NOT LISTED FOR SALE

1007 Fourth St New Orleans, LA 70130

Irish Channel Neighborhood

Estimated Value: $576,009 - $707,000

3 Beds
3 Baths
2,031 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 22, 2021

Current estimated payment $4,037/month

4 Days on Market

Highlights

  • Cottage
  • Window Unit Cooling System
  • Wood Siding
  • Oversized Lot
  • Courtyard
  • 5-minute walk to Burke Playground

About This Home

As of June 2021

FABULOUS income producing property in Irish Channel, half block to Mag St shops, restaurants + bars. Loads of original architectural features-hardwoods, fireplaces, crown moulding. Soaring ceilings w/ tons of natural light. Oversized lot w/ off-street parking, shared courtyard & laundry. Two 1 bed/1bath units + 1 studio w/ full kitchen. 2 units currently renting under market value w/ potential for income increases in the future. GREAT BONES! Exterior needs some attention - interior is great. Flood zone X.

Last Agent to Sell the Property

Francesca Brennan

Engel & Völkers New Orleans License #912122600 Listed on: 05/18/2021

Last Buyer's Agent

Chris Smith

Keller Williams Realty New Orleans License #000009641

Keller Williams Realty New Orleans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,375

Lot Details

  • Lot Dimensions are 50 x 95
  • Oversized Lot
  • Property is in average condition

Home Design

  • Triplex
  • Cottage
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,031 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Additional Features

  • Courtyard
  • City Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701301007FOURTHST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,375

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 50 x 95
  • Architectural Style: Cottage
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 100
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2031.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Construction Type: Wood Siding
  • Exterior Features: Courtyard
  • Foundation Details: Raised
  • Property Condition: Average Condition, Fixer
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Two Spaces

Utilities

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

Lot Info

  • Parcel #: 701301007FOURTHST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 22, 2021
Sold by
Alcorn Trina and Rodrigue Lorne J
Bought by
Mccracken Patrick N
Seller's Agent
Francesca Brennan
Engel & Völkers New Orleans
Buyer's Agent
Chris Smith
Keller Williams Realty New Orleans
List Price
$585,000
Current Estimated Value
$609,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$468,000
Outstanding Balance
$428,302
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$213,950
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
Mccracken Patrick N $585,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccracken Patrick N $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold -- -- --
05/23/2021 05/23/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $585,000 0.0% $288 / Sq Ft
03/22/2013 03/22/13 For Rent $1,250 -3.8% --
03/22/2013 03/22/13 Rented $1,300 -- --
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 $8,375 $70,300 $16,630 $53,670
2024 $7,901 $58,570 $16,630 $41,940
2023 $6,522 $55,580 $7,130 $48,450
2022 $6,522 $53,160 $7,130 $46,030
2021 $3,662 $33,930 $7,130 $26,800
2020 $3,662 $25,190 $7,130 $18,060
2019 $3,806 $25,190 $7,130 $18,060
2018 $3,881 $25,190 $7,130 $18,060
2017 $3,706 $25,190 $7,130 $18,060
2016 $4,098 $27,000 $5,700 $21,300
2015 $4,014 $27,000 $5,700 $21,300
2014 -- $27,000 $5,700 $21,300
2013 -- $13,800 $5,700 $8,100
Source: Public Records

Agents Affiliated with this Home

  • Francesca Brennan

    Seller's Agent in 2021

    Francesca Brennan

    Engel & Völkers New Orleans

    (504) 906-7428

    11 in this area

    191 Total Sales

    Section Image
  • Chris Smith

    Buyer's Agent in 2021

    Chris Smith

    Keller Williams Realty New Orleans

    (504) 231-2004

    23 in this area

    658 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2299969

APN: 4-11-2-024-10

Louisiana Orleans Parish New Orleans 70130 Irish Channel

1007 Fourth St, New Orleans, LA

This home is located at 1007 Fourth St, New Orleans, LA 70130 since 18 May 2021 and is currently estimated at $642,252, approximately $316 per square foot. 1007 Fourth St is a home located in Orleans Parish with nearby schools including ReNEW Laurel Academy, Audubon Uptown Upper School, and Warren Easton Senior High School.

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