NOT LISTED FOR SALE

3101 Banks St New Orleans, LA 70119

Mid-City Neighborhood

Estimated Value: $360,000 - $398,000

5 Beds
4 Baths
3,221 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 17, 2020

Current estimated payment $2,396/month

44 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to Canal And Salcedo
  • Central Heating and Cooling System
  • Corner Lot
  • Window Unit Cooling System

About This Home

As of April 2020

Renovated entire first floor unit on beautiful Oak tree lined Banks street, and off-street parking for one car. Open kitchen and living space, two bedrooms have en-suite bathrooms, central HVAC system, no carpet, in-unit stackable washer/dryer, updated appliances, shared backyard. The triplex has a new roof, new windows, new front door for the unit. Walk to the Bayou, centrally located by great restaurants and bars. Pets to be considered with a $300/pet non-refundable pet deposit. Minimum 12 months lease only.

Last Agent to Sell the Property

Cory Cheramie

Generations Realty Group, LLC License #995695561 Listed on: 02/02/2020

Generations Realty Group, LLC

Last Buyer's Agent

CHARLOTTE LINK

LATTER & BLUM (LATT28) License #995684807

LATTER & BLUM (LATT28)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,419

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 29' x 101'
  • Corner Lot
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,221 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot F
  • Assessor Parcel Number 701193101BanksSTF

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,419

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 29' x 101'
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 80
  • Year Built: 2018
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2018

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 3221.0

Exterior Features

  • Lot Features: Corner Lot, City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Other
  • Property Condition: Average Condition, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Two Spaces

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701193101BanksSTF
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Lot: F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2020
Closed on
Apr 17, 2020
Sold by
Floyd Seth John
Bought by
Madura Mark
Seller's Agent
Cory Cheramie
Generations Realty Group, LLC
Buyer's Agent
CHARLOTTE LINK
LATTER & BLUM (LATT28)
List Price
$359,000
Current Estimated Value
$372,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$245,250
Outstanding Balance
$217,801
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$140,295

Purchase Details

Listed on
Jul 10, 2017
Closed on
May 14, 2018
Sold by
B H V5 Llc A Louisiana Limited Liability
Bought by
Floyd Seth John
Seller's Agent
Ian Cockburn
John Anthony Realty LLC
Buyer's Agent
Cory Cheramie
Generations Realty Group, LLC
List Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$228,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2014
Sold by
Uaturi Roi R
Bought by
B H V5 Llc

Purchase Details

Closed on
Apr 23, 2010
Sold by
Dicarlo Properties Llc
Bought by
Uaturi Roi
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
Madura Mark $327,000 Oak Title
Floyd Seth John $285,000 Crescent Title Llc
B H V5 Llc -- --
Uaturi Roi $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madura Mark $245,250
Previous Owner Floyd Seth John $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Rented $1,800 0.0% --
12/18/2023 12/18/23 Under Contract -- -- --
11/14/2023 11/14/23 Price Changed $1,800 -10.0% $1 / Sq Ft
09/30/2023 09/30/23 Price Changed $2,000 -9.1% $1 / Sq Ft
09/07/2023 09/07/23 Price Changed $2,200 -8.3% $1 / Sq Ft
08/15/2023 08/15/23 For Rent $2,400 +23.1% --
07/01/2022 07/01/22 Rented $1,950 -18.8% --
06/01/2022 06/01/22 Under Contract -- -- --
05/13/2022 05/13/22 For Rent $2,400 0.0% --
04/17/2020 04/17/20 Sold -- -- --
03/18/2020 03/18/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $359,000 +20.1% $111 / Sq Ft
05/14/2018 05/14/18 Sold -- -- --
04/14/2018 04/14/18 Pending -- -- --
07/10/2017 07/10/17 For Sale $299,000 -- $96 / 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 $4,419 $32,000 $5,500 $26,500
2024 $4,288 $32,000 $5,500 $26,500
2023 $3,849 $31,070 $4,580 $26,490
2022 $3,849 $25,970 $4,580 $21,390
2021 $4,668 $31,070 $4,580 $26,490
2020 $4,174 $27,370 $4,580 $22,790
2019 $4,214 $26,570 $2,140 $24,430
2018 $4,314 $26,570 $2,140 $24,430
2017 $3,727 $23,840 $1,530 $22,310
2016 $3,818 $23,840 $1,530 $22,310
2015 $3,744 $23,840 $1,530 $22,310
2014 -- $23,840 $1,530 $22,310
2013 -- $9,000 $2,140 $6,860
Source: Public Records

Agents Affiliated with this Home

  • Ninh Tran

    Seller's Agent in 2023

    Ninh Tran

    REVE, REALTORS

    (504) 475-6675

    2 in this area

    67 Total Sales

    Ninh Tran
    Section Image

  • B

    Buyer's Agent in 2023

    Brett Trahan

    REVE, REALTORS

  • P

    Buyer's Agent in 2022

    PIERRE VIGUERIE

    REVE, REALTORS

    Section Image
  • Cory Cheramie

    Seller's Agent in 2020

    Cory Cheramie

    Generations Realty Group, LLC

    (985) 804-5093

    120 Total Sales

    Cory Cheramie
    Section Image
  • CHARLOTTE LINK

    Buyer's Agent in 2020

    CHARLOTTE LINK

    LATTER & BLUM (LATT28)

    (504) 220-4151

    39 Total Sales

    CHARLOTTE LINK
    Section Image

  • I

    Seller's Agent in 2018

    Ian Cockburn

    John Anthony Realty LLC

    (504) 615-2333

    12 Total Sales

    Ian Cockburn
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2235430

APN: 1-05-2-051-12

Louisiana Orleans Parish New Orleans 70119 Mid-City

3101 Banks St, New Orleans, LA

This home is located at 3101 Banks St, New Orleans, LA 70119 since 02 February 2020 and is currently estimated at $372,277, approximately $115 per square foot. This property was built in 2018. 3101 Banks St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Mary Bethune Elementary School, and Morris Jeff Community School.

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