NOT LISTED FOR SALE

Estimated Value: $402,000 - $574,000

4 Beds
2 Baths
2,242 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 08, 2023

Current estimated payment $3,205/month

103 Days on Market

Highlights

  • Shotgun Architecture
  • Property is in very good condition
  • Historic Home
  • Porch
  • Wood Siding
  • Property has 1 Level

About This Home

As of December 2023

This historic income producing double is in a PRIME Marigny location, steps from hip coffee shops, cutting-edge bars, several of New Orleans' best restaurants and all the great music on Frenchmen Street. The spacious interiors are full of charm and loaded with historic features such as original hardwood floors, high ceilings, wainscoting, fireplace mantles and transoms. And the large backyard affords plenty of opportunity for creative landscaping, a pool, or anything else you can dream up.

One side of this beautiful property has two bedrooms and two full baths, while the other side has two bedrooms and one full bath. Each side is sold with appliances, including a refrigerator, a gas range/oven and a washer/dryer, and additional upgrades include a two year old roof and a two year old water heater.

With excellent in-place rental income of $1750 a month from just one side of the property, you can move right in and offset your living expenses. Or, if a renovation project appeals to you, this property would make an excellent conversion to a single-family residence.

However you prefer it, this is quite the find in one of New Orleans' truly unique and walkable historic neighborhoods.

Last Agent to Sell the Property

Alex Peet

Wurth Real Estate Services License #NOM:995688338 Listed on: 07/25/2023

Last Buyer's Agent

Washington Duke

LATTER & BLUM (LATT28) License #NOM:995709483

LATTER & BLUM (LATT28)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,786

Lot Details

  • Lot Dimensions are 32 x 127
  • Historic Home
  • Property is in very good condition

Home Design

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

Interior Spaces

  • 2,242 Sq Ft Home
  • Property has 1 Level

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Internet Available

Additional Features

  • Porch
  • Outside City Limits

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 38W102426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,786

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Shot Gun
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 274 LOT A PT LOT 23 32X127 DBLE/FR 16/RMS A/R 2413-15 BURGUNDY ST
  • Lp Amt Sq Ft: 234.17
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Age: 100
  • Age Description: Resale
  • Age Description 2: Historical
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Living Area: 2242
  • Total Sq Ft: 2242

Exterior Features

  • Pool Type: None
  • Exterior: Wood Siding
  • ExteriorFeatures: Porch
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Window Unit
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 32 x 127
  • Parcel #: 38W102426

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: 4
  • Total Full Baths All Units: 3
  • Total Rent All Units: 1750
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2010
Sold by
Espinia Mildred
Bought by
Gammill Sarah L
Current Estimated Value
$481,946
Source: Public Records

Range of Values:

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Average Value
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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
Gammill Sarah L $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Filmer Justin Duncan $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold -- -- --
11/05/2023 11/05/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $525,000 0.0% $234 / Sq Ft
08/04/2016 08/04/16 For Rent $1,400 +7.7% --
08/04/2016 08/04/16 Rented $1,300 0.0% --
03/02/2015 03/02/15 For Rent $1,300 +4.0% --
03/02/2015 03/02/15 Rented $1,250 -- --
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 $6,786 $51,410 $12,190 $39,220
2024 $5,970 $51,410 $12,190 $39,220
2023 $6,477 $55,090 $10,160 $44,930
2022 $6,477 $52,840 $10,160 $42,680
2021 $6,948 $55,090 $10,160 $44,930
2020 $7,016 $55,090 $10,160 $44,930
2019 $5,825 $45,410 $10,160 $35,250
2018 $6,997 $45,410 $10,160 $35,250
2017 $3,890 $26,440 $10,160 $16,280
2016 $4,013 $26,440 $10,160 $16,280
2015 $3,931 $26,440 $3,250 $23,190
2014 -- $26,440 $3,250 $23,190
2013 -- $26,440 $3,250 $23,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2405250

Gulf South Real Estate Information Network

APN: 3-8W-1-024-26