See Home Value
$261,008*
House - Off Market

5501 PRESS Drive

New Orleans, LA 70126
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1867 Sqft
$234,000 - $284,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold Jun 03, 2019
$176,500
$172,000 by Premier Lending Llc
Mortgage Due Jul 01, 2036
Sold Sep 25, 2018
$84,600

About This Property

Beautiful, well maintained home with huge backyard and covered carport on tree lined neutral ground street. Renovated shortly after hurricane Katrina, updated again after hurricane Ida. New exterior paint, new roof last year, interior painted in the past couple of years, newer island and granite countertops in kitchen, backyard shed built three years ago. Quick 5 min walk to Pontchartrain Park, 2 min drive to Walmart, Burger King and Popeye's on Chef Menteur Hwy. Inspection Report Available! Sold AS-IS.

The manager has listed the unit size as 1867 square feet.
Unit Size
1,867Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$139
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
May 7, 2023 No longer available -
No longer available
Apr 8, 2023 Price Decreased $259,000
↓ $10K (3.7%)
Price Decreased
Mar 2, 2023 Listed $269,000
Listed
Jun 3, 2019 Sold to Kiavue Manuel, Stuart Julia... $176,500
Sold to Kiavue Manuel, Stuart Julia...

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Construction Type: Brick
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,272
  • Total Building Area: 1,867
  • Building Area: 1,867
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,867
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PONT PK
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PONTCHARTRAIN PK SQ 20 LOT 6 PRESS 63/59X157/147 SGLE/BR/V 9 1/2 RMS C/R GARA GE

Ownership

  • Current Owner : MANUEL STUART JULIA
  • Current Owner 2: MANUEL KIAVUE
  • Previous Owner : SERENITY BY DESIGN INC
  • Owner Before Previous Owner: MCCATHEN NICOLA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 001701

Geography

  • District: 3-9 WARD
  • Parcel: 39W026615
  • Block: 20
  • Lot: 6
  • Municipality: DISTRICT 3
  • Latitude: 30.0156
  • Longitude: -90.0423

    Address

  • Full Address: 5501 Press Dr
  • Address - House Number: 5501
  • Address - Street Name: Press
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C004
  • 4-Digit Zip Code: 2254
  • Zip Code: 70126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,185

    Appraisal Valuation

  • Standard Deviation: 0.1167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 257,252
  • High Value: 287,277
  • Low Value: 227,228

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,000
  • First Open Lien Mortgage Lender: PREMIER LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $172,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Market Valuation

  • Market Total Value: $158,900
  • Market Land Value: $27,800
  • Market Improvement Value: $131,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,890
  • Assessed Land Value: $2,780
  • Assessed Improvements Value: $13,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Jun 03, 2019
  • Current Sale Transaction ID: 11612209549
  • Current Sale Price: $176,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201921063
  • Previous Sale Recording Date: Sep 25, 2018
  • Previous Sale Contract Date: Aug 23, 2018
  • Previous Sale Amount: $84,600
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Jun 03, 2019
  • First Mortgage Loan Amount: $171,205
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
1,883 ft²
$145/ft²
$272,100 Sep 25, 2022
-
-
House
3 Beds
2 Baths
1,353 ft²
$170/ft²
$230,000 Nov 9, 2022
-
-
Land
Loft
-
-
$239,000 Jan 12, 2023
-
-

About Gentilly


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Nearby Rentals



Frequently Asked Questions

When was property at 5501 Press Drive built and last sold?
The property at 5501 Press Drive was built in 1960 and last sold on May 30, 2019 for $176,500.
How much is this home worth?
The estimated value of the home located at 5501 Press Drive is $264,912.
What are some comparable homes to 5501 Press Drive?
Homes that are comparable to 5501 Press Drive include a house property at 5616 Spain Street, 6319 Pauline Drive, 5935 Mandeville Street.

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