NOT LISTED FOR SALE

1625 Franklin Ave New Orleans, LA 70117

Saint Claude Neighborhood

Estimated Value: $203,753 - $242,000

4 Beds
2 Baths
1,875 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 24, 2017

Current estimated payment $1,354/month

191 Days on Market

Highlights

  • Craftsman Architecture
  • Property is in very good condition
  • Wood Siding
  • Central Heating and Cooling System
  • Rectangular Lot
  • Property has 1 Level

About This Home

As of June 2017

EXCELLENT INVESTMENT DOUBLE! Renovated in 2013, this double is perfect as a rental property or an owner occupied home with income. Plumbing, electrical and HVAC newly installed in 2013. 2 BD/1 BA on each side. Heart of Pine floors. 9.5’ ceilings and lots of character. Side Hall provides independent access to each bedroom. Be where the action is on thriving Franklin Avenue, close to Marigny, Bywater and St Claude! OR COMMERCIAL POSSIBILITY! Zoned HU-B1 – Historic Urban Neighborhood Business District.

Last Agent to Sell the Property

Michael Zarou

Compass Garden District (LATT18) License #099563861 Listed on: 11/14/2016

Compass Garden District (LATT18)

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,285

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • Lot Dimensions are 30x130
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Craftsman Architecture
  • Raised Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,875 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Assessor Parcel Number 701171625FranklinAV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,285

Year Built

Built in 2013 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 30x130
  • Architectural Style: Craftsman
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 80
  • Year Built: 2013
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 2013

Interior Features

  • Owner Pays: Gas, Water
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1875.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled, Very Good Condition, Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701171625FranklinAV
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Aug 15, 2017
Sold by
Shark Realty Llc A Limited Liability Com
Bought by
Dawra Karen
Seller's Agent
Michael Zarou
Compass Garden District (LATT18)
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$224,000
Current Estimated Value
$222,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%

Purchase Details

Listed on
Nov 14, 2016
Closed on
Jun 24, 2017
Sold by
Blackmon Dorise G
Bought by
Shark Realty Llc A Limited Liability Com
Seller's Agent
Michael Zarou
Compass Garden District (LATT18)
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$224,000

Purchase Details

Listed on
Apr 23, 2012
Closed on
May 11, 2012
Sold by
Federal National Mortgage Association
Bought by
Blackmon Marvin M
Seller's Agent
Darlene Reed
Hera Realty
Buyer's Agent
Michael Zarou
Compass Garden District (LATT18)
List Price
$40,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.68%
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
Dawra Karen -- None Available
Shark Realty Llc A Limited Liability Com $175,000 Advance Title & Abstract
Blackmon Marvin M $38,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2017 06/24/17 Sold -- -- --
05/25/2017 05/25/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $224,000 +449.0% $119 / Sq Ft
05/11/2012 05/11/12 Sold -- -- -- View Prior Sale
04/23/2012 04/23/12 For Sale $40,800 -- $21 / 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 $2,285 $17,310 $1,170 $16,140
2024 $2,319 $17,310 $1,170 $16,140
2023 $2,111 $15,750 $680 $15,070
2022 $2,111 $15,000 $680 $14,320
2021 $2,267 $15,750 $680 $15,070
2020 $2,290 $15,750 $680 $15,070
2019 $2,380 $15,750 $680 $15,070
2018 $2,427 $15,750 $680 $15,070
2017 $1,267 $8,610 $680 $7,930
2016 $1,307 $8,610 $680 $7,930
2015 $1,280 $8,610 $680 $7,930
2014 -- $8,610 $680 $7,930
2013 -- $8,610 $680 $7,930
Source: Public Records

Agents Affiliated with this Home

  • Michael Zarou

    Seller's Agent in 2017

    Michael Zarou

    Compass Garden District (LATT18)

    (504) 913-2872

    3 in this area

    140 Total Sales

    Michael Zarou
    Section Image

  • N

    Buyer's Agent in 2017

    NON MEMBER

    NON-MLS MEMBER

  • D

    Seller's Agent in 2012

    Darlene Reed

    Hera Realty

    (504) 914-6352

    3 Total Sales

    Darlene Reed
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2081932

APN: 3-9W-4-075-11

Louisiana Orleans Parish New Orleans 70117 Saint Claude

1625 Franklin Ave, New Orleans, LA

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