NOT LISTED FOR SALE

1912 Magazine St Unit Lower New Orleans, LA 70130

Lower Garden District Neighborhood
-- Bed
-- Bath
1,200 Sq Ft
1,612 Sq Ft Lot

Highlights

  • Cooling Available
  • Accessibility Features
  • Rectangular Lot
  • Wood patio
  • Central Heating

About This Home

As of June 2020

Immediately available commercial space on first floor of 2 story building on bustling Lower Magazine Street in the Lower Garden District! Approximate SF: 1200 interior (including 1 bathroom) plus a 230 SF courtyard. New A/C unit, 125 lb grease trap (no stove vent hood), 200 AMP electrical, convection oven allowed but no stove vent. NNN.

Last Agent to Rent the Property

SUZY LAMORE

REVE, REALTORS License #995699195 Listed on: 01/21/2020

REVE, REALTORS

Last Renter's Agent

SUZY LAMORE

REVE, REALTORS License #995699195 Listed on: 01/21/2020

REVE, REALTORS

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,760

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 20x81
  • Rectangular Lot
  • Property is in average condition
  • Zoning described as HU-B1

Home Design

  • Updated or Remodeled
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Accessibility Features
  • Wood patio
  • City Lot

Listing and Financial Details

  • Security Deposit $3,000
  • Tenant pays for all utilities, insurance, janitorial service, taxes
  • Assessor Parcel Number 701301912MagazineSTLower

Property Details

Property Type

Other

Est. Annual Taxes

$8,760

Year Built

1900

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes
  • Security Deposit: 3000.0

Listing Details

  • Property Sub Type: Retail
  • Prop. Type: Commercial Lease
  • Lot Size: 20X81
  • Directions: Between St. Mary & St. Andrew Streets, Across 1 Way Magazine from Sophie Wright Park
  • New Construction: No
  • Year Built Details: 150
  • Property Sub Type Additional: Retail
  • Special Features: None
  • Year Built (Public Record): 1900

Interior Features

  • Accessibility Features: Accessibility Features
  • Living Area: 1200.0
  • Stories: 2

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick, Concrete
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Average Condition, Updated/Remodeled, Resale

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Association Name: no

Lot Info

  • Parcel #: 701301912MagazineSTLower
  • Zoning Description: HU-B1
  • Zoning: HU-B1
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 1400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2003
Sold by
Kahn Gerald E
Bought by
Banquette Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$224,021
Interest Rate
5.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Banquette Properties Inc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banquette Properties Inc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Rented $2,500 -16.7% --
05/24/2020 05/24/20 Under Contract -- -- --
01/21/2020 01/21/20 For Rent $3,000 -- --
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 $8,760 $66,370 $7,290 $59,080
2024 $8,893 $66,370 $7,290 $59,080
2023 $8,944 $70,000 $5,670 $64,330
2022 $8,944 $63,560 $5,670 $57,890
2021 $9,422 $65,450 $5,670 $59,780
2020 $10,988 $75,580 $5,670 $69,910
2019 $3,570 $23,630 $5,670 $17,960
2018 $3,641 $23,630 $5,670 $17,960
2017 $3,476 $23,630 $5,670 $17,960
2016 $3,587 $23,630 $5,670 $17,960
2015 $3,693 $24,840 $3,240 $21,600
2014 -- $24,840 $3,240 $21,600
2013 -- $24,840 $3,240 $21,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2020

    SUZY LAMORE

    REVE, REALTORS

    (504) 300-0700

    2 in this area

    42 Total Sales

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Map

Source: ROAM MLS

MLS Number: 2237711

APN: 4-11-2-031-08

Louisiana Orleans Parish New Orleans 70130 Lower Garden District

1912 Magazine St Unit Lower, New Orleans, LA

This home is located at 1912 Magazine St Unit Lower, New Orleans, LA 70130 since 21 January 2020. This property was built in 1900. 1912 Magazine St Unit Lower 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.

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