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5899 Bellaire Drive

5899 Bellaire Drive, New Orleans, LA 70124
Property in Lakewood
Sold Aug 13, 2021
$565,000
$452,000 by Better Mortgage Corporation
Mortgage Due Aug 13, 2051
Sold Feb 19, 2015
$468,000
$390,000 by Private
Mortgage
5899 Bellaire 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 1973 and is 51 years old. The home has a total of 12 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5899 Bellaire Drive has 3,523 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 8,379 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. Moving on to the building itself. The condition of the building has been evaluated as unsound. 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 frame 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, 5899 Bellaire Drive was last sold in Aug 11, 2021 for $565,000. According to our calculations, that's $160.37 per sqft. Prior to that sales transaction, the property was sold for $468,000 in Feb 11, 2015. Current property owners are expected to pay $7,664 in taxes per year. The property on 5899 Bellaire Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $50,790. To break that down further, the land itself was valued at $16,760. While improvements to the property were assessed at a total of $34,030. 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: 1973
  • Effective Year Built: 1973
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Unsound
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,379
  • Total Building Area: 3,523
  • Building Area: 3,523
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,523
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD NORTH SUB
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 42 LOT 1 BELLAIRE AND SHARON 63 X 133

Ownership

  • Current Owner : DERVIL JEAN GASNER
  • Current Owner 2: DERVIL JADE HARRISON
  • Previous Owner : STEPHENS DESIREE MELERINE
  • Previous Owner 2: STEPHENS JACK
  • Owner Before Previous Owner: ST ROMAIN MILAZO MARILYN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

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

Geography

  • District: 7-16 WARD
  • Parcel: 716504101
  • Block: 42
  • Lot: 1
  • Municipality: DISTRICT 7
  • Latitude: 29.9992
  • Longitude: -90.1218

    Address

  • Full Address: 5899 Bellaire Dr
  • Address - House Number: 5899
  • Address - Street Name: Bellaire
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C030
  • 4-Digit Zip Code: 1147
  • Zip Code: 70124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,664

    Appraisal Valuation

  • Standard Deviation: 0.2705
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 678,194
  • High Value: 861,711
  • Low Value: 494,677

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $452,000
  • 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: Aug 13, 2051

    Market Valuation

  • Market Total Value: $507,900
  • Market Land Value: $167,600
  • Market Improvement Value: $340,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,790
  • Assessed Land Value: $16,760
  • Assessed Improvements Value: $34,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11855384795
  • Current Sale Price: $565,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202135834
  • Previous Sale Recording Date: Feb 19, 2015
  • Previous Sale Contract Date: Feb 11, 2015
  • Previous Sale Amount: $468,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $452,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PRIVATE
  • Previous Mortgage Transaction Date: Feb 19, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $390,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 5899 Bellaire Drive located in?
The 5899 Bellaire Drive is a located in the neighborhood of Lakewood in Lakeview, New Orleans.
What is the average sales price for listings in 5899 Bellaire Drive?
The average sales price for units in 5899 Bellaire Drive is $0 currently.

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