NOT LISTED FOR SALE

Estimated Value: $2,218,878

-- Bed
-- Bath
6,378 Sq Ft
$348/Sq Ft Est. Value

Last Sold February 23, 2018

Current estimated payment $13,155/month

14 Days on Market

Highlights

  • Rectangular Lot
  • Wood Siding
  • 4-minute walk to Louis Armstrong Park

About This Home

As of February 2018

The Jazz Quarters hotel is just steps from the French Quarter and Armstrong Park in the Historic Treme. This unique property consists of eight beautifully restored cottages surrounded by parking for 15+ cars, intimate courtyards, and lush grounds hidden behind high walls and an iron gate. Currently configured with ten guest rooms and an innkeepers suite with the potential to add more. Sale includes hotel license, business name and website.
www.jazzquarters.com

Last Agent to Sell the Property

Shelley Lawrence

Wurth Real Estate Services License #000028441 Listed on: 01/09/2018

Co-Listed By

John Schaff

Compass Historic (LATT09) License #912124217

Last Buyer's Agent

Shelley Lawrence

Wurth Real Estate Services License #000028441 Listed on: 01/09/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,216

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 86 x 130 x 150 x 90 x 664 x 40
  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as HCM-2

Home Design

  • Cosmetic Repairs Needed
  • Mixed Use
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 6,378 Sq Ft Home
  • Living Quarters

Parking

  • 3 Parking Spaces
  • Parking Lot

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 701161129STPHILIPST

Property Details

Property Type

Other

Est. Annual Taxes

$18,216

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 86 X 130 X 150 X 90 X 664 X 40
  • Co List Office Mls Id: LATT18
  • Co List Office Phone: (504) 895-4663
  • New Construction: No
  • Structure Type: Hotel/Motel, Mixed Use
  • Year Built Details: 100
  • Year Built: 2016
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: Other
  • Year Built: 2016

Interior Features

  • Living Area: 6378.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick, Wood Siding
  • Other Structures: Living Quarters
  • Property Condition: Repairs Cosmetic, Resale

Garage/Parking

  • Parking Features: Parking Lot, Three or more Spaces

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701161129STPHILIPST
  • Zoning Description: HCM-2
  • Zoning: HCM-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Feb 23, 2018
Sold by
Saint Philip Partnership Llc A Louisiana
Bought by
New Orleans Jazz Quarters Llc A Louisian
Seller's Agent
Shelley Lawrence
Wurth Real Estate Services
Buyer's Agent
Shelley Lawrence
Wurth Real Estate Services
List Price
$1,925,000
Current Estimated Value
$2,218,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
New Orleans Jazz Quarters Llc A Louisian $1,800,000 Heritage Title Group Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold -- -- --
01/24/2018 01/24/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $1,925,000 -- $302 / 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 $18,216 $138,010 $33,980 $104,030
2024 $18,492 $138,010 $33,980 $104,030
2023 $13,759 $175,760 $33,980 $141,780
2022 $13,759 $97,780 $33,980 $63,800
2021 $13,667 $94,940 $33,980 $60,960
2020 $25,552 $175,760 $33,980 $141,780
2019 $25,270 $167,260 $25,480 $141,780
2018 $13,867 $90,000 $8,930 $81,070
2017 $13,241 $90,000 $8,930 $81,070
2016 $13,660 $90,000 $8,930 $81,070
2015 $13,380 $90,000 $8,930 $81,070
2014 -- $90,000 $11,890 $78,110
2013 -- $90,000 $11,890 $78,110
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2137288

APN: 2-08-1-030-05