NOT LISTED FOR SALE

1905 Frenchmen St New Orleans, LA 70116

7th Ward Neighborhood

Estimated Value: $187,000 - $255,000

4 Beds
4 Baths
1,674 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 16, 2023

Current estimated payment $1,262/month

Highlights

  • Shotgun Architecture
  • Courtyard
  • Energy-Efficient Windows
  • Oversized Lot
  • ENERGY STAR Qualified Water Heater
  • Property is in excellent condition

About This Home

As of August 2023

Welcome to your next lucrative investment opportunity! This amazing converted double shotgun boasts four individual units, each with its own entrance and smart locks. On DAY ONE of closing, you are guaranteed to start generating income immediately. Each unit features a kitchenette, full bathroom with shower, mini-split AC and heater, a King bed, and a pull-out queen couch/bed, along with two smart TVs. The property is fully furnished with dishes, stainless steel appliances, and linen and supplies included.

Last Agent to Sell the Property

DARRIUS MCCORVEY

Keller Williams Realty New Orleans License #NOM:995703126 Listed on: 06/29/2023

Keller Williams Realty New Orleans

Last Buyer's Agent

DARRIUS MCCORVEY

Keller Williams Realty New Orleans License #NOM:995703126 Listed on: 06/29/2023

Keller Williams Realty New Orleans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 2019 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32x123
  • Oversized Lot
  • Property is in excellent condition

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Shotgun Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,674 Sq Ft Home
  • Property has 4 Levels

Utilities

  • Ductless Heating Or Cooling System
  • ENERGY STAR Qualified Water Heater
  • Internet Available

Additional Features

  • Energy-Efficient Windows
  • Courtyard
  • Outside City Limits

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number SQ 913 LOT 21 32 X 123 1905-07 FRENCHMEN ST DBLE

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,261

Year Built

Built in 2019 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Shot Gun
  • Condition: Excellent
  • ADA Features: No
  • Legal Description: sQ 913 LOT 21 32 X 123 1905-07 FRENCHMEN ST DBLE 5/RMS EACH BR FRT
  • Lp Amt Sq Ft: 154.72
  • Building Stories: 1.00000
  • Unit Level: 4
  • Year Renovated: 2019
  • Age: 45
  • Age Description: Resale
  • Age Description 2: Remodeled structural changes - all major mechanical systems i.e. HVAC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2019

Interior Features

  • Room Count: 6
  • Estimated Living Area: 1674
  • Total Sq Ft: 1674

Exterior Features

  • Exterior: Brick
  • ExteriorFeatures: Courtyard
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Ductless Wall Unit
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Ductless Wall Unit
  • Meter Set Up: Combined
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.0900
  • Elevation Certificate: No
  • Lot Description: Oversized
  • Lot Size: 32x123
  • Parcel #: SQ 913 LOT 21 32 X 123 1905-07 FRENCHMEN ST DBLE

Green Features

  • Energy Efficient Features: Water Heater, Windows
  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Total Bedrooms All Units: 4
  • Total Full Baths All Units: 4
  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 16, 2023
Sold by
Thi Demetz Kim-Hong
Bought by
Cest Fou Services Llc
Seller's Agent
DARRIUS MCCORVEY
Keller Williams Realty New Orleans
Buyer's Agent
DARRIUS MCCORVEY
Keller Williams Realty New Orleans
List Price
$259,000
Views
3
Current Estimated Value
$218,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.66%
Original Mortgage
$260,200
Outstanding Balance
$255,498
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
-$29,894

Purchase Details

Listed on
Dec 19, 2018
Closed on
Feb 19, 2019
Sold by
American Advisors Group
Bought by
Cest Fou Services Llc
Seller's Agent
Kent Larrimer
RE/MAX Select
Buyer's Agent
Kent Larrimer
RE/MAX Select
List Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.83%

Purchase Details

Closed on
Oct 9, 2018
Sold by
Succession Of Dorothy Fernandez Cambridg
Bought by
American Advisors Group

Purchase Details

Closed on
Jun 20, 2014
Sold by
Mackey Carolyn M
Bought by
Cambridge Dorothy
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
Cest Fou Services Llc -- None Listed On Document
Cest Fou Services Llc $88,000 Delta Title Corporation
American Advisors Group $100,000 None Available
Cambridge Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cest Fou Services Llc $260,200
Closed Bourgeois Monique $9,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold -- -- --
06/29/2023 06/29/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $259,000 +188.1% $155 / Sq Ft
02/19/2019 02/19/19 Sold -- -- --
01/20/2019 01/20/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $89,900 -- $54 / 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 $1,261 $24,000 $2,760 $21,240
2024 $1,887 $14,080 $2,760 $11,320
2023 $1,267 $8,800 $1,380 $7,420
2022 $1,267 $8,430 $1,380 $7,050
2021 $1,267 $8,800 $1,380 $7,420
2020 $1,279 $8,800 $1,380 $7,420
2019 $84 $6,500 $790 $5,710
2018 $84 $6,500 $790 $5,710
2017 $68 $6,500 $790 $5,710
2016 $68 $6,500 $790 $5,710
2015 $68 $6,500 $790 $5,710
2014 -- $6,500 $790 $5,710
2013 -- $6,500 $790 $5,710
Source: Public Records

Agents Affiliated with this Home

  • DARRIUS MCCORVEY

    Seller's Agent in 2023

    DARRIUS MCCORVEY

    Keller Williams Realty New Orleans

    (504) 345-4894

    3 in this area

    13 Total Sales

    DARRIUS MCCORVEY
    Section Image
  • Kent Larrimer

    Seller's Agent in 2019

    Kent Larrimer

    RE/MAX Select

    (504) 621-7549

    1 in this area

    183 Total Sales

    Kent Larrimer
    Section Image
  • Jim Zimmerman

    Seller Co-Listing Agent in 2019

    Jim Zimmerman

    RE/MAX Select

    (504) 912-1710

    52 Total Sales

    Jim Zimmerman
    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2401789

Gulf South Real Estate Information Network

APN: 3-7W-1-130-18

Louisiana Orleans Parish New Orleans 70116 7th Ward

1905 Frenchmen St, New Orleans, LA

This home is located at 1905 Frenchmen St, New Orleans, LA 70116 since 29 June 2023 and is currently estimated at $218,133, approximately $130 per square foot. This property was built in 2019. 1905 Frenchmen 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.

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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