Last list price
1711 Second St New Orleans, LA 70113
Central City Neighborhood
--
Bed
7
Baths
5,000
Sq Ft
4,225
Sq Ft Lot
Highlights
- Balcony
- 2-minute walk to St Charles And 1St Street
- Rectangular Lot
- Window Unit Cooling System
- Central Heating and Cooling System
- Wood Siding
About This Home
As of April 2022Renovated after Katrina with new roof, electric, plumbing, shoring, etc. 7-plex in great block w/5 sister Italianate galleried buildings referred to as Ferret' Row. 1 block from St Charles. All 1 bdrms have central HVAC. The studios have "through wall commercial" HVAC. 9.77% cap rate based on list price. Two common laundry facilities could increase income by $200/mo if converted to coin units, which would increase the cap rate to 10.25%.
Last Agent to Sell the Property
Crescent Sotheby's International License #000047674 Listed on: 02/17/2011
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $12,638
Lot Details
- Lot Dimensions are 30 x 120
- Rectangular Lot
- Property is in average condition
Home Design
- Raised Foundation
- Frame Construction
- Shingle Roof
- Asphalt Shingled Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 7 Full Bathrooms
- 5,000 Sq Ft Home
- Property has 3 Levels
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Window Unit Heating System
Additional Features
- Balcony
- City Lot
Community Details
- 7 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Assessor Parcel Number 701131711SECONDST
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2022
Closed on
Apr 21, 2022
Sold by
Plum Property Group Llc
Bought by
1711 2Nd St Llc
Seller's Agent
Gary Lazarus
RE/MAX N.O. Properties
Buyer's Agent
Brent Catalanotto
NOLA Living Realty
List Price
$1,075,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Outstanding Balance
$793,978
Interest Rate
5.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2016
Sold by
Ck Second Street Partners Llc A Louisian
Bought by
Plum Property Group Llc A New York Limit
Purchase Details
Listed on
Feb 17, 2011
Closed on
Oct 11, 2013
Sold by
Neeley L Anne
Bought by
Ck Second Street Partners Llc
Seller's Agent
Desmond Crain
Crescent Sotheby's International
List Price
$650,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.54%
Mortgage Type
Commercial
Similar Homes in New Orleans, LA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $746,270 | None Available | |
| Warranty Deed | $468,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $832,000 | New Conventional | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $441,116 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $200,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2023 10/23/23 | Price Changed | $1,100 | +4.8% | $2 / Sq Ft |
| 10/02/2023 10/02/23 | Price Changed | $1,050 | -10.6% | $2 / Sq Ft |
| 09/19/2023 09/19/23 | Price Changed | $1,175 | +7.3% | $2 / Sq Ft |
| 08/02/2023 08/02/23 | Price Changed | $1,095 | -8.4% | $2 / Sq Ft |
| 06/22/2023 06/22/23 | Price Changed | $1,195 | 0.0% | $2 / Sq Ft |
| 06/22/2023 06/22/23 | For Rent | $1,195 | +3.9% | -- |
| 06/01/2023 06/01/23 | For Rent | $1,150 | -9.8% | -- |
| 04/17/2023 04/17/23 | Price Changed | $1,275 | 0.0% | $2 / Sq Ft |
| 04/21/2022 04/21/22 | Sold | -- | -- | -- |
| 02/11/2022 02/11/22 | Pending | -- | -- | -- |
| 01/21/2022 01/21/22 | For Sale | $1,075,000 | +65.4% | $202 / Sq Ft |
| 10/11/2013 10/11/13 | Sold | -- | -- | -- |
| 09/11/2013 09/11/13 | Pending | -- | -- | -- |
| 02/17/2011 02/17/11 | For Sale | $650,000 | -- | $130 / Sq Ft |
Source: ROAM MLS
Tax History Compared to Growth
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 | $12,638 | $95,750 | $10,580 | $85,170 |
| 2024 | $12,830 | $95,750 | $10,580 | $85,170 |
| 2023 | $10,801 | $91,520 | $6,350 | $85,170 |
| 2022 | $10,801 | $76,760 | $6,350 | $70,410 |
| 2021 | $11,584 | $80,470 | $6,350 | $74,120 |
| 2020 | $9,764 | $67,160 | $6,350 | $60,810 |
| 2019 | $10,147 | $67,160 | $6,350 | $60,810 |
| 2018 | $10,348 | $67,160 | $6,350 | $60,810 |
| 2017 | $9,881 | $67,160 | $6,350 | $60,810 |
| 2016 | $7,115 | $46,880 | $5,080 | $41,800 |
| 2015 | $6,970 | $46,880 | $5,080 | $41,800 |
| 2014 | -- | $46,000 | $5,080 | $40,920 |
| 2013 | -- | $46,000 | $5,080 | $40,920 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Gary Lazarus
RE/MAX
(504) 382-2603
2 in this area
94 Total Sales
-
B
Buyer's Agent in 2022
Brent Catalanotto
NOLA Living Realty
(504) 415-7052
2 in this area
28 Total Sales
-
Seller's Agent in 2013
Desmond Crain
Crescent Sotheby's International
(504) 899-5505
2 Total Sales
Map
Source: ROAM MLS
MLS Number: 865714
APN: 4-12-1-069-06
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