NOT LISTED FOR SALE

1719 Oretha Castle Haley Blvd New Orleans, LA 70113

Central City Neighborhood

Estimated Value: $746,973

-- Bed
-- Bath
3,054 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 10, 2024

Current estimated payment $4,908/month

258 Days on Market

About This Home

As of July 2024

Rare opportunity to acquire an established New Orleans institution. Originally built in 1892 and remodeled from 2009-2013, this historic Greek Revival building incorporates a fabulous blend of Mexican culture and New Orleans charm. Home to the award-winning Casa Borrega Restaurant, an iconic dining and entertainment venue for both locals and tourists alike, the building includes a first floor restaurant, bar, and commercial kitchen, a stunning upstairs 3-bedroom, 2-bathroom apartment (zoned for STR), and a fabulous and spacious backyard patio with a bar. New owners will enjoy the highly-desired MU-2 zoning in a busy corridor close to downtown, St. Charles Ave, and in the middle of the historic Oretha Castle Haley corridor.

Last Agent to Sell the Property

TARA LOFTIS

Reese & Company Real Estate, LLC License #995699474 Listed on: 09/27/2023

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,442

Year Built

  • Built in 1893

Lot Details

  • Rectangular Lot
  • Historic Home
  • The community has rules related to zoning restrictions
  • Zoning described as MU-2

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 3,054 Sq Ft Home
  • Property has 2 Levels
  • Living Quarters

Location

  • City Lot

Property Details

Property Type

Other

Est. Annual Taxes

$10,442

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size: 4091
  • Architectural Style: Historic/Antique
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Mixed Use
  • Year Built Details: Resale,Historical,Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 1893

Interior Features

  • Living Area: 3054.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Other Structures: Living Quarters
  • Property Condition: Repairs Cosmetic, Resale

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning Description: MU-2
  • Zoning: MU-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2008
Sold by
Felicity Street Redevelpm
Bought by
Monero Perdo H
Current Estimated Value
$746,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.48%
Mortgage Type
Commercial
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
Monero Perdo H $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Linda $150,000
Closed Monero Perdo H $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold -- -- --
06/12/2024 06/12/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $745,000 -0.7% $244 / Sq Ft
09/27/2023 09/27/23 For Sale $750,000 -- $246 / 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 $10,442 $79,110 $6,950 $72,160
2024 $3,195 $30,700 $6,950 $23,750
2023 $2,923 $27,580 $4,090 $23,490
2022 $2,923 $27,580 $4,090 $23,490
2021 $3,281 $29,620 $4,090 $25,530
2020 $1,839 $34,120 $4,090 $30,030
2019 $1,170 $14,600 $4,090 $10,510
2018 $1,191 $14,600 $4,090 $10,510
2017 $1,433 $16,710 $4,090 $12,620
2016 $1,476 $16,710 $4,090 $12,620
2015 $1,448 $16,710 $4,090 $12,620
2014 -- $12,500 $1,640 $10,860
2013 -- $12,500 $1,640 $10,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2415680

APN: 1-01-1-084-07