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4716 Arts Street

4716 Arts Street, New Orleans, LA 70122
Property in Gentilly Terrace
Sold Oct 27, 2020
$385,500
$366,225 by United Wholesale Mortgage
Mortgage Due Oct 27, 2050
Sold Jun 28, 2016
$282,500
$268,375 by Movement Mortgage Llc
Mortgage
4716 Arts 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 1950 and is 74 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4716 Arts Street has 1,759 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 5,950 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. 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. 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, 4716 Arts Street was last sold in Oct 23, 2020 for $385,500. According to our calculations, that's $219.16 per sqft. Prior to that sales transaction, the property was sold for $282,500 in Jun 29, 2015. Current property owners are expected to pay $4,216 in taxes per year. The property on 4716 Arts Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,550. To break that down further, the land itself was valued at $2,980. While improvements to the property were assessed at a total of $35,570. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,950
  • Total Building Area: 1,759
  • Building Area: 1,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,759
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GENT TERR
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: GENTILLY TERRACE SQ 37 LOTS 5 6 ARTS 25X119 EACH W/FR SGLE 9/RMS S/R GARAGE

Ownership

  • Current Owner : LOEHN JUSTIN
  • Current Owner 2: TURRY NICOLE
  • Previous Owner : SEMMES JOHN G
  • Previous Owner 2: SEMMES ERIKA SILVERNALE
  • Owner Before Previous Owner: GIBB CORINNE LEDISSEZ
  • Owner Before Previous Owner 2: GIBB BRUCE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 002503

Geography

  • District: 3-8 WARD
  • Parcel: 38W403902
  • Block: 37
  • Lot: 5
  • Municipality: DISTRICT 3
  • Latitude: 30.0072
  • Longitude: -90.0536

    Address

  • Full Address: 4716 Arts St
  • Address - House Number: 4716
  • Address - Street Name: Arts
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C026
  • 4-Digit Zip Code: 5012
  • Zip Code: 70122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,216

    Appraisal Valuation

  • Standard Deviation: 0.2437
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 473,840
  • High Value: 589,360
  • Low Value: 358,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,225
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $366,225
  • 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: Oct 27, 2050

    Market Valuation

  • Market Total Value: $385,500
  • Market Land Value: $29,800
  • Market Improvement Value: $355,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,550
  • Assessed Land Value: $2,980
  • Assessed Improvements Value: $35,570

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11803527418
  • Current Sale Price: $385,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202039441
  • Previous Sale Recording Date: Jun 28, 2016
  • Previous Sale Contract Date: Jun 29, 2015
  • Previous Sale Amount: $282,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $366,225
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 28, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $268,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Gentilly



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Frequently Asked Questions

What neighborhood is 4716 Arts Street located in?
The 4716 Arts Street is a located in the neighborhood of Gentilly Terrace in Gentilly, New Orleans.
What is the average sales price for listings in 4716 Arts Street?
The average sales price for units in 4716 Arts Street is $0 currently.

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