NOT LISTED FOR SALE

1141 Frenchmen St New Orleans, LA 70116

7th Ward Neighborhood

Estimated Value: $508,644

5 Beds
3.5 Baths
3,364 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 04, 2017

Current estimated payment $3,136/month

84 Days on Market

Highlights

  • Traditional Architecture
  • Balcony
  • Property is in very good condition
  • Corner Lot
  • Window Unit Cooling System
  • Wood Siding

About This Home

As of May 2017

Colorful Triplex in ideal New Marigny location – one block to St. Claude corridor & new streetcar line that offers easy access to French Quarter & downtown. Walk to restaurants, nightlife, live music & Crescent Park. Perfect owner/occupant setup w/ separate meters & indoor laundry. Two 1 bed/1 bath apartments downstairs w/ private access. Larger unit upstairs w/ 3 bed/1.5 bath plus extra space downstairs for office/studio w/ half bath. Large wraparound balcony. Preferred flood zone X – low insurance premium

Last Agent to Sell the Property

Katie Witry

Witry Collective, L.L.C. License #995710150 Listed on: 01/09/2017

Co-Listed By

Darrin Duplissey

Reese & Company Real Estate, LLC License #000070388

Last Buyer's Agent

Brett Rector

Witry Collective, L.L.C. License #995697878

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,442

Lot Details

  • Lot Dimensions are 32 x 56
  • Corner Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,364 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • City Lot

Community Details

  • 3 Units
  • S. 7Th Ward Neighbors Association
  • New Marigny Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 6-A
  • Assessor Parcel Number 701161141FrenchmenST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,442

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 32 x 56
  • Co List Office Mls Id: LATT29
  • Co List Office Phone: (504) 891-6400
  • Subdivision Name: New Marigny
  • Directions: Downtown on N. Rampart to St. Claude, left on Frenchmen, property on right.
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 90
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 3364.0

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Pool Features: None
  • Construction Type: Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association Name: S. 7th Ward Neighbors

Lot Info

  • Parcel #: 701161141FrenchmenST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 6-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 4, 2017
Sold by
Blue Savannah Marie
Bought by
Drogseth Elizabeth M
Seller's Agent
Katie Witry
Witry Collective, L.L.C.
Buyer's Agent
Brett Rector
Witry Collective, L.L.C.
List Price
$445,000
Current Estimated Value
$508,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$434,090
Outstanding Balance
$364,169
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$144,475

Purchase Details

Closed on
Dec 9, 2009
Sold by
Citibank Na
Bought by
Blue Savannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,085
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2005
Sold by
Phillips Gertrude
Bought by
Brinkley Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.87%
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
Drogseth Elizabeth M $445,000 Crescent Title Llc
Blue Savannah $108,750 --
Brinkley Stephen $207,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drogseth Elizabeth M $103,298
Open Drogseth Elizabeth M $434,090
Previous Owner Blue Savannah $139,085
Previous Owner Issacs Michael E $72,150
Previous Owner Brinkley Stephen $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold -- -- --
04/04/2017 04/04/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $445,000 -- $132 / 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 $4,442 $40,500 $1,790 $38,710
2024 $4,508 $40,500 $1,790 $38,710
2023 $4,464 $40,500 $1,080 $39,420
2022 $4,464 $38,530 $1,080 $37,450
2021 $4,848 $40,500 $1,080 $39,420
2020 $4,895 $40,500 $1,080 $39,420
2019 $5,015 $40,050 $630 $39,420
2018 $6,171 $40,050 $630 $39,420
2017 $2,735 $18,590 $630 $17,960
2016 $2,822 $18,590 $630 $17,960
2015 $2,035 $20,660 $1,790 $18,870
2014 -- $20,660 $1,790 $18,870
2013 -- $20,660 $1,790 $18,870
Source: Public Records

Agents Affiliated with this Home

  • Katie Witry

    Seller's Agent in 2017

    Katie Witry

    Witry Collective, L.L.C.

    (504) 919-8585

    14 in this area

    262 Total Sales

    Katie Witry
    Section Image

  • D

    Seller Co-Listing Agent in 2017

    Darrin Duplissey

    Reese & Company Real Estate, LLC

    (504) 975-8616

    Darrin Duplissey
    Section Image
  • Brett Rector

    Buyer's Agent in 2017

    Brett Rector

    Witry Collective, L.L.C.

    (504) 291-2022

    2 in this area

    76 Total Sales

    Brett Rector
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2087103

APN: 3-7W-1-038-05

Louisiana Orleans Parish New Orleans 70116 7th Ward

1141 Frenchmen St, New Orleans, LA

This home is located at 1141 Frenchmen St, New Orleans, LA 70116 since 09 January 2017 and is currently priced at $508,644, approximately $151 per square foot. 1141 Frenchmen St is a home located in Orleans Parish with nearby schools including Homer Plessy French Quarter Community School, Mary Bethune Elementary School, and KIPP Leadership Primary.

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