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4738 Arts Street

4738 Arts Street, New Orleans, LA 70122
Property in Gentilly Terrace
Sold Oct 19, 2021
$385,000
$346,500 by Gulf Coast Bank & Trust Compan
Mortgage Due Oct 19, 2051
Sold Apr 07, 2016
$277,700
4738 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 1940 and is 84 years old. The home has a total of 8 rooms. 4 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, 4738 Arts Street has 2,215 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The exterior walls of the building are made of alum/vinyl siding. The property was last sold in Oct 15, 2021 for $385,000. That's $173.81 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 2016 for $277,700. 4738 Arts Street was last assessed in 2023. The total value of the property was assessed at $24,990. Specifically, the land the property is located on was valued at $2,980. While improvements on the property were assessed at a total of $22,010. 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 $3,362. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,950
  • Total Building Area: 2,215
  • Building Area: 2,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,215
  • 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 11 12 ARTS 25X119 EACH SGLE/FR 8/RM GARAGE A/R (SIDING)

Ownership

  • Current Owner : MACKIE-STEPHENSON AYSHIA
  • Current Owner 2: MACKIE-STEPHENSON CARLIN
  • Previous Owner : REZVANI RAMIN
  • Previous Owner 2: REZVANI HOPE SMITH
  • Owner Before Previous Owner: HAYDEL CHASE TRAVIS SCOTT
  • Owner Before Previous Owner 2: HAYDEL CHASE CHASTITY

Neighborhood

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

Geography

  • District: 3-8 WARD
  • Parcel: 38W403905
  • Block: 37
  • Lot: 11
  • Municipality: DISTRICT 3
  • Latitude: 30.0076
  • Longitude: -90.0537

    Address

  • Full Address: 4738 Arts St
  • Address - House Number: 4738
  • 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: $3,362

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 316,798
  • High Value: 461,639
  • Low Value: 171,956

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,500
  • First Open Lien Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Open Lien Mortgage Recording Date: Oct 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $346,500
  • 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 19, 2051

    Market Valuation

  • Market Total Value: $249,900
  • Market Land Value: $29,800
  • Market Improvement Value: $220,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,990
  • Assessed Land Value: $2,980
  • Assessed Improvements Value: $22,010

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Transaction ID: 11861225019
  • Current Sale Price: $385,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202143315
  • Previous Sale Recording Date: Apr 07, 2016
  • Previous Sale Contract Date: Mar 31, 2016
  • Previous Sale Amount: $277,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Mortgage Transaction Date: Oct 19, 2021
  • First Mortgage Loan Amount: $346,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Gentilly



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Frequently Asked Questions

What neighborhood is 4738 Arts Street located in?
The 4738 Arts Street is a located in the neighborhood of Gentilly Terrace in Gentilly, New Orleans.
What is the average sales price for listings in 4738 Arts Street?
The average sales price for units in 4738 Arts Street is $0 currently.

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