NOT LISTED FOR SALE

5 Palm Terrace None New Orleans, LA 70115

Milan Neighborhood

Estimated Value: $679,000 - $868,000

3 Beds
2 Baths
1,690 Sq Ft
$467/Sq Ft Est. Value

Last Sold January 15, 2021

Current estimated payment $5,075/month

2 Days on Market

Highlights

  • Spanish Architecture
  • 1-minute walk to St Charles And Milan
  • Wet Bar
  • Stainless Steel Appliances
  • Porch
  • Stamped Concrete Patio

About This Home

As of January 2021

The homes on Palm Terrace are as unique as New Orleans! There were originally 12 homes designed by architect William E. Spink on this special street & now there are only 10 left. Enjoy the conveniences of a fully renovated home and open floor plan without sacrificing NOLA charm. Steps from St. Charles Ave & street car line, walking distance to shops and restaurants in every direction including The Chloe, Martin’s, The Columns & so much more! These properties don’t come on the market often, so don’t miss it!

Last Agent to Sell the Property

Janis Groetsch

RE/MAX N.O. Properties License #NOM:995694128 Listed on: 12/29/2020

RE/MAX N.O. Properties

Last Buyer's Agent

Bonnie Buras

CBTEC BELLE CHASSE License #NOM:000052386

CBTEC BELLE CHASSE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,445

Year Built

  • Built in 2020 | Remodeled

Lot Details

  • Lot Dimensions are 48 x 65
  • Irregular Lot
  • Historic Home
  • Property is in excellent condition

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Window Screens
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Stamped Concrete Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Internet Available

Additional Features

  • No Carpet
  • Outside City Limits

Listing and Financial Details

  • Assessor Parcel Number 701155PALMTERRACENO

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,445

Year Built

Built in 2020 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family - Detached
  • Style: Spanish
  • Condition: Excellent
  • ADA Features: No
  • Additional Features: Carbon Monoxide Detector, Ceiling Fan, No Carpet, Smoke Alarm, Stainless Steel Appliances, Washer/Dryer Hookups, Wet Bar
  • Lp Amt Sq Ft: 452.66
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Total Area: 1958
  • Year Renovated: 2020
  • Age: 100
  • Age Description: Resale
  • Age Description 2: Historical, Remodeled structural changes - all major mechanical systems i.e. HVAC
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2020

Interior Features

  • Fireplace: Gas
  • Appliance Include: Disposal, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Wine Cooler
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Estimated Living Area: 1690
  • Total Bathrooms: 2.00
  • Total Sq Ft: 1690

Exterior Features

  • Pool Type: None
  • Exterior: Stucco
  • ExteriorFeatures: Porch, Window Screens
  • Foundation: Slab
  • Patio: Concrete
  • Roof Type: Flat, Other

Garage/Parking

  • Car Storage: Driveway Only, Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: Natural
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Condo/Co-op/Association

  • Home Owner Fee: No

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Irregular
  • Lot Size: 48 x 65
  • Parcel #: 701155PALMTERRACENO

Green Features

  • Energy Efficient Features: Insulation, Windows
  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jan 15, 2021
Sold by
76 Ventures Llc
Bought by
Buras Rennie S
Seller's Agent
Janis Groetsch
RE/MAX N.O. Properties
Buyer's Agent
Bonnie Buras
CBTEC BELLE CHASSE
List Price
$765,000
Current Estimated Value
$788,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Sep 7, 2018
Sold by
Killam Susan Grace
Bought by
76 Ventures Llc
Source: Public Records

Range of Values:

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Average Value
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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
Buras Rennie S $769,000 Metro Title Group Llc
76 Ventures Llc $305,000 Gulf Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Killam Susan Grace $152,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold -- -- --
12/31/2020 12/31/20 Pending -- -- --
12/29/2020 12/29/20 For Sale $765,000 -- $453 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $9,445 $71,560 $10,920 $60,640
2024 $9,588 $71,560 $10,920 $60,640
2023 $9,204 $68,440 $7,800 $60,640
2022 $9,204 $65,410 $7,800 $57,610
2021 $4,755 $33,030 $7,800 $25,230
2020 $2,224 $15,300 $7,800 $7,500
2019 $4,774 $31,600 $7,800 $23,800
2018 $4,869 $31,600 $7,800 $23,800
2017 $4,649 $31,600 $7,800 $23,800
2016 $3,913 $25,780 $6,240 $19,540
2015 $3,833 $25,780 $6,240 $19,540
2014 -- $25,780 $6,240 $19,540
2013 -- $25,780 $6,240 $19,540
Source: Public Records

Agents Affiliated with this Home

  • Janis Groetsch

    Seller's Agent in 2021

    Janis Groetsch

    RE/MAX

    (504) 495-6078

    2 in this area

    10 Total Sales

    Janis Groetsch
    Section Image
  • Bonnie Buras

    Buyer's Agent in 2021

    Bonnie Buras

    CBTEC BELLE CHASSE

    (504) 392-0022

    2 in this area

    474 Total Sales

    Bonnie Buras
    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2280381

Gulf South Real Estate Information Network

APN: 6-14-3-008-12

Louisiana Orleans Parish New Orleans 70115 Milan

5 Palm Terrace None, New Orleans, LA

This home is located at 5 Palm Terrace None, New Orleans, LA 70115 since 29 December 2020 and is currently estimated at $788,486, approximately $466 per square foot. This property was built in 2020. 5 Palm Terrace None is a home located in Orleans Parish with nearby schools including Sophie B. Wright Institute of Academic Excellence, Rooted School, and Rooted School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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