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620 South Gayoso Street

620 South Gayoso Street, New Orleans, LA 70119
Multifamily in Mid-City
1 Units For Sale
Unit for sale at 620 S GAYOSO Street, New Orleans, LA 70119

$305,000 ↓ $15K

  • Commercial
  • 2,200 ft²
620 S GAYOSO Street, New Orleans, LA 70119 Listing by Dawn Mentel-Koster

Local assessors in New Orleans, LA have categorized 620 South Gayoso Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 4,453 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 620 South Gayoso Street has a total of 2,125 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. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. 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, 620 South Gayoso Street was last sold in Nov 16, 2016 for $240,000. According to our calculations, that's $112.94 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Aug 30, 2007. Current property owners are expected to pay $2,931 in taxes per year. The property on 620 South Gayoso Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,710. To break that down further, the land itself was valued at $4,010. While improvements to the property were assessed at a total of $17,700. 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. 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.

This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231116
11/16/2023
Studio
-
2200 ft²
$349,900
bedrooms
Studio
bathrooms
-
square feet
2200 ft²
-
-
-
DAWN MENTEL-KOSTER
KELLER WILLIAMS REALTY 455-0100
20190913
09/13/2019
3 Bed
1 Bath
1100 ft²
$1,200
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1100 ft²
-
-
-
-
20181214
12/14/2018
3 Bed
1 Bath
1100 ft²
$1,225
bedrooms
3 Bed
bathrooms
1 Bath
square feet
1100 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,453
  • Total Building Area: 2,125
  • Gross Building Area: 2,125
  • Building Area: 2,125
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1ST
  • Land Acres: 0.102
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 626 LOT 15 SOUTH GAYOSO 30' 11'' X 144'

Ownership

  • Current Owner : MENTEL-KOSTER DAWN M
  • Previous Owner : LUMAR RICO M
  • Owner Before Previous Owner: SHELL SHIRLEY J

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 007101

Geography

  • District: 1-5 WARD
  • Parcel: 105203631
  • Block: 626
  • Lot: 15
  • Municipality: DISTRICT 1
  • Latitude: 29.9629
  • Longitude: -90.0945

    Address

  • Full Address: 620 S Gayoso St
  • Address - House Number: 620
  • Street Direction: S
  • Address - Street Name: Gayoso
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C010
  • 4-Digit Zip Code: 7249
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,931

    Appraisal Valuation

  • Standard Deviation: 0.2491
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 64
  • Final Value: 316,575
  • High Value: 395,460
  • Low Value: 237,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: AMERICAS MORTGAGE RESOURCE INC
  • First Open Lien Mortgage Recording Date: Nov 18, 2016
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Nov 18, 2046

    Market Valuation

  • Market Total Value: $217,100
  • Market Land Value: $40,100
  • Market Improvement Value: $177,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,710
  • Assessed Land Value: $4,010
  • Assessed Improvements Value: $17,700

    Sales

  • Current Sale Contract Date: Nov 16, 2016
  • Current Sale Recording Date: Nov 18, 2016
  • Current Sale Transaction ID: 1871232701
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201646625
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Contract Date: Aug 30, 2007
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS MORTGAGE RESOURCE INC
  • First Mortgage Transaction Date: Nov 18, 2016
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Mid-City



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Frequently Asked Questions

What neighborhood is 620 South Gayoso Street located in?
The 620 South Gayoso Street is a multifamily located in the neighborhood of Mid-City in Mid-City, New Orleans.
How many listings are currently for sale in 620 South Gayoso Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 620 South Gayoso Street?
The average sales price for units in 620 South Gayoso Street is $305,000 , or $139/sqft. currently.

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