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500 South Pierce Street

500 South Pierce Street, New Orleans, LA 70119
House in Mid-City
Sold Jan 06, 2022
$425,000
$382,500 by Reliant Mortgage Llc
Mortgage Due Jan 06, 2052
Local assessors in New Orleans, LA have categorized 500 South Pierce Street as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 7,603 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 500 South Pierce Street has a total of 1,426 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 detached garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. There are 4 fireplaces in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 22, 2021 for $425,000. That's $298.04 per sqft. 500 South Pierce Street was last assessed in 2023. The total value of the property was assessed at $26,210. Specifically, the land the property is located on was valued at $11,400. While improvements on the property were assessed at a total of $14,810. 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 $2,821. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,603
  • Total Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 4
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,426
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 751 LOT 22 SOUTH PIERCE 32X120 1 LOT 23 SOUTH PIERCE AND BAUDIN 31 4X120

Ownership

  • Current Owner : BEERAM SAMANTHA REDDY
  • Previous Owner : SCHMIDT NORINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • School Tax School District: 1-MDCY
  • Census Tract: 006400

Geography

  • District: 1-5 WARD
  • Parcel: 105303818
  • Block: 751
  • Lot: 22
  • Municipality: DISTRICT 1
  • Latitude: 29.97
  • Longitude: -90.1025

    Address

  • Full Address: 500 S Pierce St
  • Address - House Number: 500
  • Street Direction: S
  • Address - Street Name: Pierce
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C051
  • 4-Digit Zip Code: 6804
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,821

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 399,682
  • High Value: 507,294
  • Low Value: 292,069

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $382,500
  • First Open Lien Mortgage Lender: RELIANT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 06, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $382,500
  • 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: Jan 06, 2052

    Market Valuation

  • Market Total Value: $262,100
  • Market Land Value: $114,000
  • Market Improvement Value: $148,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,210
  • Assessed Land Value: $11,400
  • Assessed Improvements Value: $14,810

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11877143717
  • Current Sale Price: $425,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202200837

    Last Sale Mortgage

  • First Mortgage Lender: RELIANT MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 06, 2022
  • First Mortgage Loan Amount: $382,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mid-City



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 500 South Pierce Street located in?
The 500 South Pierce Street is a house located in the neighborhood of Mid-City in Mid-City, New Orleans.
What is the average sales price for listings in 500 South Pierce Street?
The average sales price for units in 500 South Pierce Street is $0 currently.

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