NOT LISTED FOR SALE

2505 Orleans Ave New Orleans, LA 70119

Treme-Lafitte Neighborhood

Estimated Value: $175,000 - $294,000

2 Beds
2 Baths
1,325 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 09, 2018

Current estimated payment $1,470/month

60 Days on Market

Highlights

  • Porch
  • Property is in excellent condition
  • Fenced
  • Window Unit Cooling System
  • Rectangular Lot
  • Wood Siding

About This Home

As of October 2018

ATTENTION INVESTORS AND FIRST TIME HOME BUYERS! Great opportunity to grab a centrally located double in the booming Mid City Area! 3 blocks to Lafitte Greenway, walk to Whole Foods, Broad Theater, Bayou St John, Dooky Chase, and so much more! Convenient to CITY PARK and the FRENCH QUARTER! These units boasts 1br/1ba on each side, fenced back yard for each unit and Off Street parking! All plumbing ad electrical updated post Katrina. Won't last!

Last Agent to Sell the Property

Jeremy Reneau

REVE, REALTORS License #995686342 Listed on: 07/10/2018

REVE, REALTORS

Last Buyer's Agent

Dora Roberts

Bill Roberts & Associates License #000013920

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • Lot Dimensions are 37x83
  • Fenced
  • Permeable Paving
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,325 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Additional Features

  • Energy-Efficient Insulation
  • Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 701192505OrleansAV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,834

Year Built

Built in 2011 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 37x83
  • Architectural Style: Other
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation
  • Building Stories: 1
  • Year Built Details: 50
  • Year Built: 2011
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 2011

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1325.0

Exterior Features

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

Garage/Parking

  • Parking Features: Off Street, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701192505OrleansAV
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Oct 9, 2018
Sold by
David Iv Llc
Bought by
Mahlstedt Steffan Chris
Seller's Agent
Jeremy Reneau
REVE, REALTORS
Buyer's Agent
Dora Roberts
Bill Roberts & Associates
List Price
$225,000
Current Estimated Value
$240,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Original Mortgage
$182,750
Outstanding Balance
$160,992
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$86,562

Purchase Details

Closed on
Oct 26, 2010
Sold by
G8 Capital Fund V Llc
Bought by
David Iv Llc

Purchase Details

Closed on
Dec 18, 2009
Sold by
J P Morgan Chase Bank Na
Bought by
G8 Capital Fund V 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
Mahlstedt Steffan Chris $215,000 Granite Title Agency Inc
David Iv Llc $20,000 --
G8 Capital Fund V Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahlstedt Steffan Chris $182,750
Previous Owner David Iv Llc $86,729
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold -- -- --
09/09/2018 09/09/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $225,000 -- $170 / 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 $1,834 $20,740 $6,140 $14,600
2024 $2,779 $20,740 $6,140 $14,600
2023 $1,023 $19,350 $3,070 $16,280
2022 $1,023 $16,220 $3,070 $13,150
2021 $961 $19,350 $3,070 $16,280
2020 $545 $19,350 $3,070 $16,280
2019 $1,156 $7,650 $1,380 $6,270
2018 $1,179 $7,650 $1,380 $6,270
2017 $1,125 $7,650 $1,380 $6,270
2016 $1,161 $7,650 $1,380 $6,270
2015 $1,137 $7,650 $1,380 $6,270
2014 -- $8,500 $1,250 $7,250
2013 -- $8,500 $1,250 $7,250
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Reneau

    Seller's Agent in 2018

    Jeremy Reneau

    REVE, REALTORS

    (504) 418-0665

    4 in this area

    108 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Dora Roberts

    Bill Roberts & Associates

    (504) 296-6808

    28 Total Sales

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Map

Source: ROAM MLS

MLS Number: 2164003

APN: 2-07-1-092-02

Louisiana Orleans Parish New Orleans 70119 Treme-Lafitte

2505 Orleans Ave, New Orleans, LA

This home is located at 2505 Orleans Ave, New Orleans, LA 70119 since 10 July 2018 and is currently estimated at $247,554, approximately $186 per square foot. This property was built in 2011. 2505 Orleans Ave is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Bricolage Academy, and Mary Bethune Elementary 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.

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