NOT LISTED FOR SALE

Estimated Value: $200,000 - $723,000

0.11 Acre
$4,223,643 Price per Acre
4,879 Sq Ft Lot

Last Sold May 17, 2021

Current estimated payment $3,325/month

86 Days on Market

About This Lot

As of May 2021

Man oh man, must check the new construction comps for this neighborhood for both multifamilies and singles, it is steaming hot comps selling into the mid $700s! Very large with a depth of 157 feet!! Build a multifamily to live in with rental income, build an amazing single family with large enough yard for a pool, or build a property to flip. This supreme location 1 block off of Esplanade Ave is a straight bike ride between French Quarter/River and Fairgrounds/City Park!

Last Agent to Sell the Property

Clayton Fields

Keller Williams Realty New Orleans License #995691596 Listed on: 02/08/2021

Keller Williams Realty New Orleans

Last Buyer's Agent

Michael Zarou

LATTER & BLUM License #0099563861

LATTER & BLUM

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,267

Lot Details

  • Lot Dimensions are 31 x 157
  • Property is zoned HU-RD2

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Historic 7Th Ward Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3-7W-1-116-10

Property Details

Property Type

Land

Est. Annual Taxes

$8,267

Lot Details

0

Listing Details

  • Property Type: Land
  • Registered: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Residential

Exterior Features

  • Lot Features: Yard
  • New Construction: No
  • Road Frontage: City Street
  • Road Surface Type: Paved

Utilities

  • Electricity Provided By: Entergy
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Land Lease: No

Lot Info

  • Parcel Number: 3-7W-1-116-10
  • Zoning: HU-RD2
  • Additional Parcels: No
  • Lot Dimensions: 31 X 157

Multi Family

  • Elevation Units: Feet

Tax Info

  • TaxLegalDescription: SQ 899 LOT I COLUMBUS 31X157 DBLE 1/ST 5/RMS EACH S/R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 18, 2021
Sold by
Edwards Jason E
Bought by
1916 Columbus Llc
Seller's Agent
Clayton Fields
Keller Williams Realty New Orleans
Buyer's Agent
Michael Zarou
LATTER & BLUM
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Current Estimated Value
$473,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,048
Avg. Annual Appreciation
32.24%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Palao Ricardo and Palao-Jenkins Chavella
Bought by
Edwards Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,449
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

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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
1916 Columbus Llc $150,000 Crescent Title Llc
Edwards Jason E $121,000 Gulf South Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Jason E $85,050
Previous Owner Edwards Jason E $62,067
Previous Owner Edwards Jason E $378,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold -- -- --
02/08/2021 02/08/21 For Sale $159,000 -- --
Source: Greater Southern 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 $8,267 $69,480 $5,840 $63,640
2024 $8,391 $69,480 $5,840 $63,640
2023 $685 $71,020 $4,870 $66,150
2022 $685 $4,870 $4,870 $0
2021 $701 $4,870 $4,870 $0
2020 $708 $4,870 $4,870 $0
2019 $1,831 $12,120 $1,950 $10,170
2018 $809 $12,120 $1,950 $10,170
2017 $758 $12,120 $1,950 $10,170
2016 $780 $12,120 $1,950 $10,170
2015 $68 $6,500 $970 $5,530
2014 -- $6,500 $970 $5,530
2013 -- $6,500 $970 $5,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Southern MLS

MLS Number: NAB21002847

Greater Southern MLS

APN: 3-7W-1-116-10