Maximize the profit potential of

5601 Chatham Dr,New Orleans, LA 70122

3

beds

2

baths

1,527

sqft

Built

2014
7,500

sqft Lot

1

story

A/C

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5601 Chatham Dr
Home value
Details
Homeowner tools
Reno ROI
Permits
Neighborhood
Comps
Sales nearby
Schools
Maintenance

Details for 5601 Chatham Dr, New Orleans, LA 70122

Located in the Vista Pk neighborhood, this property was built in 2014, and had 5 construction permits in the past 3 years, 2013, 2014 and 2018.

General details

Table iconBuilt in:2014
Table iconBedrooms:3
Table iconBathrooms:2
Table iconSchool district:Orleans Parish
Table iconCounty:Orleans Parish

Price and tax history

Table iconLand value:$9,750
Table iconProperty tax:$1,729.88
Table iconProperty tax year:2020
Table iconSale date:05/15/2014
Table iconSale price:$184,500

Interior details

Table iconBasement:No
Table iconStories/floors:1
Table iconWaterfront:No
Table iconTotal rooms:7

5601 Chatham Dr information

Table iconType:-
Table iconUse:Single Family Residence
Table iconLot size:7,500 sqft
Table iconBuilding size:1,527 sqft

Exterior of the house

Table iconGarage:Carport
Table iconRoof:Asphalt
Table iconExternal walls:Brick Veneer
Table iconPool:No

House fixtures

Table iconHeating:Central
Table iconFire place:Yes
Table iconAir Conditioning:Central
Table iconHeater replacement:-

This beautiful 1 story residential property has 1,527 sq ft of living space. In total, the home has 7 rooms.

This house has a cozy fireplace for your family on chilly evenings, and A/C to keep your home cool and comfortable.

The nearest school district is Orleans Parish and the distance to the nearest school is 0.4 miles.

This property was last sold for $184,500 on 05/15/2014 and its property tax value is $1,729.88 from 2020

Homeowner Tools

Solutions that adapt to each specific house to provide the best insights to improve home value
Remodel cost estimator
Remodel cost estimator

5601 Chatham Dr could benefit from a Full Bathroom addition, try the cost estimator to determine the cost.

Estimate a remodel
Homeowner dashboard
Homeowner dashboard

Optimize home equity and keep it in shape with recommendations for seasonal tasks in 70122.

Unlock now
Refinance & loans
Refinance & loans

Try the quick, easy, no-obligation home financing tool that allows you to review your financing options

Learn more
Contractor Solutions
Contractor Solutions

Around New Orleans, there are 1223 vetted contractors. Find the best one for your renovation project

Learn more

Growing Home Equity

Determining Home Equity can be difficult if you don’t have all your facts straight. Depending on where you live, certain projects can give more value to your home than others, and some projects can even reduce your home value!
For 5601 Chatham Dr you should think about remodeling your Full Bathroom, it can provide an ROI around 12%

ROI stands for Return on Investment, which is how investors, through a mathematical formula, determine the percent earned. A good ROI for a standard property in New Orleans, LA is about 9% of the total value of the property.

Renovation Return on Investment

Remodel:
Full Bathroom Addition
$80,372
Bedroom Addition
$54,265
Bedroom Renovation
$3,023
Cost to renovate
$137,659
Increase in home value 
$154,178

Forecasted value over the next 5 years

How do we calculate how much property value will change over 5 years?

For zip code 70122, we combine macroeconomic trends together with regional economic activity, plus we evaluate overall home price trends and the pace of construction in the area. We then apply data unique to Kukun in statistical forecasting models to arrive at the estimate of 5% growth in 5 years, with a statistical range between -6.69% and 16.77%
For zip code 70122, the graph shows a projected growth of 5% over the next five years, with a statistically significant range of growth between -6.69% and 16.77%.

The Kukun Home Dashboard shows how the Property Condition Score impacts both the home value and the forecasted home value.
5-year growth forecast
5
polygon%

5 YEAR GROWTH

NOW

-0.49%

GROWTH

1 YEARS

+1.47%

GROWTH

2 YEARS

3 YEARS

4 YEARS

5 YEARS

Construction permit history

A building permit is a binding document between the city and you, as a homeowner. Whenever you want to do big renovation project to your home, a project permit is required
2018
1 Permit

Addition to house

#17-28694-NEWC

Permit date:

08/06/2018

Status:

Approved

Type:

No data

Description:

Construct 1152 sq. ft. 2-story addition of a garage and game room as per plans and bza 004-18.

