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5040 Good Drive

5040 Good Drive, New Orleans, LA 70127
Sold May 14, 2010
$110,000
$55,000 by Dryades Savings Bank
Mortgage Due May 14, 2040
Sold Apr 10, 2008
$70,000
$45,000 by Private
Mortgage
5040 Good Drive 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 2005 and is 19 years old. The home has a total of 6 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, 5040 Good Drive has 1,616 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 6,096 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. 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 brick control joints. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5040 Good Drive was last sold in May 7, 2010 for $110,000. According to our calculations, that's $68.07 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Apr 7, 2008. Current property owners are expected to pay $562 in taxes per year. The property on 5040 Good Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $11,300. To break that down further, the land itself was valued at $1,220. While improvements to the property were assessed at a total of $10,080. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,096
  • Total Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,616
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S2 PAR 19
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ F 4 LOT B GOOD DR 67 X 90 PLAN 9-16B-13 2000 ASSESSED 39W035201

Ownership

  • Current Owner : MARTIN WILLIE B
  • Previous Owner : SCOTT MARK JAMES
  • Owner Before Previous Owner: BRADFORD JOYCELYN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 001748

Geography

  • District: 3-9 WARD
  • Parcel: 39W035204
  • Lot: B
  • Municipality: DISTRICT 3
  • Latitude: 30.0276
  • Longitude: -89.9626

    Address

  • Full Address: 5040 Good Dr
  • Address - House Number: 5040
  • Address - Street Name: Good
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C007
  • 4-Digit Zip Code: 3814
  • Zip Code: 70127

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $562

    Appraisal Valuation

  • Standard Deviation: 0.1167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 194,035
  • High Value: 216,681
  • Low Value: 171,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: DRYADES SAVINGS BANK
  • First Open Lien Mortgage Recording Date: May 14, 2010
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 14, 2040

    Market Valuation

  • Market Total Value: $113,000
  • Market Land Value: $12,200
  • Market Improvement Value: $100,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,300
  • Assessed Land Value: $1,220
  • Assessed Improvements Value: $10,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2010
  • Current Sale Recording Date: May 14, 2010
  • Current Sale Transaction ID: 11455435158
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201018695
  • Previous Sale Recording Date: Apr 10, 2008
  • Previous Sale Contract Date: Apr 07, 2008
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRYADES SAVINGS BANK
  • First Mortgage Transaction Date: May 14, 2010
  • First Mortgage Loan Amount: $55,000

    Previous Mortgages

  • Previous Mortgage Lender: PRIVATE
  • Previous Mortgage Transaction Date: Apr 10, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About New Orleans East Area



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Frequently Asked Questions

What neighborhood is 5040 Good Drive located in?
The 5040 Good Drive is a located in the neighborhood of Read Boulevard West in New Orleans East Area, New Orleans.
What is the average sales price for listings in 5040 Good Drive?
The average sales price for units in 5040 Good Drive is $0 currently.

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