NOT LISTED FOR SALE

Estimated Value: $218,000 - $542,000

4 Beds
4 Baths
2,710 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 30, 2021

Current estimated payment $2,358/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property is in excellent condition

About This Home

As of November 2021

Calling all Investors!! This 4Plex in Gentilly is a Cash Cow! Two top units feature 2 bedrooms/1 bathroom and currently leased out for $1100 per month. Two bottom units have been completely renovated and feature 1 bedroom/1 bathroom and lease for $900. Property requires at least 24 to 48 hour notice to show.

Last Agent to Sell the Property

Melissa McClendon

LATTER & BLUM (LATT07) License #NOM:995704113 Listed on: 10/08/2021

LATTER & BLUM (LATT07)

Last Buyer's Agent

Quianna Jackson

Quianna & Company Realty Firm License #NOM:995717080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,625

Year Built

  • Built in 2020

Lot Details

  • 3,598 Sq Ft Lot
  • Lot Dimensions are 30 x 120
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,710 Sq Ft Home
  • Property has 1 Level

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 4 Units
  • Edgewood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 701222522JonquilST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,625

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Excellent
  • ADA Features: No
  • Legal Description: EDGEWOOD PK SQ 21 LOT 20 JONQUIL 30 X 120 RAISED DBLE - NO APTS; 2522-24 JONQUIL ST 18/RM A/R 2522 JONQUIL APT A
  • Lp Amt Sq Ft: 147.60
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Year Renovated: 2020
  • Age: 71
  • Age Description: Resale
  • Age Description 2: Age Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Estimated Living Area: 2710
  • Total Sq Ft: 2710

Exterior Features

  • Pool Type: None
  • Exterior: Brick, Stucco
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Driveway Only
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.0826
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 30 x 120
  • Parcel #: 701222522JonquilST

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: 4
  • Total Rent All Units: 3100
  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 30, 2021
Sold by
Watts Investments Group Llc
Bought by
J H Enterprise 2 Llc
Seller's Agent
Melissa McClendon
LATTER & BLUM (LATT07)
Buyer's Agent
Quianna Jackson
Quianna & Company Realty Firm
List Price
$400,000
Current Estimated Value
$362,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.90%
Original Mortgage
$292,500
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 30, 2019
Closed on
Feb 10, 2020
Sold by
Mertz Patricia Mcgee and Mertz Raymond
Bought by
G J Watts Investments Llc
Seller's Agent
Brenda Newfield
Newfield Realty Group Inc.
Buyer's Agent
Dana Callaghan
RE/MAX Living
List Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.35%
Original Mortgage
$3,000,000
Interest Rate
3.72%
Mortgage Type
Commercial
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
J H Enterprise 2 Llc $390,000 Title Management Group Inc
G J Watts Investments Llc $111,650 True Title Of Metairie Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J H Enterprise 2 Llc $303,050
Closed J H Enterprise 2 Llc $292,500
Previous Owner Watts Investments Group Llc $240,000
Previous Owner G J Watts Investments Llc $3,000,000
Previous Owner Mertz Patricia M $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold -- -- --
10/17/2021 10/17/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $400,000 0.0% $148 / Sq Ft
07/08/2020 07/08/20 For Rent $1,100 0.0% --
07/08/2020 07/08/20 Rented $1,100 0.0% --
02/11/2020 02/11/20 Sold -- -- --
01/12/2020 01/12/20 Pending -- -- --
09/30/2019 09/30/19 For Sale $100,000 -- $37 / 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 $4,625 $35,040 $2,160 $32,880
2024 $4,695 $35,040 $2,160 $32,880
2023 $1,848 $39,000 $1,440 $37,560
2022 $1,848 $13,130 $1,440 $11,690
2021 $1,978 $13,740 $1,440 $12,300
2020 $1,998 $13,740 $1,440 $12,300
2019 $2,021 $13,380 $1,080 $12,300
2018 $2,062 $13,380 $1,080 $12,300
2017 $1,968 $13,380 $1,080 $12,300
2016 $2,031 $13,380 $1,080 $12,300
2015 $1,989 $13,380 $1,080 $12,300
2014 -- $13,380 $1,080 $12,300
2013 -- $13,380 $1,080 $12,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2318585

Gulf South Real Estate Information Network

APN: 3-8W-3-052-12