NOT LISTED FOR SALE

Estimated Value: $348,000 - $573,000

4 Beds
2 Baths
3,045 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 19, 2019

Current estimated payment $3,042/month

3 Days on Market

Highlights

  • Courtyard
  • 1-minute walk to Canal And Murat
  • Fenced
  • Central Heating and Cooling System
  • Property is in very good condition

About This Home

As of December 2019

Charming Investment Opportunity in Prime Mid-City Location. Spacious Owner's Unit Upstairs w/2 beds/2 baths; 3 Lower Units w/1 bed/1 Bath each. Separate Back House w/1 Bed & 1 Bath. Community Laundry Room w/Coin Operated Washer/Dryer. All Units Renovated after Katrina & well maintained w/Long-Term Tenants. Courtyard between Main House & Back House w/Side Entrance to Rental Units. Living Area Total does NOT include 554 SQFT Rear House. Currently approved by City as Tri-Plex w/ 3 electric meters. Zoned

Last Agent to Sell the Property

GiGi Burk

Burk Brokerage, LLC License #NOM:000051897 Listed on: 11/05/2019

Last Buyer's Agent

GiGi Burk

Burk Brokerage, LLC License #NOM:000051897 Listed on: 11/05/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,016

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • Lot Dimensions are 30x120
  • Fenced
  • Property is in very good condition

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 3,045 Sq Ft Home
  • Property has 2 Levels
  • Raised Basement

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System
  • Internet Available

Additional Features

  • Courtyard
  • Outside City Limits

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 70119133NMURATST14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,016

Year Built

Built in 2006 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Other
  • Style: Raised Basement
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 597 LOT 14 N MURAT 30X120 133-35 N MURAT ST
  • Lp Amt Sq Ft: 157.31
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 2
  • Year Renovated: 2006
  • Age: 90
  • Age Description: Resale
  • Age Description 2: Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Room Count: 12
  • Estimated Living Area: 3045
  • Total Sq Ft: 3045

Exterior Features

  • Pool Type: None
  • Exterior: Stucco, Vinyl Siding
  • ExteriorFeatures: Courtyard, Fence
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central, Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Owner
  • Gas Type: Natural
  • Heating: Central, Window Unit
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 14
  • Lot Size: 30x120
  • Parcel #: 70119133NMURATST14

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: 6
  • Total Full Baths All Units: 6
  • Total Rent All Units: 2520
  • Total Units: 5
  • Unit Count: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2019
Sold by
Acutt Carol Carimi and Acutt Robin A
Bought by
Doherty Vance Nicholas
Current Estimated Value
$481,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$347,089
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$146,710

Purchase Details

Closed on
May 26, 2015
Sold by
Miramar Designs Llc
Bought by
Acutt Carol C

Purchase Details

Closed on
Dec 23, 2014
Sold by
Alessi Saundra D
Bought by
Miramar Designs Llc
Source: Public Records

Range of Values:

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Average Value
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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
Doherty Vance Nicholas $490,000 Le Fleur De Lis Title Co
Acutt Carol C $400,000 --
Miramar Designs Llc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doherty Vance Nicholas $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2019 12/19/19 Sold -- -- --
11/08/2019 11/08/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $479,000 -- $157 / 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 $6,016 $44,100 $7,990 $36,110
2024 $5,909 $44,100 $7,990 $36,110
2023 $6,465 $46,550 $6,660 $39,890
2022 $6,465 $44,560 $6,660 $37,900
2021 $6,896 $46,550 $6,660 $39,890
2020 $5,429 $36,000 $6,660 $29,340
2019 $5,639 $36,000 $4,000 $32,000
2018 $5,767 $36,000 $4,000 $32,000
2017 $6,105 $40,000 $2,220 $37,780
2016 $6,271 $40,000 $2,220 $37,780
2015 $2,729 $17,010 $2,220 $14,790
2014 -- $17,010 $2,220 $14,790
2013 -- $14,000 $3,110 $10,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2229818

Gulf South Real Estate Information Network

APN: 1-05-3-086-15