NOT LISTED FOR SALE

5305 Magazine St New Orleans, LA 70115

Uptown Neighborhood

Estimated Value: $476,000 - $560,000

4 Beds
2 Baths
1,709 Sq Ft
$305/Sq Ft Est. Value

Last Sold October 20, 2020

Current estimated payment $3,415/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

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

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

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
Current Estimated Value
$515,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$508,500
Outstanding Balance
$456,603
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$64,387
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
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

    5 in this area

    29 Total Sales

    Section Image
  • Olivia Ford

    Buyer's Agent in 2020

    Olivia Ford

    Upper Management Realty, LLC

    (504) 343-1837

    1 in this area

    122 Total Sales

    Section Image
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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 $520,990, approximately $304 per square foot. 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.

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