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516 Washington Avenue

516 Washington Avenue, New Orleans, LA 70130
Property in Irish Channel
Sold Aug 15, 2017
$195,000
$146,250 by Americas Mortgage Resource Inc
Mortgage Due Aug 15, 2047
516 Washington Avenue in New Orleans, LA was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 516 Washington Avenue has 1,080 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 3,388 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 average. The property was last sold in Aug 11, 2017 for $195,000. That's $180.56 per sqft. 516 Washington Avenue was last assessed in 2023. The total value of the property was assessed at $25,600. Specifically, the land the property is located on was valued at $5,080. While improvements on the property were assessed at a total of $20,520. 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 $3,457. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,388
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.078
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 51B LOT 5 WASHINGTON 28X121 DB 516-18 WASHINGTON SOLW 516/18 4TH ADD. CHG. 6/26/03

Ownership

  • Current Owner : TEMPLE KELLY CLARK
  • Previous Owner : Talebloo Real Estates Llc A Louisiana li

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 014200

Geography

  • District: 4-11 WARD
  • Parcel: 411103616
  • Block: 51B
  • Lot: 5
  • Municipality: DISTRICT 4
  • Latitude: 29.9216
  • Longitude: -90.0794

    Address

  • Full Address: 516 Washington Ave
  • Address - House Number: 516
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C002
  • 4-Digit Zip Code: 2057
  • Zip Code: 70130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,457

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 310,877
  • High Value: 448,785
  • Low Value: 172,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,250
  • First Open Lien Mortgage Lender: AMERICAS MORTGAGE RESOURCE INC
  • First Open Lien Mortgage Recording Date: Aug 15, 2017
  • First Open Lien Mortgage Loan Amount: $146,250
  • 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: Aug 15, 2047

    Market Valuation

  • Market Total Value: $282,400
  • Market Land Value: $50,800
  • Market Improvement Value: $231,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,600
  • Assessed Land Value: $5,080
  • Assessed Improvements Value: $20,520

    Sales

  • Current Sale Contract Date: Aug 11, 2017
  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Transaction ID: 1732545844
  • Current Sale Price: $195,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201731936

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS MORTGAGE RESOURCE INC
  • First Mortgage Transaction Date: Aug 15, 2017
  • First Mortgage Loan Amount: $146,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 516 Washington Avenue located in?
The 516 Washington Avenue is a located in the neighborhood of Irish Channel in Central City - Garden, New Orleans.
What is the average sales price for listings in 516 Washington Avenue?
The average sales price for units in 516 Washington Avenue is $0 currently.

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