NOT LISTED FOR SALE

822 Franklin Ave New Orleans, LA 70117

Marigny Neighborhood

Estimated Value: $711,000 - $974,000

10 Beds
5 Baths
3,597 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 06, 2017

Current estimated payment $5,134/month

313 Days on Market

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • Heating System Uses Gas
  • Rectangular Lot
  • Historic Home

About This Home

As of October 2017

Bring this historic diamond in the rough back to its original charm. There are a total of 5 units; some renovations started on two units. The original hard pine floors and other historic features remain in the two upper units. Great opportunity for buyers who want to live in one of the hottest areas in the city and collect rent to boot! Investors dream!! Don't miss this one.

Last Agent to Sell the Property

Jerusha Williams

Rayford Realty NOLA LLC License #995692081 Listed on: 10/27/2016

Co-Listed By

Sheila Julien

LATTER & BLUM (LATT09) License #995681133

Last Buyer's Agent

KELLY SERIO

Berkshire Hathaway HomeServices Preferred, REALTOR License #995691821

Berkshire Hathaway HomeServices Preferred, REALTOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,397

Lot Details

  • Lot Dimensions are 30x147
  • Rectangular Lot
  • Historic Home
  • Property is in average condition

Home Design

  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,597 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 70117822FranklinAV17

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,397

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: 30x147
  • Co List Office Mls Id: LATT32
  • Co List Office Phone: (504) 242-9500
  • Directions: From I-10, proceed on Franklin Ave. toward the river. Property located on the right just past Burgundy St.
  • Architectural Style: Historic/Antique
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: 150
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • Living Area: 3597.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Wood Siding
  • Foundation Details: Raised
  • Property Condition: Average Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70117822FranklinAV17
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Oct 6, 2017
Sold by
Sparks Eugene
Bought by
Villarrubia Schmidtke Jeffrey Charles and Villarrubia Schmidtke Alissa
Seller's Agent
Jerusha Williams
Rayford Realty NOLA LLC
Buyer's Agent
KELLY SERIO
Berkshire Hathaway HomeServices Preferred, REALTOR
List Price
$550,000
Current Estimated Value
$815,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$640,000
Interest Rate
3.86%
Mortgage Type
Construction
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
Villarrubia Schmidtke Jeffrey Charles $450,000 Granite Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidtke Jeffrey C $627,600
Closed Schmidtke Alissa $657,000
Closed Villarrubia Schmidtke Jeffrey Charles $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold -- -- --
09/06/2017 09/06/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $550,000 -- $153 / 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 $8,397 $63,620 $12,610 $51,010
2024 $8,524 $63,620 $12,610 $51,010
2023 $6,450 $47,700 $10,510 $37,190
2022 $6,450 $45,840 $10,510 $35,330
2021 $6,866 $47,700 $10,510 $37,190
2020 $6,935 $47,700 $10,510 $37,190
2019 $6,980 $46,200 $10,510 $35,690
2018 $8,374 $54,350 $10,510 $43,840
2017 $4,405 $29,940 $10,510 $19,430
2016 $4,544 $29,940 $10,510 $19,430
2015 $2,379 $16,000 $3,360 $12,640
2014 -- $32,650 $3,360 $29,290
2013 -- $32,650 $3,360 $29,290
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jerusha Williams

    Rayford Realty NOLA LLC

    Section Image
  • Sheila Julien

    Seller Co-Listing Agent in 2017

    Sheila Julien

    LATTER & BLUM (LATT09)

    (504) 782-8180

    59 Total Sales

    Sheila Julien
    Section Image
  • KELLY SERIO

    Buyer's Agent in 2017

    KELLY SERIO

    Berkshire Hathaway HomeServices Preferred, REALTOR

    (504) 458-1609

    193 Total Sales

    KELLY SERIO
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2080037

APN: 3-8W-1-017-10

Louisiana Orleans Parish New Orleans 70117 Marigny

822 Franklin Ave, New Orleans, LA

This home is located at 822 Franklin Ave, New Orleans, LA 70117 since 27 October 2016 and is currently estimated at $815,333, approximately $226 per square foot. 822 Franklin Ave is a home located in Orleans Parish with nearby schools including Homer Plessy French Quarter Community School, Mary Bethune Elementary School, and KIPP Leadership Primary.

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