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5262 Laurel Street

5262 Laurel Street, New Orleans, LA 70115
Property in West Riverside
Sold Mar 13, 2020
$443,500
$332,625 by Hancock Whitney Bank
Mortgage Due Mar 13, 2050
Local assessors in New Orleans, LA have categorized 5262 Laurel Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 3,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 are 2 full bathrooms. 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 5262 Laurel Street has a total of 1,728 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 frame control joints. 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, 5262 Laurel Street was last sold in Mar 11, 2020 for $443,500. According to our calculations, that's $256.66 per sqft. Current property owners are expected to pay $5,690 in taxes per year. The property on 5262 Laurel Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,130. To break that down further, the land itself was valued at $8,250. While improvements to the property were assessed at a total of $33,880. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1920
  • Effective Year Built: 1920
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,300
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.076
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 135 LOT 16 LAUREL 30X110 5262-64 LAUREL ST DU-W FILE #88541 1/05 FILE # 97562 ACT OF DONATION 10 6 2010

Ownership

  • Current Owner : MCADAM CHERYL TYNES
  • Current Owner 2: MCADAM MICHAEL B
  • Previous Owner : OGG CARA STAUDINGER
  • Previous Owner 2: OGG THOMAS A

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 010600

Geography

  • District: 6-14 WARD
  • Parcel: 614105614
  • Block: 135
  • Lot: 16
  • Municipality: DISTRICT 6
  • Latitude: 29.9182
  • Longitude: -90.1129

    Address

  • Full Address: 5262 Laurel St
  • Address - House Number: 5262
  • Address - Street Name: Laurel
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C050
  • 4-Digit Zip Code: 1856
  • Zip Code: 70115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,690

    Appraisal Valuation

  • Standard Deviation: 0.2775
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 588,352
  • High Value: 751,641
  • Low Value: 425,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,625
  • First Open Lien Mortgage Lender: HANCOCK WHITNEY BANK
  • First Open Lien Mortgage Recording Date: Mar 13, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $332,625
  • 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: Mar 13, 2050

    Market Valuation

  • Market Total Value: $421,300
  • Market Land Value: $82,500
  • Market Improvement Value: $338,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,130
  • Assessed Land Value: $8,250
  • Assessed Improvements Value: $33,880

    Sales

  • Current Sale Contract Date: Mar 11, 2020
  • Current Sale Recording Date: Mar 13, 2020
  • Current Sale Transaction ID: 11751327289
  • Current Sale Price: $443,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 202009956

    Last Sale Mortgage

  • First Mortgage Lender: HANCOCK WHITNEY BANK
  • First Mortgage Transaction Date: Mar 13, 2020
  • First Mortgage Loan Amount: $332,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Uptown - Carrollton



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Frequently Asked Questions

What neighborhood is 5262 Laurel Street located in?
The 5262 Laurel Street is a located in the neighborhood of West Riverside in Uptown - Carrollton, New Orleans.
What is the average sales price for listings in 5262 Laurel Street?
The average sales price for units in 5262 Laurel Street is $0 currently.

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