$100,000
SOLD NOV 5, 2020
Last list price

5101 Elysian Fields Ave New Orleans, LA 70122

Gentilly Terrace Neighborhood
0.14 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

40 Days on Market

About This Lot

As of February 2022

Beautiful Corner Lot in Gentilly Terrace. Build your Dream Home just steps from the Lakefront, UNO and quick access to I-10/6-10 and Downtown New Orleans.

Last Agent to Sell the Property

GiGi Burk

Burk Brokerage, LLC License #000051897

Last Buyer's Agent

GiGi Burk

Burk Brokerage, LLC License #000051897

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $598

Lot Details

  • Lot Dimensions are 50 x 120
  • Corner Lot
  • Rectangular Lot

Additional Features

  • City Lot
  • Phone Available

Community Details

  • Gentilly Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 1,2 / 5101
  • Assessor Parcel Number 701225101ElysianFieldsAV

Property Details

Property Type

Land

Est. Annual Taxes

$598

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size: 50 x 120
  • Road Surface Type: Paved
  • Subdivision Name: Gentilly Terrace
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, City Lot, Rectangular Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Residential
  • Parcel #: 701225101ElysianFieldsAV
  • Zoning Description: RES
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 5101
  • Tax Lot: 1,2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Feb 17, 2022
Sold by
Morris Property Group Llc
Bought by
Scott Corey L
Seller's Agent
Lionel Nelson
Land Home REALTORS
Buyer's Agent
Lionel Nelson
Land Home REALTORS
List Price
$659,000
Sold Price
$590,000
Premium/Discount to List
-$69,000
-10.47%
Total Days on Market
40
Current Estimated Value
$559,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,260
Avg. Annual Appreciation
-1.60%
Original Mortgage
$590,000
Outstanding Balance
$553,039
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$6,701

Purchase Details

Listed on
Mar 2, 2021
Closed on
Feb 16, 2022
Sold by
Morris Property Group Llc
Bought by
Scott Corey L
Seller's Agent
Lionel Nelson
Land Home REALTORS
Buyer's Agent
Lionel Nelson
Land Home REALTORS
List Price
$659,000
Sold Price
$590,000
Premium/Discount to List
-$69,000
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Outstanding Balance
$553,039
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$6,701

Purchase Details

Listed on
Mar 2, 2021
Closed on
Feb 15, 2022
Sold by
Morris Property Group Llc
Bought by
Scott Corey L
Seller's Agent
Lionel Nelson
Land Home REALTORS
Buyer's Agent
Lionel Nelson
Land Home REALTORS
List Price
$659,000
Sold Price
$590,000
Premium/Discount to List
-$69,000
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Outstanding Balance
$553,039
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$6,701

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 5, 2020
Sold by
Adams Barbara E
Bought by
Morris Property Group Llc
Seller's Agent
GiGi Burk
Burk Brokerage, LLC
Buyer's Agent
GiGi Burk
Burk Brokerage, LLC
List Price
$100,000
Sold Price
$106,500
Premium/Discount to List
$6,500
6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
280.94%
Original Mortgage
$305,200
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Map

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 Type Sale Price Title Company
Bargain Sale Deed -- Metro Title
Bargain Sale Deed $590,000 Metro Title
Bargain Sale Deed -- Metro Title
Deed $106,500 Bayou Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $590,000 New Conventional
Closed $590,000 New Conventional
Closed $590,000 New Conventional
Previous Owner $305,200 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold -- -- --
01/16/2022 01/16/22 Pending -- -- --
03/02/2021 03/02/21 For Sale $659,000 +559.0% $221 / Sq Ft
11/05/2020 11/05/20 Sold -- -- --
10/06/2020 10/06/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $100,000 -- --
Source: ROAM MLS

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 $598 $51,920 $2,700 $49,220
2024 $598 $51,920 $2,700 $49,220
2023 $380 $51,920 $2,700 $49,220
2022 $380 $2,700 $2,700 $0
2021 $389 $2,700 $2,700 $0
2020 $393 $2,700 $2,700 $0
2019 $408 $2,700 $2,700 $0
2018 $416 $2,700 $2,700 $0
2017 $397 $2,700 $2,700 $0
2016 $410 $2,700 $2,700 $0
2015 $401 $2,700 $2,700 $0
2014 -- $2,700 $2,700 $0
2013 -- $2,700 $2,700 $0
Source: Public Records

Source: ROAM MLS

MLS Number: 2266993

APN: 3-8W-4-062-01

Louisiana Orleans Parish New Orleans 70122 Gentilly Terrace

5101 Elysian Fields Ave, New Orleans, LA

Homes for Sale in New Orleans, LA

This home is located at 5101 Elysian Fields Ave, New Orleans, LA 70122 and is currently estimated at $100,000. 5101 Elysian Fields Ave is a home located in Orleans Parish with nearby schools including Audubon Gentilly, Pierre A. Capdau Charter School, and Pierre A. Capdau Charter School at Avery Alexander.

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