NOT LISTED FOR SALE

3213 Banks St New Orleans, LA 70119

Mid-City Neighborhood

Estimated Value: $415,000 - $520,000

5 Beds
4 Baths
3,200 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 11, 2022

Current estimated payment $3,007/month

15 Days on Market

Highlights

  • Traditional Architecture
  • 5-minute walk to Canal And Lopez
  • Window Unit Cooling System
  • Balcony
  • Porch
  • 5-minute walk to Comisky Park

About This Home

As of July 2022

Wonderful 4 plex in the heart if Mid City! This property is great to owner occupy or solely as an investment property. Located on Banks and within walking distance to bars, restaurants, and schools/universities, this property is in close proximity to the bayou and the greenway!

3 of 4 units are tenant occupied on month to month lease terms. Units rented below market rates, to family friend+ long term tenants. Current total rents are $3,750/mo

Last Agent to Sell the Property

Brittany Huenecke

Engel & Völkers New Orleans License #995704970 Listed on: 05/26/2022

Engel & Völkers New Orleans

Co-Listed By

John Hendrix

Keller Williams Realty New Orleans License #995689026

Keller Williams Realty New Orleans

Last Buyer's Agent

John Hendrix

Keller Williams Realty New Orleans License #995689026

Keller Williams Realty New Orleans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,507

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 30x120
  • Fenced
  • Property is in very good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Balcony
  • Porch

Location

  • City Lot

Utilities

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

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Tax Lot 11
  • Assessor Parcel Number 701193213BanksST11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,507

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 30x120
  • Co List Office Mls Id: KEWI01
  • Co List Office Phone: (504) 862-0100
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 75
  • Year Built: 2016
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 3200.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Fence, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony, Porch
  • Property Condition: Very Good Condition, Resale
  • Roof: Slate

Garage/Parking

  • Parking Features: Driveway, One Space

Utilities

  • Laundry Features: Common Area
  • 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 #: 701193213BanksST11
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 11, 2022
Sold by
Hamilton Clark Frederick
Bought by
Whitley-Sebti Adam Yacine
Seller's Agent
Brittany Huenecke
Engel & Völkers New Orleans
Buyer's Agent
John Hendrix
Keller Williams Realty New Orleans
List Price
$499,000
Current Estimated Value
$470,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.20%
Original Mortgage
$367,500
Outstanding Balance
$349,634
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$121,214
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
Whitley-Sebti Adam Yacine $490,000 Winters Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitley-Sebti Adam Yacine $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold -- -- --
06/11/2022 06/11/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $499,000 -- $156 / 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 $6,507 $47,820 $6,640 $41,180
2024 $6,407 $47,820 $6,640 $41,180
2023 $4,008 $28,230 $5,540 $22,690
2022 $4,008 $27,100 $5,540 $21,560
2021 $4,008 $28,230 $5,540 $22,690
2020 $4,299 $28,230 $5,540 $22,690
2019 $4,341 $27,410 $2,580 $24,830
2018 $4,443 $27,410 $2,580 $24,830
2017 $3,892 $24,960 $1,850 $23,110
2016 $3,988 $24,960 $1,850 $23,110
2015 $3,911 $24,960 $1,850 $23,110
2014 -- $24,960 $1,850 $23,110
2013 -- $23,200 $2,580 $20,620
Source: Public Records

Agents Affiliated with this Home

  • Brittany Huenecke

    Seller's Agent in 2022

    Brittany Huenecke

    Engel & Völkers New Orleans

    (504) 239-8098

    2 in this area

    31 Total Sales

    Brittany Huenecke
    Section Image
  • John Hendrix

    Seller Co-Listing Agent in 2022

    John Hendrix

    Keller Williams Realty New Orleans

    (504) 202-6736

    11 in this area

    181 Total Sales

    John Hendrix
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2344202

APN: 1-05-2-055-08

Louisiana Orleans Parish New Orleans 70119 Mid-City

3213 Banks St, New Orleans, LA

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