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601 Philip Street

601 Philip Street, New Orleans, LA 70130
Local assessors in New Orleans, LA have categorized 601 Philip Street as a residential type of property. The property's lot size has been calculated to be 4,832 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style.

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. The property was last sold in Jun 2, 2021 for $660,000. Prior to that sales transaction, the property was also sold in Oct 17, 2016 for $700,000. 601 Philip Street was last assessed in 2022. The total value of the property was assessed at $59,850. Specifically, the land the property is located on was valued at $3,160. While improvements on the property were assessed at a total of $56,690. 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 $8,421. 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! 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.

Building Features

Exterior

Metal Exterior

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220422 Unit 601
04/22/2022
601
4 Bed
3 Bath
2236 ft²
$695,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2236 ft²
-
-
-
BARBARA H BEDESTANI
Reve Realtors

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Duplex
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,832
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FG STEWART
  • Land Acres: 0.111
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 65PHILIP ST & ST THOMAS ST LOT 1A 40.3X120 601/03 PHILIP ST

Ownership

  • Current Owner : YOUNG STEPHANIE
  • Current Owner 2: BURTS GREGORY M
  • Previous Owner : SIDEWALK SIDE PROPERTIES LLC
  • Owner Before Previous Owner: HOUSEHOLD OF FAITH FAMILY WORSHIP CHURCH
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 014100

Geography

  • District: 4-11 WARD
  • Parcel: 4-11-1-050-14
  • Block: 65
  • Lot: 1A
  • Municipality: DISTRICT 4
  • Latitude: 29.9253
  • Longitude: -90.0743

    Address

  • Full Address: 601 Philip St
  • Address - House Number: 601
  • Address - Street Name: Philip
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C042
  • 4-Digit Zip Code: 5461
  • Zip Code: 70130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,421

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Aug 03, 2022
  • Confidence Score: 87
  • Final Value: 652,608
  • High Value: 730,491
  • Low Value: 574,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Market Valuation

  • Market Total Value: $598,500
  • Market Land Value: $31,600
  • Market Improvement Value: $566,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,850
  • Assessed Land Value: $3,160
  • Assessed Improvements Value: $56,690

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11839395821
  • Current Sale Price: $660,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202124029
  • Previous Sale Recording Date: Oct 18, 2016
  • Previous Sale Contract Date: Oct 17, 2016
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Financing

  • First Mortgage Financing Type: Variable

About Central City - Garden



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Frequently Asked Questions

What neighborhood is 601 Philip Street located in?
The 601 Philip Street is a house located in the neighborhood of Irish Channel in Central City - Garden, New Orleans.
What is the average sales price for listings in 601 Philip Street?
The average sales price for units in 601 Philip Street is $0 currently.

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