NOT LISTED FOR SALE

401 Elmira Ave New Orleans, LA 70114

Algiers Point Neighborhood

Estimated Value: $556,000 - $589,000

5 Beds
4.5 Baths
3,855 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 26, 2021

Current estimated payment $3,588/month

26 Days on Market

Highlights

  • Victorian Architecture
  • Courtyard
  • Central Heating and Cooling System
  • Corner Lot
  • Laundry Room
  • 5-minute walk to McDonogh Memorial Park

About This Home

As of February 2021

This is an investor or large family dream. Have you ever dreamed of having your family together under one roof but yet still have your own privacy here is your chance. Have you ever dreamed of owning your own investment property, well here is your chance. Don't let this grand opportunity pass you buy. This property won't be on the market long. Give yourself the greatest accomplishment ever own your own investment property. Come make your dreams come true this is your new home. Your new investment property.

Last Agent to Sell the Property

Al Alleyne

Gulf South International, REALTORS, LLC License #995692700 Listed on: 12/31/2020

Co-Listed By

Theresa Johns

Gulf South International, REALTORS, LLC License #000032413

Last Buyer's Agent

Lauren LaPorte Richmond

RE/MAX N.O. Properties License #995685101

RE/MAX N.O. Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1890

Lot Details

  • 3,842 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Historic Home
  • Property is in excellent condition

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Victorian Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,855 Sq Ft Home
  • Property has 2 Levels
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Courtyard
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Tax Lot 26
  • Assessor Parcel Number 70114401ElmiraAV26

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,429

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0882
  • Lot Size: 3616
  • Co List Office Mls Id: GSIR01
  • Co List Office Phone: (504) 355-9900
  • Directions: Take Atlantic Ave to Alix St then to Elmira Ave
  • Architectural Style: Victorian, Historic/Antique
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 100
  • Year Built: 1890
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 3855.0

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Courtyard, Fence
  • Foundation Details: Slab
  • Property Condition: Excellent, Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70114401ElmiraAV26
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Feb 26, 2021
Sold by
Warrington Zachary Jase
Bought by
Thompson Gwyneth
Seller's Agent
Al Alleyne
Gulf South International, REALTORS, LLC
Buyer's Agent
Lauren LaPorte Richmond
RE/MAX N.O. Properties
List Price
$557,000
Current Estimated Value
$575,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$382,500
Outstanding Balance
$345,986
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$229,681

Purchase Details

Listed on
Jun 26, 2018
Closed on
May 17, 2019
Sold by
Larsen Henry A
Bought by
Warrington Zachary Jase
Seller's Agent
Michael Verderosa
LATTER & BLUM (LATT09)
Buyer's Agent
Al Alleyne
Gulf South International, REALTORS, LLC
List Price
$474,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$427,121
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Poa Jeffrey P Brousard
Bought by
Larsen Henrik A
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
Thompson Gwyneth $510,000 Title Stream Llc
Warrington Zachary Jase $435,000 Supreme Title Of La Inc
Larsen Henrik A $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Gwyneth $382,500
Previous Owner Warrington Zachary Jase $25,421
Previous Owner Warrington Zachary Jase $427,121
Previous Owner Larsen Henrik $250,000
Previous Owner Larsen Henrik A $242,600
Previous Owner Brousard Jeffrey P $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold -- -- --
01/27/2021 01/27/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $557,000 +17.3% $144 / Sq Ft
05/17/2019 05/17/19 Sold -- -- --
04/17/2019 04/17/19 Pending -- -- --
06/26/2018 06/26/18 For Sale $474,900 -- $124 / 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 $5,429 $47,970 $4,990 $42,980
2024 $6,428 $47,970 $4,990 $42,980
2023 $4,462 $47,430 $4,220 $43,210
2022 $4,462 $45,270 $4,220 $41,050
2021 $5,678 $39,150 $4,220 $34,930
2020 $5,734 $39,150 $4,220 $34,930
2019 $4,686 $37,820 $4,220 $33,600
2018 $4,777 $37,820 $4,220 $33,600
2017 $4,548 $37,820 $4,220 $33,600
2016 $3,313 $29,700 $2,690 $27,010
2015 $3,399 $29,700 $2,690 $27,010
2014 -- $29,700 $2,690 $27,010
2013 -- $33,000 $2,690 $30,310
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Al Alleyne

    Gulf South International, REALTORS, LLC

    (504) 319-1534

    1 in this area

    12 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Theresa Johns

    Gulf South International, REALTORS, LLC

    (504) 460-2637

    1 in this area

    16 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Lauren LaPorte Richmond

    RE/MAX

    (504) 931-0095

    1 in this area

    56 Total Sales

    Section Image
  • Michael Verderosa

    Seller's Agent in 2019

    Michael Verderosa

    LATTER & BLUM (LATT09)

    (504) 948-3011

    69 in this area

    190 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2280458

APN: 5-13-1-077-20

Louisiana Orleans Parish New Orleans 70114 Algiers Point

401 Elmira Ave, New Orleans, LA

This home is located at 401 Elmira Ave, New Orleans, LA 70114 since 31 December 2020 and is currently estimated at $575,667, approximately $149 per square foot. This property was built in 1890. 401 Elmira Ave is a home located in Orleans Parish with nearby schools including Martin Behrman Charter School Academy of Creative Arts and Sciences, McDonogh #32 Literacy Charter School, and Harriet Tubman Charter School.

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