NOT LISTED FOR SALE

1008 Elysian Fields Ave New Orleans, LA 70117

Marigny Neighborhood

Estimated Value: $804,934

4 Beds
2 Baths
2,850 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 17, 2022

Current estimated payment $5,109/month

38 Days on Market

Highlights

  • Victorian Architecture
  • Property is in excellent condition
  • Wood Siding
  • Courtyard
  • Fenced
  • 4-minute walk to Washington Square Park

About This Home

As of May 2022

Blue60 B&B is a very special oasis in the heart of the popular Faubourg Marigny District. Six completely furnished, well maintained guest rooms plus owner’s quarters, each with private bath. Building is surrounded by artsy murals & brightly colored courtyard with a hot tub, shade trees, swings & intimate seating areas. Repeat clients, positive cash flow & rated 2020 Travelers' Choice from Trip Advisor. Great location close to Frenchmen music, streetcar stop & French Quarter. Excellent opportunity.

Last Agent to Sell the Property

Shelley Lawrence

Wurth Real Estate Services License #NOM:000028441 Listed on: 01/08/2022

Last Buyer's Agent

ROBERT VAN METER

Berkshire Hathaway HomeServices Preferred, REALTOR License #NOM:995681876

Berkshire Hathaway HomeServices Preferred, REALTOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,502

Year Built

  • Built in 2020 | Remodeled

Lot Details

  • Lot Dimensions are 48x38x112
  • Fenced
  • Irregular Lot
  • Historic Home
  • Property is in excellent condition

Home Design

  • Victorian Architecture
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • Property has 1 Level

Additional Features

  • Courtyard
  • Outside City Limits
  • Internet Available

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 701171008-1010ELYSIANFIELDSAV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,502

Year Built

Built in 2020 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Other
  • Style: Victorian
  • Condition: Excellent
  • ADA Features: No
  • Legal Description: 1. SQ 374 LOT S ELYSIAN FLDS 2. 48 OVER 38X112 OVER VAR 3. DBLE 1 ST 14/RMS W/FRAME 4. S/R 1008-10 ELYSIAN FIELDS 5. SEE E REC 6. 358,000.00 FOR IMMOV
  • Lp Amt Sq Ft: 301.75
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Year Renovated: 2020
  • Age: 179
  • Age Description: Resale
  • Age Description 2: Historical, Remodeled structural changes - all major mechanical systems i.e. HVAC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Estimated Living Area: 2850
  • Total Sq Ft: 2850

Exterior Features

  • Pool Type: None
  • Exterior: Wood Siding
  • ExteriorFeatures: Courtyard, Fence
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Other
  • Electricity Provided By: Entergy
  • Gas Type: Natural
  • Heating: Other
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Irregular
  • Lot Size: 48X38X112
  • Parcel #: 701171008-1010ELYSIANFIELDSAV

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Total Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
May 29, 2015
Sold by
Lancaster Ted D
Bought by
Halpern Deborah
List Price
$569,000
Current Estimated Value
$804,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$200,000
Outstanding Balance
$154,517
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$650,417

Purchase Details

Closed on
Nov 1, 2004
Sold by
Holmes Thoams
Bought by
Lancaster Ted

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.71%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Halpern Deborah $475,000 --
Lancaster Ted $448,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halpern Deborah $200,000
Closed Halpern Deborah $200,000
Closed Halpern Deborah $100,000
Previous Owner Lancaster Ted $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2022 05/17/22 Sold -- -- --
02/15/2022 02/15/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $860,000 +51.1% $302 / Sq Ft
05/29/2015 05/29/15 Sold -- -- -- View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $569,000 -- $200 / Sq Ft
Source: Gulf South Real Estate Information Network

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,502 $79,570 $20,590 $58,980
2024 $10,662 $79,570 $20,590 $58,980
2023 $5,693 $86,000 $18,020 $67,980
2022 $5,693 $40,460 $18,020 $22,440
2021 $5,410 $37,580 $18,020 $19,560
2020 $7,281 $50,080 $18,020 $32,060
2019 $7,176 $47,500 $15,440 $32,060
2018 $7,319 $47,500 $15,440 $32,060
2017 $6,988 $47,500 $15,440 $32,060
2016 $7,210 $47,500 $15,440 $32,060
2015 -- $31,720 $4,830 $26,890
2014 -- $31,720 $4,830 $26,890
2013 -- $31,720 $4,830 $26,890
Source: Public Records

Agents Affiliated with this Home

  • Shelley Lawrence

    Seller's Agent in 2022

    Shelley Lawrence

    Wurth Real Estate Services

    (504) 813-8466

    3 in this area

    135 Total Sales

    Shelley Lawrence
    Section Image

  • R

    Buyer's Agent in 2022

    ROBERT VAN METER

    Berkshire Hathaway HomeServices Preferred, REALTOR

    (504) 906-1146

    2 in this area

    116 Total Sales

    ROBERT VAN METER
    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2328086

Gulf South Real Estate Information Network

APN: 3-7W-1-022-18

Louisiana Orleans Parish New Orleans 70116 Marigny

1008 Elysian Fields Ave, New Orleans, LA

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