NOT LISTED FOR SALE

621 Elysian Fields Ave New Orleans, LA 70117

Marigny Neighborhood
-- Bed
-- Bath
3,228 Sq Ft
0.62 Acres

Last Sold December 21, 2020

346 Days on Market

Highlights

  • Oversized Lot
  • 4-minute walk to Esplanade Avenue Station
  • 3-minute walk to Washington Square Park
  • Accessibility Features
  • 3 Car Garage

About This Home

As of December 2020

OPPORTUNITY KNOCKS!!! Over half an acre of mostly open space for sale in the Marigny!! The home of American Aquatic Gardens for the past thirty years, this property is comprised of 30,700sqft of land, with a store/warehouse containing 3,228sqft, and a large greenhouse. The lot has 118' of frontage on Elysian Fields, 57' of frontage on Royal Street, and 53' of frontage on Chartres. Zoning is HMC-2 Commercial, with a bevy of permitted and conditional uses. EXCEPTIONAL ONCE-IN-A-LIFETIME OPPORTUNITY!!!

Last Agent to Sell the Property

Michael Verderosa

LATTER & BLUM (LATT09) License #000069208 Listed on: 12/10/2019

LATTER & BLUM (LATT09)

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,119

Year Built

  • Built in 1990

Lot Details

  • Oversized Lot
  • Irregular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as HMC-2

Home Design

  • Metal Siding
  • Stucco

Interior Spaces

  • 3,228 Sq Ft Home
  • Property has 2 Levels
  • Fire Sprinkler System

Parking

  • 3 Car Garage
  • Parking Lot

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • The owner pays for all utilities, insurance, janitorial service, taxes
  • Tax Lot 93
  • Assessor Parcel Number 70117621ElysianFieldsAV93

Property Details

Property Type

Other

Est. Annual Taxes

$20,119

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 57x72x118x127x6x53x127x26x54x
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Mixed Use, Retail
  • Year Built Details: 29
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Owner Pays: All Utilities, Insurance, Janitorial Service, Taxes
  • Accessibility Features: Accessibility Features
  • Living Area: 3228.0

Exterior Features

  • Lot Features: City Lot, Irregular Lot, Oversized Lot
  • Construction Type: Metal Siding, Stucco
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage, Parking Lot, Three or more Spaces

Utilities

  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70117621ElysianFieldsAV93
  • Zoning Description: HMC-2
  • Zoning: HMC-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2022
Sold by
621 Elysian Fields Llc
Bought by
621 Elysian Fields Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Outstanding Balance
$2,606,603
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2019
Closed on
Dec 21, 2020
Sold by
Sacher Richard E and Dailey William Patrick
Bought by
621 Elysian Fields Llc
Seller's Agent
Michael Verderosa
LATTER & BLUM (LATT09)
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$3,500,000
Sold Price
$3,150,000
Premium/Discount to List
-$350,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
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
621 Elysian Fields Group Llc -- None Listed On Document
621 Elysian Fields Llc $1,400,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 621 Elysian Fields Group Llc $2,720,000
Previous Owner 621 Elysian Fields Llc $2,520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold -- -- --
11/21/2020 11/21/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $3,500,000 -- $1,084 / 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 $20,119 $152,430 $107,430 $45,000
2024 $20,424 $152,430 $107,430 $45,000
2023 $21,382 $151,960 $94,000 $57,960
2022 $21,382 $151,960 $94,000 $57,960
2021 $15,211 $105,670 $94,000 $11,670
2020 $16,126 $110,920 $94,000 $16,920
2019 $10,308 $68,230 $53,710 $14,520
2018 $10,513 $68,230 $53,710 $14,520
2017 $10,038 $68,230 $53,710 $14,520
2016 $10,356 $68,230 $53,710 $14,520
2015 $9,568 $64,360 $26,860 $37,500
2014 -- $64,360 $26,860 $37,500
2013 -- $64,360 $26,860 $37,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Verderosa

    Seller's Agent in 2020

    Michael Verderosa

    LATTER & BLUM (LATT09)

    (504) 948-3011

    6 in this area

    196 Total Sales

    Michael Verderosa
    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON-MLS MEMBER

See All Agents

Map

Source: ROAM MLS

MLS Number: 2233707

APN: 3-8W-1-011-04

Louisiana Orleans Parish New Orleans 70117 Marigny

621 Elysian Fields Ave, New Orleans, LA

This home is located at 621 Elysian Fields Ave, New Orleans, LA 70117 since 10 December 2019. This property was built in 1990. 621 Elysian Fields Ave is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Mary Bethune Elementary School, and KIPP Leadership Primary.

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