NOT LISTED FOR SALE

1244 Magazine St New Orleans, LA 70130

Lower Garden District Neighborhood

Estimated Value: $436,000 - $1,213,286

3 Beds
4 Baths
3,000 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 09, 2019

Current estimated payment $5,646/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Sound System
  • Balcony
  • Laundry Room
  • ENERGY STAR Qualified Appliances

About This Home

As of December 2019

Beautifully updated unit for rent with a wrap around balcony over looking Magazine St! This rental includes high ceilings, hardwood floors throughout, granite counter tops, updated cabinets and stainless appliances. Walking distance to shopping, restaurants, coffee and much more! Call today, this one won't last. Rent includes water, private washer dryer on site.

Last Agent to Sell the Property

Kevin Drews

Keller Williams Realty New Orleans License #995692805 Listed on: 10/16/2019

Keller Williams Realty New Orleans

Last Buyer's Agent

BRIAN MAHON

HGI Realty, LLC License #995691635

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897 | Remodeled

Lot Details

  • Lot Dimensions are 27x60
  • Rectangular Lot
  • Historic Home
  • Property is in excellent condition

Parking

  • 1 Parking Space

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • HardiePlank Type

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Sound System
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Tax Lot 2-A
  • Assessor Parcel Number 701301244MagazineST2-A

Property Details

Home Type

Multi-Family

Year Built

Built in 1897 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 27x60
  • Architectural Style: Traditional, Historic/Antique
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Appliances, HVAC, Insulation, Water Heater
  • Building Stories: 2
  • Year Built Details: 122
  • Year Built: 1897
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1897

Interior Features

  • Appliances: ENERGY STAR Qualified Appliances
  • Owner Pays: Water
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Living Area: 3000.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Balcony, Porch, Sound System
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Porch
  • Property Condition: Excellent, Repairs Cosmetic, Updated/Remodeled
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: One Space

Utilities

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

Lot Info

  • Parcel #: 701301244MagazineST2-A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 2-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Dec 9, 2019
Sold by
Love Michael T
Bought by
Suma Maddox Llc
Seller's Agent
Kevin Drews
Keller Williams Realty New Orleans
Buyer's Agent
BRIAN MAHON
HGI Realty, LLC
List Price
$1,200,000
Current Estimated Value
$860,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.63%
Original Mortgage
$960,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
J R Holdings I Llc
Bought by
Love Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.15%

Purchase Details

Closed on
Jul 1, 2004
Sold by
Johnson Bernadette
Bought by
Gray Jon
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
Suma Maddox Llc -- None Available
Love Michael T $375,000 --
Gray Jon $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suma Maddox Llc $3,200,000
Closed Suma Maddox Llc $960,000
Previous Owner Love Michael T $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Rented $1,490 0.0% --
08/12/2020 08/12/20 Under Contract -- -- --
07/29/2020 07/29/20 For Rent $1,490 0.0% --
12/09/2019 12/09/19 Sold -- -- --
11/09/2019 11/09/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $1,200,000 -- $400 / 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 -- $85,930 $5,990 $79,940
2024 $11,514 $85,930 $5,990 $79,940
2023 $10,591 $82,800 $5,670 $77,130
2022 $10,591 $75,270 $5,670 $69,600
2021 $17,274 $120,000 $5,670 $114,330
2020 $4,459 $37,500 $5,670 $31,830
2019 $4,630 $37,500 $5,670 $31,830
2018 $4,720 $37,500 $5,670 $31,830
2017 $4,492 $37,500 $5,670 $31,830
2016 $4,632 $37,500 $5,670 $31,830
2015 $4,539 $37,500 $3,240 $34,260
2014 -- $37,500 $3,240 $34,260
2013 -- $37,500 $3,240 $34,260
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    BRIAN MAHON

    HGI Realty, LLC

    (504) 207-7575

    4 Total Sales

    BRIAN MAHON
    Section Image
  • Jonathan Schmitt

    Buyer's Agent in 2020

    Jonathan Schmitt

    REVE, REALTORS

    (504) 512-9220

    7 in this area

    87 Total Sales

    Jonathan Schmitt
    Section Image
  • Kevin Drews

    Seller's Agent in 2019

    Kevin Drews

    Keller Williams Realty New Orleans

    (504) 300-2409

    53 Total Sales

    Kevin Drews
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2227579

APN: 1-02-1-037-24

Louisiana Orleans Parish New Orleans 70130 Lower Garden District

1244 Magazine St, New Orleans, LA

This home is located at 1244 Magazine St, New Orleans, LA 70130 since 16 October 2019 and is currently estimated at $860,095, approximately $286 per square foot. This property was built in 1897. 1244 Magazine St is a home located in Orleans Parish with nearby schools including International School of Louisiana - Uptown Campus, The NET Charter High School, and Warren Easton Senior High School.

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