NOT LISTED FOR SALE

5305 Magazine St New Orleans, LA 70115

Uptown Neighborhood

Estimated Value: $430,000 - $555,808

4 Beds
2 Baths
1,709 Sq Ft
$297/Sq Ft Est. Value

Last Sold October 20, 2020

Current estimated payment $3,449/month

4 Days on Market

Highlights

  • Victorian Architecture
  • Wood Siding
  • Property has 1 Level
  • Rectangular Lot
  • No Heating

About This Home

As of October 2020

Location! Location! Location! Incredible renovation opp. of Victorian Double on Magazine! Live ON the parade route! Tons of potential-high ceilings, arched windows, original pine floors, moldings, transoms, mantles. Convenient to rest., bars, coffee shops, galleries & many shops. Can easily be converted to a single or, keep it as a double, live on one side & let the rent from the other side help w/ the mortgage. Looking for a tax break? This house may qualify for State & Federal Rehab. Tax Credits.

Last Agent to Sell the Property

Clyde Patton

KELLER WILLIAMS REALTY 455-0100 License #000018295 Listed on: 09/15/2020

KELLER WILLIAMS REALTY 455-0100

Last Buyer's Agent

Olivia Ford

Upper Management Realty, LLC License #995686875

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,252

Year Built

  • 1895

Lot Details

  • Lot Dimensions are 30 x 110
  • Rectangular Lot

Home Design

  • Duplex
  • Victorian Architecture
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,709 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 701155305MagazineST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,252

Year Built

1895

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 30 X 110
  • Directions: 2nd block from Jefferson Avenue towards the CBD
  • Architectural Style: Victorian
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 100
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built (Public Record): 1895

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1709.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Raised
  • Property Condition: Poor Condition, Fixer
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701155305MagazineST
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 20, 2020
Sold by
Steele Patricia Marie Okeefe and Okeefe Arthur John
Bought by
Valmont Llc
Seller's Agent
Clyde Patton
KELLER WILLIAMS REALTY 455-0100
Buyer's Agent
Olivia Ford
Upper Management Realty, LLC
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Total Days on Market
4
Current Estimated Value
$506,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,952
Avg. Annual Appreciation
7.67%
Original Mortgage
$508,500
Outstanding Balance
$456,603
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$50,349
Source: Public Records

Similar Homes in New Orleans, LA

  • 628 30 9th St, New Orleans, LA 70115

    $375,000

    • 2 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 628 30 9th St
    • New Orleans, LA

    Adorable Shotgun Double in the Heart of the Irish Channel!Cute, cute, cute—and double the charm! This classic one-bedroom, one-bath shotgun double is located on a highly desirable block in the vibrant Irish Channel. Each side features original hardwood floors, soaring 12-foot ceilings, and an abundance of natural light that fills the spacious rooms.The 630 unit boasts an updated kitchen and

    Nichell Thompson Keller Williams Realty New Orleans

    Section Image
  • 7325 27 Green St, New Orleans, LA 70118

    $389,000

    • 4 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • 7325 27 Green St
    • New Orleans, LA

    Wonderful Double 2 Blocks Off Broadway & Walking Distance to Tulane and Loyola Universities. Completely Renovated in 2010. Updated Kitchens w/ Stainless Steel Appliances. Wood Floors. Washer & Dryer. 3 year Old Architectural Shingle Roof! Covered Front Porches & Back Decks. Separate Water Meters. Quiet Street Across from Graveyard. One Unit is Vacant and Easy to Show. The Other Side is

    John Rareshide RE/MAX N.O. Properties

    Section Image
  • 2210 12 Pine St, New Orleans, LA 70118

    $489,000

    • 6 Beds
    • 2 Baths
    • 2,347 Sq Ft
    • 2210 12 Pine St
    • New Orleans, LA

    Beautifully Renovated Arts & Crafts Duplex In Great Location Between Broadway & Carrollton Close To Tulane and Loyola Universities. Freshly Painted Exterior & Interior. The Downstairs Unit (2210) Is Vacant and features a Renovated Kitchen With Quartz Countertops, a Renovated Bath & Wood Floors. Upstairs (2212) Is Rented And Has A Brand New Kitchen and Central Air & Heat. A Completed Brand New

    John Rareshide RE/MAX N.O. Properties

    Section Image
  • 1428 Chartres St, New Orleans, LA 70116

    $569,000

    • 4 Beds
    • 3 Baths
    • 2,011 Sq Ft
    • 1428 Chartres St
    • New Orleans, LA

    Nestled in the heart of New Orleans, this stunning property at 30 Chartres St combines historic charm with modern amenities. Featuring a beautifully designed exterior and elegant architectural details, this home captures the essence of the vibrant French Quarter. Inside, you’ll find spacious living areas adorned with hardwood floors and high ceilings, providing a warm and inviting ambiance.The

