NOT LISTED FOR SALE

1409 Frankfort St New Orleans, LA 70122

Lake Terrace-Oaks Neighborhood

Estimated Value: $508,372 - $518,000

3 Beds
3 Baths
2,070 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 22, 2019

Current estimated payment $3,335/month

99 Days on Market

Highlights

  • Oversized Lot
  • Shed
  • 2 Car Garage
  • One Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 3-minute walk to St John Park

About This Home

As of November 2019

SERENE, PRISTINE WITH PARK BACKYARD! This 3 bedroom, 3 bath home is move-in ready. Light and bright rooms! New flooring! Enjoy entertaining in the large living area or take the party outside to the yard which overlooks the neighborhood Boreas park area! Large lot 90’ X 110’ 2 car garage, Roof 3 years, Low flood insurance. Near Lakefront , UNO, Ben Franklin & north end of City Park. Just move in!

Last Agent to Sell the Property

Yvonne & James Miestchovich McCulla

LATTER & BLUM (LATT01) License #000017628 Listed on: 07/15/2019

LATTER & BLUM (LATT01)

Co-Listed By

James McCulla

LATTER & BLUM (LATT01) License #000024225

Last Buyer's Agent

KIM RAFFERTY

REVE, REALTORS License #000015540

REVE, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,089

Year Built

  • Built in 2015 | Remodeled

Lot Details

  • Lot Dimensions are 90' x 110'
  • Fenced
  • Oversized Lot
  • Property is in excellent condition

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,070 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Additional Features

  • Shed
  • City Lot

Community Details

  • Lake Terrace Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 701221409FrankfortST9

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,089

Year Built

Built in 2015 | Remodeled

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 90' X 110'
  • Co List Office Mls Id: LATT01
  • Co List Office Phone: (504) 888-4585
  • Subdivision Name: Lake Terrace
  • Directions: East on Robert E. Lee Blvd, left on Cartier, right on Frankfort
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: 64
  • Year Built: 2015
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 2015

Interior Features

  • Spa Features: None
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 2070.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Other
  • Property Condition: Excellent, Updated/Remodeled, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Garage, Two Spaces

Utilities

  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 360.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 701221409FrankfortST9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Nov 22, 2019
Sold by
Nikolic Marko and Nikolic Ajsa A
Bought by
Rutland Shawn Marie and Phillips Zachariah David
Seller's Agent
Yvonne & James Miestchovich McCulla
LATTER & BLUM (LATT01)
Buyer's Agent
KIM RAFFERTY
REVE, REALTORS
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%
Total Days on Market
99
Current Estimated Value
$513,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,093
Avg. Annual Appreciation
2.40%
Original Mortgage
$360,000
Outstanding Balance
$319,516
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$193,577

Purchase Details

Listed on
Mar 5, 2015
Closed on
May 12, 2015
Sold by
Kraesig Thomas
Bought by
Nikolic Marko
Seller's Agent
Aaron Dare
Crane Realtors
Buyer's Agent
Yvonne & James Miestchovich McCulla
LATTER & BLUM (LATT01)
List Price
$415,000
Sold Price
$398,000
Premium/Discount to List
-$17,000
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$318,400
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2007
Sold by
Adams Shirley B
Bought by
Kraesig Thomas A and Kraesig,Charles F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,700
Interest Rate
6.17%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Rutland Shawn Marie $450,000 Title Stream Llc
Nikolic Marko $398,000 --
Kraesig Thomas A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutland Shawn Marie $360,000
Previous Owner Nikolic Marko $318,400
Previous Owner Kraesig Thomas $243,000
Previous Owner Kraesig Thomas A $239,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold -- -- --
10/23/2019 10/23/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $479,000 +15.4% $231 / Sq Ft
05/12/2015 05/12/15 Sold -- -- --
04/12/2015 04/12/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $415,000 -- $201 / 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 $5,089 $42,750 $19,800 $22,950
2024 $5,110 $42,750 $19,800 $22,950
2023 $4,213 $42,750 $19,800 $22,950
2022 $4,213 $41,600 $19,800 $21,800
2021 $6,454 $42,750 $19,800 $22,950
2020 $6,086 $39,800 $19,800 $20,000
2019 $6,313 $39,800 $19,800 $20,000
2018 $6,432 $39,800 $19,800 $20,000
2017 $6,155 $39,800 $19,800 $20,000
2016 $6,341 $39,800 $19,800 $20,000
2015 $3,190 $26,410 $13,860 $12,550
2014 -- $26,410 $13,860 $12,550
2013 -- $26,410 $13,860 $12,550
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller Co-Listing Agent in 2019

    James McCulla

    LATTER & BLUM (LATT01)

    3 in this area

    72 Total Sales

    James McCulla
    Section Image

  • K

    Buyer's Agent in 2019

    KIM RAFFERTY

    REVE, REALTORS

    (504) 300-0700

    29 Total Sales

    KIM RAFFERTY
    Section Image
  • Aaron Dare

    Seller's Agent in 2015

    Aaron Dare

    Crane Realtors

    (504) 259-5917

    5 in this area

    303 Total Sales

    Aaron Dare
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2213569

APN: 3-7W-5-289-10

Louisiana Orleans Parish New Orleans 70122 Lake Terrace-Oaks

1409 Frankfort St, New Orleans, LA

This home is located at 1409 Frankfort St, New Orleans, LA 70122 since 15 July 2019 and is currently estimated at $513,093, approximately $247 per square foot. This property was built in 2015. 1409 Frankfort St is a home located in Orleans Parish with nearby schools including Mary Bethune Elementary School, Edward Hynes Charter School - Uno Campus, and Arthur Ashe Charter School.

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