NOT LISTED FOR SALE

Estimated Value: $620,000 - $743,000

6 Beds
2 Baths
2,600 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 01, 2012

Current estimated payment $4,410/month

22 Days on Market

Highlights

  • Porch
  • Rectangular Lot
  • Wood Siding
  • Central Heating and Cooling System

About This Home

As of November 2012

Slam dunk investment property right across the street from Tulane University & surrounded by fraternity & sorority buildings. A no brainer - location, location, location - upstairs is a 3 bedrm, downstairs is being used as a 3 bedrm. Driveway with a carport at the rear. Laundry in outbuilding in rear yard. Property has deferred maintenance - location trumps any issues.

Last Agent to Sell the Property

Haj Langford

RE/MAX N.O. Properties License #000028636 Listed on: 10/09/2012

RE/MAX N.O. Properties

Last Buyer's Agent

Douglas Gordon

Douglas Gordon Real Estate, LLC License #000070840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,807

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 35 x 120
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Duplex
  • Raised Foundation
  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Driveway

Additional Features

  • Porch
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701181026BROADWAYST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,807

Year Built

1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 35 x 120
  • Directions: Across the street from Tulane on Broadway
  • Architectural Style: Other
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 9999
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1900

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2600.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition, Resale
  • Roof: Asbestos Shingle, Other

Garage/Parking

  • Parking Features: Carport, Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701181026BROADWAYST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2012
Closed on
Nov 1, 2012
Sold by
Velasco John T
Bought by
1026 Broadway Llc
Seller's Agent
Haj Langford
RE/MAX N.O. Properties
Buyer's Agent
Douglas Gordon
Douglas Gordon Real Estate, LLC
List Price
$430,000
Sold Price
$431,000
Premium/Discount to List
$1,000
0.23%
Total Days on Market
22
Current Estimated Value
$669,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,800
Avg. Annual Appreciation
3.56%
Original Mortgage
$21,993
Interest Rate
3.66%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
1026 Broadway Llc $431,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasco John T $21,993
Previous Owner Velasco John T $50,000,000
Previous Owner Velasco John T $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2012 11/01/12 Sold -- -- --
10/09/2012 10/09/12 For Sale $430,000 -- $165 / 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 $7,807 $59,150 $12,600 $46,550
2024 $7,926 $59,150 $12,600 $46,550
2023 $7,199 $53,410 $8,400 $45,010
2022 $7,199 $51,160 $8,400 $42,760
2021 $7,688 $53,410 $8,400 $45,010
2020 $6,061 $41,690 $8,400 $33,290
2019 $6,299 $41,690 $8,400 $33,290
2018 $6,424 $41,690 $8,400 $33,290
2017 $6,133 $41,690 $8,400 $33,290
2016 $5,889 $38,800 $8,400 $30,400
2015 $5,768 $38,800 $8,400 $30,400
2014 -- $38,800 $8,400 $30,400
2013 -- $29,590 $8,400 $21,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 929952

APN: 6-15-3-080-11