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943 Chapelle Street

943 Chapelle Street, New Orleans, LA 70124
Property in Lakeview
Sold Nov 16, 2021
$803,000
$762,850 by Bank Of America Na
Mortgage Due Nov 16, 2051
Sold Jul 08, 2020
$250,000
$175,000 by Gulf Coast Bank And Trust Comp
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 4,800 square feet.

Learn more about the property and building on this page. 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, 943 Chapelle Street sold most recently in Nov 12, 2021 for a total of $803,000. Before that, the property was also sold for $250,000 in Jul 7, 2020. 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 $1,839 in taxes each year. 943 Chapelle Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $74,000. If we break it down further, the land itself was valued at $12,000. Improvements to the property, however, were assessed at a total of $62,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SQ 99 LOT B CHAPELLE 48X100

Ownership

  • Current Owner : ELDER ERIN ALEXA
  • Current Owner 2: STONER LARRY
  • Previous Owner : SCHMIDT CONSTRUCTION CO INC
  • Owner Before Previous Owner: OSORNO SUSAN DUNHAM
  • Owner Before Previous Owner 2: OSORNO GARY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • School Tax School District: 2-VIEW
  • Census Tract: 005602

Geography

  • District: 2-6 WARD
  • Parcel: 206410012
  • Block: 99
  • Lot: B
  • Municipality: DISTRICT 2
  • Latitude: 30.0138
  • Longitude: -90.1012

    Address

  • Full Address: 943 Chapelle St
  • Address - House Number: 943
  • Address - Street Name: Chapelle
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C035
  • 4-Digit Zip Code: 4042
  • Zip Code: 70124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,839

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $762,850
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 16, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $762,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 16, 2051

    Market Valuation

  • Market Total Value: $740,000
  • Market Land Value: $120,000
  • Market Improvement Value: $620,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $62,000

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Transaction ID: 11870062243
  • Current Sale Price: $803,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202147072
  • Previous Sale Recording Date: Jul 08, 2020
  • Previous Sale Contract Date: Jul 07, 2020
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 16, 2021
  • First Mortgage Loan Amount: $762,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: GULF COAST BANK AND TRUST COMP
  • Previous Mortgage Transaction Date: Jul 08, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Lakeview



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Frequently Asked Questions

What neighborhood is 943 Chapelle Street located in?
The 943 Chapelle Street is a located in the neighborhood of Lakeview in Lakeview, New Orleans.
What is the average sales price for listings in 943 Chapelle Street?
The average sales price for units in 943 Chapelle Street is $0 currently.

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