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1328 Esplanade Avenue

1328 Esplanade Avenue, New Orleans, LA 70116
Property in Treme - Lafitte
Sold Dec 11, 2019
$930,000
$350,000 by Fidelity Bank
Mortgage Due Dec 11, 2049
1328 Esplanade Avenue in New Orleans, LA was first built in 1910 and is 114 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 2 floors. There are a total of 24 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 1328 Esplanade Avenue has 2,929 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,056 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1328 Esplanade Avenue sold most recently in Dec 11, 2019 for a total of $930,000. If you work out the math, that's approximately a cost of $266.63 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,959 in taxes each year. The initial year of tax delinquency occurred in 2018. 1328 Esplanade Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $88,350. If we break it down further, the land itself was valued at $15,170. Improvements to the property, however, were assessed at a total of $73,180. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 24
  • Bedroom Count: 9
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Quadplex
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,056
  • Total Building Area: 3,488
  • Gross Building Area: 3,488
  • Building Area: 3,488
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,929
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.116
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • County Land Use Code: Intangable personal property
  • Legal Description 1: SQ 172 173 LOT A ESPLANADE 32X160

Ownership

  • Current Owner : SHANNON JEANNE RAYER
  • Previous Owner : DREAM SCOPE DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 003900

Geography

  • District: 2-8 WARD
  • Parcel: 208104113
  • Block: 172
  • Lot: A
  • Municipality: DISTRICT 2
  • Latitude: 29.9678
  • Longitude: -90.0668

    Address

  • Full Address: 1328 Esplanade Ave
  • Address - House Number: 1328
  • Address - Street Name: Esplanade
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C015
  • 4-Digit Zip Code: 1860
  • Zip Code: 70116

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,959
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1182
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 87
  • Final Value: 1,268,728
  • High Value: 1,418,727
  • Low Value: 1,118,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Dec 11, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 11, 2049

    Market Valuation

  • Market Total Value: $883,500
  • Market Land Value: $151,700
  • Market Improvement Value: $731,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,350
  • Assessed Land Value: $15,170
  • Assessed Improvements Value: $73,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2019
  • Current Sale Recording Date: Dec 11, 2019
  • Current Sale Transaction ID: 11711636848
  • Current Sale Price: $930,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201949572

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY BANK
  • First Mortgage Transaction Date: Dec 11, 2019
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mid-City



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Frequently Asked Questions

What neighborhood is 1328 Esplanade Avenue located in?
The 1328 Esplanade Avenue is a located in the neighborhood of Treme - Lafitte in Mid-City, New Orleans.
What is the average sales price for listings in 1328 Esplanade Avenue?
The average sales price for units in 1328 Esplanade Avenue is $0 currently.

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