$429,703 - $533,000
RENTED JUN 14, 2024

1432 Melpomene St New Orleans, LA 70130

Lower Garden District Neighborhood
5 Beds
3 Baths
1,784 Sq Ft
$263 Price per Sq Ft

Last Sold August 27, 2021

Current estimated payment $3,129/month

99 Days on Market

Highlights

  • Window Unit Cooling System
  • 2-minute walk to St Charles And Mlk Blvd/Melpomene
  • 4-minute walk to Coliseum Square
  • Property is in very good condition
  • Rectangular Lot

About This Home

As of August 2021

Be the first to live in this beautifully renovated downstairs apartment in an excellent Lower Garden District location! Walk 1 block to the St. Charles streetcar and take a short ride to the Warehouse district or French Quarter. Features included updated bathrooms and kitchen with stainless steel appliances. May remain furnished for an additional $150 a month. Ductless wall units for A/C and heat. Rent includes water and gas services. Electricity and internet can be added for an additional $200/month. Washer/dryer are shared with upstairs tenants. Pets under 50 pounds are considered on a case-by-case basis with pet deposit.

Last Agent to Sell the Property

Luis Ramos

Gulf South International, REALTORS, LLC License #912123376 Listed on: 04/19/2021

Last Buyer's Agent

Alexander Papai

Fathom Realty LA, LLC License #995701742

Fathom Realty LA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,041

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 27x63
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,784 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Additional Features

  • City Lot
  • Window Unit Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 701301432MELPOMENEAV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,041

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 27x63
  • Directions: comming from Jackson ave on St Charles make a right turn on Melphomne
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 100
  • Year Built: 1915
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 1784.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Frame, Other
  • Foundation Details: Slab
  • Property Condition: Very Good Condition, Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street, One Space

Utilities

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

Lot Info

  • Parcel #: 701301432MELPOMENEAV
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Aug 27, 2021
Sold by
Pineda Adelfa Garcia and Pineda Silviano
Bought by
Beachy George Nicholas and Beachy William Ditchburn
Seller's Agent
Luis Ramos
Gulf South International, REALTORS, LLC
Buyer's Agent
Alexander Papai
Fathom Realty LA, LLC
List Price
$425,000
Sold Price
$439,000
Premium/Discount to List
$14,000
3.29%
Total Days on Market
99
Current Estimated Value
$469,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,676
Avg. Annual Appreciation
1.80%
Original Mortgage
$351,200
Outstanding Balance
$321,899
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$147,777
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Beachy George Nicholas $439,000 Title Stream Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beachy George Nicholas $351,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Rented $1,900 0.0% --
05/17/2024 05/17/24 For Rent $1,900 0.0% --
08/27/2021 08/27/21 Sold -- -- --
07/28/2021 07/28/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $425,000 -- $238 / 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 $6,041 $45,770 $3,760 $42,010
2024 $6,133 $45,770 $3,760 $42,010
2023 $2,993 $22,200 $3,580 $18,620
2022 $2,993 $21,270 $3,580 $17,690
2021 $2,213 $22,200 $3,580 $18,620
2020 $2,234 $22,200 $3,580 $18,620
2019 $2,318 $22,200 $3,580 $18,620
2018 $2,362 $22,200 $3,580 $18,620
2017 $2,241 $22,200 $3,580 $18,620
2016 $2,310 $22,200 $3,580 $18,620
2015 $2,264 $22,200 $3,580 $18,620
2014 -- $22,200 $3,580 $18,620
2013 -- $22,200 $3,580 $18,620
Source: Public Records

Agents Affiliated with this Home

  • Kim Crews

    Seller's Agent in 2024

    Kim Crews

    RE/MAX

    1 in this area

    17 Total Sales

    Kim Crews
    Section Image
  • Lana Hunt

    Buyer's Agent in 2024

    Lana Hunt

    Keller Williams Realty New Orleans

    (225) 933-6459

    3 in this area

    79 Total Sales

    Lana Hunt
    Section Image
  • Luis Ramos

    Seller's Agent in 2021

    Luis Ramos

    Gulf South International, REALTORS, LLC

    (504) 400-9899

    1 in this area

    255 Total Sales

    Luis Ramos
    Section Image

  • A

    Buyer's Agent in 2021

    Alexander Papai

    Fathom Realty LA, LLC

    (504) 515-2005

    1 in this area

    17 Total Sales

    Alexander Papai
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2294527

APN: 1-01-1-055-02

Louisiana Orleans Parish New Orleans 70130 Lower Garden District

1432 Melpomene St, New Orleans, LA

This home is located at 1432 Melpomene St, New Orleans, LA 70130 since 19 April 2021 and is currently estimated at $469,676, approximately $263 per square foot. This property was built in 1915. 1432 Melpomene St is a home located in Orleans Parish with nearby schools including International School of Louisiana - Uptown Campus, The NET Charter High School, and Warren Easton Senior High School.

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