$890,000
SOLD JUN 20, 2012
Last list price
4 Beds
3.5 Baths
4,900 Sq Ft
5,968 Sq Ft Lot

Recently Sold

$182 Per Sq Ft

20 Days on Market

Highlights

  • Two cooling system units
  • Property is in very good condition
  • Rectangular Lot
  • Central Heating and Cooling System

About This Home

As of May 2013

This home is located at 1240 Esplanade Ave, New Orleans, LA 70116 and is currently estimated at $890,000, approximately $181 per square foot. 1240 Esplanade Ave is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Bricolage Academy, and Mary Bethune Elementary School.

Last Agent to Sell the Property

Dorian Bennett

Crescent Sotheby's International License #000056288 Listed on: 04/30/2012

Crescent Sotheby's International

Last Buyer's Agent

Ryan Wentworth

REVE, REALTORS License #000071657

REVE, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,767

Lot Details

  • Lot Dimensions are 28 x 129
  • Property is in very good condition

Home Design

  • Brick Exterior Construction
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 4,900 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • City Lot

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 701161240ESPLANADEAV

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,767

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 28 x 129
  • Directions: Corner of Treme, two blocks from French Quarter!
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built Details: 150
  • Property Sub Type Additional: Townhouse,Detached,Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 4900.0

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Two Spaces

Utilities

  • Cooling: Central Air, 2 Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 701161240ESPLANADEAV
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Rapier Marianne and Swanson James R
Bought by
Swanson Marianne and Swanson James R
Current Estimated Value
$976,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,370,000
Outstanding Balance
$1,230,895
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
-$254,818

Purchase Details

Listed on
Jan 21, 2013
Closed on
May 10, 2013
Sold by
Labbe Jeffrey M
Bought by
Swanson James R
Seller's Agent
Ryan Wentworth
REVE, REALTORS
Buyer's Agent
MIDDLETON O'MALLEY
CBTEC MAGAZINE
List Price
$870,000
Sold Price
$851,000
Premium/Discount to List
-$19,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$595,700
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jun 20, 2012
Sold by
Herrington Thomas G
Bought by
Labbe Jeffrey M
Seller's Agent
Dorian Bennett
Crescent Sotheby's International
Buyer's Agent
Ryan Wentworth
REVE, REALTORS
List Price
$890,000
Sold Price
$805,000
Premium/Discount to List
-$85,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$417,000
Interest Rate
3.83%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $851,000 --
Warranty Deed $805,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,370,000 New Conventional
Closed $595,700 New Conventional
Previous Owner $417,000 No Value Available
Previous Owner $66,833 Credit Line Revolving
Previous Owner $535,200 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold -- -- --
04/10/2013 04/10/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $870,000 -2.2% $197 / Sq Ft
06/20/2012 06/20/12 Sold -- -- --
05/21/2012 05/21/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $890,000 -- $182 / 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 $9,767 $80,840 $17,880 $62,960
2024 $9,913 $80,840 $17,880 $62,960
2023 $9,974 $80,840 $17,880 $62,960
2022 $9,974 $77,690 $17,880 $59,810
2021 $10,655 $80,840 $17,880 $62,960
2020 $10,759 $80,840 $17,880 $62,960
2019 $10,535 $76,590 $8,940 $67,650
2018 $10,743 $76,590 $8,940 $67,650
2017 $10,243 $76,590 $8,940 $67,650
2016 $10,565 $76,590 $8,940 $67,650
2015 $10,350 $76,590 $5,960 $70,630
2014 -- $85,100 $20,860 $64,240
2013 -- $80,500 $20,860 $59,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 912668

APN: 2-08-1-035-01