NOT LISTED FOR SALE

7038 Magazine St New Orleans, LA 70118

Audubon Neighborhood

Estimated Value: $393,000 - $766,498

4 Beds
2 Baths
1,630 Sq Ft
$365/Sq Ft Est. Value

Last Sold June 19, 2019

Current estimated payment $3,870/month

13 Days on Market

Highlights

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

About This Home

As of June 2019

Prime location 1.5 blocks to Audubon Park, The Zoo and the Mississippi River. Zoned HU-RD1 which allows for one and two family developments. Excellent Uptown renovation opportunity. The property is partially gutted and still features many rooms with original pine flooring. The property was originally constructed as a double and would be a great candidate for single family conversion.

Last Agent to Sell the Property

Neil Forester

Compass Uptown (LATT07) License #000041035 Listed on: 05/06/2019

Compass Uptown (LATT07)

Last Buyer's Agent

John Schaff

Compass Historic (LATT09) License #912124217

Compass Historic (LATT09)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,109

Year Built

  • Built in 1930

Lot Details

  • 3,598 Sq Ft Lot
  • Lot Dimensions are 30 x 120
  • Rectangular Lot
  • Property is in below average condition

Parking

  • Driveway

Home Design

  • Fixer Upper
  • Raised Foundation
  • Asbestos Shingle Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 1,630 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

  • Tax Lot R
  • Assessor Parcel Number 701187038MagazineST

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,109

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.0826
  • Lot Size: 30 X 120
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: 90
  • Year Built: 1930
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1630.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Wood Siding
  • Foundation Details: Raised
  • Other Structures: Apartment
  • Property Condition: Poor Condition, Fixer
  • Roof: Asbestos Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 701187038MagazineST
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2019
Sold by
Zarick Ryan and Zarick Michelle Pavlich
Bought by
7038 Magzaine Street Llc
Current Estimated Value
$594,375

Purchase Details

Listed on
May 6, 2019
Closed on
Jun 19, 2019
Sold by
Valence Properties Llc
Bought by
7038 Magazine Street Llc
Seller's Agent
Neil Forester
Compass Uptown (LATT07)
Buyer's Agent
John Schaff
Compass Historic (LATT09)
List Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$491,680
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 12, 2019
Sold by
Alvarado Elizabeth A and Alvarado Roger M
Bought by
Valence Properties Llc
Seller's Agent
Maria Zuniga-Lott
Compass Uptown-Maple St (LATT28)
Buyer's Agent
Neil Forester
Compass Uptown (LATT07)
List Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.61%
Original Mortgage
$301,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
7038 Magzaine Street Llc -- None Available
7038 Magazine Street Llc $457,500 Winters Title Agency Inc
Valence Properties Llc $335,000 Winters Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7038 Magazine Street Llc $491,680
Previous Owner Valence Properties Llc $301,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2019 06/19/19 Sold -- -- --
05/20/2019 05/20/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $449,000 +34.0% $275 / Sq Ft
02/12/2019 02/12/19 Sold -- -- -- View Prior Sale
01/16/2019 01/16/19 For Sale $335,000 -- $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 $9,109 $69,010 $16,200 $52,810
2024 $9,247 $69,010 $16,200 $52,810
2023 $5,703 $73,080 $12,600 $60,480
2022 $5,703 $40,530 $12,600 $27,930
2021 $6,046 $42,000 $12,600 $29,400
2020 $4,870 $33,500 $12,600 $20,900
2019 $3,264 $28,460 $12,600 $15,860
2018 $5,200 $33,750 $12,600 $21,150
2017 $4,965 $33,750 $12,600 $21,150
2016 $3,233 $21,300 $12,600 $8,700
2015 $3,167 $21,300 $10,800 $10,500
2014 -- $21,300 $10,800 $10,500
2013 -- $21,300 $10,800 $10,500
Source: Public Records

Agents Affiliated with this Home

  • Neil Forester

    Seller's Agent in 2019

    Neil Forester

    Compass Uptown (LATT07)

    (504) 874-7653

    1 in this area

    83 Total Sales

    Neil Forester
    Section Image
  • Maria Zuniga-Lott

    Seller's Agent in 2019

    Maria Zuniga-Lott

    Compass Uptown-Maple St (LATT28)

    (504) 377-7547

    1 in this area

    34 Total Sales

    Maria Zuniga-Lott
    Section Image

  • J

    Buyer's Agent in 2019

    John Schaff

    Compass Historic (LATT09)

    (504) 343-6683

    4 in this area

    72 Total Sales

    John Schaff
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2202600

APN: 6-15-3-011-05

Louisiana Orleans Parish New Orleans 70118 Audubon

7038 Magazine St, New Orleans, LA

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