NOT LISTED FOR SALE

Estimated Value: $2,072,341

6 Beds
2 Baths
4,324 Sq Ft
$479/Sq Ft Est. Value

Last Sold April 24, 2017

Current estimated payment $12,260/month

35 Days on Market

Highlights

  • Oversized Lot
  • Wood Siding
  • Historic Home

About This Home

As of April 2017

Fantastic opportunity in the heart of Bywater to own a magnificent 9-bedroom, 9-bath tremendously successful B&B, with spectacular in-ground pool, lush tropical courtyard, and an outdoor cabana/bar! Off-street parking for 5+ cars! Major upgrades in 2011, including new roof. Established wedding venue that can accommodate up to 150 people booked into 2018. Extraordinary repeat customer base with ~$300,000 annual revenue. Earned Trip Advisor's Travelers Choice Award and named the 24th best B&B in the nation!

Last Agent to Sell the Property

Michael Verderosa

LATTER & BLUM (LATT09) License #000069208 Listed on: 02/17/2017

LATTER & BLUM (LATT09)

Last Buyer's Agent

Clint LaCour

REVE, REALTORS License #000078050

REVE, REALTORS

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,968

Year Built

  • Built in 1860

Lot Details

  • Lot Dimensions are 88x128
  • Oversized Lot
  • Historic Home
  • The community has rules related to zoning restrictions
  • Zoning described as HMR-3

Home Design

  • Wood Siding

Interior Spaces

  • 4,324 Sq Ft Home
  • Property has 2 Levels
  • Living Quarters

Parking

  • 3 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 701173820BURGUNDYST

Property Details

Property Type

Other

Est. Annual Taxes

$10,968

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 88x128
  • Architectural Style: Historic/Antique
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Other
  • Year Built Details: 157
  • Year Built: 1860
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 1860

Interior Features

  • Living Area: 4324.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Construction Type: Wood Siding
  • Other Structures: Living Quarters
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Parking Lot, Three or more Spaces

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701173820BURGUNDYST
  • Zoning Description: HMR-3
  • Zoning: HMR-3
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Apr 25, 2017
Sold by
Framan Hospitality Llc A Louisiana Limit
Bought by
Brownlow Lauren N and Henry Daniel J
Seller's Agent
Michael Verderosa
LATTER & BLUM (LATT09)
Buyer's Agent
Clint LaCour
REVE, REALTORS
List Price
$1,300,000
Current Estimated Value
$2,072,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%

Purchase Details

Listed on
Nov 3, 2011
Closed on
Jan 12, 2012
Sold by
Penton Loren J
Bought by
Framan Hospitality Llc
Seller's Agent
Chris Smith
Keller Williams Realty New Orleans
Buyer's Agent
Karen Prieur
RE/MAX N.O. Properties
List Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$615,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2010
Sold by
Greenwood Monique
Bought by
Penton Loren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.97%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Succ Of John Gregory Mahe
Bought by
Pouge Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Interest Rate
5.66%
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
Brownlow Lauren N $1,003,000 None Available
Framan Hospitality Llc $769,000 --
Penton Loren $490,000 --
Pouge Monique $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Framan Hospitality Llc $615,000
Previous Owner Penton Loren James $76,000
Previous Owner Penton Loren $392,000
Previous Owner Pouge Monique $257,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold -- -- --
03/25/2017 03/25/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $1,300,000 +62.7% $301 / Sq Ft
01/12/2012 01/12/12 Sold -- -- --
12/13/2011 12/13/11 Pending -- -- --
11/03/2011 11/03/11 For Sale $799,000 -- $179 / 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 $10,968 $89,940 $33,790 $56,150
2024 $11,132 $89,940 $33,790 $56,150
2023 $8,885 $90,270 $22,530 $67,740
2022 $8,885 $69,950 $22,530 $47,420
2021 $8,209 $63,850 $22,530 $41,320
2020 $12,130 $90,270 $22,530 $67,740
2019 $8,375 $62,290 $19,480 $42,810
2018 $9,598 $62,290 $19,480 $42,810
2017 $10,182 $69,210 $21,400 $47,810
2016 $10,505 $69,210 $21,400 $47,810
2015 $10,289 $69,210 $5,630 $63,580
2014 -- $69,210 $5,630 $63,580
2013 -- $69,210 $5,630 $63,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2092051

APN: 3-9W-1-129-11