5618 Bancroft Drive

5618 Bancroft Drive 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 1950 and is 74 years old. The home has a total of 14 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5618 Bancroft Drive has 5,122 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 21,715 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. 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 brick control joints. The exterior walls of the building are made of brick. The property was last sold in Feb 27, 2017 for $1,400,000. That's $273.33 per sqft. Prior to that sales transaction, the property was also sold in Jul 30, 2010 for $1,000,000. 5618 Bancroft Drive was last assessed in 2023. The total value of the property was assessed at $126,000. Specifically, the land the property is located on was valued at $39,090. While improvements on the property were assessed at a total of $86,910. 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 $16,159. 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.