NOT LISTED FOR SALE

3208 Palmyra St New Orleans, LA 70119

Mid-City Neighborhood

Estimated Value: $406,000 - $610,143

4 Beds
4 Baths
3,200 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 22, 2016

Current estimated payment $2,905/month

5 Days on Market

Highlights

  • Arts and Crafts Architecture
  • 3-minute walk to Canal And Lopez
  • Wood Siding
  • Porch
  • Property is in very good condition

About This Home

As of April 2016

A Mid- City 4-plex in a very convenient location, just 2 blocks off Canal Street and 2 blocks off of N Jeff David. A good investment for someone that wants an up and coming area with stable tenants.
The building is in good repair and has been updated each time there is a vacancy. Only one vacancy in the last 3 years.

Last Agent to Sell the Property

Sandra McGee

Riverside Realty, Inc. License #NOM:000023797 Listed on: 03/14/2016

Last Buyer's Agent

Nicholas Galiano

Galiano Realty License #NOM:995681036

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,461

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • Lot Dimensions are 52 x 114
  • Property is in very good condition

Home Design

  • Quadruplex
  • Arts and Crafts Architecture
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Internet Available

Additional Features

  • Porch
  • Outside City Limits

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 701193208PALMYRAST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,461

Year Built

Built in 2008 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Arts and Crafts
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: Lot 3, & Lot A, Sq 660 1st District
  • Lp Amt Sq Ft: 135.94
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Year Renovated: 2008
  • Age: 80
  • Age Description: Resale
  • Age Description 2: Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2008

Interior Features

  • Estimated Living Area: 3200
  • Total Sq Ft: 3200

Exterior Features

  • Pool Type: None
  • Exterior: Frame, Wood Siding
  • ExteriorFeatures: Porch
  • Foundation: Raised
  • Roof Type: Seal Tab

Garage/Parking

  • Car Storage: One, Driveway Only, None
  • Internet: Yes

Utilities

  • Air Conditioner: Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Heat Pump
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 52 X 114
  • Parcel #: 701193208PALMYRAST

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Units: 4
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Silvers Rachel and Galiano Nicholas Basil
Bought by
Silviano Properties Llc A Louisiana Limi
Current Estimated Value
$468,036

Purchase Details

Listed on
Mar 14, 2016
Closed on
Apr 22, 2016
Sold by
Gorman Thomas
Bought by
Galiano Nicholas Basil
Seller's Agent
Sandra McGee
Riverside Realty, Inc.
Buyer's Agent
Nicholas Galiano
Galiano Realty
List Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%
Original Mortgage
$315,000
Interest Rate
3.68%
Mortgage Type
New Conventional
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
Silviano Properties Llc A Louisiana Limi -- None Available
Galiano Nicholas Basil $420,000 Title Source Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galiano Nicholas Basil $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold -- -- --
03/19/2016 03/19/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $435,000 -- $136 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $5,461 $39,900 $4,890 $35,010
2024 $5,346 $39,900 $4,890 $35,010
2023 $5,276 $37,800 $4,080 $33,720
2022 $5,276 $36,110 $4,080 $32,030
2021 $5,636 $37,800 $4,080 $33,720
2020 $5,690 $37,800 $4,080 $33,720
2019 $4,273 $26,960 $1,900 $25,060
2018 $4,374 $26,960 $1,900 $25,060
2017 $3,961 $25,430 $1,360 $24,070
2016 $4,060 $25,430 $1,360 $24,070
2015 $3,981 $25,430 $1,360 $24,070
2014 -- $25,430 $1,360 $24,070
2013 -- $20,900 $1,680 $19,220
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sandra McGee

    Riverside Realty, Inc.

    18 Total Sales

    Sandra McGee
    Section Image
  • Nicholas Galiano

    Buyer's Agent in 2016

    Nicholas Galiano

    Galiano Realty

    (504) 256-6311

    11 Total Sales

    Nicholas Galiano
    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2049418

Gulf South Real Estate Information Network

APN: 1-05-2-055-23

Louisiana Orleans Parish New Orleans 70119 Mid-City

3208 Palmyra St, New Orleans, LA

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