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6940 Bundy Road

6940 Bundy Road, New Orleans, LA 70127
Property in Little Woods
Sold Nov 02, 2021
$200,000
$196,377 by Southwest Funding Lp
Mortgage Due Nov 02, 2051
Sold Mar 02, 2018
$146,000
$143,355 by Envoy Mortgage Ltd
Mortgage
Local assessors in New Orleans, LA have categorized 6940 Bundy Road as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 6,747 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 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 6940 Bundy Road has a total of 2,436 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 brick control joints. The property was last sold in Oct 29, 2021 for $200,000. That's $82.10 per sqft. Prior to that sales transaction, the property was also sold in Feb 27, 2018 for $146,000. 6940 Bundy Road was last assessed in 2023. The total value of the property was assessed at $16,400. Specifically, the land the property is located on was valued at $1,350. While improvements on the property were assessed at a total of $15,050. 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 $1,399. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Duplex
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,747
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 2,436
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET
  • Land Acres: 0.155
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 8 SOMERSET PK LOT C & D 6940-42 BUNDY RD 52X130/129 2/ST BR/DBLE 8/RMS EACH

Ownership

  • Current Owner : DAVIS MELISSA LANISE
  • Previous Owner : ALEXANDER DWIGHT
  • Owner Before Previous Owner: Bwe Llc A Limited Liability Company
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 001744

Geography

  • District: 3-9 WARD
  • Parcel: 39W042655
  • Block: 8
  • Lot: C
  • Municipality: DISTRICT 3
  • Latitude: 30.0345
  • Longitude: -89.9864

    Address

  • Full Address: 6940 Bundy Rd
  • Address - House Number: 6940
  • Address - Street Name: Bundy
  • Address - Suffix Type: Rd
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C025
  • 4-Digit Zip Code: 2110
  • Zip Code: 70127

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,399

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 153,342
  • High Value: 221,365
  • Low Value: 85,318

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,377
  • First Open Lien Mortgage Lender: SOUTHWEST FUNDING LP
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $196,377
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 02, 2051

    Market Valuation

  • Market Total Value: $164,000
  • Market Land Value: $13,500
  • Market Improvement Value: $150,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,400
  • Assessed Land Value: $1,350
  • Assessed Improvements Value: $15,050

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Transaction ID: 11864586344
  • Current Sale Price: $200,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202145028
  • Previous Sale Recording Date: Mar 02, 2018
  • Previous Sale Contract Date: Feb 27, 2018
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHWEST FUNDING LP
  • First Mortgage Transaction Date: Nov 02, 2021
  • First Mortgage Loan Amount: $196,377
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ENVOY MORTGAGE LTD
  • Previous Mortgage Transaction Date: Mar 02, 2018
  • Previous Mortgage Loan Amount: $143,355
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About New Orleans East Area



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Frequently Asked Questions

What neighborhood is 6940 Bundy Road located in?
The 6940 Bundy Road is a located in the neighborhood of Little Woods in New Orleans East Area, New Orleans.
What is the average sales price for listings in 6940 Bundy Road?
The average sales price for units in 6940 Bundy Road is $0 currently.

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