NOT LISTED FOR SALE

1111 Gravier St New Orleans, LA 70112

Central Business District Neighborhood

Estimated Value: $55,567,324

-- Bed
-- Bath
105,000 Sq Ft
$529/Sq Ft Est. Value

About This Home

This home is located at 1111 Gravier St, New Orleans, LA 70112 and is currently estimated at $55,567,324, approximately $529 per square foot. 1111 Gravier St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Mary Bethune Elementary School, and Homer A. Plessy Treme Community School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2019
Sold by
Slumber Corners Nola Llc
Bought by
Ehp Nola Hotel Llc
Current Estimated Value
$55,567,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Outstanding Balance
$17,765,822
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$36,944,462

Purchase Details

Closed on
Feb 13, 2015
Sold by
Johnann Llc
Bought by
Slumber Corners Nola Llc

Purchase Details

Closed on
Jul 25, 2008
Sold by
Manju K Patel Tr
Bought by
Johnann Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ehp Nola Hotel Llc $46,000 None Available
Slumber Corners Nola Llc $5,550,000 --
Johnann Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ehp Nola Hotel Llc $0
Open Ehp Nola Hotel Llc $20,000,000
Closed Ehp Nola Hotel Llc $13,000,000
Source: Public Records

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 $356,922 $2,449,370 $51,260 $2,398,110
2024 $361,821 $2,449,370 $51,260 $2,398,110
2023 $21,910 $1,493,590 $48,820 $1,444,770
2022 $21,910 $138,820 $48,820 $90,000
2021 $22,360 $138,820 $48,820 $90,000
2020 $473,436 $2,956,390 $48,820 $2,907,570
2017 $130,814 $808,090 $48,820 $759,270
2016 $134,579 $808,090 $48,820 $759,270
2015 $20,692 $126,610 $36,610 $90,000
2014 -- $135,480 $45,480 $90,000
2013 -- $135,480 $45,480 $90,000
Source: Public Records

Map

Louisiana Orleans Parish New Orleans 70112 Central Business District

1111 Gravier St, New Orleans, LA

This home is located at 1111 Gravier St, New Orleans, LA 70112 and is currently estimated at $55,567,324, approximately $529 per square foot. 1111 Gravier St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Mary Bethune Elementary School, and Homer A. Plessy Treme Community School.

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