NOT LISTED FOR SALE

2704 General Pershing St New Orleans, LA 70115

Milan Neighborhood

Estimated Value: $432,000 - $697,000

8 Beds
6 Baths
4,536 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 15, 2018

Current estimated payment $3,416/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Window Unit Cooling System
  • Home Under Construction
  • Balcony
  • Central Heating and Cooling System

About This Home

As of November 2018

INVESTORS, GET OUR YOUR CHECKBOOKS! Incredible opportunity to own an income producing 4-plex in Milan. Top floor units boast high ceilings, pocket doors, and sun-drenched office/study. Unit B is currently rented for $1250, and unit A awaits a new owner to complete renovations. 2704 unit has been recently updated, 2706 side has tenant and has not been updated. 4 meters with 4 units. Zoned HU-B1.

Last Listed By

Lane Washburn

REVE, REALTORS License #995697093 Listed on: 09/19/2018

REVE, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,540

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 30 x 120
  • Property is in average condition

Home Design

  • Quadruplex
  • Home Under Construction
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,536 Sq Ft Home
  • Property has 2 Levels
  • Washer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Additional Features

  • Balcony
  • City Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 701152704GeneralPershingST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,540

Year Built

1920

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 30 X 120
  • Co List Office Mls Id: STCO01
  • Co List Office Phone: (504) 799-1702
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 80
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built (Public Record): 1920

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Living Area: 4536.0

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot
  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Repairs Cosmetic, Under Renovation
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701152704GeneralPershingST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 15, 2018
Sold by
Cornish Hondra and Williams Charles
Bought by
Nguyen Hieu T
Seller's Agent
Lane Washburn
REVE, REALTORS
List Price
$349,000
Sold Price
$365,000
Premium/Discount to List
$16,000
4.58%
Total Days on Market
26
Current Estimated Value
$541,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,333
Avg. Annual Appreciation
6.19%
Original Mortgage
$453,060
Outstanding Balance
$404,875
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$136,458

Purchase Details

Closed on
May 25, 2006
Sold by
Solid Rock Investments Ll
Bought by
King Renovations And Investrme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
12%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Nguyen Hieu T $365,000 Oak Title
King Renovations And Investrme $200,000 --
Solid Rock Investments Llc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Hieu T $453,060
Previous Owner Cornish Hondra A $298,000
Previous Owner Solid Rock Investments Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold -- -- --
10/16/2018 10/16/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $349,000 -- $77 / 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 $4,540 $41,240 $5,400 $35,840
2024 $4,607 $41,240 $5,400 $35,840
2023 $4,137 $38,000 $2,160 $35,840
2022 $4,137 $36,210 $2,160 $34,050
2021 $4,488 $38,000 $2,160 $35,840
2020 $4,312 $29,660 $2,160 $27,500
2019 $4,481 $29,660 $2,160 $27,500
2018 $4,570 $29,660 $2,160 $27,500
2017 $5,417 $36,820 $2,160 $34,660
2016 $2,732 $18,000 $1,800 $16,200
2015 $2,676 $18,000 $1,800 $16,200
2014 -- $18,000 $1,800 $16,200
2013 -- $18,000 $1,800 $16,200
Source: Public Records

Agents Affiliated with this Home

  • Lane Washburn

    Seller's Agent in 2018

    Lane Washburn

    REVE, REALTORS

    (504) 300-0700

    7 in this area

    239 Total Sales

    Lane Washburn
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2173779

APN: 6-14-3-343-12

Louisiana Orleans Parish New Orleans 70115 Milan

2704 General Pershing St, New Orleans, LA

This home is located at 2704 General Pershing St, New Orleans, LA 70115 since 19 September 2018 and is currently estimated at $541,333, approximately $119 per square foot. This property was built in 1920. 2704 General Pershing St is a home located in Orleans Parish with nearby schools including Lawrence D. Crocker College Prep, Wilson Charter School, and Samuel J. Green Charter School.

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