NOT LISTED FOR SALE

Estimated Value: $590,000 - $667,000

4 Beds
4 Baths
2,400 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 10, 2021

Current estimated payment $4,074/month

30 Days on Market

Highlights

  • French Provincial Architecture
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Porch
  • Laundry Room
  • 3-minute walk to Washington Square Park

About This Home

As of August 2021

Now is your chance to own an income producing multi in a popular part of the city. This recently-renovated Marigny tri-plex is steps away from all of the action and is the perfect place to live as well as earn income. The large 2bd/2 ba owner's unit is the ideal living space while the two smaller units are perfect rentals. Renovated in 2017, this property is in great shape. This one won't last long. Perfect for owner / occupant who wants to also have a STR.

Last Agent to Sell the Property

Billy Patout

FQR Realtors License #995682469 Listed on: 06/10/2021

Last Buyer's Agent

Laci Springer

Engel & Völkers New Orleans License #995703784

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,183

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • Lot Dimensions are 32x127
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Triplex
  • French Provincial Architecture
  • Raised Foundation
  • Slate Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 1 Level
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 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

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701172224RoyalST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,183

Year Built

Built in 2017 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 32x127
  • Architectural Style: French/Provincial
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 200
  • Year Built: 2017
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1
  • Year Built: 2017

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2400.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Metal Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Excellent, Updated/Remodeled, Resale
  • Roof: Slate

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Laundry Room
  • 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 #: 701172224RoyalST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Marie Cummins Lindsey
Bought by
Benny And Lulu Llc
Current Estimated Value
$622,513

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 10, 2021
Sold by
Grazer Susan Anita
Bought by
Cummins Lindsey Marie and Cummins Daniel Brent
Seller's Agent
Billy Patout
FQR Realtors
Buyer's Agent
Laci Springer
Engel & Völkers New Orleans
List Price
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.38%
Original Mortgage
$514,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2010
Sold by
Drobish Camilla F
Bought by
Grazer Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,166
Interest Rate
4.54%
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
Benny And Lulu Llc -- New Title Company Name
Cummins Lindsey Marie $686,000 Title Corp Of Louisiana
Grazer Susan A $267,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummins Lindsey Marie $514,500
Previous Owner Grazer Susan $50,000
Previous Owner Grazer Susan $318,750
Previous Owner Grazer Susan A $246,166
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold -- -- --
07/11/2021 07/11/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $689,000 -- $287 / 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 $8,183 $62,000 $12,190 $49,810
2024 $8,307 $62,000 $12,190 $49,810
2023 $7,726 $77,080 $10,160 $66,920
2022 $7,726 $54,910 $10,160 $44,750
2021 $7,260 $57,260 $10,160 $47,100
2020 $7,331 $57,260 $10,160 $47,100
2019 $5,370 $42,400 $10,160 $32,240
2018 $5,475 $42,400 $10,160 $32,240
2017 $3,046 $27,670 $10,160 $17,510
2016 $3,140 $27,670 $10,160 $17,510
2015 $3,077 $27,670 $3,250 $24,420
2014 -- $27,670 $3,250 $24,420
2013 -- $27,670 $3,250 $24,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2303614

APN: 3-8W-1-011-07