NOT LISTED FOR SALE

5241 Laurel St New Orleans, LA 70115

West Riverside Neighborhood

Estimated Value: $623,000 - $827,000

6 Beds
2 Baths
2,400 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 18, 2012

Current estimated payment $4,534/month

14 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Property has 1 Level
  • Porch
  • Heating System Uses Gas

About This Home

As of May 2012

Diamond in the rough in a great neighborhood. House needs some TLC.

Last Agent to Sell the Property

CHERYL TIMMINS

Garner & Co. Real Estate, LLC License #995683809 Listed on: 05/03/2012

Last Buyer's Agent

Margaret Maxwell

McEnery Residential, LLC License #000070051

McEnery Residential, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,457

Year Built

  • 1910

Lot Details

  • Lot Dimensions are 30 x 112
  • Corner Lot
  • Property is in average condition

Home Design

  • Duplex
  • Raised Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701155241LAURELST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,457

Year Built

1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 30 x 112
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 50
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built (Public Record): 1910

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2400.0

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Home Warranty: No
  • Construction Type: Frame
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition
  • Roof: Slate

Garage/Parking

  • Parking Features: Covered, Driveway

Utilities

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

Lot Info

  • Parcel #: 701155241LAURELST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2012
Sold by
Joux Llc
Bought by
Knoepp Leise R
Total Days on Market
14
Current Estimated Value
$699,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$295,197
Interest Rate
3.61%
Estimated Equity
$404,456

Purchase Details

Listed on
May 3, 2012
Closed on
May 18, 2012
Sold by
Hosey Michael
Bought by
Joux Llc
Seller's Agent
CHERYL TIMMINS
Garner & Co. Real Estate, LLC
Buyer's Agent
Margaret Maxwell
McEnery Residential, LLC
List Price
$289,000
Sold Price
$230,000
Premium/Discount to List
-$59,000
-20.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Mar 30, 2011
Sold by
Jones Kim M R
Bought by
Hosey Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,375
Interest Rate
5.04%

Purchase Details

Closed on
Feb 25, 2003
Sold by
Jones J B
Bought by
Jones Alton E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.9%
Source: Public Records

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Range of Values:

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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
Knoepp Leise R $590,000 --
Joux Llc $230,000 --
Hosey Michael $168,500 --
Jones Alton E $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knoepp Leise R $417,000
Previous Owner Hosey Michael $126,375
Previous Owner Jones Alton E $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2012 05/18/12 Sold -- -- --
05/03/2012 05/03/12 For Sale $289,000 -- $120 / 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 $7,457 $56,500 $15,120 $41,380
2024 $7,570 $56,500 $15,120 $41,380
2023 $6,708 $49,740 $8,400 $41,340
2022 $6,708 $47,670 $8,400 $39,270
2021 $7,160 $49,740 $8,400 $41,340
2020 $7,720 $53,100 $8,400 $44,700
2019 $8,022 $53,100 $8,400 $44,700
2018 $8,182 $53,100 $8,400 $44,700
2017 $7,812 $53,100 $8,400 $44,700
2016 $8,955 $59,000 $6,720 $52,280
2015 $8,772 $59,000 $6,720 $52,280
2014 -- $59,000 $6,720 $52,280
2013 -- $25,660 $6,720 $18,940
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    CHERYL TIMMINS

    Garner & Co. Real Estate, LLC

  • Margaret Maxwell

    Buyer's Agent in 2012

    Margaret Maxwell

    McEnery Residential, LLC

    (504) 605-4400

    6 in this area

    73 Total Sales

    Margaret Maxwell
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 913056

APN: 6-14-1-225-08

Louisiana Orleans Parish New Orleans 70115 West Riverside

5241 Laurel St, New Orleans, LA

This home is located at 5241 Laurel St, New Orleans, LA 70115 since 03 May 2012 and is currently estimated at $699,653, approximately $291 per square foot. This property was built in 1910. 5241 Laurel 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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