$99,000
SOLD DEC 13, 2024
Last list price

1624 S Lopez St New Orleans, LA 70125

Broadmoor Neighborhood
3 Beds
1.5 Baths
1,578 Sq Ft
4,008 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Rectangular Lot
  • No Heating

About This Home

As of December 2024

Investment Opportunity! Located at 1624 South Lopez Street in the heart of New Orleans' sought-after Broadmoor neighborhood, this property offers significant potential for savvy investors. Featuring 3 bedrooms, 1.5 baths, and 1,530 square feet of living space. With original hardwood floors still intact, this property is a renovation project to maximize value. Its prime location ensures high demand, turned into a rental income or resale after restoration. Don't miss out on this versatile investment in a vibrant, revitalizing area!

Last Agent to Sell the Property

HERBERT BARNES

eXp Realty, LLC License #995706136 Listed on: 10/01/2024

eXp Realty, LLC

Last Buyer's Agent

HERBERT BARNES

eXp Realty, LLC License #995706136 Listed on: 10/01/2024

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,465

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 38x105
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,578 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Location

  • City Lot

Schools

  • Benjamin Fran Elementary School
  • Mcdonogh 35 High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 701251624SLopezST12

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,465

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 38x105
  • Directions: Take exit 234A from I-10 E for Carrollton Ave. Merge onto S Carrollton Ave, then left on Claiborne Ave. Right on S Lopez St.
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1940
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: None
  • Private Spa: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1578.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Property Condition: Poor Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: None
  • Association: No

Schools

  • Elementary School: Benjamin Fran
  • High School: McDonogh 35

Lot Info

  • Parcel #: 701251624SLopezST12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 12, 2024
Sold by
Sg Alternative Title Trust
Bought by
Barnes Victoria Marie
Seller's Agent
HERBERT BARNES
eXp Realty, LLC
Buyer's Agent
HERBERT BARNES
eXp Realty, LLC
List Price
$99,000
Views
10
Current Estimated Value
$225,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.79%
Original Mortgage
$251,103
Outstanding Balance
$249,101
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
-$24,028

Purchase Details

Closed on
Mar 25, 2022
Sold by
Asset Funding Services Llc
Bought by
Kb Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2021
Sold by
Hardship Properties Llc
Bought by
Asset Funding Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,250
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 5, 2021
Sold by
Thirty Four Acres Holdings Llc
Bought by
Hardship Properties Llc
Seller's Agent
Terrell Hunter
Hunter Realty LLC
Buyer's Agent
Derek Lightell
United Brokers of Louisiana,LLC
List Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$5,000,000
Interest Rate
2.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 7, 2021
Closed on
Jan 4, 2021
Sold by
Lima Julio Cesar
Bought by
Thirty Four Acres Holdings Llc
Seller's Agent
Terrell Hunter
Hunter Realty LLC
Buyer's Agent
Derek Lightell
United Brokers of Louisiana,LLC
List Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
2.65%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Deed $90,000 None Listed On Document
Deed $90,000 None Listed On Document
Deed -- Southern Title
Cash Sale Deed $275,000 Southern Title Inc
Deed $160,000 Crescent Title Llc
Deed $107,000 Winters Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,103 FHA
Closed $251,103 FHA
Previous Owner $448,500 New Conventional
Previous Owner $389,250 Commercial
Previous Owner $5,000,000 Future Advance Clause Open End Mortgage
Previous Owner $315,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2024 12/13/24 Sold -- -- --
10/04/2024 10/04/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $99,000 -37.7% $63 / Sq Ft
02/05/2021 02/05/21 Sold -- -- -- View Prior Sale
01/07/2021 01/07/21 For Sale $159,000 -- $104 / 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 $4,465 $33,070 $5,990 $27,080
2024 $4,431 $33,070 $5,990 $27,080
2023 $2,097 $30,360 $3,190 $27,170
2022 $2,097 $14,190 $3,190 $11,000
2021 $846 $5,180 $3,190 $1,990
2020 $853 $5,180 $3,190 $1,990
2019 $883 $5,180 $3,190 $1,990
2018 $898 $5,180 $3,190 $1,990
2017 $862 $5,180 $3,190 $1,990
2016 $886 $5,180 $2,000 $3,180
2015 $870 $5,180 $2,000 $3,180
2014 -- $5,180 $2,000 $3,180
2013 -- $5,180 $2,000 $3,180
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    HERBERT BARNES

    eXp Realty, LLC

    (337) 522-7554

    1 in this area

    17 Total Sales

    HERBERT BARNES
    Section Image
  • Terrell Hunter

    Seller's Agent in 2021

    Terrell Hunter

    Hunter Realty LLC

    (504) 231-6747

    1 in this area

    79 Total Sales

    Terrell Hunter
    Section Image
  • Derek Lightell

    Buyer's Agent in 2021

    Derek Lightell

    United Brokers of Louisiana,LLC

    (504) 224-0019

    1 in this area

    35 Total Sales

    Derek Lightell
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2470123

APN: 6-14-3-544-12

Louisiana Orleans Parish New Orleans 70125 Broadmoor

1624 S Lopez St, New Orleans, LA

This home is located at 1624 S Lopez St, New Orleans, LA 70125 and is currently estimated at $99,000, approximately $62 per square foot. This property was built in 1940. 1624 S Lopez St is a home located in Orleans Parish with nearby schools including Wilson Charter School, Edward Hynes Charter School, and Eleanor McMain Secondary School.

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