2525 Banks St New Orleans, LA 70119
Tulane-Gravier NeighborhoodEstimated payment $1,378/month
Total Views
23,867
2
Beds
1
Bath
1,235
Sq Ft
$150
Price per Sq Ft
Highlights
- Traditional Architecture
- 5-minute walk to Canal And Dorgenois
- Wood Siding
- Central Heating and Cooling System
- Rectangular Lot
- Property has 1 Level
About This Home
NEW LOW PRICE!!!!! Adorned with a magnificent Oak, this 2 Bedroom / 1 Bath raised basement home is located on a tree lined street with plenty of shade! Convenient location, walking distance to the New Orleans Medical District, Endymion parade route, Canal Streetcar, restaurants, Coffee Science and all Mid-City has to offer. With a traditional shotgun layout, this home features all the New Orleans charm, including original hardwood floors, millwork & high ceilings. Both the kitchen and bathroom were updated in 2021. A bonus room with a stackable laundry closet can be used as an office or den. The unfinished basement offers an additional storage or studio space, which could potentially be used as a rental unit if permitted and renovated. Sold in As-Is condition. The seller requires proof of funds or mortgage pre-approval letter with all offers.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,459
Year Built
- Built in 1934
Lot Details
- 3,485 Sq Ft Lot
- Rectangular Lot
- Property is in average condition
Parking
- Driveway
Home Design
- Traditional Architecture
- Raised Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,235 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Additional Features
- City Lot
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 22-23
- Assessor Parcel Number 105201722
Map
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
Average Home Value in this Area
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 | $4,459 | $33,780 | $5,540 | $28,240 |
| 2024 | $4,526 | $33,780 | $5,540 | $28,240 |
| 2023 | $1,938 | $25,370 | $4,430 | $20,940 |
| 2022 | $1,938 | $13,770 | $4,430 | $9,340 |
| 2021 | $2,053 | $14,260 | $4,430 | $9,830 |
| 2020 | $2,073 | $14,260 | $4,430 | $9,830 |
| 2019 | $2,393 | $15,840 | $2,580 | $13,260 |
| 2018 | $2,441 | $15,840 | $2,580 | $13,260 |
| 2017 | $2,330 | $15,840 | $2,580 | $13,260 |
| 2016 | $2,404 | $15,840 | $2,580 | $13,260 |
| 2015 | $2,355 | $15,840 | $2,580 | $13,260 |
| 2014 | -- | $17,600 | $2,580 | $15,020 |
| 2013 | -- | $17,600 | $2,580 | $15,020 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Price Changed | $184,900 | -7.5% | $150 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $199,900 | 0.0% | $162 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $199,900 | -4.8% | $162 / Sq Ft |
| 06/21/2025 06/21/25 | Off Market | -- | -- | -- |
| 05/13/2025 05/13/25 | Price Changed | $209,900 | -6.7% | $170 / Sq Ft |
| 04/16/2025 04/16/25 | Price Changed | $224,900 | -6.3% | $182 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $239,900 | -29.2% | $194 / Sq Ft |
| 11/29/2021 11/29/21 | Sold | -- | -- | -- |
| 10/30/2021 10/30/21 | Pending | -- | -- | -- |
| 08/13/2021 08/13/21 | For Sale | $339,000 | +13.0% | $273 / Sq Ft |
| 01/29/2021 01/29/21 | Sold | -- | -- | -- |
| 12/30/2020 12/30/20 | Pending | -- | -- | -- |
| 08/03/2020 08/03/20 | For Sale | $300,000 | 0.0% | $121 / Sq Ft |
| 06/06/2017 06/06/17 | Rented | $1,100 | 0.0% | -- |
| 05/07/2017 05/07/17 | Under Contract | -- | -- | -- |
| 04/17/2017 04/17/17 | For Rent | $1,100 | -- | -- |
Source: ROAM MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $285,000 | Experience Title Group Llc | |
| Cash Sale Deed | $215,000 | Experience Title Group Llc | |
| Cash Sale Deed | $175,000 | Actual Title&Abstracting Llc | |
| Warranty Deed | $176,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $210,000 | Commercial | |
| Open | $367,252 | Commercial | |
| Previous Owner | $135,000 | New Conventional | |
| Previous Owner | $140,800 | No Value Available |
Source: Public Records
Similar Homes in New Orleans, LA
Source: ROAM MLS
MLS Number: 2488462
APN: 1-05-2-017-22
Nearby Homes
- 2511 Banks St Unit 2511
- 315 S Rocheblave St Unit C
- 2607 Banks St
- 2609 Palmyra St
- 2625 Palmyra St
- 2424 Tulane Ave
- 536 S Rocheblave St
- 200 S Broad St Unit 8
- 4001 Tulane Ave
- 215 S Broad St
- 209 S Broad St
- 2200 Gravier St
- 123 N Dorgenois St Unit 3A
- 2800 Banks St
- 2335 Canal St Unit ID1225796P
- 2335 Canal St Unit ID1225799P
- 2813 Banks St Unit 2B
- 2206 Gravier St
- 517 S Galvez St
- 320 S Dupre St Unit 320