NOT LISTED FOR SALE

Estimated Value: $550,000 - $644,000

4 Beds
1 Bath
2,053 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 25, 2023

Current estimated payment $3,992/month

21 Days on Market

Highlights

  • Shotgun Architecture
  • Wood Siding
  • 2-minute walk to Cabrini Playground
  • Courtyard
  • Property has 1 Level

About This Home

As of September 2023

French Quarter Tri-Plex: A Historic, Italianate Gem with Endless Potential! Welcome to this unique opportunity to own a historic fixer-upper in the heart of the iconic French Quarter. This remarkable property is comprised of three individual units, and presents itself as a rare diamond in the rough, awaiting your creative vision to restore it to its former grandeur. Nestled within the residential area of the French Quarter, this property features unique details that pay homage to its storied past. The allure of this home is enhanced by the larger courtyard, providing a private and serene oasis. Each unit offers its own distinct character, for a savvy investor seeking rental income or an owner-occupant looking to live in one and lease the others. With some renovations, these units can be transformed into elegant and sought-after residences, reflecting the classic New Orleans style. Some updated plumbing and electrical. All utilities are on. 1 water meter and 3 separate electric/gas meters. Opportunities like this are exceedingly rare. Embrace the challenge of revitalizing this historic home and create a legacy that will be cherished for generations to come.

Last Agent to Sell the Property

Lisa Shedlock

FQR Realtors License #NOM:995689421 Listed on: 07/23/2023

Co-Listed By

ED SHEDLOCK

FQR Realtors License #NOM:995695752

Last Buyer's Agent

Bryan Francher & Leslie Perrin

LATTER & BLUM (LATT28) License #NOM:000017536

LATTER & BLUM (LATT28)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,770

Year Built

  • Built in 1896

Lot Details

  • Lot Dimensions are 32x104
  • Property is in below average condition

Home Design

  • Triplex
  • Shotgun Architecture
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,053 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Additional Features

  • Courtyard
  • Outside City Limits

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,770

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 3 Plex
  • Style: Shot Gun
  • Condition: Fair
  • ADA Features: No
  • Legal Description: SQ 54 LOT 30 OR 3 BOURBON 32X104
  • Lp Amt Sq Ft: 267.90
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 1896
  • Age: 100
  • Age Description: Resale
  • Age Description 2: Age Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1896

Interior Features

  • Estimated Living Area: 2053
  • Total Sq Ft: 2053

Exterior Features

  • Exterior: Wood Siding
  • ExteriorFeatures: Courtyard
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None

Utilities

  • Air Conditioner: Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Window Unit
  • 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: 32X104

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 4
  • Total Full Baths All Units: 3
  • Total Units: 3
  • Unit Count: 3

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Dail Austin T $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold -- -- --
08/08/2023 08/08/23 Price Changed $550,000 -9.2% $268 / Sq Ft
07/23/2023 07/23/23 For Sale $605,500 -- $295 / 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 $6,770 $58,140 $20,850 $37,290
2024 $6,872 $58,140 $20,850 $37,290
2023 $6,749 $54,770 $20,850 $33,920
2022 $6,749 $54,770 $20,850 $33,920
2021 $7,158 $56,550 $20,850 $35,700
2020 $7,228 $56,550 $20,850 $35,700
2019 $7,258 $54,900 $20,850 $34,050
2018 $7,401 $54,900 $20,850 $34,050
2017 $4,319 $36,320 $19,970 $16,350
2016 $4,453 $36,320 $19,970 $16,350
2015 $4,363 $36,320 $19,970 $16,350
2014 -- $36,320 $19,970 $16,350
2013 -- $36,320 $19,970 $16,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2405365

Gulf South Real Estate Information Network

APN: 2-08-1-012-08