NOT LISTED FOR SALE

1518 Gov Nicholls St New Orleans, LA 70116

Treme-Lafitte Neighborhood

Estimated Value: $654,000 - $912,000

2 Beds
3 Baths
2,754 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 29, 2017

Current estimated payment $4,606/month

56 Days on Market

Highlights

  • Victorian Architecture
  • Courtyard
  • Central Heating and Cooling System
  • Porch
  • Exterior Cameras
  • 4-minute walk to Treme Recreation Community Center

About This Home

As of September 2017

Two beautifully restored homes found on one lot, this listing actually contains three total units. Both homes have been beautifully restored to their original states in 2004 allowing the new owner to enjoy the historic features originally built into these homes. Located in the Tremè neighborhood, the property is just a few blocks from the French Quarter. 1518 is just over 600 sq ft. with 1 brm 1bath, 1522 is almost 600 sq ft. with 1 brm 1 bath, 1524 is is just over 1500 sq ft with 2 brms 2 bath.

Last Agent to Sell the Property

Clint LaCour

REVE, REALTORS License #NOM:000078050 Listed on: 06/24/2017

REVE, REALTORS

Last Buyer's Agent

GRETA GARNER

Garner & Co. Real Estate, LLC License #NOM:995683127

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 2,688 Sq Ft Lot
  • Fenced
  • Irregular Lot
  • Property is in excellent condition

Home Design

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

Interior Spaces

  • 2,754 Sq Ft Home
  • 1-Story Property
  • Exterior Cameras

Outdoor Features

  • Courtyard
  • Porch

Location

  • Outside City Limits

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 701161518GOVNICHOLLSST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,022

Year Built

Built in 2004 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 3 Plex
  • Style: Victorian
  • Condition: Excellent
  • ADA Features: No
  • Legal Description: SQ 176 LOT 12 GOV NICHOLLS 52X118XVAR 1518-24 GOV NICHOLLS
  • Lp Amt Sq Ft: 214.23
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Year Renovated: 2004
  • Age: 132
  • Age Description: Resale
  • Age Description 2: Remodeled structural changes - all major mechanical systems i.e. HVAC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Room Count: 16
  • Estimated Living Area: 2754
  • Total Sq Ft: 2754

Exterior Features

  • Exterior: Wood Siding
  • ExteriorFeatures: Courtyard, Fence, Porch, Security Cameras
  • Foundation: Raised
  • Roof Type: Seal Tab

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central, Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central, Window Unit
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Acres: 0.0617
  • Elevation Certificate: No
  • Lot Description: Irregular
  • Lot Size: 52X118XVAR
  • Parcel #: 701161518GOVNICHOLLSST

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 4
  • Total Full Baths All Units: 4
  • Total Rent All Units: 775
  • Total Units: 3
  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2020
Sold by
Cothern Jonathan D
Bought by
Burton Daniel Leroy
Current Estimated Value
$760,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Outstanding Balance
$396,683
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$363,984

Purchase Details

Listed on
Jun 24, 2017
Closed on
Sep 29, 2017
Sold by
Berthiaume Christine
Bought by
Burton Daniel L and Cohern Jonathan D
Seller's Agent
Clint LaCour
REVE, REALTORS
Buyer's Agent
GRETA GARNER
Garner & Co. Real Estate, LLC
List Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$452,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Burton Daniel Leroy $150 Granite Title Agency Inc
Burton Daniel L $565,000 Granite Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton Daniel Leroy $447,000
Previous Owner Burton Daniel L $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold -- -- --
08/19/2017 08/19/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $650,000 -- $236 / 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 $7,022 $60,050 $5,380 $54,670
2024 $7,128 $60,050 $5,380 $54,670
2023 $5,868 $50,850 $4,030 $46,820
2022 $5,868 $48,510 $4,030 $44,480
2021 $7,320 $50,850 $4,030 $46,820
2020 $7,393 $50,850 $4,030 $46,820
2019 $3,022 $20,000 $1,080 $18,920
2018 $2,023 $20,000 $1,080 $18,920
2017 $1,918 $20,000 $1,080 $18,920
2016 $1,976 $20,000 $1,080 $18,920
2015 $1,937 $20,000 $1,080 $18,920
2014 -- $20,000 $1,080 $18,920
2013 -- $20,000 $1,080 $18,920
Source: Public Records

Agents Affiliated with this Home

  • Clint LaCour

    Seller's Agent in 2017

    Clint LaCour

    REVE, REALTORS

    (504) 419-8395

    7 in this area

    123 Total Sales

    Clint LaCour
    Section Image
  • GRETA GARNER

    Buyer's Agent in 2017

    GRETA GARNER

    Garner & Co. Real Estate, LLC

    1 in this area

    54 Total Sales

    GRETA GARNER
    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2111624

Gulf South Real Estate Information Network

APN: 2-08-1-043-12

Louisiana Orleans Parish New Orleans 70116 Treme-Lafitte

1518 Gov Nicholls St, New Orleans, LA

This home is located at 1518 Gov Nicholls St, New Orleans, LA 70116 since 24 June 2017 and is currently estimated at $760,667, approximately $276 per square foot. This property was built in 2004. 1518 Gov Nicholls 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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