$899,000
$301K PRICE DROP

5301 Elysian Fields Ave New Orleans, LA 70122

Milneburg Neighborhood

Estimated payment $5,763/month

Total Views 2,537
-- Bed
-- Bath
4,328 Sq Ft
$208 Price per Sq Ft

Highlights

  • 0.28 Acre Lot
  • Accessibility Features
  • Rectangular Lot

About This Home

Seize the opportunity to own a highly visible office building in a prime location, just minutes from Universite's, the lakefront, and downtown New Orleans. Spanning over 4,300 square feet on a spacious 12,000 square foot lot, this property offers limitless potential for your business. Formerly home to a bank and an insurance company, this building is equipped with everything you need: three private offices, a conference room, nine cubicle spaces, a reception area, and a kitchen. There are two separate restrooms upstairs and one downstairs for your convenience. Protected by ADT security system, as well as being equipped with AT&T fiber. The large parking lot is a bonus for both employees and clients, and the building’s strategic location ensures maximum exposure, with thousands of commuters passing by daily. If your business requires visibility and a central location, this property is for you!

Listing Agent

SANDY DUET

Crescent Sotheby's International License #995688506

Crescent Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,062

Year Built

  • Built in 1996

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Shingle Siding
  • Shake Siding
  • Stucco

Interior Spaces

  • 4,328 Sq Ft Home
  • Property has 2 Levels

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Tax Lot 4056
  • Assessor Parcel Number 38W420402

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,062

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.2755
  • Lot Size: 100x120
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Mixed Use, Office
  • Year Built: 1996
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: Accessibility Features
  • Living Area: 4328.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick, Shingle Siding, Shake Siding, Stucco

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 38W420402
  • Zoning Description: S-B2
  • Zoning: S-B2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 4056

Map

Range of Values:

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ICE

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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

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 $9,062 $68,660 $18,000 $50,660
2024 $9,200 $68,660 $18,000 $50,660
2023 $8,568 $63,140 $18,000 $45,140
2022 $8,568 $60,890 $18,000 $42,890
2021 $8,503 $59,070 $18,000 $41,070
2020 $9,179 $63,140 $18,000 $45,140
2019 $9,539 $63,140 $18,000 $45,140
2018 $9,929 $63,140 $18,000 $45,140
2017 $9,489 $63,140 $18,000 $45,140
2016 $9,783 $63,140 $18,000 $45,140
2015 $10,190 $68,540 $7,200 $61,340
2014 -- $68,540 $7,200 $61,340
2013 -- $68,540 $7,200 $61,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $899,000 -10.0% $208 / Sq Ft
01/12/2025 01/12/25 Price Changed $999,000 -9.2% $231 / Sq Ft
10/24/2024 10/24/24 Price Changed $1,100,000 -8.3% $254 / Sq Ft
08/09/2024 08/09/24 For Sale $1,200,000 -- $277 / Sq Ft
Source: ROAM MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $411,000 --
Warranty Deed $460,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $283,434 Future Advance Clause Open End Mortgage
Previous Owner $353,500 Commercial
Previous Owner $460,000 Commercial
Source: Public Records

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Source: ROAM MLS

MLS Number: 2462710

APN: 3-8W-4-204-02