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541 Gelpi Avenue

541 Gelpi Avenue, New Orleans, LA 70121
Property in Jefferson
Sold Apr 25, 2022
$180,000
$174,600 by Home Bank Na
Mortgage Due May 01, 2052
Sold Jul 09, 2012
$137,500
$135,009 by Primelending Ventures Llc
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 5,700 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 541 Gelpi Avenue sold most recently in Apr 25, 2022 for a total of $180,000. Before that, the property was also sold for $137,500 in Jun 29, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,263 in taxes each year. 541 Gelpi Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,100. If we break it down further, the land itself was valued at $3,370. Improvements to the property, however, were assessed at a total of $13,730. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,700
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAMELIA GDN
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14 BLK D CAMELIA GDNS

Ownership

  • Current Owner : WASHINGTON JENNIFER RYAN
  • Previous Owner : PALISPIS LAZARO MATTHEW GIMM
  • Owner Before Previous Owner: SHIELDS IDALMI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 024400

Zoning

  • Zoning: R1A

Geography

  • District: 70
  • Parcel: 0-70-0004289
  • Block: D
  • Lot: 14
  • Municipality: AIRLINE - RVR RD TO HARAHAN
  • Latitude: 29.9645
  • Longitude: -90.1686

    Address

  • Full Address: 541 Gelpi Ave
  • Address - House Number: 541
  • Address - Street Name: Gelpi
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C006
  • 4-Digit Zip Code: 1525
  • Zip Code: 70121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,263
  • Tax Rate Code Area: 70-AIRLINE

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 55
  • Final Value: 219,959
  • High Value: 269,407
  • Low Value: 170,510

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,600
  • First Open Lien Mortgage Lender: HOME BANK NA
  • First Open Lien Mortgage Recording Date: Apr 25, 2022
  • First Open Lien Mortgage Loan Amount: $174,600
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $171,000
  • Market Land Value: $33,700
  • Market Improvement Value: $137,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,100
  • Assessed Land Value: $3,370
  • Assessed Improvements Value: $13,730

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Transaction ID: 11886113031
  • Current Sale Price: $180,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 221732
  • Previous Sale Recording Date: Jul 09, 2012
  • Previous Sale Contract Date: Jun 29, 2012
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME BANK NA
  • First Mortgage Transaction Date: Apr 25, 2022
  • First Mortgage Loan Amount: $174,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING VENTURES LLC
  • Previous Mortgage Transaction Date: Jul 09, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $135,009
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 541 Gelpi Avenue located in?
The 541 Gelpi Avenue is a located in the neighborhood of Jefferson in Jefferson, New Orleans.
What is the average sales price for listings in 541 Gelpi Avenue?
The average sales price for units in 541 Gelpi Avenue is $0 currently.

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