NOT LISTED FOR SALE

Estimated Value: $523,230

-- Bed
-- Bath
1,077 Sq Ft
$486/Sq Ft Est. Value

Highlights

  • Corner Lot
  • Courtyard
  • Public Transportation
  • Wet Bar
  • Wood Patio
  • 3-minute walk to Easton Park

About This Home

As of September 2023

Visible hard corner in Mid City on Orleans Ave near Bayou St. John with 11,737 Avg Daily Vehicles. Extremely supportive neighborhood for local business. Building is open concept w/ 12' ceilings and great natural light. Zoning allows commercial uses including art gallery, specialty restaurant, office, retail, and personal services. 5KW of solar reduces electrical bills to tenant. Rentable space has built out wet wall with drains, grease trap, and ADA ramps. New roof and 10 tons or new air conditioning being installed. Tenant responsible for CAM and NNN fees to include UIT, paying a pro-rated percent of the insurance and taxes. Water is split with other tenant, 50/50.

Last Agent to Rent the Property

Jared Zeller

Keller Williams Realty New Orleans License #995691614 Listed on: 06/21/2023

Keller Williams Realty New Orleans

Last Renter's Agent

Elizabeth Novit

RE/MAX Commercial Brokers,Inc. License #995705117

RE/MAX Commercial Brokers,Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,907

Year Built

  • Built in 2023

Lot Details

  • 3,690 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Rectangular Lot
  • Property is in excellent condition
  • Zoning described as NNN

Home Design

  • Wood Siding
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 1,077 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Closed Circuit Camera

Outdoor Features

  • Courtyard
  • Wood Patio

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • Accessibility Features
  • City Lot

Community Details

  • Public Transportation

Listing and Financial Details

  • Security Deposit $8,400
  • Tenant pays for all utilities, insurance, janitorial service, taxes
  • Assessor Parcel Number 701193201OrleansAV

Property Details

Property Type

Other

Est. Annual Taxes

$4,907

Year Built

Built in 2023

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes
  • Security Deposit: 8400.0

Listing Details

  • Property Sub Type: Business
  • Prop. Type: Commercial Lease
  • Business Type: Restaurant
  • Lot Size Acres: 0.0847
  • Directions: Corner of N. Rendon St. and Orleans Ave.
  • Year Built Details: 3
  • Year Built: 2023
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Business,Retail,Other
  • Special Features: NewHome
  • Year Built: 2023

Interior Features

  • Accessibility Features: Accessibility Features
  • Interior Amenities: Wet Bar, High Speed Internet
  • Living Area: 1077.0
  • Stories: 1
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Corner Lot, City Lot, Rectangular Lot
  • Construction Type: HardiPlank Type, Stucco, Wood Siding
  • Exterior Features: Courtyard, Fence, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Excellent

Garage/Parking

  • Parking Features: None

Utilities

  • Security: Closed Circuit Camera(s)
  • 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: Public Transportation

Lot Info

  • Parcel #: 701193201OrleansAV
  • Zoning Description: NNN
  • Zoning: NNN
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 1077.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2018
Sold by
Bibleway Missionary Baptist Church A Lou
Bought by
3201 Orleans Ave Llc A Louisiana Limited
Current Estimated Value
$523,230
Source: Public Records

Range of Values:

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Average Value
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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
3201 Orleans Ave Llc A Louisiana Limited $350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3201 Orleans Ave Llc $48,700
Open Zeller Jared $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Rented $2,800 0.0% --
08/15/2023 08/15/23 Under Contract -- -- --
06/21/2023 06/21/23 For Rent $2,800 +4.0% --
11/07/2022 11/07/22 Rented $2,693 -0.3% --
10/08/2022 10/08/22 Under Contract -- -- --
09/06/2022 09/06/22 For Rent $2,700 +25.3% --
06/22/2019 06/22/19 Rented $2,154 0.0% --
05/23/2019 05/23/19 Under Contract -- -- --
04/30/2019 04/30/19 For Rent $2,154 -- --
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 $4,907 $37,180 $6,640 $30,540
2024 $4,982 $37,180 $6,640 $30,540
2023 $3,387 $35,900 $5,540 $30,360
2022 $3,387 $24,070 $5,540 $18,530
2021 $3,387 $35,900 $5,540 $30,360
2020 $5,219 $35,900 $5,540 $30,360
2019 $2,469 $16,340 $3,320 $13,020
2018 $0 $16,340 $3,320 $13,020
2017 -- $16,340 $3,320 $13,020
2016 -- $16,340 $3,320 $13,020
2015 -- $16,340 $3,320 $13,020
2014 -- $12,000 $3,320 $8,680
2013 -- $12,000 $3,320 $8,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2400546

APN: 2-07-2-038-12