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5659 Marcia Avenue

5659 Marcia Avenue, New Orleans, LA 70124
Property in Lakewood
Sold May 31, 2019
$613,000
$413,000 by Gulf Coast Bank & Trust Compan
Mortgage Due May 31, 2049
Sold Feb 23, 2011
$490,000
$392,000 by Whitney National Bank
Mortgage
Local assessors in New Orleans, LA have categorized 5659 Marcia Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 10,075 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5659 Marcia Avenue has a total of 3,416 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 840 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. 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, 5659 Marcia Avenue was last sold in May 29, 2019 for $613,000. According to our calculations, that's $179.45 per sqft. Prior to that sales transaction, the property was sold for $490,000 in Feb 18, 2011. Current property owners are expected to pay $7,967 in taxes per year. The property on 5659 Marcia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $55,170. To break that down further, the land itself was valued at $20,150. While improvements to the property were assessed at a total of $35,020. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Construction Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 840
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,075
  • Total Building Area: 3,416
  • Building Area: 3,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD SOUTH SUB DIV SEC # 1
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ G LAKEWOOD SOUTH SUB DIV SEC # 1 LOT 15 MARCIA 65 X 155

Ownership

  • Current Owner : CINQUEMANO ANTHONY
  • Current Owner 2: CINQUEMANO CYNTHIA C
  • Previous Owner : FERGUSON JOSEPH SCOTT
  • Previous Owner 2: FERGUSON MARSHA JOHNSON
  • Owner Before Previous Owner: SNIDER TIMOTHY D
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: IV

Neighborhood

  • School District Name: Orleans Parish School District
  • School Tax School District: 7-WOOD
  • Census Tract: 007604

Geography

  • District: 7-16 WARD
  • Parcel: 716505115
  • Block: 51
  • Lot: 15
  • Municipality: DISTRICT 7
  • Latitude: 29.994
  • Longitude: -90.1199

    Address

  • Full Address: 5659 Marcia Ave
  • Address - House Number: 5659
  • Address - Street Name: Marcia
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C030
  • 4-Digit Zip Code: 1005
  • Zip Code: 70124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,967

    Appraisal Valuation

  • Standard Deviation: 0.2705
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 741,966
  • High Value: 942,739
  • Low Value: 541,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $413,000
  • First Open Lien Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Open Lien Mortgage Recording Date: May 31, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $413,000
  • 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 31, 2049

    Market Valuation

  • Market Total Value: $551,700
  • Market Land Value: $201,500
  • Market Improvement Value: $350,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,170
  • Assessed Land Value: $20,150
  • Assessed Improvements Value: $35,020

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11610606188
  • Current Sale Price: $613,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201920812
  • Previous Sale Recording Date: Feb 23, 2011
  • Previous Sale Contract Date: Feb 18, 2011
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $413,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WHITNEY NATIONAL BANK
  • Previous Mortgage Transaction Date: Feb 23, 2011
  • Previous Mortgage Loan Amount: $392,000

About Lakeview



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Frequently Asked Questions

What neighborhood is 5659 Marcia Avenue located in?
The 5659 Marcia Avenue is a located in the neighborhood of Lakewood in Lakeview, New Orleans.
What is the average sales price for listings in 5659 Marcia Avenue?
The average sales price for units in 5659 Marcia Avenue is $0 currently.

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