NOT LISTED FOR SALE

525 Madison St New Orleans, LA 70116

French Quarter Neighborhood

Estimated Value: $2,954,000 - $4,122,667

4 Beds
4 Baths
6,155 Sq Ft
$565/Sq Ft Est. Value

Last Sold March 03, 2015

Current estimated payment $21,076/month

339 Days on Market

Highlights

  • In Ground Pool
  • 2-minute walk to Dumaine Street Station
  • Central Heating and Cooling System
  • Fireplace
  • Courtyard
  • 2-minute walk to Jackson Square

About This Home

As of March 2015

Very exquisite renovation and tastefully decorated single house in high demand French Quarter Location. Landscaped courtyard with fountain and small wading pool. Off street parking for 3 cars, 2 covered. Garage, washer/dryer. Balcony and walkway connects both stories. Security System if tenant desires. Gourmet kitchen. Spacious rooms. Wonderful floor plan. Great for entertaining. No Pets. Owner will consider a shorter lease.

Last Agent to Sell the Property

Ernesto Caldeira

Crescent Sotheby's International License #000051750 Listed on: 02/26/2014

Crescent Sotheby's International

Last Buyer's Agent

Eleanor Farnsworth

LATTER & BLUM License #000042529

LATTER & BLUM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,634

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 91x65x62x24x29
  • Fenced
  • Irregular Lot
  • Property is in excellent condition

Home Design

  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6,155 Sq Ft Home
  • Property has 2 Levels
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Courtyard

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • French Quarter Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70116525MADISONST

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,634

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 91x65x62x24x29
  • Subdivision Name: French Quarter
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built Details: 150
  • Year Built: 1995
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 6155.0

Exterior Features

  • Lot Features: City Lot, Irregular Lot
  • Pool Features: In Ground
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Exterior Features: Courtyard, Fence
  • Foundation Details: Slab
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 70116525MADISONST
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2014
Closed on
Mar 3, 2015
Sold by
Long Jerianne M
Bought by
Cochran Walter H
Seller's Agent
Ernesto Caldeira
Crescent Sotheby's International
Buyer's Agent
Eleanor Farnsworth
LATTER & BLUM
List Price
$3,595,000
Current Estimated Value
$3,460,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
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
Cochran Walter H $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Walter House $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Rented $19,500 0.0% --
05/16/2021 05/16/21 Under Contract -- -- --
01/28/2021 01/28/21 For Rent $19,500 0.0% --
03/03/2015 03/03/15 Sold -- -- --
02/01/2015 02/01/15 Pending -- -- --
02/26/2014 02/26/14 For Sale $3,595,000 -- $584 / 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 $26,634 $201,790 $36,880 $164,910
2024 $27,038 $201,790 $36,880 $164,910
2023 $30,336 $225,000 $36,880 $188,120
2022 $30,336 $215,590 $36,880 $178,710
2021 $32,389 $225,000 $36,880 $188,120
2020 $32,711 $225,000 $36,880 $188,120
2019 $37,770 $250,000 $36,880 $213,120
2018 $38,520 $250,000 $36,880 $213,120
2017 $36,780 $250,000 $31,610 $218,390
2016 $37,945 $250,000 $31,610 $218,390
2015 $28,697 $200,000 $31,610 $168,390
2014 -- $200,000 $31,610 $168,390
2013 -- $326,400 $31,610 $294,790
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Debbie Prejeant

    Wurth Real Estate Services

    (504) 952-0959

    21 Total Sales

    Section Image

  • E

    Seller's Agent in 2015

    Ernesto Caldeira

    Crescent Sotheby's International

    Section Image

  • E

    Buyer's Agent in 2015

    Eleanor Farnsworth

    LATTER & BLUM

    (504) 891-1142

    4 in this area

    74 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 981721

APN: 2-07-1-006-21

Louisiana Orleans Parish New Orleans 70116 French Quarter

525 Madison St, New Orleans, LA

This home is located at 525 Madison St, New Orleans, LA 70116 since 26 February 2014 and is currently estimated at $3,478,889, approximately $565 per square foot. This property was built in 1995. 525 Madison St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Bricolage Academy, and Homer Plessy French Quarter Community School.

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