NOT LISTED FOR SALE

2409 Magnolia St New Orleans, LA 70113

Central City Neighborhood

Estimated Value: $160,000 - $230,000

6 Beds
2 Baths
1,900 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 30, 2023

Current estimated payment $1,240/month

153 Days on Market

Highlights

  • Shotgun Architecture
  • Property is in very good condition
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

As of November 2023

Call you investors now!!! Great rental income and easy to manage. Units are always rented. 3 bedroom ! Bath each side. Rent can be increased or could be great owner occupied.

Last Agent to Sell the Property

Anthony Grosch

LATTER & BLUM (LATT10) License #NOM:000037994 Listed on: 05/02/2023

LATTER & BLUM (LATT10)

Last Buyer's Agent

LATASHA JOHNSON - OLIVER

Berkshire Hathaway HomeServices Preferred, REALTOR License #NOM:995694497

Berkshire Hathaway HomeServices Preferred, REALTOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 32x87
  • Property is in very good condition

Home Design

  • Duplex
  • Shotgun Architecture
  • Raised Foundation
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 1 Level

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 701132409MagnoliaST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,371

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Shot Gun
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 379 lot A Magnolia 32x97
  • Lp Amt Sq Ft: 99.95
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 1930
  • Age: 55
  • Age Description: Resale
  • Age Description 2: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Estimated Living Area: 1900
  • Total Sq Ft: 1900

Exterior Features

  • Exterior: Siding
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Owner
  • Gas Type: None
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 32x87
  • Parcel #: 701132409MagnoliaST

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 6
  • Total Full Baths All Units: 2
  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 3, 2018
Sold by
Gs & Son Holdings Llc
Bought by
Quality Housing Llc
Seller's Agent
Anthony Grosch
LATTER & BLUM (LATT10)
Buyer's Agent
Anthony Grosch
LATTER & BLUM (LATT10)
List Price
$117,500
Current Estimated Value
$196,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Quality Housing Llc $121,000 Title Stream Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold -- -- --
10/02/2023 10/02/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $189,900 -20.5% $100 / Sq Ft
06/13/2023 06/13/23 Price Changed $239,000 -4.4% $126 / Sq Ft
05/02/2023 05/02/23 For Sale $249,900 +112.7% $132 / Sq Ft
12/03/2018 12/03/18 Sold -- -- --
11/03/2018 11/03/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $117,500 -- $62 / 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 $2,371 $17,960 $2,780 $15,180
2024 $2,042 $15,240 $2,780 $12,460
2023 $1,458 $10,360 $1,390 $8,970
2022 $1,458 $10,360 $1,390 $8,970
2021 $1,559 $10,830 $1,390 $9,440
2020 $1,574 $10,830 $1,390 $9,440
2019 $1,740 $11,520 $1,390 $10,130
2018 $1,775 $11,520 $1,390 $10,130
2017 $1,695 $11,520 $1,390 $10,130
2016 $1,749 $11,520 $1,390 $10,130
2015 $1,713 $11,520 $1,390 $10,130
2014 -- $11,520 $1,390 $10,130
2013 -- $11,520 $1,390 $10,130
Source: Public Records

Agents Affiliated with this Home

  • Anthony Grosch

    Seller's Agent in 2023

    Anthony Grosch

    Latter & Blum

    (504) 339-5292

    19 in this area

    168 Total Sales

    Anthony Grosch
    Section Image

  • L

    Buyer's Agent in 2023

    LATASHA JOHNSON - OLIVER

    Berkshire Hathaway HomeServices Preferred, REALTOR

    (504) 338-5731

    3 in this area

    43 Total Sales

    LATASHA JOHNSON - OLIVER
    Section Image
See All Agents

Map

Source: Gulf South Real Estate Information Network

MLS Number: 2392155

Gulf South Real Estate Information Network

APN: 4-12-3-047-16

Louisiana Orleans Parish New Orleans 70113 Central City

2409 Magnolia St, New Orleans, LA

This home is located at 2409 Magnolia St, New Orleans, LA 70113 since 02 May 2023 and is currently estimated at $196,457, approximately $103 per square foot. This property was built in 1930. 2409 Magnolia St is a home located in Orleans Parish with nearby schools including Mary Bethune Elementary School, Kipp Central City Academy, and Kipp Central City Primary School.

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.

Nearby Homes