NOT LISTED FOR SALE

5221 Magazine St New Orleans, LA 70115

Uptown Neighborhood

Estimated Value: $734,000 - $1,217,995

6 Beds
4 Baths
3,527 Sq Ft
$282/Sq Ft Est. Value

Last Sold November 21, 2014

Current estimated payment $6,428/month

25 Days on Market

Highlights

  • Victorian Architecture
  • Property is in excellent condition
  • Wood Siding
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of November 2014

NEWLY RENOVATED. ONE OF A KIND COMMERCIAL/RETAIL/MULTI FAMILY 4-PLEX. CARRERA MARBLE BATHS, KITCHENS W/NEW CABINETRY, GRANITE COUNTERS, STAINLESS APPLIANCES, REFINISHED WOOD FLOORS, ALL NEW FLAMBEAU LIGHTING, WRAP AROUND BALCONY ON SECOND FLOOR. UNITS 3 & 4 OCCUPIED, GROUND FLOOR VACANT. GREAT FOR INVESTOR, CORPORATE FURNISHED RENTALS, OR OWNER OPERATOR. MUST SEE !

Last Agent to Sell the Property

Eric Gilberti

RE/MAX Affiliates License #995685946 Listed on: 09/26/2014

RE/MAX Affiliates

Last Buyer's Agent

Richard Juge

License #433177308

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,539

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 45 x 105
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Victorian Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,527 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 701155221MAGAZINEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,539

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 45 X 105
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 100
  • Year Built: 2014
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 3527.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Raised
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Assigned, Two Spaces

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701155221MAGAZINEST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Nov 21, 2014
Sold by
Sherman Jonathan R
Bought by
5221 Magazine Llc
Seller's Agent
Eric Gilberti
RE/MAX Affiliates
Buyer's Agent
Richard Juge
List Price
$1,200,000
Current Estimated Value
$995,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.69%
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
5221 Magazine Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lengley John Mark $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold -- -- --
10/22/2014 10/22/14 Pending -- -- --
09/26/2014 09/26/14 For Sale $1,200,000 +20.6% $340 / Sq Ft
05/30/2014 05/30/14 Sold -- -- --
04/30/2014 04/30/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $995,000 -- $249 / 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 $12,539 $95,000 $21,260 $73,740
2024 $12,729 $95,000 $21,260 $73,740
2023 $9,491 $70,130 $16,540 $53,590
2022 $9,491 $67,450 $16,540 $50,910
2021 $10,095 $70,130 $16,540 $53,590
2020 $9,268 $63,750 $16,540 $47,210
2019 $9,631 $63,750 $16,540 $47,210
2018 $9,823 $63,750 $16,540 $47,210
2017 $11,034 $75,000 $16,540 $58,460
2016 $11,384 $75,000 $16,540 $58,460
2015 $11,150 $75,000 $14,180 $60,820
2014 -- $32,800 $14,180 $18,620
2013 -- $32,800 $14,180 $18,620
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Eric Gilberti

    RE/MAX

    Section Image

  • J

    Seller's Agent in 2014

    Jan Langley

    LATTER & BLUM (LATT10)

    (504) 259-3413

    14 Total Sales

    Jan Langley
    Section Image
  • Richard Juge

    Buyer's Agent in 2014

    Richard Juge

    (504) 212-7667

    3 Total Sales

    Richard Juge
    Section Image
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Map

Source: ROAM MLS

MLS Number: 1007107

APN: 6-14-2-022-03

Louisiana Orleans Parish New Orleans 70115 Uptown

5221 Magazine St, New Orleans, LA

This home is located at 5221 Magazine St, New Orleans, LA 70115 since 26 September 2014 and is currently estimated at $995,665, approximately $282 per square foot. This property was built in 2014. 5221 Magazine St is a home located in Orleans Parish with nearby schools including Benjamin Franklin Elementary, Lycee Francais de la Nouvelle-Orleans, and Warren Easton Senior High School.

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