NOT LISTED FOR SALE

2855 57 Law St New Orleans, LA 70117

Saint Roch Neighborhood

Estimated Value: $310,000 - $349,000

6 Beds
4 Baths
2,050 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 13, 2024

Current estimated payment $2,096/month

111 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Oversized Lot
  • Courtyard
  • 3-minute walk to McCue Playground

About This Home

As of September 2024

Saint Roch Neighborhood ~ NEW Construction ~ Classic New Orleans Style Raised Double. EACH Side Features: 3 Separate/Independent Bedrooms, 2 FULL Baths, Large Den/Living area, Chef’s Kitchen with Quartz Counters, Stainless Steel Appliances & Interior Laundry with Stack Washer & Dryer.

Property is built on a large 32’ Wide by 160’ Deep Lot with a Driveway providing off street parking. This is ALL NEW Construction only 2 Years Old. Built with Modern Building Materials, (Hardy Plank Exterior weatherboards, Functional Double Pane Windows, Insulation, Energy Efficient HVAC systems, Durable Laminate Wood Floors throughout). NO FUSS TO MAINTAIN! EASY PEASY!!

This is a CASH COW with both units leased and bringing in a TOTAL Monthly Rental Income of $ 3,327. PHENOMENAL RENTAL INCOME & CASH FLOW $$$$$

Last Agent to Sell the Property

Chris Smith

Keller Williams Realty New Orleans License #NOM:000009641 Listed on: 04/10/2024

Keller Williams Realty New Orleans

Last Buyer's Agent

Israel Stovall

Homelanders Realty License #NOM:912124661

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 2022

Lot Details

  • Lot Dimensions are 32 x 160
  • Fenced
  • Oversized Lot
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,050 Sq Ft Home
  • Property has 1 Level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Outdoor Features

  • Courtyard
  • Porch

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • SEER Rated 16+ Air Conditioning Units
  • Internet Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,158

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Duplex
  • Style: Traditional
  • Condition: Excellent
  • ADA Features: No
  • Legal Description: SQ 1487 LOT 3
  • Lp Amt Sq Ft: 160.49
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 2022
  • Age: 2
  • Age Description: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2022

Interior Features

  • Estimated Living Area: 2050
  • Total Sq Ft: 2050

Exterior Features

  • Pool Type: None
  • Exterior: Frame, Hardy Plank
  • ExteriorFeatures: Courtyard, Fence, Porch
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Driveway Only
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: Yes
  • Lot Description: Oversized, Regular
  • Lot Num: 3
  • Lot Size: 32 X 160

Green Features

  • Energy Efficient Features: HVAC 16Seer+, Insulation, Lighting, Windows

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 6
  • Total Full Baths All Units: 4
  • Total Rent All Units: 3327
  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Cvlt Holdings Llc
Bought by
Ljt Investments Llc
Current Estimated Value
$330,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,700
Outstanding Balance
$225,213
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$105,555
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ljt Investments Llc -- Crescent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ljt Investments Llc $236,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold -- -- --
07/30/2024 07/30/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $329,000 -- $160 / 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 $4,158 $31,500 $2,720 $28,780
2024 $4,221 $31,500 $2,560 $28,940
2023 $158 $1,120 $1,120 $0
2022 $158 $1,120 $1,120 $0
2021 $161 $1,120 $1,120 $0
2020 $163 $1,120 $1,120 $0
2019 $125 $830 $830 $0
2018 $128 $830 $830 $0
2017 $122 $830 $830 $0
2016 $126 $830 $830 $0
2015 $238 $1,600 $1,600 $0
2014 -- $1,600 $1,600 $0
2013 -- $1,600 $1,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Smith

    Seller's Agent in 2024

    Chris Smith

    Keller Williams Realty New Orleans

    (504) 231-2004

    14 in this area

    635 Total Sales

    Chris Smith
    Section Image

  • I

    Buyer's Agent in 2024

    Israel Stovall

    Homelanders Realty

    (504) 327-9939

    3 in this area

    9 Total Sales

    Israel Stovall
    Section Image
See All Agents

Map

Source: Gulf South Real Estate Information Network

MLS Number: 2442853

Gulf South Real Estate Information Network

APN: 3-8W-2-043-03

Louisiana Orleans Parish New Orleans 70117 Saint Roch

2855 57 Law St, New Orleans, LA

This home is located at 2855 57 Law St, New Orleans, LA 70117 since 10 April 2024 and is currently estimated at $330,768, approximately $161 per square foot. This property was built in 2022. 2855 57 Law St is a home located in Orleans Parish with nearby schools including Mary Bethune Elementary School, KIPP Leadership Primary, and G.W. Carver High 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.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes