4071 Fairmont Dr New Orleans, LA 70122
Gentilly Terrace NeighborhoodEstimated Value: $268,399 - $279,000
3
Beds
2
Baths
1,764
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- Cottage
- Concrete Porch or Patio
- Ceiling Fan
- 3 Car Detached Garage
- Central Heating and Cooling System
- Property is in very good condition
About This Home
As of May 2024They don't make them like this anymore! Built in 1937, this Gentilly Terrace cottage sits on high ground and offers everything you love about old-school architecture and appeal. The craftsmanship is the reason this home stands the test of time!
You will be charmed by the glass doorknobs, coved ceilings, plaster walls, arched doorways, picture railings, and everything else in between! Original hardwood floors are throughout except in the kitchen. (And they may exist under that flooring!) The lavender guest bathroom is a rarity and definitely one of the more coveted colors too! Don't miss the original built-in ironing board in the former laundry room turned craft area. (Washer/dryer hookups remain in that room in case you want to move them.) Closets are cedar lined as well. Kitchen has original cabinets & gas stove. All appliances shall remain. The dining room has a gorgeous vintage light fixture that adds to the overall beauty of this cottage!
Primary suite is tucked away and includes a private bathroom (with original tiles) and a walk-in closet. Storage is not an issue in this home!
The backyard is a gardener's paradise that has been lovingly maintained. Detached garage has water and electrical run to it too.
Modern updates include a 2-year old roof and HVAC system. Transferrable flood policy in an X flood zone.
This location is convenient for enjoying time at the lake, zipping over to City Park, or hopping on the interstate. Come see what Gentilly Terrace is all about!
Last Agent to Sell the Property
Crescent City Living, LLC License #995688679 Listed on: 03/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,701
Year Built
- Built in 1937
Lot Details
- 5,998 Sq Ft Lot
- Lot Dimensions are 50 x 120
- Fenced
- Rectangular Lot
- Property is in very good condition
Parking
- 3 Car Detached Garage
Home Design
- Cottage
- Raised Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,764 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Gas Fireplace
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Concrete Porch or Patio
- City Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 38W308054
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2013
Closed on
May 16, 2014
Sold by
Schnyder Elijah
Bought by
Kennedy Wendy A
Seller's Agent
Kaya Marsalis
Nationwide Real Estate Corp.
Buyer's Agent
Terri Babineaux
KELLER WILLIAMS REALTY 504-207-2007
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Total Days on Market
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,600
Avg. Annual Appreciation
6.20%
Original Mortgage
$68,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2002
Sold by
Scheynider Cherie
Bought by
American Escrow And Closing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.05%
Purchase Details
Closed on
Dec 4, 2002
Sold by
American Escrow & Closing
Bought by
Schnyder Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.05%
Similar Homes in New Orleans, LA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kennedy Wendy A | $140,000 | -- | |
| American Escrow And Closing | $137,000 | -- | |
| Schnyder Margaret | $137,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bishop Pamala L | $274,025 | |
| Closed | Kennedy Wendy A | $68,000 | |
| Previous Owner | Schnyder Margaret | $121,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | -- | -- | -- |
| 03/08/2024 03/08/24 | For Sale | $285,000 | +111.1% | $162 / Sq Ft |
| 05/16/2014 05/16/14 | Sold | -- | -- | -- |
| 04/16/2014 04/16/14 | Pending | -- | -- | -- |
| 08/28/2013 08/28/13 | For Sale | $135,000 | -- | $90 / Sq Ft |
Source: ROAM MLS
Tax History Compared to Growth
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 | $1,701 | $24,860 | $4,800 | $20,060 |
| 2024 | $1,875 | $20,850 | $4,800 | $16,050 |
| 2023 | $1,011 | $14,600 | $2,400 | $12,200 |
| 2022 | $1,011 | $13,990 | $2,400 | $11,590 |
| 2021 | $1,119 | $14,600 | $2,400 | $12,200 |
| 2020 | $1,130 | $14,600 | $2,400 | $12,200 |
| 2019 | $1,079 | $14,000 | $1,800 | $12,200 |
| 2018 | $1,099 | $14,000 | $1,800 | $12,200 |
| 2017 | $1,035 | $14,000 | $1,800 | $12,200 |
| 2016 | $1,065 | $14,000 | $1,800 | $12,200 |
| 2015 | $2,081 | $14,000 | $1,800 | $12,200 |
| 2014 | -- | $12,400 | $1,800 | $10,600 |
| 2013 | -- | $12,400 | $1,800 | $10,600 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Heindel
Seller's Agent in 2024
Leslie Heindel
Crescent City Living, LLC
(504) 975-4252
7 in this area
345 Total Sales
-
Heather Shields
Seller Co-Listing Agent in 2024
Heather Shields
Crescent City Living, LLC
(504) 450-9672
6 in this area
249 Total Sales
-
RUSTY HARRIS
Buyer's Agent in 2024
RUSTY HARRIS
Engel & Völkers New Orleans
1 in this area
20 Total Sales
-
Kaya Marsalis
K
Seller's Agent in 2014
Kaya Marsalis
Nationwide Real Estate Corp.
(504) 729-0831
-
Terri Babineaux
T
Buyer's Agent in 2014
Terri Babineaux
KELLER WILLIAMS REALTY 504-207-2007
(504) 362-1823
42 Total Sales
Map
Source: ROAM MLS
MLS Number: 2437894
APN: 3-8W-3-080-54
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