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5111 Laurel Street

5111 Laurel Street, New Orleans, LA 70115
Property in West Riverside
Sold Oct 27, 2015
$875,000
$500,000 by Iberiabank
Mortgage Due Mar 01, 2050
5111 Laurel Street in New Orleans, LA was first built in 1920 and is 104 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 5111 Laurel Street has 3,584 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,125 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The property was last sold in Oct 23, 2015 for $875,000. That's $244.14 per sqft. 5111 Laurel Street was last assessed in 2023. The total value of the property was assessed at $96,810. Specifically, the land the property is located on was valued at $12,810. While improvements on the property were assessed at a total of $84,000. 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 $12,073. 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. 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: 1920
  • Effective Year Built: 1920
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Good
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,125
  • Total Building Area: 3,584
  • Building Area: 3,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,584
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AVART
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 182 LOT A LAUREL 41X125 5111 LAUREL ST DU-W FILE #66263 4-90

Ownership

  • Current Owner : RACE TANYA SIBAI
  • Current Owner 2: RACE JOHN DUDLEY
  • Previous Owner : SDJ2 LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 010600

Geography

  • District: 6-14 WARD
  • Parcel: 614122302
  • Block: 182
  • Lot: B
  • Municipality: DISTRICT 6
  • Latitude: 29.9185
  • Longitude: -90.1105

    Address

  • Full Address: 5111 Laurel St
  • Address - House Number: 5111
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C050
  • 4-Digit Zip Code: 1837
  • Zip Code: 70115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,073

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 1,194,676
  • High Value: 1,509,208
  • Low Value: 880,144

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,111,000
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Feb 04, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: HOME BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 28, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 23, 2035
  • Third Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • Third Open Lien Mortgage Recording Date: Oct 07, 2021
  • Third Open Lien Mortgage Financing Type: Adjustable Rate
  • Third Open Lien Mortgage Loan Amount: $511,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Third Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $968,100
  • Market Land Value: $128,100
  • Market Improvement Value: $840,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,810
  • Assessed Land Value: $12,810
  • Assessed Improvements Value: $84,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2015
  • Current Sale Recording Date: Oct 27, 2015
  • Current Sale Transaction ID: 1351831614
  • Current Sale Price: $875,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201546170

    Last Sale Mortgage

  • First Mortgage Lender: HOME BANK NA
  • First Mortgage Transaction Date: Oct 27, 2015
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Uptown - Carrollton



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Frequently Asked Questions

What neighborhood is 5111 Laurel Street located in?
The 5111 Laurel Street is a located in the neighborhood of West Riverside in Uptown - Carrollton, New Orleans.
What is the average sales price for listings in 5111 Laurel Street?
The average sales price for units in 5111 Laurel Street is $0 currently.

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