Contractor:

No Data
2014
1 Permit

HVAC

#14-01867-MECH

Permit date:

1/16/2014

Status:

APPROVED

Type:

null

Know Your Neighborhood

Neighborhood overview around 5601 Chatham Dr

Each Neighborhood is rated with factors like Air Quality, Transit, or Crime. Here the rating is from Green (Good to go) to Red (Facing challenges)

Walk

Somewhat walkable

Some errands can be accomplished on foot

Transit

Some transit

A few nearby public transportation options

Crime

More than US average

Violent offenses

Air Quality

Healthy

Air pollution poses little or no risk

Natural Hazards

Few high-risk hazards

High risk of Tornados, or Hurricanes

Home values

See prices of homes nearby the subject home, with color coding for those that are in the same price range, those that are above, and those that are below
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Most recent activity

Comparable sales

Comparable homes are properties that have recently sold in the same neighborhood or in the area that is close to the subject home, which have a value that can be used as a benchmark. No two homes are exactly alike, so key differences are highlighted for comparison purposes
-0.28%

Less expensive than similar sales

-6.2 Score

Property condition score is lower than average

Avg beds

Similar sales have the same number of beds

-416.2 sqft

This property has a smaller building size than average

+7 years

Newer than similar properties

Recent sales nearby

Address Price Sale date Bed /Bath Home sqft Year built Lot sqft
1 5610 Charlotte Dr, New Orleans, LA 70122 $232,500 01/25/2012 3 / 2.0 2,200 - 7,200
2 5542 Charlotte Dr, New Orleans, LA 70122 $355,000 07/10/2023 3 / 2.0 1,898 1982 7,501
3 5618 Chatham Dr, New Orleans, LA 70122 $609,900 06/10/2022 4 / 3.0 2,386 2019 7,500
4 5611 Charlotte Dr, New Orleans, LA 70122 $427,000 12/09/2022 4 / 3.0 2,407 2022 7,800
5 5511 Chatham Dr, New Orleans, LA 70122 $187,000 11/18/2011 3 / 3.0 1,920 - 7,500
6 5508 Charlotte Dr, New Orleans, LA 70122 $230,000 07/17/2014 3 / 3.0 2,146 1957 7,500
7 5618 Pratt Dr, New Orleans, LA 70122 $275,000 03/30/2012 3 / 3.0 2,800 2006 14,400

Address

Price

Sale date

Bed /Bath

Home sqft

Year built

Lot sqft

0/7

5610 Charlotte Dr, New Orleans, LA 70122

$232,500

01/25/2012

3 / 2.0

2,200

-

7,200

5542 Charlotte Dr, New Orleans, LA 70122

$355,000

07/10/2023

3 / 2.0

1,898

1982

7,501

5618 Chatham Dr, New Orleans, LA 70122

$609,900

06/10/2022

4 / 3.0

2,386

2019

7,500

5611 Charlotte Dr, New Orleans, LA 70122

$427,000

12/09/2022

4 / 3.0

2,407

2022

7,800

5511 Chatham Dr, New Orleans, LA 70122

$187,000

11/18/2011

3 / 3.0

1,920

-

7,500

5508 Charlotte Dr, New Orleans, LA 70122

$230,000

07/17/2014

3 / 3.0

2,146

1957

7,500

5618 Pratt Dr, New Orleans, LA 70122

$275,000

03/30/2012

3 / 3.0

2,800

2006

14,400

Based on the values extracted from recently sold nearby homes, these properties built around the year 1427, on average consist of 3 bedrooms and 3 bathrooms. They typically offer a lot size of approximately 8,486 sqft with a building size of around 2,251 sqft, fetching a median sale price of $275,000.

Neighborhood schools

1
Mcdonogh #35 Academy()

Distance: 1.3 miles   |  Private

2
Milestone Academy()

Distance: 1.7 miles   |  Private

3
Crescent City Montessori School(Elementary)

Distance: 1.2 miles   |  Private

4
Gentilly Terrace Elementary School(Elementary)

Distance: 1.3 miles   |  Private

5
Arthur Ashe Charter School(Middle)

Rating 6/10  |  Distance: 0.5 miles   |  Private

6
Lake Area New Tech Early College High School(High)

Rating 4/10  |  Distance: 0.4 miles   |  Private

7
Benjamin Franklin High School(High)

Rating 10/10  |  Distance: 0.8 miles   |  Private

8
Mcdonogh #35 College Preparatory School(High)

Rating 5/10  |  Distance: 1.3 miles   |  Private

9
Youth Study Center(High)

Rating 2/10  |  Distance: 1.5 miles   |  Private

10
The Net 2 Charter High School(High)

Rating 3/10  |  Distance: 1.6 miles   |  Private

Get the schools map and many more with an iHomeReport for $39.95Get an iHomeReport

As a trusted source of school data, we provide information and ratings from the U.S. Department of Education. Prospective buyers and renters can utilize this data as an initial resource in evaluating their preferred schools. To determine school enrollment eligibility, we advise you to conduct your own inquiries and reach out to schools or school districts directly for precise data. Kukun cannot guarantee the accuracy of this information.

Maintenance tasks

Seasonally adjusted

September

Clean exterior light fixtures
Helps improve the brightness of the light, and can help prevent rust, corrosion.

September

Clean front porch and back deck
Helps to maintain the overall aesthetic of your home, helps to prevent damage to the deck or porch itself, and helps to prevent the growth of mold and mildew, which can be a health hazard.

September

Change HVAC air filters
Helps keep the air in your home clean by trapping dust and other airborne particles, reducing allergens and providing cleaner air to breathe. Helps your HVAC system run more efficiently and helps extend the life of the system.

September

Clean all windows
Helps to keep the windows looking their best and can also help to improve the energy efficiency of the home by allowing more natural light to enter.

Why?

Helps improve the brightness of the light, and can help prevent rust, corrosion.

See how

Are you the owner? get a free customized annual maintenance schedule with reminders when you claim your home.

FAQ for 5601 Chatham Dr, New Orleans, LA 70122

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