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5877 Macarthur Boulevard

5877 Macarthur Boulevard, New Orleans, LA 70131
Property in Old Aurora
Sold Dec 30, 2020
$225,000
$157,500 by Gulf Coast Bank & Trust Compan
Mortgage Due Dec 30, 2050
Sold Aug 21, 2018
$141,000
Local assessors in New Orleans, LA have categorized 5877 Macarthur Boulevard as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 8,960 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, 4 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 2 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 5877 Macarthur Boulevard has a total of 2,051 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. 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 masonry control joints. Lots of masonry were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5877 Macarthur Boulevard sold most recently in Dec 29, 2020 for a total of $225,000. If you work out the math, that's approximately a cost of $109.70 per sqft. Before that, the property was also sold for $141,000 in Aug 17, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,068 in taxes each year. 5877 Macarthur Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,500. If we break it down further, the land itself was valued at $5,380. Improvements to the property, however, were assessed at a total of $17,120. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,960
  • Total Building Area: 2,051
  • Building Area: 2,051
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,051
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AURORA
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: AURORA GDNS SQ 58 LOT 39 PT 40 OR 39-A 73/83X121/120 5877-MAC ARTHUR BLVD

Ownership

  • Current Owner : FIGAROVA AMINA
  • Current Owner 2: PLATTEAU BART
  • Previous Owner : RAMJATTAN KATE
  • Previous Owner 2: RAMJATTAN SHAWN
  • Owner Before Previous Owner: SAVOCA SAVOCA CHRSITOPHER PAUL CHRSITOPHER PAUL
  • Owner Before Previous Owner 2: SAVOCA DEASON EMILY JUNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 000616

Geography

  • District: 5-13 WARD
  • Parcel: 513825235
  • Block: 58
  • Lot: 39
  • Municipality: DISTRICT 5
  • Latitude: 29.9204
  • Longitude: -89.9935

    Address

  • Full Address: 5877 Macarthur Blvd
  • Address - House Number: 5877
  • Address - Street Name: Macarthur
  • Address - Suffix Type: Blvd
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C032
  • 4-Digit Zip Code: 5321
  • Zip Code: 70131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,068

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 156,837
  • High Value: 228,543
  • Low Value: 85,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,500
  • First Open Lien Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Open Lien Mortgage Recording Date: Dec 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $157,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 30, 2050

    Market Valuation

  • Market Total Value: $225,000
  • Market Land Value: $53,800
  • Market Improvement Value: $171,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,500
  • Assessed Land Value: $5,380
  • Assessed Improvements Value: $17,120

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Transaction ID: 11811926116
  • Current Sale Price: $225,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202049545
  • Previous Sale Recording Date: Aug 21, 2018
  • Previous Sale Contract Date: Aug 17, 2018
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Mortgage Transaction Date: Dec 30, 2020
  • First Mortgage Loan Amount: $157,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY BANK
  • Previous Mortgage Transaction Date: Aug 21, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $136,770
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Algiers



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Frequently Asked Questions

What neighborhood is 5877 Macarthur Boulevard located in?
The 5877 Macarthur Boulevard is a located in the neighborhood of Old Aurora in Algiers, New Orleans.
What is the average sales price for listings in 5877 Macarthur Boulevard?
The average sales price for units in 5877 Macarthur Boulevard is $0 currently.

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