NOT LISTED FOR SALE

1635 Eighth St New Orleans, LA 70115

Central City Neighborhood

Estimated Value: $462,000 - $818,185

8 Beds
4 Baths
3,660 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 21, 2017

Current estimated payment $4,439/month

25 Days on Market

Highlights

  • Traditional Architecture
  • 1-minute walk to St Charles And 8Th Street
  • Central Heating and Cooling System
  • Corner Lot
  • Balcony
  • 4-minute walk to McDonough Zachery Park

About This Home

As of April 2017

Greek Revival 4-Plex located in the historic Lower Garden District of New Orleans. One block off of St Charles Ave. Property was remodeled in 2013 and consists of 4 large 1 bedroom units. All of the units feature high ceilings, wood flooring, central HVAC, updated plumbing and electrical, washer and dryer hookups, and much more. The upper units feature front and rear balconies. This is a unique opportunity to own investment property just a few steps from St Charles Avenue. Prime location for Mardi Gras!

Last Agent to Sell the Property

Cody Stringer

REVE, REALTORS License #NOM:995684174 Listed on: 02/17/2017

REVE, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,358

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • Lot Dimensions are 37x81'
  • Corner Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 3,660 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Internet Available

Additional Features

  • Balcony
  • Outside City Limits

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 701151635EighthST11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,358

Year Built

Built in 2013 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 226 Lot 11
  • Lp Amt Sq Ft: 177.32
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Year Renovated: 2013
  • Age: 100
  • Age Description: Resale
  • Age Description 2: Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2013

Interior Features

  • Room Count: 12
  • Estimated Living Area: 3660
  • Total Sq Ft: 3660

Exterior Features

  • Pool Type: None
  • Exterior: Stucco, Wood Siding
  • ExteriorFeatures: Balcony
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Two, Driveway Only, 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: Other
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Corner, Regular
  • Lot Num: 11
  • Lot Size: 37x81'
  • Parcel #: 701151635EighthST11

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: 4
  • Total Full Baths All Units: 4
  • Total Rent All Units: 3650
  • Total Units: 4
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Apr 21, 2017
Sold by
Bertel Investments Llc A Louisiana Limit
Bought by
Padmore Myrtle-Rose
Seller's Agent
Cody Stringer
REVE, REALTORS
List Price
$649,000
Current Estimated Value
$686,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$495,200
Interest Rate
4.21%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 13, 2012
Closed on
Feb 14, 2013
Sold by
Wells Fargo Bank Na
Bought by
Bertel Investments Llc
Seller's Agent
Fiona Handl
LATTER & BLUM (LATT18)
List Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.39%
Original Mortgage
$418,500
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2012
Sold by
Gusman Sheriff Marlin N and Layani Carva K
Bought by
Wells Fargo Bank N A
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
Padmore Myrtle-Rose $619,000 Crescent Title Llc
Bertel Investments Llc $225,000 --
Wells Fargo Bank N A $235,448 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padmore Myrtle-Rose $479,250
Closed Padmore Myrtle-Rose $495,200
Previous Owner Bertel Investments Llc $200,000
Previous Owner Bertel Investments Llc $418,500
Previous Owner Bertel Investments Llc $70,000
Previous Owner Layani Carva Kinght $22,567
Previous Owner Layani Carva Knight $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold -- -- --
03/14/2017 03/14/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $649,000 0.0% $177 / Sq Ft
03/28/2016 03/28/16 For Rent $1,650 0.0% --
03/28/2016 03/28/16 Rented $1,650 0.0% --
12/04/2015 12/04/15 For Rent $1,650 0.0% --
12/04/2015 12/04/15 Rented $1,650 +37.5% --
06/12/2013 06/12/13 Rented $1,200 0.0% --
06/12/2013 06/12/13 For Rent $1,200 0.0% --
02/14/2013 02/14/13 Sold -- -- --
01/11/2013 01/11/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $224,900 -- $62 / 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 $8,358 $60,080 $7,490 $52,590
2024 $8,478 $60,080 $7,490 $52,590
2023 $9,043 $63,770 $4,500 $59,270
2022 $9,043 $60,810 $4,500 $56,310
2021 $9,690 $63,770 $4,500 $59,270
2020 $8,601 $55,710 $4,500 $51,210
2019 $8,974 $55,710 $4,500 $51,210
2018 $9,141 $55,710 $4,500 $51,210
2017 $3,936 $24,890 $4,500 $20,390
2016 $4,052 $24,890 $3,600 $21,290
2015 $3,974 $24,890 $3,600 $21,290
2014 -- $24,890 $3,600 $21,290
2013 -- $24,890 $3,600 $21,290
Source: Public Records

Agents Affiliated with this Home

  • Cody Stringer

    Seller's Agent in 2017

    Cody Stringer

    REVE, REALTORS

    (504) 655-5577

    135 Total Sales

    Section Image
  • Michael Verderosa

    Buyer's Agent in 2016

    Michael Verderosa

    LATTER & BLUM (LATT09)

    (504) 948-3011

    190 Total Sales

    Section Image

  • F

    Seller's Agent in 2013

    Fiona Handl

    Latter & Blum

    (504) 722-4970

    4 Total Sales

    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2091917

Gulf South Real Estate Information Network

APN: 4-12-1-050-05

Louisiana Orleans Parish New Orleans 70115 Central City

1635 Eighth St, New Orleans, LA

This home is located at 1635 Eighth St, New Orleans, LA 70115 since 17 February 2017 and is currently estimated at $686,796, approximately $187 per square foot. This property was built in 2013. 1635 Eighth St is a home located in Orleans Parish with nearby schools including Lawrence D. Crocker College Prep, Audubon Uptown Upper School, and Walter L. Cohen High 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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