NOT LISTED FOR SALE

1109 Marais St New Orleans, LA 70116

Treme-Lafitte Neighborhood

Estimated Value: $442,000 - $497,000

6 Beds
5 Baths
3,200 Sq Ft
$145/Sq Ft Est. Value

Last Sold July 02, 2021

Current estimated payment $2,907/month

62 Days on Market

Highlights

  • Oversized Lot
  • Wood Siding
  • 2-minute walk to Treme Recreation Community Center
  • Window Unit Cooling System
  • Window Unit Heating System

About This Home

As of July 2021

5 plex investment property. Don't miss this opportunity to restore this historic raised basement property located in the Faubourg Treme area! Oversized lot. 5 electric meters 5 gas meters. Only one block away from Armstrong park and a short walk to the French Quarter.

Last Agent to Sell the Property

Harold Cade

United Real Estate Partners LLC License #995687085 Listed on: 03/31/2021

United Real Estate Partners LLC

Last Buyer's Agent

JENNIFER GESSNER

United Real Estate Partners, LLC License #995689625

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,421

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 30 x 198
  • Oversized Lot
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Entry on the 2nd floor
  • Fixer Upper
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701161109MARAISST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,421

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: 30 X 198
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 120
  • Year Built: 1900
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Living Area: 3200.0

Exterior Features

  • Lot Features: City Lot, Oversized Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Block, Wood Siding
  • Foundation Details: Raised, Slab
  • Property Condition: Average Condition, Fixer
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701161109MARAISST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jul 2, 2021
Sold by
Estate F Dave Louis Bartholomew
Bought by
Lis Des Marais Llc
Seller's Agent
Harold Cade
United Real Estate Partners LLC
Buyer's Agent
JENNIFER GESSNER
United Real Estate Partners, LLC
List Price
$450,000
Current Estimated Value
$464,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$405,000
Outstanding Balance
$367,475
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$96,858
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lis Des Marais Llc $390,000 Preservation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lis Des Marais Llc $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold -- -- --
06/02/2021 06/02/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $450,000 -- $141 / Sq Ft
Source: ROAM MLS

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 $5,421 $41,070 $11,390 $29,680
2024 $5,503 $41,070 $11,390 $29,680
2023 $5,170 $38,220 $8,540 $29,680
2022 $5,170 $36,740 $8,540 $28,200
2021 $6,046 $42,000 $8,540 $33,460
2020 $6,106 $42,000 $8,540 $33,460
2019 $1,511 $10,000 $2,280 $7,720
2018 $1,541 $10,000 $2,280 $7,720
2017 $1,471 $10,000 $2,280 $7,720
2016 $1,518 $10,000 $2,280 $7,720
2015 $1,487 $10,000 $2,280 $7,720
2014 -- $10,000 $2,280 $7,720
2013 -- $10,000 $2,280 $7,720
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Harold Cade

    United Real Estate Partners LLC

    (504) 455-0100

    2 in this area

    42 Total Sales

    Harold Cade
    Section Image

  • J

    Buyer's Agent in 2021

    JENNIFER GESSNER

    United Real Estate Partners, LLC

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2292730

APN: 2-08-1-040-21

Louisiana Orleans Parish New Orleans 70116 Treme-Lafitte

1109 Marais St, New Orleans, LA

This home is located at 1109 Marais St, New Orleans, LA 70116 since 31 March 2021 and is currently estimated at $464,333, approximately $145 per square foot. This property was built in 1900. 1109 Marais St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Bricolage Academy, and Homer Plessy French Quarter Community School.

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