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5601 Norland Avenue

5601 Norland Avenue, New Orleans, LA 70131
Property in Old Aurora
Sold Jan 07, 2022
$225,000
$220,594 by Rocket Mortgage Llc
Mortgage Due Jan 07, 2052
Sold Oct 30, 2009
$158,000
$155,138 by Eustis Mortgage Corp
Mortgage
5601 Norland Avenue 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 1970 and is 54 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5601 Norland Avenue has 2,880 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 8,425 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 750 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. 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 masonry control joints. The exterior walls of the building are made of masonry. 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, 5601 Norland Avenue was last sold in Jan 7, 2022 for $225,000. According to our calculations, that's $78.13 per sqft. Prior to that sales transaction, the property was sold for $158,000 in Oct 23, 2009. Current property owners are expected to pay $1,663 in taxes per year. The property on 5601 Norland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,550. To break that down further, the land itself was valued at $5,060. While improvements to the property were assessed at a total of $14,490. 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. 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.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: 1970
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 750
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,425
  • Total Building Area: 2,880
  • Building Area: 2,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AURORA
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: AURORA GDNS SQ 35 LOT 1 80/70 X 115/110 5601 NORLAND AVE & 2800 CHELSEA DR

Ownership

  • Current Owner : WALTON TYMARIUS
  • Previous Owner : BEVERLY LEON
  • Previous Owner 2: BEVERLY JAZMYNE DEMAS
  • Owner Before Previous Owner: WILSON LESLIE KAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 000607

Geography

  • District: 5-13 WARD
  • Parcel: 513826701
  • Block: 35
  • Lot: 1
  • Municipality: DISTRICT 5
  • Latitude: 29.9249
  • Longitude: -89.9966

    Address

  • Full Address: 5601 Norland Ave
  • Address - House Number: 5601
  • Address - Street Name: Norland
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C025
  • 4-Digit Zip Code: 3943
  • Zip Code: 70131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,663

    Appraisal Valuation

  • Standard Deviation: 0.2786
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 282,303
  • High Value: 360,960
  • Low Value: 203,647

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,594
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 07, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $220,594
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 07, 2052

    Market Valuation

  • Market Total Value: $195,500
  • Market Land Value: $50,600
  • Market Improvement Value: $144,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,550
  • Assessed Land Value: $5,060
  • Assessed Improvements Value: $14,490

    Sales

  • Current Sale Contract Date: Jan 07, 2022
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Transaction ID: 11877552496
  • Current Sale Price: $225,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202201131
  • Previous Sale Recording Date: Oct 30, 2009
  • Previous Sale Contract Date: Oct 23, 2009
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 07, 2022
  • First Mortgage Loan Amount: $220,594
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: EUSTIS MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 30, 2009
  • Previous Mortgage Loan Amount: $155,138

About Algiers



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Frequently Asked Questions

What neighborhood is 5601 Norland Avenue located in?
The 5601 Norland Avenue is a located in the neighborhood of Old Aurora in Algiers, New Orleans.
What is the average sales price for listings in 5601 Norland Avenue?
The average sales price for units in 5601 Norland Avenue is $0 currently.

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