NOT LISTED FOR SALE

5118 Lafaye St New Orleans, LA 70122

Gentilly Terrace Neighborhood

Estimated Value: $322,000 - $359,000

3 Beds
2 Baths
1,765 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 02, 2020

Current estimated payment $2,228/month

64 Days on Market

Highlights

  • New Construction
  • Jetted Tub in Primary Bathroom
  • Granite Countertops
  • Traditional Architecture
  • Attic
  • Stainless Steel Appliances

About This Home

As of October 2020

NEW Construction in HOT Gentilly awaits you..This LUXURY home has GLEAMING wood floors with stainless steel appliances, ENERGY EFFICIENT windows, MULTIPLE tray ceilings, gas lantern, BEAUTIFUL QUARTZ counters, SPACIOUS master suite with LUXURIOUS master bath with AMAZING soaking tub..VAST guest bath..10ft. ceilings, CUSTOM master closet, LOW flood insurance & more..Near UNO & the Lake!... SCHEDULE your PRIVATE viewing today!

Last Agent to Sell the Property

Rachel Silvers

Galiano Realty License #995694275 Listed on: 06/29/2020

Last Buyer's Agent

Sean Gerowin

Villere Realty, LLC License #000074860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 50x120
  • Fenced
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,765 Sq Ft Home
  • Property has 1 Level
  • Tray Ceiling
  • Window Screens
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Additional Features

  • Accessibility Features
  • Energy-Efficient Windows
  • Porch
  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 701225118LAFAYEST

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,378

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 50X120
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: 0
  • Year Built: 2020
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome
  • Stories: 1
  • Year Built: 2020

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Maker, Oven, Range, Refrigerator
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Attic, Tray Ceiling(s), Granite Counters, Jetted Tub, Pantry, Pull Down Attic Stairs, Stainless Steel Appliances
  • Living Area: 1765.0
  • Window Features: Screens

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: Yes
  • Construction Type: HardiPlank Type
  • Exterior Features: Fence, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Wood, Porch
  • Property Condition: Never Occupied, New Construction
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street, Two Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 701225118LAFAYEST
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 2, 2020
Sold by
T & T Real Estate Development Llc
Bought by
Munger Martin Chapman
Seller's Agent
Rachel Silvers
Galiano Realty
Buyer's Agent
Sean Gerowin
Villere Realty, LLC
List Price
$329,000
Current Estimated Value
$355,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%
Original Mortgage
$296,400
Outstanding Balance
$266,593
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$64,487

Purchase Details

Closed on
Aug 21, 2019
Sold by
Succession Of Patricia Gay Sandoz
Bought by
T & T Real Estate Development 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
Munger Martin Chapman $312,000 Crescent Title Llc
T & T Real Estate Development Llc $36,000 Experience Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munger Martin Chapman $296,400
Previous Owner T & T Real Estate Development Llc $162,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold -- -- --
09/02/2020 09/02/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $329,000 -- $186 / 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 $3,378 $32,440 $6,000 $26,440
2024 $4,347 $32,440 $6,000 $26,440
2023 $3,242 $31,260 $3,000 $28,260
2022 $3,242 $29,850 $3,000 $26,850
2021 $4,500 $31,260 $3,000 $28,260
2020 $436 $3,000 $3,000 $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

Agents Affiliated with this Home

  • Rachel Silvers

    Seller's Agent in 2020

    Rachel Silvers

    Galiano Realty

    (504) 218-1006

    8 in this area

    229 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Sean Gerowin

    Villere Realty, LLC

    3 in this area

    58 Total Sales

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Map

Source: ROAM MLS

MLS Number: 2258638

APN: 3-8W-4-073-03

Louisiana Orleans Parish New Orleans 70122 Gentilly Terrace

5118 Lafaye St, New Orleans, LA

This home is located at 5118 Lafaye St, New Orleans, LA 70122 since 29 June 2020 and is currently estimated at $345,107, approximately $195 per square foot. This property was built in 2020. 5118 Lafaye St 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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