NOT LISTED FOR SALE

513 Magellan St New Orleans, LA 70114

McDonough Neighborhood

Estimated Value: $174,000 - $205,000

4 Beds
2 Baths
1,491 Sq Ft
$129/Sq Ft Est. Value

Last Sold November 30, 2018

Current estimated payment $1,230/month

66 Days on Market

Highlights

  • 0.19 Acre Lot
  • Porch
  • Property is in very good condition
  • Gretna No. 2 Academy for Advanced Studies Rated A
  • Window Unit Cooling System
  • Rectangular Lot

About This Home

As of November 2018

OWNER/AGENT: Income producing double in great location! Each unit has 2 bedrooms and 1 bath, with totally updated electrical, and partially updated plumbing, granite countertops, and more. Call to schedule an appointment today.

Last Agent to Sell the Property

Samantha Bush

Samantha Bush Real Estate Services LLC License #995692155 Listed on: 08/25/2018

Last Buyer's Agent

John Kendall

Face to Face Realty, LLC License #995685380

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 2018

Lot Details

  • 8,194 Sq Ft Lot
  • Lot Dimensions are 46x64
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,491 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Additional Features

  • Porch
  • Outside City Limits

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 2A
  • Assessor Parcel Number 70114513MagellanST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1881
  • Lot Size: 46X64
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 60
  • Year Built: 2018
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 2018

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1491.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Outside City Limits, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, Two Spaces

Utilities

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

Lot Info

  • Parcel #: 70114513MagellanST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 2A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2018
Closed on
Nov 30, 2018
Sold by
Tbf Llc
Bought by
Marshall Louis
Seller's Agent
Samantha Bush
Samantha Bush Real Estate Services LLC
Buyer's Agent
John Kendall
Face to Face Realty, LLC
List Price
$160,000
Current Estimated Value
$191,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$152,192
Outstanding Balance
$137,367
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$53,215
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
Marshall Louis $155,000 Title Depot Of Louisiana Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Louis $152,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold -- -- --
10/31/2018 10/31/18 Pending -- -- --
08/25/2018 08/25/18 For Sale $160,000 -- $107 / 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 $2,310 $17,500 $1,470 $16,030
2024 $2,345 $17,500 $1,470 $16,030
2023 $1,886 $13,950 $880 $13,070
2022 $1,886 $13,300 $880 $12,420
2021 $2,023 $13,950 $880 $13,070
2020 $2,043 $13,950 $880 $13,070
2019 $1,046 $6,910 $880 $6,030
2018 $2,241 $14,520 $2,460 $12,060
2017 $2,140 $14,520 $2,460 $12,060
2016 $2,295 $15,750 $2,460 $13,290
2015 $2,356 $15,750 $2,460 $13,290
2014 -- $15,750 $2,460 $13,290
2013 -- $15,750 $2,460 $13,290
Source: Public Records

Agents Affiliated with this Home

  • Samantha Bush

    Seller's Agent in 2018

    Samantha Bush

    Samantha Bush Real Estate Services LLC

    (504) 575-8986

    1 in this area

    82 Total Sales

    Samantha Bush
    Section Image

  • J

    Buyer's Agent in 2018

    John Kendall

    Face to Face Realty, LLC

    (504) 473-6840

    86 Total Sales

    John Kendall
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2169097

APN: 5-13-3-111-01

Louisiana Orleans Parish New Orleans 70053 McDonough

513 Magellan St, New Orleans, LA

This home is located at 513 Magellan St, New Orleans, LA 70114 since 25 August 2018 and is currently estimated at $191,828, approximately $128 per square foot. This property was built in 2018. 513 Magellan St is a home located in Orleans Parish with nearby schools including McDonogh 26 Elementary School, Gretna No. 2 Academy for Advanced Studies, and L.H. Marrero Middle School.

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