NOT LISTED FOR SALE

Estimated Value: $545,019 - $759,000

6 Beds
4 Baths
3,135 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 24, 2020

Current estimated payment $4,041/month

53 Days on Market

Highlights

  • Victorian Architecture
  • 3-minute walk to St Charles And Mlk Blvd/Melpomene
  • Window Unit Cooling System
  • Balcony
  • Porch
  • 3-minute walk to Coliseum Square

About This Home

As of January 2020

Rare opportunity to be a part of the revitalization of the LGD with this Victorian 4-plex. Walk to EVERYTHING!! Steps away from Coliseum Square, St Charles Ave, Parade routes, LGD shopping, restaurants, coffee shops, museums. Zoned for investment, can be STR with Homestead exemption or long term rentals. Solid investment opportunity. Upper units are 2 bed/ 1 bath, lower units are 1 bed/1bath, all units have sep. living areas. Property to be sold as is. Sellers to make no repairs.

Last Agent to Sell the Property

Tina Scott

Keller Williams Realty New Orleans License #995697843 Listed on: 11/01/2019

Keller Williams Realty New Orleans

Last Buyer's Agent

Austin Barbin

Thrive Real Estate LLC License #995702378

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,450

Lot Details

  • 2,243 Sq Ft Lot
  • Lot Dimensions are 46.7x120
  • Fenced
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Victorian Architecture
  • Raised Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,135 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701301410-16MelpomeneST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,450

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0515
  • Lot Size: 46.7x120
  • Directions: From St Charles, turn onto Melpomene, Property will be on right.
  • Architectural Style: Victorian
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 110
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 3135.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Fence, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony, Porch
  • Property Condition: Average Condition, Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: None

Utilities

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

Lot Info

  • Parcel #: 701301410-16MelpomeneST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Hingle Brooke Jon
Bought by
Barbin Austin Shan
Current Estimated Value
$644,255

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 24, 2020
Sold by
Fera David Michael
Bought by
Barbin Austin S and Hingle Brooke J
Seller's Agent
Tina Scott
Keller Williams Realty New Orleans
Buyer's Agent
Austin Barbin
Thrive Real Estate LLC
List Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$535,128
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2013
Sold by
Bradley Sara K E
Bought by
Fera David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Colgan Kenneth
Bought by
Paqrks Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.93%
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
Barbin Austin Shan -- --
Barbin Austin S $545,000 Crescent Title Llc
Fera David M $20,000 --
Paqrks Timothy $86,917 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbin Austin Shan $510,000
Previous Owner Barbin Austin S $535,128
Previous Owner Fera David Michael $320,000
Previous Owner Essex Sara Kathryn $328,000
Previous Owner Paqrks Timothy $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold -- -- --
12/25/2019 12/25/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $545,000 -- $174 / 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 $6,450 $55,710 $4,710 $51,000
2024 $6,546 $55,710 $4,710 $51,000
2023 $5,014 $51,780 $4,480 $47,300
2022 $5,014 $49,420 $4,480 $44,940
2021 $7,454 $51,780 $4,480 $47,300
2020 $3,522 $31,060 $4,480 $26,580
2019 $3,657 $31,060 $4,480 $26,580
2018 $3,727 $31,060 $4,480 $26,580
2017 $3,545 $31,060 $4,480 $26,580
2016 $3,654 $31,060 $4,480 $26,580
2015 $3,581 $31,060 $4,480 $26,580
2014 -- $31,060 $4,480 $26,580
2013 -- $31,060 $4,480 $26,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2228968

APN: 1-01-1-055-06