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522 Fern Street

522 Fern Street, New Orleans, LA 70118
Property in Black Pearl
Sold Nov 19, 2012
$600,000
$300,000 by Jpmorgan Chase Bank Na
Mortgage Due Nov 19, 2042
522 Fern Street has been categorized by the local assessors in New Orleans, LA as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 522 Fern Street has 4,437 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 522 Fern Street sold most recently in Nov 14, 2012 for a total of $600,000. If you work out the math, that's approximately a cost of $135.23 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 $7,952 in taxes each year. 522 Fern Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $66,010. If we break it down further, the land itself was valued at $12,240. Improvements to the property, however, were assessed at a total of $53,770. 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. 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.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: 1920
  • Effective Year Built: 1920
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 4,437
  • Gross Building Area: 4,437
  • Building Area: 4,437
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,437
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.165
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 66 LOTS 5 6 FERN TO HUSO 60 X 120 522-20 FERN

Ownership

  • Current Owner : CAMPBELL KATHERINE
  • Current Owner 2: HUGHES DAVID E
  • Previous Owner : SCHRAMEL FAMILY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 012500

Geography

  • District: 7-16 WARD
  • Parcel: 716104102
  • Block: 66
  • Lot: 5
  • Municipality: DISTRICT 7
  • Latitude: 29.9415
  • Longitude: -90.1332

    Address

  • Full Address: 522 Fern St
  • Address - House Number: 522
  • Address - Street Name: Fern
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C019
  • 4-Digit Zip Code: 3830
  • Zip Code: 70118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,952

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 981,219
  • High Value: 1,247,597
  • Low Value: 714,841

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 19, 2012
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 19, 2042

    Market Valuation

  • Market Total Value: $660,100
  • Market Land Value: $122,400
  • Market Improvement Value: $537,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,010
  • Assessed Land Value: $12,240
  • Assessed Improvements Value: $53,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 14, 2012
  • Current Sale Recording Date: Nov 19, 2012
  • Current Sale Transaction ID: 1181676125
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201242651

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 19, 2012
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 522 Fern Street located in?
The 522 Fern Street is a located in the neighborhood of Black Pearl in Uptown - Carrollton, New Orleans.
What is the average sales price for listings in 522 Fern Street?
The average sales price for units in 522 Fern Street is $0 currently.

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