1008 Elysian Fields Ave New Orleans, LA 70117
Marigny NeighborhoodEstimated Value: $720,971
4
Beds
2
Baths
2,850
Sq Ft
$253/Sq Ft
Est. Value
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 2022Blue60 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
LATTER & BLUM (LATT09) License #NOM:000028441 Listed on: 01/08/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices Preferred, REALTOR License #NOM:995681876
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
Community Details
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 701171008-1010ELYSIANFIELDSAV
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
Sold Price
$475,000
Premium/Discount to List
-$94,000
-16.52%
Total Days on Market
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,971
Avg. Annual Appreciation
4.25%
Original Mortgage
$200,000
Interest Rate
3.68%
Mortgage Type
New Conventional
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%
Similar Homes in New Orleans, LA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Marigny Inn Llc | $724,820 | |
| Closed | Marigny Inn Llc | $60,000 | |
| Closed | Halpern Deborah | $200,000 | |
| Closed | Halpern Deborah | $100,000 | |
| Previous Owner | Lancaster Ted | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | -- | -- | -- |
| 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
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
Latter & Blum
(504) 813-8466
4 in this area
140 Total Sales
-
ROBERT VAN METER
R
Buyer's Agent in 2022
ROBERT VAN METER
Berkshire Hathaway HomeServices Preferred, REALTOR
(504) 906-1146
2 in this area
108 Total Sales
Map
Source: Gulf South Real Estate Information Network
MLS Number: 2328086
APN: 3-7W-1-022-18
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