Sold Nov 04, 2020
$270,000
Seller
$256,500
by Gulf Coast Bank & Trust Compan
Mortgage Due Nov 04, 2050
Sold Nov 18, 2019
$104,000
Buyer
Local assessors in New Orleans, LA have categorized 7030 Michael Place as a residential type of property.
The property's lot size has been calculated to be 8,736 square feet.
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. 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, 7030 Michael Place sold most recently in Nov 3, 2020 for a total of $270,000. Before that, the property was also sold for $104,000 in Nov 14, 2019. 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 $2,132 in taxes each year. 7030 Michael Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,650. If we break it down further, the land itself was valued at $1,590. Improvements to the property, however, were assessed at a total of $24,060. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.
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. 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, 7030 Michael Place sold most recently in Nov 3, 2020 for a total of $270,000. Before that, the property was also sold for $104,000 in Nov 14, 2019. 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 $2,132 in taxes each year. 7030 Michael Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,650. If we break it down further, the land itself was valued at $1,590. Improvements to the property, however, were assessed at a total of $24,060. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.
7030 Michael Place, New Orleans, LA 70123
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
