NOT LISTED FOR SALE

4638 Magnolia St New Orleans, LA 70115

Freret Neighborhood

Estimated Value: $678,000 - $748,000

4 Beds
6 Baths
2,897 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 26, 2021

Current estimated payment $4,618/month

33 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Fenced
  • Closed Circuit Camera
  • Property is in very good condition

About This Home

As of March 2021

Come be a part of the growing neighborhood of Freret! It’s exploding! There are new restaurants, bars, grocery stores, and neighbors everywhere. Centrally located 15 mins from either park, an easy walk to all the fun of Freret St, five minutes from Magazine St. This triplex was recently appraised for $700, 000. You read that right! It’s priced to sell! Come relax on the oversized porch, marvel at our beautiful hardwood floors. This turn-key house is waiting, come and see it for yourself.

Last Agent to Sell the Property

Edward Fakier

RE/MAX Generations Listed on: 01/21/2021

Last Buyer's Agent

Britt Galloway

LATTER & BLUM (LATT07) License #000040165

LATTER & BLUM (LATT07)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,424

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 27x65
  • Fenced
  • Corner Lot
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Raised Foundation
  • Asphalt Shingled Roof
  • HardiePlank Type

Interior Spaces

  • 2,897 Sq Ft Home
  • Property has 2 Levels
  • Closed Circuit Camera
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 701154638MAGNOLIAST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,424

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 27x65
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 7
  • Year Built: 2014
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2897.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Fence
  • Foundation Details: Raised
  • Property Condition: Very Good Condition, Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: In Unit
  • Security: Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701154638MAGNOLIAST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 26, 2021
Sold by
Baudoin Marguerite Sons and Baudoin Zachary Stephen
Bought by
4638 Magnolia Llc
Seller's Agent
Edward Fakier
RE/MAX Generations
Buyer's Agent
Britt Galloway
LATTER & BLUM (LATT07)
List Price
$680,000
Sold Price
$625,000
Premium/Discount to List
-$55,000
-8.09%
Current Estimated Value
$718,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,000
Avg. Annual Appreciation
3.33%
Original Mortgage
$468,750
Outstanding Balance
$424,202
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$293,798

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 26, 2021
Sold by
Dnl Holdings Llc
Bought by
Baudoin Marguerite Sons and Baudoin Zachary Stephen
Seller's Agent
Edward Fakier
RE/MAX Generations
Buyer's Agent
Britt Galloway
LATTER & BLUM (LATT07)
List Price
$680,000
Sold Price
$625,000
Premium/Discount to List
-$55,000
-8.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Outstanding Balance
$424,202
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$293,798

Purchase Details

Listed on
Oct 4, 2016
Closed on
Oct 25, 2016
Sold by
Magnolia Holdings # 1 Llc
Bought by
Dnl Holdings Llc A Louisiana Limited Lia
Seller's Agent
Bennett Pourciau
Keller Williams Realty New Orleans
Buyer's Agent
Edward Fakier
RE/MAX Generations
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
Oct 23, 2013
Sold by
K J Diversified Inv Llc
Bought by
4638 Magnolia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.62%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
4638 Magnolia Llc -- None Available
Baudoin Marguerite Sons $625,000 Crescent Title Llc
Dnl Holdings Llc A Louisiana Limited Lia $575,000 Homestead Title Company Llc
4638 Magnolia Llc $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baudoin Marguerite Sons $468,750
Previous Owner 4638 Magnolia Llc $170,000
Previous Owner K J Diversified Investments $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold -- -- --
02/24/2021 02/24/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $680,000 0.0% $235 / Sq Ft
04/01/2019 04/01/19 Rented $2,100 -4.5% --
03/02/2019 03/02/19 Under Contract -- -- --
12/03/2018 12/03/18 For Rent $2,200 0.0% --
10/25/2016 10/25/16 Sold -- -- --
10/04/2016 10/04/16 For Sale $575,000 0.0% $200 / Sq Ft
11/19/2015 11/19/15 Rented $2,050 -14.6% --
10/20/2015 10/20/15 Under Contract -- -- --
08/31/2015 08/31/15 For Rent $2,400 -- --
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 $7,424 $56,250 $5,270 $50,980
2024 $7,537 $56,250 $5,270 $50,980
2023 $7,130 $55,630 $3,510 $52,120
2022 $7,130 $50,670 $3,510 $47,160
2021 $7,651 $53,150 $3,510 $49,640
2020 $7,727 $53,150 $3,510 $49,640
2019 $9,506 $62,920 $2,110 $60,810
2018 $9,695 $62,920 $2,110 $60,810
2017 $4,241 $28,830 $2,110 $26,720
2016 $4,388 $28,910 $1,760 $27,150
2015 $4,298 $28,910 $1,760 $27,150
2014 -- $1,760 $1,760 $0
2013 -- $1,760 $1,760 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Edward Fakier

    RE/MAX Generations

  • Britt Galloway

    Buyer's Agent in 2021

    Britt Galloway

    LATTER & BLUM (LATT07)

    (504) 250-4122

    1 in this area

    112 Total Sales

    Britt Galloway
    Section Image

  • C

    Buyer's Agent in 2019

    Christy Murphy

    Homesmart Realty South

    (985) 705-4263

    1 in this area

    36 Total Sales

    Christy Murphy
    Section Image
  • Bennett Pourciau

    Seller's Agent in 2016

    Bennett Pourciau

    Keller Williams Realty New Orleans

    (212) 814-6238

    3 Total Sales

    Bennett Pourciau
    Section Image
  • Caroline Mang

    Seller's Agent in 2015

    Caroline Mang

    LATTER & BLUM (LATT18)

    (504) 251-0385

    2 in this area

    98 Total Sales

    Caroline Mang
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2283504

APN: 6-14-3-326-07

Louisiana Orleans Parish New Orleans 70115 Freret

4638 Magnolia St, New Orleans, LA

This home is located at 4638 Magnolia St, New Orleans, LA 70115 since 21 January 2021 and is currently estimated at $718,000, approximately $247 per square foot. This property was built in 2014. 4638 Magnolia St is a home located in Orleans Parish with nearby schools including Samuel J. Green Charter School, The Willow School New Orleans, and Eleanor McMain Secondary School.

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