$289,000
SOLD APR 11, 2022
Last list price
9 Beds
2 Baths
5,252 Sq Ft
4,996 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

56 Days on Market

Highlights

  • Traditional Architecture
  • Ductless Heating Or Cooling System
  • Fenced
  • Balcony
  • Home Under Construction
  • Wood Siding

About This Home

As of April 2022

AMAZING investment opportunity with this beautiful 6-plex (currently zoned as a 4-plex) in New Marginy. 2 upstairs- a 2/1 & 3/1, both with new bathrooms. The 3 bedroom has an updated kitchen, hardwood floors throughout and an open floorplan with tons of storage space. The downstairs is currently gutted and ready for your customization. Downstairs has access for four units, with meters installed. Must check with city but tax records show it could be rezoned as a 6-plex. This opportunity won't last long!

Last Agent to Sell the Property

Angel flores

NOLA Living Realty License #995707870 Listed on: 01/14/2022

Last Buyer's Agent

Jeremy Triggs

Fleur De Lee Realty, LLC License #995707615

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,992

Lot Details

  • 4,996 Sq Ft Lot
  • Fenced
  • Irregular Lot
  • Property is in average condition

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Home Under Construction
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5,252 Sq Ft Home
  • Property has 2 Levels
  • Window Screens

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Wall Furnace
  • Window Unit Heating System

Additional Features

  • Balcony
  • City Lot

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 701172714NGalvezST12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,992

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1147
  • Lot Size: 30X124,24X31
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 61
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 9
  • Living Area: 5252.0
  • Window Features: Screens
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: City Lot, Irregular Lot
  • Home Warranty: No
  • Construction Type: Block, Concrete, Wood Siding
  • Exterior Features: Balcony, Fence
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Repairs Cosmetic, Under Renovation
  • Roof: Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Lot Info

  • Parcel #: 701172714NGalvezST12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Apr 11, 2022
Sold by
Jennifer Carlson
Bought by
J Lee Realty Llc
Seller's Agent
Angel flores
NOLA Living Realty
Buyer's Agent
Jeremy Triggs
Fleur De Lee Realty, LLC
List Price
$289,000
Sold Price
$247,000
Premium/Discount to List
-$42,000
-14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.69%
Original Mortgage
$50,000,000
Outstanding Balance
$47,199,586
Interest Rate
3.89%
Mortgage Type
Construction
Estimated Equity
-$46,621,586

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 21, 2018
Sold by
Smith Wesley G
Bought by
Mccreary Ray and Morris Susan
Seller's Agent
ANITRA PRESTON
eXp Realty, LLC
Buyer's Agent
Lisa Julien
Crescent City Living, LLC
List Price
$1,199,999
Sold Price
$88,000
Premium/Discount to List
-$1,111,999
-92.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.11%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Hernandez Yolanda G
Bought by
Smith Wesley G

Purchase Details

Closed on
Jul 18, 2006
Sold by
Matthews Eric D
Bought by
Hernandez Yolanda G

Purchase Details

Closed on
May 5, 2005
Sold by
Melder Edmond
Bought by
Matthews Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.06%
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 Type Sale Price Title Company
Deed -- Southern Title
Cash Sale Deed $88,000 Second Line Title Llc
Warranty Deed $20,000 --
Warranty Deed $15,000 --
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $511,000 New Conventional
Open $50,000,000 Construction
Closed $50,000,000 Construction
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $599,999 -4.0% $114 / Sq Ft
01/08/2025 01/08/25 Price Changed $624,999 -3.8% $119 / Sq Ft
12/11/2024 12/11/24 Price Changed $649,999 -7.1% $124 / Sq Ft
10/30/2024 10/30/24 Price Changed $699,999 -6.7% $133 / Sq Ft
09/18/2024 09/18/24 For Sale $750,000 +159.5% $143 / Sq Ft
04/11/2022 04/11/22 Sold -- -- --
03/12/2022 03/12/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $289,000 -75.9% $55 / Sq Ft
06/21/2018 06/21/18 Sold -- -- --
05/22/2018 05/22/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $1,199,999 -- $258 / 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 $2,992 $22,670 $1,500 $21,170
2024 $3,038 $22,670 $1,500 $21,170
2023 $3,739 $22,040 $870 $21,170
2022 $3,739 $26,570 $870 $25,700
2021 $1,144 $7,950 $870 $7,080
2020 $1,156 $7,950 $870 $7,080
2019 $1,201 $7,950 $870 $7,080
2018 $167 $7,950 $870 $7,080
2017 $145 $7,950 $870 $7,080
2016 $147 $7,950 $870 $7,080
2015 $691 $4,650 $870 $3,780
2014 -- $7,000 $870 $6,130
2013 -- $7,000 $870 $6,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2328782

APN: 3-9W-5-067-13