NOT LISTED FOR SALE

2378 Prentiss Ave New Orleans, LA 70122

Milneburg Neighborhood

Estimated Value: $269,427

-- Bed
-- Bath
3,364 Sq Ft
$80/Sq Ft Est. Value

Last Sold February 16, 2022

Current estimated payment $1,781/month

96 Days on Market

About This Home

As of February 2022

Commercial building on the highly visible corner of Prentiss and St Roch. Wide open warehouse space and attached art deco 1930's service station. Needs renovation and may qualify for tax credits- located in a cultural district. Formerly a Phillips 66. Underground storage tanks have been removed and remediation completed. Report in attachments. Zoned commercial SB-1 Possible uses restaurant(with alcohol) bakery, storage, contractor, gym etc. Room for parking. Easy to show. https://czo.nola.gov/article-14/

Last Agent to Sell the Property

MJ Sauer

Keller Williams Realty New Orleans License #000074881 Listed on: 10/12/2021

Keller Williams Realty New Orleans

Last Buyer's Agent

David Harrison

Homesmart Realty South License #995697741

Homesmart Realty South

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,444

Year Built

  • 1950

Lot Details

  • Lot Dimensions are 95x120
  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as SB-1

Home Design

  • Fixer Upper

Interior Spaces

  • 3,364 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Parking Lot

Location

  • City Lot

Community Details

  • Gentilly Terrace Subdivision

Listing and Financial Details

  • Tax Lot 14A&C
  • Assessor Parcel Number 701222378PRENTISSAV14A&C

Property Details

Property Type

Other

Est. Annual Taxes

$9,444

Year Built

1950

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 95x120
  • Subdivision Name: Gentilly Terrace
  • Directions: Located on the corner of St Roch and Prentiss
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Mixed Use, Other, Warehouse
  • Year Built Details: 90
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built (Public Record): 1950

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Block
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Parking Lot, Three or more Spaces

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701222378PRENTISSAV14A&C
  • Zoning Description: SB-1
  • Zoning: SB-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 14A&C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Feb 16, 2022
Sold by
2378 Prentiss Llc
Bought by
Wingate Nola Properties Llc
Seller's Agent
MJ Sauer
Keller Williams Realty New Orleans
Buyer's Agent
David Harrison
Homesmart Realty South
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Total Days on Market
96
Current Estimated Value
$269,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,573
Avg. Annual Appreciation
-2.21%
Original Mortgage
$232,000
Outstanding Balance
$217,466
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$51,961

Purchase Details

Listed on
Sep 8, 2017
Closed on
Dec 19, 2018
Sold by
Scramuzza Ragusa Marlene and Ragusa Daniel J
Bought by
2378 Prentiss Lc
Seller's Agent
Joan Farabaugh
RE/MAX Affiliates
Buyer's Agent
MJ Sauer
Keller Williams Realty New Orleans
List Price
$300,000
Sold Price
$215,000
Premium/Discount to List
-$85,000
-28.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$430,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wingate Nola Properties Llc -- Commonwealth Land Title
2378 Prentiss Lc $210,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wingate Nola Properties Llc $232,000
Previous Owner 2378 Prentiss Lc $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold -- -- --
01/17/2022 01/17/22 Pending -- -- --
10/12/2021 10/12/21 For Sale $350,000 +16.7% $104 / Sq Ft
12/19/2018 12/19/18 Sold -- -- --
11/19/2018 11/19/18 Pending -- -- --
09/08/2017 09/08/17 For Sale $300,000 -- $91 / 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 $9,444 $71,550 $11,400 $60,150
2024 $5,065 $37,800 $11,400 $26,400
2023 $2,292 $40,650 $5,700 $34,950
2022 $2,292 $16,290 $5,700 $10,590
2021 $2,345 $16,290 $5,700 $10,590
2020 $2,642 $18,170 $5,700 $12,470
2019 $914 $6,050 $3,420 $2,630
Source: Public Records

Agents Affiliated with this Home

  • MJ Sauer

    Seller's Agent in 2022

    MJ Sauer

    Keller Williams Realty New Orleans

    (504) 862-0100

    1 in this area

    100 Total Sales

    MJ Sauer
    Section Image

  • D

    Buyer's Agent in 2022

    David Harrison

    Homesmart Realty South

    (504) 239-0512

    2 in this area

    49 Total Sales

    David Harrison
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2316342

APN: 3-8W-4-220-15

Louisiana Orleans Parish New Orleans 70122 Milneburg

2378 Prentiss Ave, New Orleans, LA

This home is located at 2378 Prentiss Ave, New Orleans, LA 70122 since 12 October 2021 and is currently estimated at $269,427, approximately $80 per square foot. This property was built in 1950. 2378 Prentiss Ave is a home located in Orleans Parish with nearby schools including Pierre A. Capdau Charter School, Pierre A. Capdau Charter School at Avery Alexander, and Audubon Gentilly.

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