    Brittany Picolo Ramos Keller Williams Realty New Orleans

    Section Image
  • 1705 Rousselin Dr, New Orleans, LA 70119

    $395,000

    • 6 Beds
    • 2 Baths
    • 1,840 Sq Ft
    • 1705 Rousselin Dr
    • New Orleans, LA

    Welcome to this charming Mid-City shotgun double in New Orleans, perfectly situated within walking distance to Fair Grounds, shops, and restaurants. This freshly updated home offers the ideal opportunity for owner-occupants or investors alike. Each side features spacious living with original hardwood floors, gorgeous millwork, high ceilings, and decorative fireplaces that add character and

    Bonnie LaNasa Realty One Group Immobilia

    Section Image
  • 5416 18 Laurel St, New Orleans, LA 70115

    $579,000

    • 2 Beds
    • 2 Baths
    • 1,434 Sq Ft
    • 5416 18 Laurel St
    • New Orleans, LA

    Charming multi-family property in the heart of Uptown New Orleans, featuring two units with classic architectural details, hardwood floors, and updated amenities. Located just blocks from Magazine Street’s shops and restaurants, this property offers excellent income potential or a perfect owner-occupant opportunity in a prime location. Private, fully fenced backyard oasis, perfect for relaxing or

    Sarah Gilberti RE/MAX N.O. Properties

    Section Image
  • 1113 Cadiz St, New Orleans, LA 70115

    $625,000

    • 3 Beds
    • 3.5 Baths
    • 2,325 Sq Ft
    • 1113 Cadiz St
    • New Orleans, LA

    Nestled just steps from the vibrant shops and renowned restaurants of Magazine Street, this beautifully and meticulously maintained multi-family property offers a fabulous blend of charm, space, and income potential. The standout owner's unit is a stunning two-story residence featuring 2 spacious bedrooms and 2.5 bathrooms, flooded with natural light and designed for comfortable, stylish

    Francesca Brennan Engel & Völkers New Orleans

    Section Image
  • 4309 11 Annunciation St, New Orleans, LA 70118

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,736 Sq Ft
    • 4309 11 Annunciation St
    • New Orleans, LA

    Charming double located in the heart of New Orleans only steps away from the parade route! Each side features 1 bedroom and 1 bathroom with an open floor plan, beautiful hardwood floors, and high ceilings that enhance the spacious feel. Enjoy elegant touches like crown molding and decorative fireplaces, plus the convenience of inside laundry. Both units includes a bonus room that leads into the

    Thelma Miller C-21 Richard Berry & Assoc,Inc

    Section Image
  • 1039 Marengo St, New Orleans, LA 70115

    $580,000

    • 4 Beds
    • 3 Baths
    • 2,663 Sq Ft
    • 1039 Marengo St
    • New Orleans, LA

    Outstanding Investment Opportunity in a Prime Location! Newer roof (2022); investment property since 2001. Charming, standalone singe-family home (1736 sq ft) with 3 bed / 2 baths, complete with spacious living areas & a white picket fence to add to the curb appeal. Above the 2-car garage, you will find a fabulous 1 bed / 1 bath apartment (927 sq ft) w/ stylish architectural design and finishes

    MARGARET STEWART LATTER & BLUM (LATT07)

    Section Image
See All Homes in New Orleans

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Valmont Llc $360,000 Le Fleur De Lis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valmont Llc $508,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold -- -- --
09/20/2020 09/20/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $350,000 -- $205 / 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 $7,252 $50,360 $14,850 $35,510
2024 $7,328 $50,360 $14,850 $35,510
2023 $5,932 $39,800 $11,550 $28,250
2022 $5,932 $38,390 $11,550 $26,840
2021 $6,259 $39,800 $11,550 $28,250
2020 $5,720 $35,870 $11,550 $24,320
2019 $5,924 $35,870 $11,550 $24,320
2018 $6,007 $35,870 $11,550 $24,320
2017 $5,732 $35,870 $11,550 $24,320
2016 $5,389 $32,510 $11,550 $20,960
2015 $5,288 $32,510 $9,900 $22,610
2014 -- $32,510 $9,900 $22,610
2013 -- $32,510 $9,900 $22,610
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Clyde Patton

    KELLER WILLIAMS REALTY 455-0100

    (504) 455-0100

    6 in this area

    33 Total Sales

    Clyde Patton
    Section Image
  • Olivia Ford

    Buyer's Agent in 2020

    Olivia Ford

    Upper Management Realty, LLC

    (504) 343-1837

    2 in this area

    127 Total Sales

    Olivia Ford
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2269163

APN: 6-14-2-024-05

Louisiana Orleans Parish New Orleans 70115 Uptown

5305 Magazine St, New Orleans, LA

This home is located at 5305 Magazine St, New Orleans, LA 70115 since 15 September 2020 and is currently estimated at $506,952, approximately $296 per square foot. This property was built in 1895. 5305 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes