NOT LISTED FOR SALE

1124 Philip St New Orleans, LA 70130

Garden District Neighborhood

Estimated Value: $387,000 - $1,021,345

6 Beds
4 Baths
3,980 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 17, 2017

Current estimated payment $5,155/month

307 Days on Market

Highlights

  • Traditional Architecture
  • Property is in very good condition
  • Fenced
  • Central Heating and Cooling System
  • Rectangular Lot
  • Wood Siding

About This Home

As of March 2017

**For comp purposes - Sold to buyer/agent that waived his earned commission in regards to sale price. Home appraised much higher than sale price.** Double residence in prime Garden District neighborhood. 4 Central AC/heat systems. Many of the architectural details remain, including medallions, pocket doors, built in cabinetry, and beautiful staircases etc. A rare find! Larger than appears. Located in 24 hour, private, Garden Dist patrol area. Needs renovation.

Last Agent to Sell the Property

Timothy Armstrong

REVE, REALTORS License #000058013 Listed on: 04/13/2016

REVE, REALTORS

Last Buyer's Agent

Francis Quinn

Windfeel Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,431

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 33.10x119
  • Fenced
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,980 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701301124PhilipST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,431

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 33.10x119
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 100
  • Year Built: 2004
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 3980.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Fence
  • Foundation Details: Raised
  • Property Condition: Very Good Condition, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701301124PhilipST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Mar 17, 2017
Sold by
Sarason Ronald S
Bought by
Quinn Francis P
Seller's Agent
Timothy Armstrong
REVE, REALTORS
Buyer's Agent
Francis Quinn
Windfeel Properties
List Price
$899,000
Sold Price
$715,000
Premium/Discount to List
-$184,000
-20.47%
Total Days on Market
307
Current Estimated Value
$807,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,586
Avg. Annual Appreciation
1.49%
Original Mortgage
$809,600
Outstanding Balance
$679,340
Interest Rate
4.17%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$128,246

Purchase Details

Closed on
Jul 23, 2010
Sold by
Jenkens Robert C and Fahey John J
Bought by
Sarason Ronald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.76%
Source: Public Records

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Range of Values:

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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
Quinn Francis P $715,000 True Title Of Metairie Llc
Sarason Ronald S $592,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinn Francis P $809,600
Previous Owner Sarason Ronald S $417,000
Previous Owner Jenkens Robert Cassady $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold -- -- --
02/15/2017 02/15/17 Pending -- -- --
04/13/2016 04/13/16 For Sale $899,000 0.0% $226 / Sq Ft
04/25/2012 04/25/12 For Rent $3,200 0.0% --
04/25/2012 04/25/12 Rented $3,200 -- --
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 $10,431 $81,860 $13,740 $68,120
2024 $11,552 $81,860 $13,740 $68,120
2023 $8,145 $64,350 $9,820 $54,530
2022 $8,145 $61,620 $9,820 $51,800
2021 $8,736 $64,350 $9,820 $54,530
2020 $8,915 $64,620 $9,820 $54,800
2019 $9,298 $64,620 $9,820 $54,800
2018 $10,603 $64,620 $9,820 $54,800
2017 $10,218 $64,620 $9,820 $54,800
2016 $9,645 $59,250 $3,930 $55,320
2015 $9,461 $59,250 $3,930 $55,320
2014 -- $59,250 $3,930 $55,320
2013 -- $59,250 $3,930 $55,320
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Timothy Armstrong

    REVE, REALTORS

    4 in this area

    27 Total Sales

    Timothy Armstrong
    Section Image

  • F

    Buyer's Agent in 2017

    Francis Quinn

    Windfeel Properties

See All Agents

Map

Source: ROAM MLS

MLS Number: 2053005

APN: 4-11-2-039-24

Louisiana Orleans Parish New Orleans 70130 Garden District

1124 Philip St, New Orleans, LA

This home is located at 1124 Philip St, New Orleans, LA 70130 since 13 April 2016 and is currently estimated at $807,586, approximately $202 per square foot. This property was built in 2004. 1124 Philip St is a home located in Orleans Parish with nearby schools including ReNEW Laurel Academy, International School of Louisiana - Uptown Campus, and Warren Easton Senior High School.

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