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406 40th St; New Orleans, LA Property Details

406 40th St, New Orleans, LA is a Single Family that was built in 2015. This property is currently a cash purchase and is not for sale. Our records show that 406 40th St has 4 bedrooms, and a total of 6,615 square feet. The lot size of 406 40th St is 6,615 square feet.

Off market
406 40th St New Orleans, LA 70124
$130,000 Listing Price
4 Beds
6,615 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2015
  • Purchase Price: $130,000
  • Open Loans / Balance: 1 / $272,990
  • Est. Equity / %: $433,010 / 61.33%
  • Gross Yield: 9.415%
  • APN: 716522115
  • Situs County: Orleans
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 4
  • Full Bathrooms: 3

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Good

Measurements

  • Total: 6,615/SqFt
  • Lot: 6,615/SqFt
  • Gross: 6,615/SqFt
  • Living: 6,615/SqFt
  • Building: 6,615/SqFt
  • Price Per Square Foot: $19.65

Legal Description

  • Description: SQ 75 LOT D 40TH ST 49 X 135
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Orleans Parish School District
  • Lat / Lon: 30.015797 / -90.11953
  • Subdivision: Metairie Park Sub
  • Property Class: Residential
  • Zoning: S-LRS1
  • County Use Code: 510

Amenities

  • Plus Four: 1532
  • Bathroom Fixtures: 9

HOA

  • H O A One: $150
  • H O A Amount: $150
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

406 40th St has no associated ownership info
406 40th St has no associated ownership info.

Taxes

406 40th St has 10 associated Taxes items

406 40th St, New Orleans, LA pays taxes in Orleans County, LA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $51,970. The APN we've located for 406 40th St is 716522115.

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Taxes
  • Assessed Value:  $51,970
  • Assessed Year:  2025
  • Assessed County:  Orleans
  • APN:  716522115
  • Assessed Land Value:  13230
  • Market Land Value:  132300
  • Tax Amount:  6106
  • Tax Year:  2025
  • Market Value:  519700
  • Market Year:  2025

Tax History

406 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $51,970 Land Value $13,230 Improvement Value $38,740 Tax Amount $6,106 Change Rate -0.123136% Assessed CR Tax Rate +0.117491%
Year 2024 Assessed Value $51,970 Land Value $13,230 Improvement Value $38,740 Tax Amount $6,963.45 Change Rate Assessed CR Tax Rate +0.13399%
Year 2023 Assessed Value $50,900 Land Value $13,230 Improvement Value $37,670 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $49,020 Land Value $13,230 Improvement Value $35,790 Tax Amount $6,089.56 Change Rate -0.062376% Assessed CR Tax Rate +0.124226%
Year 2021 Assessed Value $50,900 Land Value $13,230 Improvement Value $37,670 Tax Amount $6,494.67 Change Rate -0.009467% Assessed CR Tax Rate +0.127597%
Year 2020 Assessed Value $50,900 Land Value $13,230 Improvement Value $37,670 Tax Amount $6,556.74 Change Rate +0.278805% Assessed CR Tax Rate +0.128816%
Year 2019 Assessed Value $39,900 Land Value $10,580 Improvement Value $29,320 Tax Amount $5,127.24 Change Rate -0.018605% Assessed CR Tax Rate +0.128502%
Year 2018 Assessed Value $39,900 Land Value $10,580 Improvement Value $29,320 Tax Amount $5,224.44 Change Rate +0.049044% Assessed CR Tax Rate +0.130938%
Year 2017 Assessed Value $39,900 Land Value $10,580 Improvement Value $29,320 Tax Amount $4,980.19 Change Rate +1.877342% Assessed CR Tax Rate +0.124817%
Year 2016 Assessed Value $10,580 Land Value $10,580 Improvement Value Tax Amount $1,730.83 Change Rate -0.158856% Assessed CR Tax Rate +0.163595%
Year 2015 Assessed Value $13,000 Land Value $13,000 Improvement Value Tax Amount $2,057.71 Change Rate Assessed CR Tax Rate +0.158285%
Year 2014 Assessed Value $5,290 Land Value $5,290 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $5,290 Land Value $5,290 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate