NOT LISTED FOR SALE

625 Esplanade Ave New Orleans, LA 70116

Marigny Neighborhood

Estimated Value: $566,698

0.05 Acre
$11,565,265 Price per Acre
2,134 Sq Ft Lot

Last Sold December 30, 2019

Current estimated payment $3,766/month

57 Days on Market

Highlights

  • Rectangular Lot
  • 4-minute walk to Esplanade Avenue Station
  • 4-minute walk to Washington Square Park

About This Lot

As of December 2019

Incredibly rare opportunity to build your dream overlooking the French Quarter on picturesque Esplanade Ave. Perfectly placed between Royal, Chartres and Frenchman. Roof deck, pool, panoramic city and river views, balconies, and private parking are all possibilities to make this 4-storied new construction a winning residence. HMR-2 zoning provides many uses for this property

Last Agent to Sell the Property

Elizabeth Mcnulty

Compass Uptown-Maple St (LATT28) License #995689813 Listed on: 10/03/2019

Compass Uptown-Maple St (LATT28)

Last Buyer's Agent

Michael Verderosa

Compass Historic (LATT09) License #000069208

Compass Historic (LATT09)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,000

Lot Details

  • Lot Dimensions are 20x106
  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as HMR-2

Home Design

  • 2,120 Sq Ft Home

Additional Features

  • City Lot
  • Water Not Available

Listing and Financial Details

  • Legal Lot and Block 5 / 600
  • Assessor Parcel Number 70116625ESPLANADEAV5

Property Details

Property Type

Land

Est. Annual Taxes

$9,000

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size: 20x106
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area: 2120.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial
  • Parcel #: 70116625ESPLANADEAV5
  • Zoning Description: HMR-2
  • Zoning: HMR-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 600
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 30, 2019
Sold by
Chandelier Development Nola Llc
Bought by
Empire Burlesque Llc
Seller's Agent
Elizabeth Mcnulty
Compass Uptown-Maple St (LATT28)
Buyer's Agent
Michael Verderosa
Compass Historic (LATT09)
List Price
$785,000
Current Estimated Value
$566,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%

Purchase Details

Closed on
Aug 19, 2016
Sold by
Rivera Miguel P
Bought by
Chandelier Development Nola Llc A Louisi
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
Empire Burlesque Llc $497,000 Title Stream Llc
Chandelier Development Nola Llc A Louisi $300,000 Crescent Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold -- -- --
11/30/2019 11/30/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $785,000 -- $370 / 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 $9,000 $68,190 $12,720 $55,470
2024 $9,137 $68,190 $12,720 $55,470
2023 $8,424 $68,190 $12,720 $55,470
2022 $8,424 $59,870 $12,720 $47,150
2021 $8,218 $57,090 $12,720 $44,370
2020 $4,963 $34,140 $12,720 $21,420
2019 $5,158 $34,140 $12,720 $21,420
2018 $5,260 $34,140 $12,720 $21,420
2017 $2,198 $14,940 $12,720 $2,220
2016 $3,379 $22,260 $12,720 $9,540
2015 $3,546 $23,850 $7,420 $16,430
2014 -- $11,040 $7,420 $3,620
2013 -- $23,850 $7,420 $16,430
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Mcnulty

    Seller's Agent in 2019

    Elizabeth Mcnulty

    Compass Uptown-Maple St (LATT28)

    (504) 908-0289

    2 in this area

    102 Total Sales

    Elizabeth Mcnulty
    Section Image
  • Michael Verderosa

    Buyer's Agent in 2019

    Michael Verderosa

    Compass Historic (LATT09)

    (504) 948-3011

    7 in this area

    189 Total Sales

    Michael Verderosa
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2225891

APN: 3-7W-1-006-03

Louisiana Orleans Parish New Orleans 70116 Marigny

625 Esplanade Ave, New Orleans, LA

This home is located at 625 Esplanade Ave, New Orleans, LA 70116 since 03 October 2019 and is currently estimated at $566,698, approximately $267 per square foot. 625 Esplanade Ave is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Homer Plessy French Quarter Community School, and Mary Bethune Elementary School.

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