NOT LISTED FOR SALE

4828 Banks St New Orleans, LA 70119

Mid-City Neighborhood

Estimated Value: $319,993 - $530,000

4 Beds
4 Baths
2,600 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 14, 2015

Current estimated payment $2,659/month

13 Days on Market

Highlights

  • Window Unit Cooling System
  • Rectangular Lot
  • 3-minute walk to St Patrick Playground

About This Home

As of October 2015

Investors Special! 4 Plex in quiet part of mid-city at the very end of Banks St. Awesome income potential with 4 one bedroom units. Currently, the income when fully rented is 2450 a month.

Last Agent to Sell the Property

KIM ARNOLD

KELLER WILLIAMS REALTY 455-0100 License #000058053 Listed on: 08/31/2015

KELLER WILLIAMS REALTY 455-0100

Last Buyer's Agent

SUSAN SAWYER

Revolution Realty License #912124369

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,110

Lot Details

  • Lot Dimensions are 32x120
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • City Lot
  • Window Unit Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 701194828BANKSST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,110

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 32X120
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 100
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2600.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Other
  • Foundation Details: Other
  • Property Condition: Average Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701194828BANKSST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2015
Closed on
Oct 14, 2015
Sold by
Hillmann Joseph C
Bought by
Flynn Georgia Aline and Poche Christopher William
Seller's Agent
KIM ARNOLD
KELLER WILLIAMS REALTY 455-0100
Buyer's Agent
SUSAN SAWYER
Revolution Realty
List Price
$219,000
Current Estimated Value
$410,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Lappin John W
Bought by
Hillmann Joseph C and Hillmann,Ann Mari B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,056
Interest Rate
18%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Flynn Georgia Aline $219,000 None Available
Hillmann Joseph C $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hillmann Joseph C $183,056
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2015 10/14/15 Sold -- -- --
09/14/2015 09/14/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $219,000 -- $84 / 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 $5,110 $37,240 $6,480 $30,760
2024 $4,990 $37,240 $6,480 $30,760
2023 $5,002 $35,670 $5,400 $30,270
2022 $5,002 $34,160 $5,400 $28,760
2021 $5,330 $35,670 $5,400 $30,270
2020 $5,381 $35,670 $5,400 $30,270
2019 $5,432 $34,630 $3,240 $31,390
2018 $5,556 $34,630 $3,240 $31,390
2017 $3,721 $23,800 $1,800 $22,000
2016 $3,812 $23,800 $1,800 $22,000
2015 $3,738 $23,800 $1,800 $22,000
2014 -- $23,800 $1,800 $22,000
2013 -- $15,000 $2,520 $12,480
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    KIM ARNOLD

    KELLER WILLIAMS REALTY 455-0100

    (504) 455-0100

    2 in this area

    47 Total Sales

    KIM ARNOLD
    Section Image

  • S

    Buyer's Agent in 2015

    SUSAN SAWYER

    Revolution Realty

    (504) 416-0368

    3 in this area

    43 Total Sales

    SUSAN SAWYER
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2025320

APN: 1-05-3-100-14

Louisiana Orleans Parish New Orleans 70119 Mid-City

4828 Banks St, New Orleans, LA

This home is located at 4828 Banks St, New Orleans, LA 70119 since 31 August 2015 and is currently estimated at $410,498, approximately $157 per square foot. 4828 Banks St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Mary Bethune Elementary School, and Success Preparatory Academy.

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