NOT LISTED FOR SALE

1724 N Derbigny St New Orleans, LA 70116

7th Ward Neighborhood

Estimated Value: $216,089 - $254,000

3 Beds
3 Baths
1,611 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 29, 2022

Current estimated payment $1,553/month

117 Days on Market

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Property is in excellent condition
  • Porch
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of July 2022

Double in the heart of the New Marigny with flex apartment, close proximity to Downtown/French Quarter/Marigny. Excellent cash flow opportunity, with rents of $3200 per month, or live in one unit and have others pay mortgage. Each unit 1 bed 1 bath with full kitchen, wood floors throughout, and updated kitchens. Rear apartment can be opened up to the larger owners unit. Only showing 2 vacant front units until accepted contract.

Last Listed By

Jarred Tolar

1 Percent Lists License #995704297 Listed on: 03/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 2017

Lot Details

  • 4,038 Sq Ft Lot
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,611 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System

Additional Features

  • Porch
  • City Lot

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 701161724NDerbignyST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,741

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0927
  • Lot Size: 27.7/31.11X127.11/105.10-24.5
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 65
  • Year Built: 2017
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 2017

Interior Features

  • Owner Pays: Electricity, Gas, Water
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1611.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701161724NDerbignyST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Jul 29, 2022
Sold by
Jubarie Craig
Bought by
Moore Benjamin and Blehl Mary
Seller's Agent
Jarred Tolar
1 Percent Lists
List Price
$260,000
Sold Price
$230,000
Premium/Discount to List
-$30,000
-11.54%
Total Days on Market
117
Current Estimated Value
$236,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,022
Avg. Annual Appreciation
0.91%
Original Mortgage
$225,834
Outstanding Balance
$217,470
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$18,552

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 21, 2021
Sold by
Mcafee Shirley
Bought by
Craig Jabarie
Seller's Agent
Chris Smith
Keller Williams Realty New Orleans
Buyer's Agent
Kevin Jones
Supreme
List Price
$275,000
Sold Price
$215,000
Premium/Discount to List
-$60,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$161,250
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2017
Sold by
Hammersborg Marilyn Henderson and Hammersborg Ralph Martin
Bought by
Mcafee Shirley
Source: Public Records

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Range of Values:

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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
Moore Benjamin $230,000 Bayou Title
Craig Jabarie $215,000 Crescent Title Llc
Mcafee Shirley $40,000 Winters Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Benjamin $225,834
Previous Owner Craig Jabarie $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold -- -- --
06/29/2022 06/29/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $260,000 -5.5% $161 / Sq Ft
07/21/2021 07/21/21 Sold -- -- --
06/21/2021 06/21/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $275,000 -- $171 / 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 $2,741 $20,770 $2,830 $17,940
2024 $2,783 $20,770 $2,830 $17,940
2023 $2,672 $19,350 $1,410 $17,940
2022 $2,672 $18,990 $1,410 $17,580
2021 $1,538 $25,520 $1,410 $24,110
2020 $970 $25,520 $1,410 $24,110
2019 $398 $9,490 $1,410 $8,080
2018 $1,462 $9,490 $1,410 $8,080
2017 $1,396 $9,490 $1,060 $8,430
2016 $1,440 $9,490 $1,060 $8,430
2015 $1,338 $9,000 $600 $8,400
2014 -- $9,000 $600 $8,400
2013 -- $9,000 $600 $8,400
Source: Public Records

Agents Affiliated with this Home

  • Jarred Tolar

    Seller's Agent in 2022

    Jarred Tolar

    1 Percent Lists

    (504) 875-1378

    1 in this area

    100 Total Sales

    Jarred Tolar
    Section Image
  • Chris Smith

    Seller's Agent in 2021

    Chris Smith

    Keller Williams Realty New Orleans

    (504) 231-2004

    45 in this area

    661 Total Sales

    Chris Smith
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Jones

    Supreme

    (225) 921-2862

    1 in this area

    111 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2335087

APN: 3-7W-1-080-07

Louisiana Orleans Parish New Orleans 70116 7th Ward

1724 N Derbigny St, New Orleans, LA

This home is located at 1724 N Derbigny St, New Orleans, LA 70116 since 03 March 2022 and is currently estimated at $236,022, approximately $146 per square foot. This property was built in 2017. 1724 N Derbigny St is a home located in Orleans Parish with nearby schools including Homer Plessy French Quarter Community School, Mary Bethune Elementary School, and KIPP Leadership Primary.

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