4708 Banks Street has a total of 2,800 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. 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 frame control joints. The property was last sold in Oct 16, 2015 for $370,000. That's $132.14 per sqft. Prior to that sales transaction, the property was also sold in Jul 3, 2007 for $119,000. 4708 Banks Street was last assessed in 2023. The total value of the property was assessed at $34,300. Specifically, the land the property is located on was valued at $5,180. While improvements on the property were assessed at a total of $29,120. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,816. 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

Concrete Exterior

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,456
  • Total Building Area: 2,800
  • Gross Building Area: 2,800
  • Building Area: 2,800
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ADLOE ORR
  • Land Acres: 0.079
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 830 LOT A OR 8 BANKS 32X108 4708-10 BANKS

Ownership

  • Current Owner : LEBAS RENTALS LLC
  • Previous Owner : SMITH ROSIE LEE
  • Previous Owner 2: SMITH BEN
  • Owner Before Previous Owner: TRI MEG PROPERTIES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 1-5 WARD
  • Parcel: 105309406
  • Block: 830
  • Lot: A
  • Municipality: DISTRICT 1
  • Latitude: 29.9761
  • Longitude: -90.1097

    Address

  • Full Address: 4708 Banks St
  • Address - House Number: 4708
  • Address - Street Name: Banks
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C053
  • 4-Digit Zip Code: 6607
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,816

    Appraisal Valuation

  • Standard Deviation: 0.2734
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 483,116
  • High Value: 615,203
  • Low Value: 351,030

    Market Valuation

  • Market Total Value: $343,000
  • Market Land Value: $51,800
  • Market Improvement Value: $291,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,300
  • Assessed Land Value: $5,180
  • Assessed Improvements Value: $29,120

    Sales

  • Current Sale Contract Date: Oct 16, 2015
  • Current Sale Recording Date: Oct 20, 2015
  • Current Sale Transaction ID: 1348205030
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201544942
  • Previous Sale Recording Date: Jul 18, 2007
  • Previous Sale Contract Date: Jul 03, 2007
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Warranty Deed

About Mid-City



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Frequently Asked Questions

What neighborhood is 4708 Banks Street located in?
The 4708 Banks Street is a located in the neighborhood of Mid-City in Mid-City, New Orleans.
How many listings are currently for sale in 4708 Banks Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 4708 Banks Street?
The average sales price for units in 4708 Banks Street is $575,000 , or $205/sqft. currently.

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