NOT LISTED FOR SALE

1431 N Derbigny St New Orleans, LA 70116

7th Ward Neighborhood

Estimated Value: $292,000 - $425,000

8 Beds
4 Baths
4,400 Sq Ft
$79/Sq Ft Est. Value

Last Sold January 26, 2023

Current estimated payment $2,208/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Rectangular Lot
  • Porch
  • Central Heating and Cooling System
  • Fenced

About This Home

As of January 2023

Incredible opportunity to renovate & live in Esplanade Ridge! Rare 4 plex property, $6,000+ monthly potential rent income once updated. Solid structure zoned partial historical, offers multitude of ways to configure & make 3 bdrm units. Enclose under porch for add. sq/ft & bring kitchen to front. Top units NOT shotgun, has wood flooring & HVAC! Sits in a coveted, prime location feet from the beautiful Esplanade Ave, midway between the French Quarter/River & Bayou St John/City Park! Bring Offers! Flood X!

Last Agent to Sell the Property

Adonica Davis

Keller Williams Realty New Orleans License #995695551 Listed on: 10/27/2022

Keller Williams Realty New Orleans

Last Buyer's Agent

Brandy Dufrene

RE/MAX Affiliates License #000050993

RE/MAX Affiliates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,409

Lot Details

  • Lot Dimensions are 36x116
  • Fenced
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,400 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 701161431-33NDerbignyST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,409

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 36x116
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 60
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 4400.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Exterior Features: Fence, Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition, Fixer
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, Two Spaces

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 #: 701161431-33NDerbignyST
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jan 25, 2023
Sold by
Patterson Freeman
Bought by
Home Reincarnation Llc
Seller's Agent
Adonica Davis
Keller Williams Realty New Orleans
Buyer's Agent
Brandy Dufrene
RE/MAX Affiliates
List Price
$299,000
Views
3
Current Estimated Value
$348,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%
Original Mortgage
$481,000
Outstanding Balance
$467,949
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
-$119,616
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
Home Reincarnation Llc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Home Reincarnation Llc $481,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold -- -- --
12/21/2022 12/21/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $299,000 0.0% $68 / Sq Ft
12/12/2022 12/12/22 Price Changed $299,000 -14.6% $68 / Sq Ft
12/06/2022 12/06/22 Price Changed $350,000 -30.0% $80 / Sq Ft
10/27/2022 10/27/22 For Sale $500,000 -- $114 / 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 $3,409 $25,830 $5,010 $20,820
2024 $3,461 $25,830 $5,010 $20,820
2023 $1,603 $13,600 $3,500 $10,100
2022 $1,603 $13,100 $3,500 $9,600
2021 $1,711 $13,600 $3,500 $10,100
2020 $1,452 $11,700 $1,600 $10,100
2019 $1,508 $11,700 $1,600 $10,100
2018 $84 $6,500 $1,250 $5,250
2017 $68 $6,500 $1,250 $5,250
2016 $68 $6,500 $1,250 $5,250
2015 $68 $6,500 $1,250 $5,250
2014 -- $6,500 $1,250 $5,250
2013 -- $6,500 $1,250 $5,250
Source: Public Records

Agents Affiliated with this Home

  • Adonica Davis

    Seller's Agent in 2023

    Adonica Davis

    Keller Williams Realty New Orleans

    (504) 339-4234

    5 in this area

    48 Total Sales

    Section Image
  • Brandy Dufrene

    Buyer's Agent in 2023

    Brandy Dufrene

    RE/MAX

    (504) 330-2963

    3 in this area

    288 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2369566

APN: 3-7W-1-088-13

Louisiana Orleans Parish New Orleans 70116 7th Ward

1431 N Derbigny St, New Orleans, LA

This home is located at 1431 N Derbigny St, New Orleans, LA 70116 since 27 October 2022 and is currently estimated at $348,333, approximately $79 per square foot. 1431 N Derbigny St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Bricolage Academy, and Homer Plessy French Quarter Community School.

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