NOT LISTED FOR SALE

4025 Magazine St New Orleans, LA 70115

Milan Neighborhood

Estimated Value: $998,726

-- Bed
-- Bath
1,900 Sq Ft
$526/Sq Ft Est. Value

Last Sold April 23, 2012

Current estimated payment $6,273/month

151 Days on Market

About This Home

As of April 2012

PRIME MAGAZINE ST RETAIL SITE! Excellent visibility, open floorplan, 1450 sq ft includes 1/2 bath at rear. Presently occupied by WF Uniforms, and it is their space that is available; an attached rear apartment complements the footprint of the building but is not included. 1 meter for everything so utils will be split accordingly.

Last Agent to Sell the Property

Bryan Francher & Leslie Perrin

LATTER & BLUM (LATT28) License #000040680 Listed on: 10/24/2011

LATTER & BLUM (LATT28)

Last Buyer's Agent

Jean-Paul Villere

Villere Realty, LLC License #912122398

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,973

Lot Details

  • Lot Dimensions are 30 x 120
  • Zoning described as B1-A

Home Design

  • 1,900 Sq Ft Home
  • Wood Siding
  • Stucco

Location

  • City Lot

Listing and Financial Details

  • Tenant pays for all utilities, insurance, janitorial service, taxes
  • Assessor Parcel Number 701154025MAGAZINEST

Property Details

Property Type

Other

Est. Annual Taxes

$9,973

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 30 X 120
  • Structure Type: Retail
  • Year Built Details: 90
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 1900.0

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Stucco, Wood Siding

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701154025MAGAZINEST
  • Zoning Description: B1-A
  • Zoning: B1-A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2011
Closed on
Apr 23, 2012
Sold by
Sun Mei H
Bought by
The Working Feet Llc
Seller's Agent
Bryan Francher & Leslie Perrin
LATTER & BLUM (LATT28)
Buyer's Agent
Jean-Paul Villere
Villere Realty, LLC
List Price
$425,000
Current Estimated Value
$998,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$309,250
Outstanding Balance
$215,224
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$783,502

Purchase Details

Closed on
Apr 26, 2010
Sold by
Wang Xufan
Bought by
Sun Mei Hue

Purchase Details

Closed on
Aug 4, 2005
Sold by
Thompson Richard W
Bought by
Wang Xufan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
5.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2004
Sold by
Thompson Richard
Bought by
Griffin Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.76%
Mortgage Type
Commercial
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
The Working Feet Llc $386,900 --
Sun Mei Hue $200,000 --
Wang Xufan $290,000 --
Griffin Phillip $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Working Feet Llc $309,250
Previous Owner Wang Xufan $50,000
Previous Owner Wang Xufan $214,600
Previous Owner Griffin Phillip $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Rented $3,800 -24.0% --
06/01/2019 06/01/19 Under Contract -- -- --
10/24/2018 10/24/18 For Rent $5,000 0.0% --
04/23/2012 04/23/12 Sold -- -- --
03/24/2012 03/24/12 Pending -- -- --
10/24/2011 10/24/11 For Sale $425,000 -- $224 / 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 $9,973 $71,700 $16,200 $55,500
2024 $10,116 $71,700 $16,200 $55,500
2023 $9,351 $74,930 $12,600 $62,330
2022 $9,351 $63,090 $12,600 $50,490
2021 $8,422 $55,610 $12,600 $43,010
2020 $11,530 $74,930 $12,600 $62,330
2019 $7,817 $51,740 $12,600 $39,140
2018 $8,308 $51,740 $12,600 $39,140
2017 $8,016 $51,740 $12,600 $39,140
2016 $8,257 $51,740 $12,600 $39,140
2015 $8,518 $54,440 $7,200 $47,240
2014 -- $54,440 $7,200 $47,240
2013 -- $54,440 $7,200 $47,240
Source: Public Records

Agents Affiliated with this Home

  • Jean-Paul Villere

    Seller's Agent in 2019

    Jean-Paul Villere

    Villere Realty, LLC

    (504) 818-6032

    4 Total Sales

    Jean-Paul Villere
    Section Image

  • N

    Buyer's Agent in 2019

    NON MEMBER

    NON-MLS MEMBER

See All Agents

Map

Source: ROAM MLS

MLS Number: 893640

APN: 6-14-2-010-04

Louisiana Orleans Parish New Orleans 70115 Milan

4025 Magazine St, New Orleans, LA

This home is located at 4025 Magazine St, New Orleans, LA 70115 since 24 October 2011 and is currently estimated at $998,726, approximately $525 per square foot. 4025 Magazine St is a home located in Orleans Parish with nearby schools including Benjamin Franklin Middle School, Sophie B. Wright Institute of Academic Excellence, and Rooted School.

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