NOT LISTED FOR SALE

1531 Tropic Dr New Orleans, LA 70131

Old Aurora Neighborhood

Estimated Value: $178,000 - $199,000

3 Beds
2 Baths
1,422 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 16, 2023

Current estimated payment $1,091/month

97 Days on Market

Highlights

  • Traditional Architecture
  • Stone Countertops
  • Central Heating and Cooling System
  • Attic
  • Stainless Steel Appliances
  • Ceiling Fan

About This Home

As of August 2023

NEW ROOF AND WELL-MAINTAINED HVAC SYSTEM TO KEEP YOU COOL DURING THESE HOT SUMMER MONTHS, GREAT LOCATION!! MAKE THIS HOME YOUR OWN! Come check out this well-maintained three-bedroom brick home located in Algiers! The home features new roofing and fence, three bedrooms and two bathrooms, a spacious backyard for entertaining, a galley kitchen, and a cozy fireplace! Whether you're a first-time home buyer or looking to expand your real estate portfolio, you wouldn’t want to pass this up! Call today for a private viewing!

Last Agent to Sell the Property

MEG EBANKS

Snap Realty License #995709420 Listed on: 04/05/2023

Last Buyer's Agent

MEG EBANKS

Snap Realty License #995709420 Listed on: 04/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $901

Year Built

  • Built in 1968

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot
  • Property is in very good condition

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,422 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 513822422

Home Details

Home Type

Single Family

Est. Annual Taxes

$901

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.1148
  • Lot Size: 5060
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: 55
  • Year Built: 1968
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 1968

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Attic, Ceiling Fan(s), High Speed Internet, Pull Down Attic Stairs, Stone Counters, Stainless Steel Appliances
  • Living Area: 1422.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 513822422
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Oct 3, 2016
Sold by
Pennymac Holdings Llc A Corporation
Bought by
Pennymac Corp A Corporation
Seller's Agent
ALTHEA CASTILLE
CBTEC WEST BANK
Buyer's Agent
Melanie Wiltz
LaFrance-Wiltz Realty Group
List Price
$114,000
Current Estimated Value
$186,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$108,989
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2015
Sold by
Secretary Of Veterans Affairs An Officer
Bought by
Pennymac Loan Services Llc A Corporation

Purchase Details

Closed on
Sep 22, 2015
Sold by
Gusman Sheriff Marlin N and Bias Arthur
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Aug 31, 2015
Sold by
Huancas Javier
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 27, 2006
Sold by
Marecla Rosario Velazquez
Bought by
Bias Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,967
Interest Rate
6.41%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 2005
Sold by
Vicknair Michael
Bought by
Velazquez Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.71%
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
Pennymac Corp A Corporation -- None Available
Pennymac Loan Services Llc A Corporation -- None Available
Pennymac Loan Services Llc $76,545 None Available
The Secretary Of Veterans Affairs $76,545 None Available
Bias Arthur $145,000 --
Velazquez Marcela $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Quinette $13,551
Previous Owner Pennymac Corp A Corporation $108,989
Previous Owner Bias Arthur $50,000
Previous Owner Bias Arthur $140,967
Previous Owner Velazquez Marcela $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold -- -- --
07/12/2023 07/12/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $225,000 +97.4% $158 / Sq Ft
11/18/2016 11/18/16 Sold -- -- --
10/19/2016 10/19/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $114,000 -- $82 / 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 $901 $17,000 $2,500 $14,500
2024 $1,609 $17,000 $2,500 $14,500
2023 $439 $10,340 $1,750 $8,590
2022 $439 $9,910 $1,750 $8,160
2021 $509 $10,340 $1,750 $8,590
2020 $513 $10,340 $1,750 $8,590
2019 $527 $10,340 $1,750 $8,590
2018 $1,596 $10,340 $1,750 $8,590
2017 $1,524 $10,340 $1,750 $8,590
2016 $1,600 $10,980 $1,750 $9,230
2015 $599 $10,980 $1,750 $9,230
2014 -- $10,980 $1,750 $9,230
2013 -- $13,780 $1,750 $12,030
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MEG EBANKS

    Snap Realty

    1 in this area

    18 Total Sales

    MEG EBANKS
    Section Image

  • R

    Buyer Co-Listing Agent in 2023

    REBECCA SAVOY

    C-21 Richard Berry & Assoc,Inc

    (504) 228-4844

    1 in this area

    25 Total Sales

    REBECCA SAVOY
    Section Image

  • A

    Seller's Agent in 2016

    ALTHEA CASTILLE

    CBTEC WEST BANK

    Section Image

  • M

    Buyer's Agent in 2016

    Melanie Wiltz

    LaFrance-Wiltz Realty Group

    (504) 232-5362

    32 Total Sales

    Melanie Wiltz
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2388344

APN: 5-13-8-224-22

Louisiana Orleans Parish New Orleans 70131 Old Aurora

1531 Tropic Dr, New Orleans, LA

This home is located at 1531 Tropic Dr, New Orleans, LA 70131 since 05 April 2023 and is currently estimated at $186,980, approximately $131 per square foot. This property was built in 1968. 1531 Tropic Dr is a home located in Orleans Parish with nearby schools including Harriet Tubman Charter School, Edna Karr High School, and St Andrew The Apostle School.

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