NOT LISTED FOR SALE

Estimated Value: $23,121 - $198,000

0.14 Acre
$648,370 Price per Acre
5,881 Sq Ft Lot

Last Sold March 05, 2021

Current estimated payment $503/month

136 Days on Market

About This Lot

As of March 2021

Investors/Entrepreneurs Special! Do not miss out on this opportunity by the high-traffic corner of Downman Rd and Morrison Ave, in N.O. East. Minutes away from I-10, U.N.O & the Lakefront. 60' of frontage on Downman Rd with a deep lot. Existing comm. business and multi-family res. on both sides of the site. The landscaping is maintained and the lot is cleared, excluding a slab. Motivated Sellers, make an offer!

Last Agent to Sell the Property

Ravi Shetye

RS Realty Group LLC License #995704547 Listed on: 09/19/2020

Last Buyer's Agent

Ravi Shetye

RS Realty Group LLC License #995704547 Listed on: 09/19/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $194

Lot Details

  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as SB-1

Location

  • City Lot

Listing and Financial Details

  • Legal Lot and Block 43 / 7000
  • Assessor Parcel Number 701267319DOWNMANRD43

Property Details

Property Type

Land

Est. Annual Taxes

$194

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size: 5880
  • Road Surface Type: Concrete
  • Directions: Corner of Downman Rd & Morrison Ave
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: City Lot, Rectangular Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial
  • Parcel #: 701267319DOWNMANRD43
  • Zoning Description: SB-1
  • Zoning: SB-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 7000
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Mar 5, 2021
Sold by
Dua Ritu and Dua Somesh Kumar
Bought by
Tha Smoke Booth Llc
Seller's Agent
Ravi Shetye
RS Realty Group LLC
Buyer's Agent
Ravi Shetye
RS Realty Group LLC
List Price
$29,999
Current Estimated Value
$89,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.26%

Purchase Details

Closed on
Jun 14, 2016
Sold by
City Of New Orleans A Political Subdivis
Bought by
Dua Somesh K and Dua Ritu
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
Tha Smoke Booth Llc $23,900 Bayou Title Inc
Dua Somesh K $9,010 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold -- -- --
02/03/2021 02/03/21 Pending -- -- --
09/19/2020 09/19/20 For Sale $29,999 -- --
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 $194 $1,470 $1,470 $0
2024 $197 $1,470 $1,470 $0
2023 $124 $880 $880 $0
2022 $124 $880 $880 $0
2021 $127 $880 $880 $0
2020 $128 $880 $880 $0
2019 $178 $1,180 $1,180 $0
2018 $182 $1,180 $1,180 $0
2017 $174 $1,180 $1,180 $0
2016 $179 $1,180 $1,180 $0
2015 $262 $1,760 $1,760 $0
2014 -- $1,760 $1,760 $0
2013 -- $1,760 $1,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2269924

APN: 3-9W-0-241-11