NOT LISTED FOR SALE

Estimated Value: $339,907

0.18 Acre
$1,867,621 Price per Acre
7,928 Sq Ft Lot

Last Sold July 11, 2022

Current estimated payment $2,127/month

94 Days on Market

About This Lot

As of July 2022

Vacant commercial lot (approx 7920 sq ft) located in the Bio-Medical district of New Orleans with excellent exposure on S Galvez St. The lot measures 59.11 X 132.3 and is located in a Federal Opportunity Zone. LSU is building a new $100 million dollar apartment complex for its medical students one block away. The property is zoned MS (Medical Service District) with allowable uses that include short term rental, office space and medical clinic.

Last Agent to Sell the Property

Neil Forester

LATTER & BLUM (LATT07) License #000041035 Listed on: 03/08/2022

LATTER & BLUM (LATT07)

Last Buyer's Agent

Andrea Huseman

Corporate Realty Leasing Company License #000033384

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 59.11 x 132.3
  • Oversized Lot
  • Rectangular Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as MS

Location

  • City Lot

Listing and Financial Details

  • Legal Lot and Block 30,31 / 500
  • Assessor Parcel Number 70112528SGALVEZST

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size: 59.11 X 132.3
  • Road Surface Type: Asphalt
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: City Lot, Oversized Lot, Rectangular Lot, Split Possible

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial
  • Parcel #: 70112528SGALVEZST
  • Zoning Description: MS
  • Zoning: MS
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 500
  • Tax Lot: 30,31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jul 8, 2022
Sold by
Advanta Ira Services Llc
Bought by
Lsu Health Foundation New Orleans
Seller's Agent
Neil Forester
LATTER & BLUM (LATT07)
Buyer's Agent
Andrea Huseman
Corporate Realty Leasing Company
List Price
$399,900
Current Estimated Value
$339,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.35%
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
Lsu Health Foundation New Orleans -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold -- -- --
06/11/2022 06/11/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $399,900 -- --
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 -- $26,140 $26,140 $0
2024 $3,343 $26,140 $26,140 $0
2023 $3,343 $23,760 $23,760 $0
2022 $3,343 $23,760 $23,760 $0
2021 $3,420 $23,760 $23,760 $0
2020 $3,454 $23,760 $23,760 $0
2019 $1,435 $9,500 $9,500 $0
2018 $1,464 $9,500 $9,500 $0
2017 $1,398 $9,500 $9,500 $0
2016 $1,442 $9,500 $9,500 $0
2015 $2,749 $18,490 $9,500 $8,990
2014 -- $18,490 $9,500 $8,990
2013 -- $18,490 $9,500 $8,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2335752

APN: 1-04-1-049-27