NOT LISTED FOR SALE

Estimated Value: $268,178

-- Bed
-- Bath
5,670 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 19, 2016

Current estimated payment $2,018/month

246 Days on Market

About This Home

As of February 2016

Amazing Investment opportunity in the coveted Algiers Point Neighborhood. This Commercial/Residential property sits beautifully on one of the largest streets in Algiers. Constant traffic makes this the perfect opportunity for anyone who would utilize the front spaces for a business. A total of 4 units in this massive investment haven. With 2 Commercial Units in front & 2 Residential Units in back this property has the potential to exceed well over $4000 in passive income. You wouldn't want to miss this!!

Last Agent to Sell the Property

STANLEY PENDLETON

eXp Realty, LLC License #995684779 Listed on: 05/18/2015

Co-Listed By

KRISTEN VANCOURT

Essential Living Realty LLC License #995698059

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,145

Year Built

  • 1964

Lot Details

  • Lot Dimensions are 42 x 135
  • Corner Lot
  • Oversized Lot
  • Zoning described as COM

Interior Spaces

  • 5,670 Sq Ft Home
  • Living Quarters

Location

  • City Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 701141900NewtonST

Property Details

Property Type

Other

Est. Annual Taxes

$6,145

Year Built

1964

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 42 X 135
  • Co List Office Mls Id: KWRW01
  • Co List Office Phone: (504) 207-2007
  • New Construction: No
  • Structure Type: Mixed Use
  • Year Built Details: 0
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1964

Interior Features

  • Owner Pays: Insurance, Taxes
  • Living Area: 5670.0

Exterior Features

  • Lot Features: Corner Lot, City Lot, Oversized Lot
  • Other Structures: Living Quarters
  • Property Condition: Resale

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701141900NewtonST
  • Zoning Description: COM
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Feb 19, 2016
Sold by
Rc Holding Of Louisiaana Llc A Limited L
Bought by
Rokada Properties Llc A Louisiana Limite
Seller's Agent
STANLEY PENDLETON
eXp Realty, LLC
List Price
$220,000
Sold Price
$188,000
Premium/Discount to List
-$32,000
-14.55%
Total Days on Market
246
Current Estimated Value
$268,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,178
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Mar 14, 2007
Sold by
Castrogiovanni Anthony
Bought by
Rc Holding Of Louisiana Llc
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
Rokada Properties Llc A Louisiana Limite $188,000 Crescent Title Llc
Rc Holding Of Louisiana Llc $83,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rokada Properties Llc $230,600
Previous Owner Rc Holding Of Louisiana Llc $1,140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold -- -- --
01/20/2016 01/20/16 Pending -- -- --
05/18/2015 05/18/15 For Sale $220,000 -- $39 / 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 $6,145 $46,550 $5,100 $41,450
2024 $6,238 $46,550 $5,100 $41,450
2023 $4,537 $45,880 $1,130 $44,750
2022 $4,537 $32,000 $1,130 $30,870
2021 $4,641 $32,000 $1,130 $30,870
2020 $6,720 $45,880 $1,130 $44,750
2019 $3,755 $24,810 $1,130 $23,680
2018 $3,786 $24,530 $1,700 $22,830
2017 $3,616 $24,530 $1,700 $22,830
2016 $3,329 $22,850 $1,700 $21,150
2015 $2,062 $13,790 $1,700 $12,090
2014 -- $13,790 $1,700 $12,090
2013 -- $13,790 $1,700 $12,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2011738

APN: 5-13-2-065-03