NOT LISTED FOR SALE

318 Lake Marina Ave Unit 325 New Orleans, LA 70124

West End Neighborhood

Estimated Value: $149,000 - $185,000

1 Bed
1.5 Baths
711 Sq Ft
$198/mo HOA Fee

Last Sold April 24, 2014

Current estimated payment $1,147/month

42 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Balcony
  • Building Security
  • Covered Patio or Porch
  • Courtyard

About This Home

As of April 2014

Beautifully renovated 1 bedroom unit. Light, bright & airy colors; bamboo floors; new kitchen & appliances; lots of closet space; balcony off master bedroom; all new doulbe insulated windows; den overlooking pool courtyard; half bath for guests; and full bath in master with oversized tub & linen closet. Both baths have ceramic tile. Complex offers gated secured parkign, camera system, pool, BBQ, courtyard & skydeck on roof. Best buy in the area!

Last Agent to Sell the Property

Peter Ingrassia

LATTER & BLUM (LATT10) License #000033013 Listed on: 02/10/2014

LATTER & BLUM (LATT10)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $802

Year Built

  • Built in 2011

Lot Details

  • Lake Front
  • Property is in excellent condition

HOA Fees

  • $198 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 711 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Courtyard
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 70124318LAKEMARINAAV325

Community Details

Overview

  • Association fees include common areas, water
  • 77 Units
  • Pier 8 Association
  • Pier 8 Subdivision

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Building Security
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$802

Year Built

Built in 2011

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: Condo
  • Subdivision Name: Pier 8
  • Entry Level: 3
  • New Construction: No
  • Year Built Details: 36
  • Year Built: 2011
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Year Built: 2011

Interior Features

  • Spa Features: None
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Elevator, Pantry, Cable TV
  • Living Area: 711.0
  • Stories: 3

Exterior Features

  • Lot Features: City Lot
  • Pool Features: Community, In Ground
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Courtyard, Patio
  • Patio And Porch Features: Concrete, Covered, Balcony, Patio
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Assigned, Parking Lot, One Space

Utilities

  • Security: Building Security
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Pool
  • Association #2 Fee: 198.0
  • Association Name: Pier 8
  • Association: No
  • Pets Allowed: No, Pet Restrictions

Fee Information

  • Association Fee Includes: Common Areas, Water

Lot Info

  • Parcel #: 70124318LAKEMARINAAV325
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
Apr 24, 2014
Sold by
Wickham Jimmie C
Bought by
Fredrick Michael W
Seller's Agent
Peter Ingrassia
LATTER & BLUM (LATT10)
List Price
$105,000
Current Estimated Value
$163,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$84,000
Outstanding Balance
$64,989
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$96,780

Purchase Details

Closed on
Mar 23, 2011
Sold by
Secretary Of H U D
Bought by
Wickham Jimmie C

Purchase Details

Closed on
Nov 29, 2010
Sold by
Standard Mortgage Corporation
Bought by
Sec Of Hud

Purchase Details

Closed on
Nov 17, 2010
Sold by
Alvarez Francisco E
Bought by
Standard Mortgage Corp
Source: Public Records

Range of Values:

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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
Fredrick Michael W $105,000 --
Wickham Jimmie C $75,750 --
Sec Of Hud $106,970 --
Standard Mortgage Corp $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fredrick Michael W $84,000
Previous Owner Pazmino Felipe Luis $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold -- -- --
03/25/2014 03/25/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $105,000 -- $148 / 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 $802 $12,920 $1,820 $11,100
2024 $813 $12,920 $1,820 $11,100
2023 $258 $9,000 $1,820 $7,180
2022 $258 $8,640 $1,820 $6,820
2021 $313 $9,000 $1,820 $7,180
2020 $315 $9,000 $1,820 $7,180
2019 $269 $8,640 $1,460 $7,180
2018 $273 $8,640 $1,460 $7,180
2017 $246 $8,640 $1,460 $7,180
2016 $252 $8,640 $1,460 $7,180
2015 $1,561 $10,500 $890 $9,610
2014 -- $12,210 $890 $11,320
2013 -- $10,700 $890 $9,810
Source: Public Records

Agents Affiliated with this Home

  • Peter Ingrassia

    Seller's Agent in 2014

    Peter Ingrassia

    LATTER & BLUM (LATT10)

    (504) 881-1895

    12 in this area

    66 Total Sales

    Peter Ingrassia
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Map

Source: ROAM MLS

MLS Number: 979838

APN: 7-16-5-259-75

Louisiana Orleans Parish New Orleans 70124 West End

318 Lake Marina Ave Unit 325, New Orleans, LA

This home is located at 318 Lake Marina Ave Unit 325, New Orleans, LA 70124 since 10 February 2014 and is currently estimated at $163,236, approximately $229 per square foot. This property was built in 2011. 318 Lake Marina Ave Unit 325 is a home located in Orleans Parish with nearby schools including Edward Hynes Charter School - Lakeview, Edward Hynes Charter School, and Warren Easton Senior High School.

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