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1034 Franklin Avenue

1034 Franklin Avenue, New Orleans, LA 70117
Property in Marigny
1034 Franklin Avenue has been categorized by the local assessors in New Orleans, LA as a commercial type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1034 Franklin Avenue has 2,262 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,224 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Apr 19, 2007 for $227,500. That's $100.57 per sqft. 1034 Franklin Avenue was last assessed in 2023. The total value of the property was assessed at $56,770. Specifically, the land the property is located on was valued at $5,560. While improvements on the property were assessed at a total of $51,210. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,719. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Triplex
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,224
  • Total Building Area: 2,262
  • Gross Building Area: 2,262
  • Building Area: 2,262
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,262
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: FAUBOURG MARIGNY 8
  • Land Acres: 0.051
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • Legal Description 1: SQ 368 LOT 7 FRANKLIN 33 OVER 31X64 OVER 75 SGLE C/BACK 7/RM S/R AND STORE 1034-36 FRANKLIN AVENUE

Ownership

  • Current Owner : FERGUSON JOSEPH S
  • Previous Owner : KIMBLE DONALD R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 001800

Geography

  • District: 3-8 WARD
  • Parcel: 38W102810
  • Block: 368
  • Lot: 7
  • Municipality: DISTRICT 3
  • Latitude: 29.9687
  • Longitude: -90.0504

    Address

  • Full Address: 1034 Franklin Ave
  • Address - House Number: 1034
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C056
  • 4-Digit Zip Code: 7765
  • Zip Code: 70117

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,719

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,500
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Apr 20, 2007
  • First Open Lien Mortgage Loan Amount: $170,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 20, 2037

    Market Valuation

  • Market Total Value: $506,800
  • Market Land Value: $55,600
  • Market Improvement Value: $451,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,770
  • Assessed Land Value: $5,560
  • Assessed Improvements Value: $51,210

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2007
  • Current Sale Recording Date: Apr 20, 2007
  • Current Sale Transaction ID: 1181657430
  • Current Sale Price: $227,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Apr 20, 2007
  • First Mortgage Loan Amount: $170,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Bywater



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$8,000 /mo

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Listing by AL SIDHOM
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Listing by AL SIDHOM
Unit for rent at

$2,750 /mo

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Listing by AARON DARE
Unit for rent at

$2,600 /mo

  • 1 Bed
  • 1 Bath
  • 784 ft²
Listing by SUZANNA DISHMAN

Frequently Asked Questions

What neighborhood is 1034 Franklin Avenue located in?
The 1034 Franklin Avenue is a located in the neighborhood of Marigny in Bywater, New Orleans.
What is the average sales price for listings in 1034 Franklin Avenue?
The average sales price for units in 1034 Franklin Avenue is $0 currently.

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