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7531 Stonewood Street

7531 Stonewood Street, New Orleans, LA 70128
Property in Little Woods
Sold Apr 30, 2021
$130,000
$127,645 by Orion Lending
Mortgage Due Apr 30, 2051
Local assessors in New Orleans, LA have categorized 7531 Stonewood Street as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 4,077 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 is one full bathroom. 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 7531 Stonewood Street has a total of 1,333 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 stone control joints. Lots of rock and stone were used in the construction of the exterior walls of the home. 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, 7531 Stonewood Street sold most recently in Apr 29, 2021 for a total of $130,000. If you work out the math, that's approximately a cost of $97.52 per sqft. 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 $1,656 in taxes each year. 7531 Stonewood Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,350. If we break it down further, the land itself was valued at $820. Improvements to the property, however, were assessed at a total of $11,530. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Construction Type: Stone
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,077
  • Total Building Area: 1,333
  • Building Area: 1,333
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,333
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUE BNVU
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 7 RUE BIENVENU SUBD LOT 26 STONEWOOD ST 40/49 X 90 PLAN 9-18-12 BR/SGLE 7/RMS A/R

Ownership

  • Current Owner : SHORT JUNIOR ANTOINE
  • Previous Owner : DAVIDSON EDWARD JOSEPH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 001746

Geography

  • District: 3-9 WARD
  • Parcel: 39W082327
  • Block: 7
  • Lot: 26
  • Municipality: DISTRICT 3
  • Latitude: 30.0662
  • Longitude: -89.9449

    Address

  • Full Address: 7531 Stonewood St
  • Address - House Number: 7531
  • Address - Street Name: Stonewood
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C042
  • 4-Digit Zip Code: 3308
  • Zip Code: 70128

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,656

    Appraisal Valuation

  • Standard Deviation: 0.4436
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 11
  • Final Value: 169,096
  • High Value: 244,108
  • Low Value: 94,083

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,645
  • First Open Lien Mortgage Lender: ORION LENDING
  • First Open Lien Mortgage Recording Date: Apr 30, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $127,645
  • 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: Apr 30, 2051

    Market Valuation

  • Market Total Value: $123,500
  • Market Land Value: $8,200
  • Market Improvement Value: $115,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,350
  • Assessed Land Value: $820
  • Assessed Improvements Value: $11,530

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11835294750
  • Current Sale Price: $130,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202118817

    Last Sale Mortgage

  • First Mortgage Lender: ORION LENDING
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About New Orleans East Area



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Frequently Asked Questions

What neighborhood is 7531 Stonewood Street located in?
The 7531 Stonewood Street 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 7531 Stonewood Street?
The average sales price for units in 7531 Stonewood Street is $0 currently.

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