NOT LISTED FOR SALE

1132 Melpomene St New Orleans, LA 70130

Lower Garden District Neighborhood

Estimated Value: $505,000 - $757,000

6 Beds
4 Baths
2,500 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 17, 2023

Current estimated payment $4,281/month

37 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to St Charles And Mlk Blvd/Melpomene
  • Exterior Cameras
  • Porch
  • Courtyard
  • 3-minute walk to Coliseum Square

About This Home

As of July 2023

Turn-key income producing Double in the Lower Garden District! New roof in 2023 and a total renovation in 2015 maximizes historic charm with modern living. Each side has 2 beds, 2.5 baths with private courtyards. Beautiful hardwood floors throughout, continue to use as corporate rental or live in one side and pay mortgage with tenant! Great location, 1/2 block to Coliseum Square, and only two blocks to St. Charles where you can catch the streetcar to the French Quarter! Corporate rental rates exceed $8000 per month! Property has separate meters for electric and water.

Last Agent to Sell the Property

Sarah Martzolf

McEnery Residential, LLC License #NOM:000037928 Listed on: 05/08/2023

McEnery Residential, LLC

Last Buyer's Agent

CONSTANCE O'BRIEN

Snap Realty License #NOM:000019061

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,864

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • Fenced
  • Historic Home
  • Property is in excellent condition

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 1 Level
  • Exterior Cameras
  • Laundry in unit

Outdoor Features

  • Courtyard
  • Porch

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Internet Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,864

Year Built

Built in 2016 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Traditional
  • Condition: Excellent
  • ADA Features: No
  • Legal Description: 1. SQ 153 LOT C MELPOMENE 2. 31 11X63 11 3. LTC APPRAISAL ** 4. 130 YRS OLD +/- 5. 6 BD, 2 BA
  • Lp Amt Sq Ft: 299.60
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Year Renovated: 2016
  • Age: 100
  • Age Description: Resale
  • Age Description 2: Historical, Remodeled structural changes - all major mechanical systems i.e. HVAC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Estimated Living Area: 2500
  • Total Sq Ft: 2500

Exterior Features

  • Pool Type: None
  • Exterior: Hardy Plank, Wood Siding
  • ExteriorFeatures: Courtyard, Fence, Porch, Security Cameras
  • Foundation: Raised
  • Roof Type: Asphalt, Seal Tab

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Owner
  • Gas Type: Natural
  • Heating: Central, Heat Pump
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 2040 sq ft

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Owner
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 4
  • Total Full Baths All Units: 4
  • Total Half Baths All Units: 2
  • Total Rent All Units: 8550
  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2021
Sold by
Weiss Austin D
Bought by
Carroll Bettine Field
Current Estimated Value
$680,660

Purchase Details

Listed on
Jan 18, 2020
Closed on
Feb 28, 2020
Sold by
Melpomene Ventures I Llc
Bought by
Carroll Bettine Field and Weiss Austin D
Seller's Agent
CHARLES BAKER
Baker Cowan Realty
Buyer's Agent
CHARLES BAKER
Baker Cowan Realty
List Price
$659,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$468,750
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Carroll Bettine Field -- None Listed On Document
Carroll Bettine Field $625,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piersanti Alana D $621,350
Previous Owner Carroll Bettine Field $468,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold -- -- --
06/16/2023 06/16/23 For Sale $749,000 0.0% $300 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/31/2023 05/31/23 Price Changed $749,000 -1.3% $300 / Sq Ft
05/08/2023 05/08/23 For Sale $759,000 +15.2% $304 / Sq Ft
02/28/2020 02/28/20 Sold -- -- --
01/29/2020 01/29/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $659,000 +128.0% $264 / Sq Ft
06/11/2015 06/11/15 Sold -- -- --
05/20/2015 05/20/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $289,000 -- $116 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $7,864 $59,580 $4,280 $55,300
2024 $7,983 $59,580 $4,280 $55,300
2023 $7,967 $59,380 $4,080 $55,300
2022 $7,967 $56,620 $4,080 $52,540
2021 $8,548 $59,380 $4,080 $55,300
2020 $4,201 $28,900 $4,080 $24,820
2019 $4,366 $28,900 $4,080 $24,820
2018 $4,453 $28,900 $4,080 $24,820
2017 $4,252 $28,900 $4,080 $24,820
2016 $4,386 $28,900 $4,080 $24,820
2015 $2,569 $17,280 $4,080 $13,200
2014 -- $17,280 $4,080 $13,200
2013 -- $17,280 $4,080 $13,200
Source: Public Records

Agents Affiliated with this Home

  • Sarah Martzolf

    Seller's Agent in 2023

    Sarah Martzolf

    McEnery Residential, LLC

    (504) 605-4400

    19 in this area

    274 Total Sales

    Sarah Martzolf
    Section Image

  • C

    Buyer's Agent in 2023

    CONSTANCE O'BRIEN

    Snap Realty

    (504) 231-2767

    10 in this area

    59 Total Sales

    CONSTANCE O'BRIEN
    Section Image
  • CHARLES BAKER

    Seller's Agent in 2020

    CHARLES BAKER

    Baker Cowan Realty

    (504) 994-3951

    2 in this area

    35 Total Sales

    CHARLES BAKER
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Christopher Atkinson

    Baker Cowan Realty

    (504) 571-5833

    4 in this area

    18 Total Sales

    Christopher Atkinson
    Section Image
  • Chris Smith

    Seller's Agent in 2015

    Chris Smith

    Keller Williams Realty New Orleans

    (504) 231-2004

    29 in this area

    642 Total Sales

    Chris Smith
    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2392909

Gulf South Real Estate Information Network

APN: 1-01-1-051-25

Louisiana Orleans Parish New Orleans 70130 Lower Garden District

1132 Melpomene St, New Orleans, LA

This home is located at 1132 Melpomene St, New Orleans, LA 70130 since 08 May 2023 and is currently estimated at $680,660, approximately $272 per square foot. This property was built in 2016. 1132 Melpomene St is a home located in Orleans Parish with nearby schools including ReNEW Laurel Academy, International School of Louisiana - Uptown Campus, and The NET Charter High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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