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7516 Willow Street

7516 Willow Street, New Orleans, LA 70118
Property in East Carrollton
Sold Dec 16, 2021
$435,000
$369,750 by Assurance Financial Group Llc
Mortgage Due Dec 16, 2051
Sold Dec 16, 2021
$435,000
$369,750 by Assurance Financial Group Llc
Mortgage Due Jan 01, 2052
7516 Willow Street in New Orleans, LA was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7516 Willow Street has 1,825 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,500 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. 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, 7516 Willow Street was last sold in Dec 15, 2021 for $435,000. According to our calculations, that's $238.36 per sqft. Prior to that sales transaction, the property was sold for $435,000 in Dec 15, 2021. Current property owners are expected to pay $5,036 in taxes per year. The property on 7516 Willow Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,200. To break that down further, the land itself was valued at $9,000. While improvements to the property were assessed at a total of $28,200. 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. 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.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: 1925
  • Effective Year Built: 1925
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 1,825
  • Gross Building Area: 1,825
  • Building Area: 1,825
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.103
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 158 LOT 12 WILLOW 30 X 150 6 7516-18 WILLOW

Ownership

  • Current Owner : BREARD EDWARD GARRETT
  • Previous Owner : KIM AE KYUNG
  • Previous Owner 2: HAN MANJONG
  • Owner Before Previous Owner: KYUNG KIM AE
  • Owner Before Previous Owner 2: KYUNG MANJONG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • School Tax School District: 7-MAPL
  • Census Tract: 012700

Geography

  • District: 7-16 WARD
  • Parcel: 716201711
  • Block: 158
  • Lot: 12
  • Municipality: DISTRICT 7
  • Latitude: 29.9449
  • Longitude: -90.1239

    Address

  • Full Address: 7516 Willow St
  • Address - House Number: 7516
  • Address - Street Name: Willow
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C049
  • 4-Digit Zip Code: 4050
  • Zip Code: 70118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,036

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 375,870
  • High Value: 542,609
  • Low Value: 209,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,750
  • First Open Lien Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Open Lien Mortgage Recording Date: Dec 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $369,750
  • 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: Dec 16, 2051

    Market Valuation

  • Market Total Value: $372,000
  • Market Land Value: $90,000
  • Market Improvement Value: $282,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,200
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $28,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11875825316
  • Current Sale Price: $435,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202151650
  • Previous Sale Recording Date: Dec 16, 2021
  • Previous Sale Contract Date: Dec 15, 2021
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $369,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • Previous Mortgage Transaction Date: Dec 16, 2021
  • Previous Mortgage Loan Amount: $369,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

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Frequently Asked Questions

What neighborhood is 7516 Willow Street located in?
The 7516 Willow Street is a located in the neighborhood of East Carrollton in Uptown - Carrollton, New Orleans.
What is the average sales price for listings in 7516 Willow Street?
The average sales price for units in 7516 Willow Street is $0 currently.

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