NOT LISTED FOR SALE

1531 Lowerline St New Orleans, LA 70118

Audubon Neighborhood

Estimated Value: $469,481 - $587,000

4 Beds
4 Baths
3,000 Sq Ft
$182/Sq Ft Est. Value

Last Sold October 19, 2018

Current estimated payment $3,510/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Historic Home
  • Oversized Lot
  • Central Heating and Cooling System

About This Home

As of October 2018

Rare opportunity! 3000sq ft Uptown/ Carrollton double on a double-corner lot! Ttl of 6 beds,2 full baths &2- 1/2 baths. Can be subdivided into 2 lots(buyer must verify)! Many possibilities: live in one unit/ have rental income pay mortgage, build your dream home on lot, convert to single family & have coveted XL side yard, or sell the lot to fund renovations for the main structure! Original hardwood floors in great shape in the living & bedrooms.X flood. No sign in yard. Do not disturb tenants. Appt only.

Last Agent to Sell the Property

Rachel Loy

Watermark Realty, LLC License #NOM:995690148 Listed on: 09/06/2018

Co-Listed By

Olivia Price

United Real Estate Partners LLC License #NOM:995686728

Last Buyer's Agent

Preston Tedesco

Keller Williams Realty New Orleans License #NOM:0995688334

Keller Williams Realty New Orleans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,448

Lot Details

  • 5,218 Sq Ft Lot
  • Lot Dimensions are 58x90
  • Oversized Lot
  • Historic Home
  • Property is in average condition

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Internet Available

Additional Features

  • Porch
  • Outside City Limits

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 701181531LowerlineST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,448

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Traditional
  • Condition: Avg
  • ADA Features: No
  • Legal Description: FRIBURG SQ 24 LOT Q AND 16 LOWERLINE AND BIRCH 58X90 1531-33 LOWERLINE DUP-W FILE #62399 7-86 SUCN
  • Lp Amt Sq Ft: 150.00
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Year Renovated: 100
  • Age: 100
  • Age Description: Resale
  • Age Description 2: All Original, Historical
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Room Count: 12
  • Estimated Living Area: 3000
  • Total Sq Ft: 3000

Exterior Features

  • Pool Type: None
  • Exterior: Vinyl Siding
  • ExteriorFeatures: Porch
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Three or More, Off Street Parking
  • Internet: Yes

Utilities

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

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.1198
  • Elevation Certificate: No
  • Lot Description: Oversized, Regular
  • Lot Size: 58x90
  • Parcel #: 701181531LowerlineST

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 6
  • Total Full Baths All Units: 2
  • Total Half Baths All Units: 2
  • Total Rent All Units: 1800
  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2021
Sold by
Sc 2 Properties Llc
Bought by
Citizen Property I Llc
Current Estimated Value
$545,620

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 19, 2018
Sold by
Burkenstock Harold Lloyd
Bought by
Sc2 Properties Llc
Seller's Agent
Rachel Loy
Watermark Realty, LLC
Buyer's Agent
Preston Tedesco
Keller Williams Realty New Orleans
List Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Nov 3, 2011
Sold by
Rld 1531 Investments Llc
Bought by
Burkenstock Harold L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,234
Interest Rate
4.25%
Mortgage Type
FHA
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
Citizen Property I Llc -- None Available
Sc2 Properties Llc -- Founders Title
Burkenstock Harold L $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sc2 Properties Llc $3,313,480
Previous Owner 3000 0B 1 Llc $1,493,413
Previous Owner Burkenstock Harold L $183,234
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold -- -- --
09/08/2018 09/08/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $450,000 -- $150 / 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 $6,448 $48,850 $15,660 $33,190
2024 $6,545 $48,850 $15,660 $33,190
2023 $4,745 $34,950 $10,440 $24,510
2022 $4,745 $33,720 $10,440 $23,280
2021 $5,031 $34,950 $10,440 $24,510
2020 $5,645 $38,830 $10,440 $28,390
2019 $4,831 $38,830 $10,440 $28,390
2018 $4,925 $38,830 $10,440 $28,390
2017 $4,688 $38,830 $10,440 $28,390
2016 $1,976 $20,000 $10,440 $9,560
2015 $1,937 $20,000 $10,440 $9,560
2014 -- $20,000 $10,440 $9,560
2013 -- $20,000 $10,440 $9,560
Source: Public Records

Agents Affiliated with this Home

  • Rachel Loy

    Seller's Agent in 2018

    Rachel Loy

    Watermark Realty, LLC

    (504) 305-4930

    64 Total Sales

    Rachel Loy
    Section Image
  • Olivia Price

    Seller Co-Listing Agent in 2018

    Olivia Price

    United Real Estate Partners LLC

    (504) 343-4486

    1 in this area

    52 Total Sales

    Olivia Price
    Section Image

  • P

    Buyer's Agent in 2018

    Preston Tedesco

    Keller Williams Realty New Orleans

    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2171701

Gulf South Real Estate Information Network

APN: 6-15-3-098-08

Louisiana Orleans Parish New Orleans 70118 Audubon

1531 Lowerline St, New Orleans, LA

This home is located at 1531 Lowerline St, New Orleans, LA 70118 since 06 September 2018 and is currently estimated at $545,620, approximately $181 per square foot. 1531 Lowerline St is a home located in Orleans Parish with nearby schools including Kipp Believe College Prep (Phillips), The Willow School New Orleans, and Eleanor McMain Secondary 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.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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