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5622 Franklin Avenue

5622 Franklin Avenue, New Orleans, LA 70122
Property in SeaBrook
Sold Apr 04, 2018
$295,000
$271,400 by Iberia Bank
Mortgage Due Apr 04, 2048
Sold Mar 28, 2017
$30,000
5622 Franklin Avenue in New Orleans, LA was first built in 2016 and is 8 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5622 Franklin Avenue has 1,810 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 4,429 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 excellent. The property was last sold in Apr 3, 2018 for $295,000. That's $162.98 per sqft. Prior to that sales transaction, the property was also sold in Mar 24, 2017 for $30,000. 5622 Franklin Avenue was last assessed in 2023. The total value of the property was assessed at $26,550. Specifically, the land the property is located on was valued at $1,770. While improvements on the property were assessed at a total of $24,780. 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 $2,803. The initial tax year of delinquency was in 2006. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Excellent
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,429
  • Total Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIL LK FT
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 4408 LOT C FRANKLIN AVE 43X103 SGLE 6/RMS A/R

Ownership

  • Current Owner : HOANG TU THOMAS
  • Previous Owner : ROJAS SULMA
  • Previous Owner 2: PEREIRA ELIANE MARIA
  • Owner Before Previous Owner: G BENNETT 3 INVESTMENTS LLC A LIMITED LI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 002502

Geography

  • District: 3-8 WARD
  • Parcel: 38W423104
  • Block: 4408
  • Lot: C
  • Municipality: DISTRICT 3
  • Latitude: 30.0167
  • Longitude: -90.0518

    Address

  • Full Address: 5622 Franklin Ave
  • Address - House Number: 5622
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C014
  • 4-Digit Zip Code: 6336
  • Zip Code: 70122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,803
  • Intital Tax Deliquent Year: 2006

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 285,654
  • High Value: 412,372
  • Low Value: 158,935

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,400
  • First Open Lien Mortgage Lender: IBERIA BANK
  • First Open Lien Mortgage Recording Date: Apr 04, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $271,400
  • 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: Apr 04, 2048

    Market Valuation

  • Market Total Value: $265,500
  • Market Land Value: $17,700
  • Market Improvement Value: $247,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,550
  • Assessed Land Value: $1,770
  • Assessed Improvements Value: $24,780

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 03, 2018
  • Current Sale Recording Date: Apr 04, 2018
  • Current Sale Transaction ID: 11444858120
  • Current Sale Price: $295,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201811476
  • Previous Sale Recording Date: Mar 28, 2017
  • Previous Sale Contract Date: Mar 24, 2017
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIA BANK
  • First Mortgage Transaction Date: Apr 04, 2018
  • First Mortgage Loan Amount: $271,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 5622 Franklin Avenue located in?
The 5622 Franklin Avenue is a located in the neighborhood of SeaBrook in Gentilly, New Orleans.
What is the average sales price for listings in 5622 Franklin Avenue?
The average sales price for units in 5622 Franklin Avenue is $0 currently.

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