NOT LISTED FOR SALE

1940 Burgundy St New Orleans, LA 70116

Marigny Neighborhood

Estimated Value: $1,299,195

-- Bed
-- Bath
3,500 Sq Ft
$371/Sq Ft Est. Value

Last Sold December 17, 2014

Current estimated payment $7,872/month

32 Days on Market

About This Home

As of December 2014

Amazing opportunity to grab this Marigny office space ALL UTILITIES INCLUDED! Perfect central location ideal for any small business with easy access to the French Quarter and downtown. Steps to Frenchmen street, N Rampart street car and Elysian Fields! 1 year lease available! Won't last!

Last Agent to Sell the Property

Michael Bain

Crescent Sotheby's International License #000057496 Listed on: 10/15/2014

Crescent Sotheby's International

Last Buyer's Agent

Mary Casey

RE/MAX N.O. Properties License #000050164

RE/MAX N.O. Properties

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,396

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 31 x 63
  • The community has rules related to zoning restrictions
  • Zoning described as HMC-1

Home Design

  • Cosmetic Repairs Needed
  • Frame Construction

Interior Spaces

  • 3,500 Sq Ft Home
  • Property has 2 Levels
  • Living Quarters

Location

  • City Lot

Community Details

  • Common Area

Listing and Financial Details

  • The owner pays for all utilities, insurance, taxes
  • Assessor Parcel Number 701161940BURGUNDYST

Property Details

Property Type

Other

Est. Annual Taxes

$11,396

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 31 x 63
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Mixed Use
  • Year Built Details: 115
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 2012

Interior Features

  • Owner Pays: All Utilities, Insurance, Taxes
  • Living Area: 3500.0

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Frame
  • Other Structures: Living Quarters
  • Property Condition: Repairs Cosmetic, Resale

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area

Lot Info

  • Parcel #: 701161940BURGUNDYST
  • Zoning Description: HMC-1
  • Zoning: HMC-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2014
Closed on
Jan 17, 2015
Sold by
Dutch Properties Llc
Bought by
Smith James E
Seller's Agent
Michael Bain
Crescent Sotheby's International
Buyer's Agent
Mary Casey
RE/MAX N.O. Properties
List Price
$829,000
Current Estimated Value
$1,299,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith James E $699,750 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 For Rent $1,500 0.0% --
05/18/2021 05/18/21 Rented $1,500 +25.0% --
04/10/2017 04/10/17 Rented $1,200 0.0% --
03/11/2017 03/11/17 Under Contract -- -- --
02/16/2017 02/16/17 For Rent $1,200 0.0% --
12/17/2014 12/17/14 Sold -- -- --
11/17/2014 11/17/14 Pending -- -- --
10/15/2014 10/15/14 For Sale $829,000 -- $237 / 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 $11,396 $86,340 $7,810 $78,530
2024 $11,569 $86,340 $7,810 $78,530
2023 $11,519 $87,130 $6,840 $80,290
2022 $11,519 $81,860 $6,840 $75,020
2021 $11,002 $76,430 $6,840 $69,590
2020 $12,667 $87,130 $6,840 $80,290
2019 $12,528 $82,920 $6,840 $76,080
2018 $12,776 $82,920 $6,840 $76,080
2017 $12,199 $82,920 $6,840 $76,080
2016 $12,586 $82,920 $6,840 $76,080
2015 $5,719 $38,470 $1,170 $37,300
2014 -- $38,470 $1,170 $37,300
2013 -- $45,930 $1,170 $44,760
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Reneau

    Seller's Agent in 2021

    Jeremy Reneau

    REVE, REALTORS

    (504) 418-0665

    1 in this area

    102 Total Sales

    Jeremy Reneau
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Sophia Bracali

    Keller Williams Realty New Orleans

    Section Image
  • Chantille Giron

    Buyer's Agent in 2021

    Chantille Giron

    La Maison Luxe Realty Group LL

    (504) 812-8809

    74 Total Sales

    Chantille Giron
    Section Image
  • STEPHANIE MCKEOUGH

    Seller's Agent in 2017

    STEPHANIE MCKEOUGH

    Berkshire Hathaway HomeServices Preferred, REALTOR

    (985) 373-2155

    139 Total Sales

    STEPHANIE MCKEOUGH
    Section Image
  • Doug Bernard

    Seller Co-Listing Agent in 2017

    Doug Bernard

    RE/MAX

    (985) 710-2495

    2 Total Sales

    Doug Bernard
    Section Image

  • D

    Buyer's Agent in 2017

    DOUG RODICK

    McEnery Residential, LLC

    (504) 312-3288

    23 Total Sales

    DOUG RODICK
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 1009106

APN: 3-7W-1-013-24

Louisiana Orleans Parish New Orleans 70116 Marigny

1940 Burgundy St, New Orleans, LA

This home is located at 1940 Burgundy St, New Orleans, LA 70116 since 15 October 2014 and is currently estimated at $1,299,195, approximately $371 per square foot. This property was built in 2012. 1940 Burgundy St is a home located in Orleans Parish with nearby schools including Homer Plessy French Quarter Community School, Mary Bethune Elementary School, and KIPP Leadership Primary.

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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes