NOT LISTED FOR SALE

1940 N Rampart St New Orleans, LA 70116

Marigny Neighborhood

Estimated Value: $474,000 - $1,067,336

4 Beds
2.5 Baths
4,173 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 31, 2020

Current estimated payment $5,427/month

278 Days on Market

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Heating Available
  • Corner Lot
  • Historic Home
  • 4-minute walk to Washington Square Park

About This Home

As of January 2020

Historic building in the heart of Marigny Triangle, walking distance to the French Quarter and Frenchman Street. Big corner lot with garage and off street parking. 2 gutted apartments connected to the house can be converted to condos or an accessory Bed and Breakfast or daycare under the HMR-1 zoning. Currently it is a residential historic corridor. Many development possibilities along this mixed use area.

Last Agent to Sell the Property

Michael Mito

United Real Estate Partners, LLC License #995711004 Listed on: 03/28/2019

United Real Estate Partners, LLC

Co-Listed By

Lucy Chun

RE/MAX Commercial Brokers,Inc. License #000049188

Last Buyer's Agent

Elijah Feibelman

CBTEC METAIRIE License #000031865

CBTEC METAIRIE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,774

Year Built

  • 1820

Lot Details

  • Corner Lot
  • Historic Home
  • Property is in average condition

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 4,173 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 701161940NrampartST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,774

Year Built

1820

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: 63' by 63'
  • Co List Office Mls Id: RMCB01
  • Co List Office Phone: (504) 838-0001
  • Architectural Style: Traditional, Historic/Antique
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 200
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1820

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 4173.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Foundation Details: Raised
  • Property Condition: Average Condition, Fixer
  • Roof: Shingle

Garage/Parking

  • Parking Features: One Space

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701161940NrampartST
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jan 31, 2020
Sold by
Branicky Lorette Reyes and Ladut Patricia Reyes
Bought by
Hutchings Rebecca Meyers and Hutchings John James
Seller's Agent
Michael Mito
United Real Estate Partners, LLC
Buyer's Agent
Elijah Feibelman
CBTEC METAIRIE
List Price
$625,000
Sold Price
$400,000
Premium/Discount to List
-$225,000
-36%
Total Days on Market
278
Current Estimated Value
$790,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,584
Avg. Annual Appreciation
13.61%
Original Mortgage
$320,000
Outstanding Balance
$287,034
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$503,550
Source: Public Records

Similar Homes in New Orleans, LA

  • 1830 Burgundy St, New Orleans, LA 70116

    $695,000

    • 3 Beds
    • 3 Baths
    • 1,787 Sq Ft
    • 1830 Burgundy St
    • New Orleans, LA

    Located in the Heart of the Marigny Triangle with Current Floor Plan as Two Bed, Two Bath with Attached One Bed, One Bath with Separate Meters. Can be Single Home with Opening One Wall to Share Spaces. Rear Shared Courtyard, Three+ Vehicle Parking and Front Porch! Hardwood Flooring, Central Heating and Air Conditioning with Auxiliary Split System in Smaller Unit. Flood Zone X, Property Showings

    Steve Richards LATTER & BLUM (LATT09)

    Section Image
  • 1830 Burgundy St, New Orleans, LA 70116

    $695,000

    • 3 Beds
    • 3 Baths
    • 1,787 Sq Ft
    • 1830 Burgundy St
    • New Orleans, LA

    Located in the Heart of the Marigny Triangle with Current Floor Plan as Two Bed, Two Bath with Attached One Bed, One Bath with Separate Meters. Can be Single Home with Opening One Wall to Share Spaces. Rear Shared Courtyard, Three+ Vehicle Parking and Front Porch! Hardwood Flooring, Central Heating and Air Conditioning with Auxiliary Split System in Smaller Unit. Flood Zone X, Property Showings

    Steve Richards LATTER & BLUM (LATT09)

    Section Image
  • 5 N Rampart St, New Orleans, LA 70116

    $749,000

    • 3 Beds
    • 3 Baths
    • 2,375 Sq Ft
    • 5 N Rampart St
    • New Orleans, LA

    This beautifully restored multi family home was at one point two homes evenly divided. During the renovation, the owners side was carved out to be larger than the other side. There are many advantages to this arrangement. The one bedroom apartment can be a wonderful guest quarters, or an apartment for parents or rented for additional income. Lots of great options! Let’s dig into why this property

    ANDREW EVANS REVE, REALTORS

    Section Image
  • 2224 N Rampart St, New Orleans, LA 70117

    $850,000

    • 4 Beds
    • 3.5 Baths
    • 2,591 Sq Ft
    • 2224 N Rampart St
    • New Orleans, LA

    Situated in the heart of Faubourg Marigny, just moments from the French Quarter, this exquisitely renovated 120-year-old Victorian blends historic charm with modern convenience. Classic architectural details include original antique heart pine floors, soaring 12-foot ceilings, pocket doors, and eight exposed brick fireplaces with original mantles, capturing the essence of New Orleans

    JOEY WALKER REVE, REALTORS

    Section Image
  • 803 Marigny St, New Orleans, LA 70117

    $655,000

    • 5 Beds
    • 4 Baths
    • 2,783 Sq Ft
    • 803 Marigny St
    • New Orleans, LA

    ~~ Amazing Marigny Location Location Location ~~ This Tri-Plex at 803 Marigny St Features an Owner's Unit with 3 Bedrooms plus a Loft & 2 Full Baths. Original Hardwood Floors & High Ceilings, Jacuzzi Tub & Separate Shower. 2301 Dauphine Unit A Features 1 Bedroom 1 Full Bath with a Full Kitchen, Living Room, Breakfast Area, Huge Closets & Laundry Room. 2301 Dauphine Unit B is an Efficiency with

    Tangie Stephens KELLER WILLIAMS REALTY 455-0100

    Section Image
  • 2301 Dauphine St, New Orleans, LA 70117

    $655,000

    • 5 Beds
    • 4 Baths
    • 2,783 Sq Ft
    • 2301 Dauphine St
    • New Orleans, LA

    ~~ Amazing Marigny Location Location Location ~~ This Tri-Plex at 803 Marigny/2601 Dauphine Features an Owner's Unit with 3 Bedrooms plus a Loft & 2 Full Baths. Original Hardwood Floors & High Ceilings, Jacuzzi Tub & Separate Shower. 2301 Dauphine Unit A Features 1 Bedroom 1 Full Bath with a Full Kitchen, Living Room, Breakfast Area, Huge Closets & Laundry Room. 2301

    Tangie Stephens KELLER WILLIAMS REALTY 455-0100

    Section Image
  • 2109 Chartres St, New Orleans, LA 70116

    $895,000

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft
    • 2109 Chartres St
    • New Orleans, LA

    Rare opportunity to acquire a coveted HMC-1 zoned property in the heart of Marigny Triangle, just steps away from vibrant Frenchmen Street! This exquisite property features two charming updated 1-bedroom, 1-bathroom units along with a spacious 2-bed, 1-bathroom owner's unit situated at the rear of the residence. Original architectural details abound, including elegant fireplace mantels, gleaming

    Joshua Walther Witry Collective, L.L.C.

    Section Image
  • 1501 Marais St, New Orleans, LA 70116

    $699,000

    • 6 Beds
    • 4 Baths
    • 2,680 Sq Ft
    • 1501 Marais St
    • New Orleans, LA

    Opportunity to own a Historical Multi-Family property with significant income potential. Just a short walk to the French Quarter and Marigny triangle, this historically rich triplex, features a charming central courtyard and combines old-world charm with modern amenities. With three separately metered units, the property includes a downstairs unit with 3 bedrooms and 2 full bathrooms, an upstairs

    REBECCA WAXMAN McEnery Residential, LLC

    Section Image
  • 530 32 Esplanade Ave, New Orleans, LA 70116

    $695,000

    • 2 Beds
    • 2 Baths
    • 2,143 Sq Ft
    • 530 32 Esplanade Ave
    • New Orleans, LA

    This raised double has hard wood floors, high ceilings, many remaining architectural details, parking and bonus space below! The property fronts on a beautify median and is located in the vicinity of many popular restaurants, music venues, bars and the historic mint on Decatur!

    Albert Brown Bert Brown & Associates Real Estate, LLC

    Section Image
See All Homes in New Orleans

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
Hutchings Rebecca Meyers $400,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchings Rebecca Meyers $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold -- -- --
01/01/2020 01/01/20 Pending -- -- --
03/28/2019 03/28/19 For Sale $625,000 -- $150 / 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 $14,774 $111,930 $15,760 $96,170
2024 $14,998 $111,930 $15,760 $96,170
2023 $5,457 $40,090 $13,790 $26,300
2022 $5,457 $38,780 $13,790 $24,990
2021 $5,771 $40,090 $13,790 $26,300
2020 $5,828 $40,090 $13,790 $26,300
2019 $5,797 $40,090 $13,790 $26,300
2018 $5,912 $40,090 $13,790 $26,300
2017 $5,641 $40,090 $13,790 $26,300
2016 $4,119 $34,120 $3,940 $30,180
2015 $4,036 $34,120 $3,940 $30,180
2014 -- $34,120 $3,940 $30,180
2013 -- $34,120 $3,940 $30,180
Source: Public Records

Agents Affiliated with this Home

  • Michael Mito

    Seller's Agent in 2020

    Michael Mito

    United Real Estate Partners, LLC

    (504) 606-7788

    10 Total Sales

    Michael Mito
    Section Image
  • Lucy Chun

    Seller Co-Listing Agent in 2020

    Lucy Chun

    RE/MAX Commercial Brokers,Inc.

    (985) 502-4410

    Lucy Chun
    Section Image

  • E

    Buyer's Agent in 2020

    Elijah Feibelman

    CBTEC METAIRIE

    (504) 231-6534

    38 Total Sales

    Elijah Feibelman
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2196947

APN: 3-7W-1-019-14

Louisiana Orleans Parish New Orleans 70116 Marigny

1940 N Rampart St, New Orleans, LA

This home is located at 1940 N Rampart St, New Orleans, LA 70116 since 28 March 2019 and is currently estimated at $790,584, approximately $189 per square foot. This property was built in 1820. 1940 N Rampart 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