NOT LISTED FOR SALE

1331 First St New Orleans, LA 70130

Garden District Neighborhood

Estimated Value: $1,914,163 - $2,852,000

6 Beds
6.5 Baths
7,718 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 04, 2020

Current estimated payment $16,897/month

24 Days on Market

Highlights

  • Corner Lot
  • 4-minute walk to St Charles And 1St Street
  • Enhanced Accessible Features
  • Balcony
  • Courtyard
  • Multiple cooling system units

About This Home

As of September 2020

This is an exceedingly rare opportunity to restore an extraordinary Garden District mansion and customize the renovation.
The Morris-Israel House features 7,718 square foot of interior living area with 9,370 square feet under the roof. Magnificent historic detailing and soaring 15 foot ceilings, this grand home is one of best and purest examples of Italianate architecture in all of New Orleans. Note that the mantles, floors, railings, etc. are covered to protect during renovation. Lot size is 15,816 SF.

Last Agent to Sell the Property

Gordon McLeod

The McEnery Company License #NOM:995699538 Listed on: 07/01/2020

The McEnery Company

Last Buyer's Agent

Glennda Bach

LATTER & BLUM (LATT07) License #NOM:000057937

LATTER & BLUM (LATT07)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,120

Year Built

  • 1900

Lot Details

  • Corner Lot
  • Oversized Lot
  • Historic Home
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Updated or Remodeled
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 7,718 Sq Ft Home
  • 2.5-Story Property
  • Fireplace With Gas Starter

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Balcony
  • Courtyard

Utilities

  • Multiple cooling system units
  • Central Heating

Additional Features

  • Enhanced Accessible Features
  • Outside City Limits

Listing and Financial Details

  • Assessor Parcel Number 701301331FIRSTSTREETST

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,120

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family - Detached
  • Style: Other
  • Condition: Vrgd
  • ADA Features: Yes
  • Homebuilder: S. Jamison
  • Lp Amt Sq Ft: 453.49
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.50000
  • Total Area: 9370
  • Age: 151
  • Age Description: Fixer Upper
  • Age Description 2: All Original, Historical, Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built (Public Record): 1900

Interior Features

  • Fireplace: Wood w/Gas Starter
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Estimated Living Area: 7718
  • Total Bathrooms: 7.00
  • Total Sq Ft: 7718

Exterior Features

  • Exterior: Stucco
  • ExteriorFeatures: Balcony, Courtyard
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Off Street Parking

Utilities

  • Air Conditioner: Three or More
  • Electricity Provided By: Entergy
  • Gas Type: Natural
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Condo/Co-op/Association

  • Home Owner Fee: No

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Corner, Oversized
  • Lot Size: See notes.
  • Parcel #: 701301331FIRSTSTREETST

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 4, 2020
Sold by
1331 First Llc
Bought by
Anderson Sharonda Sampson
Seller's Agent
Gordon McLeod
The McEnery Company
Buyer's Agent
Glennda Bach
LATTER & BLUM (LATT07)
List Price
$3,500,000
Sold Price
$3,300,000
Premium/Discount to List
-$200,000
-5.71%
Total Days on Market
24
Current Estimated Value
$2,408,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$891,279
Avg. Annual Appreciation
-6.39%

Purchase Details

Closed on
Aug 31, 2016
Sold by
The Administrators Of The Tulane Educati
Bought by
1331 First Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Anderson Sharonda Sampson $100,000 Crescent Title Llc
1331 First Llc $2,600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1331 First Llc $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold -- -- --
07/25/2020 07/25/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $3,500,000 -- $453 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $41,120 $295,570 $55,520 $240,050
2024 $41,711 $295,570 $55,520 $240,050
2023 $33,323 $234,000 $35,570 $198,430
2022 $33,323 $224,080 $35,570 $188,510
2021 $35,556 $234,000 $35,570 $198,430
2020 $36,125 $234,000 $35,570 $198,430
2019 $37,693 $234,000 $35,570 $198,430
2018 $38,395 $234,000 $35,570 $198,430
2017 $24,011 $151,850 $35,570 $116,280
2016 $22,892 $147,650 $31,730 $115,920
2015 $22,456 $147,650 $31,730 $115,920
2014 -- $147,650 $31,730 $115,920
2013 -- $147,650 $31,730 $115,920
Source: Public Records

Agents Affiliated with this Home

  • Gordon McLeod

    Seller's Agent in 2020

    Gordon McLeod

    The McEnery Company

    (504) 274-2701

    5 in this area

    16 Total Sales

    Gordon McLeod
    Section Image
  • Glennda Bach

    Buyer's Agent in 2020

    Glennda Bach

    Latter & Blum

    (504) 522-1819

    2 in this area

    156 Total Sales

    Glennda Bach
    Section Image
See All Agents

Map

Source: Gulf South Real Estate Information Network

MLS Number: 2259948

Gulf South Real Estate Information Network

APN: 4-12-1-006-06

Louisiana Orleans Parish New Orleans 70130 Garden District

1331 First St, New Orleans, LA

This home is located at 1331 First St, New Orleans, LA 70130 since 01 July 2020 and is currently estimated at $2,408,721, approximately $312 per square foot. This property was built in 1900. 1331 First 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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