NOT LISTED FOR SALE

Estimated Value: $239,000 - $255,000

6 Beds
4 Baths
2,554 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 01, 2024

Current estimated payment $1,607/month

257 Days on Market

Highlights

  • Traditional Architecture
  • Energy-Efficient Windows
  • Rectangular Lot
  • Central Heating and Cooling System
  • Property is in very good condition
  • Fenced

About This Home

As of July 2024

.Investor's Dream: Duplex in Algiers' Victory Plaza

Are you ready to seize a fantastic investment opportunity in the vibrant heart of New Orleans? Look no further – this stunning duplex in Algiers' Victory Plaza offers the perfect blend of modern comfort and rental income potential!

Property Highlights:

?? Two Distinct Units: This duplex is designed to impress, with each unit featuring 3 spacious bedrooms and 2 beautifully appointed bathrooms. It's an ideal setup for owner-occupancy while generating rental income.

?? Updated & Move-In Ready: Recent renovations include a new roof, HVAC system, plumbing, electrical upgrades, and energy-efficient windows, updated kitchen and baths. You can enjoy peace of mind knowing that these vital elements have already been taken care of.

?? Rental Income: The lower unit is currently rented, offering immediate income for savvy investors. Consider having your rental income help cover your mortgage, or add it to your investment portfolio – the choice is yours.

?? Prime Location: Located in Algiers' Victory Plaza, you're in close proximity to all that New Orleans has to offer with easy access to West Bank Expressway

Don't miss this incredible opportunity to grow your real estate portfolio.

Last Agent to Sell the Property

April Brown

Hospitality Realty License #995705288 Listed on: 10/17/2023

Last Buyer's Agent

Quianna Jackson

Quianna & Company Realty Firm License #995717080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,733

Year Built

  • Built in 1982

Lot Details

  • 5,201 Sq Ft Lot
  • Lot Dimensions are 52 x 100
  • Fenced
  • Rectangular Lot
  • Property is in very good condition

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,554 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Energy-Efficient Windows
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Victory Plaza Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 513513120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,733

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1194
  • Lot Size: 52 x 100
  • Subdivision Name: Victory Plaza
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built Details: Resale,Age Unknown
  • Year Built: 1982
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 2554.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Property Condition: Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 513513120
  • 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
Nov 19, 2020
Closed on
Dec 11, 2020
Sold by
Mcfarland Gordon
Bought by
G I D Green Investments Llc
Seller's Agent
Nicole Pellerin
The Pellerin Group NOLA LLC
Buyer's Agent
April Brown
Hospitality Realty
List Price
$220,000
Current Estimated Value
$249,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%

Purchase Details

Listed on
Feb 27, 2019
Closed on
Apr 8, 2019
Sold by
Diamond Mark
Bought by
Mcfarland Gordon
Seller's Agent
Maurizio Muzzetto
RE/MAX N.O. Properties
Buyer's Agent
Nicole Pellerin
The Pellerin Group NOLA LLC
List Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.60%
Original Mortgage
$139,925
Interest Rate
4.5%
Mortgage Type
FHA
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
G I D Green Investments Llc $230,000 Title Management Group Inc
Mcfarland Gordon $145,000 Bayou Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Quianna T $235,653
Previous Owner Mcfarland Gordon $139,925
Previous Owner Smith Elise Fulton $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold -- -- --
10/17/2023 10/17/23 For Sale $249,500 +13.4% $98 / Sq Ft
12/11/2020 12/11/20 Sold -- -- --
11/19/2020 11/19/20 For Sale $220,000 +51.7% $86 / Sq Ft
04/08/2019 04/08/19 Sold -- -- --
03/09/2019 03/09/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $145,000 -- $60 / 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 $2,733 $20,700 $1,560 $19,140
2024 $2,774 $20,700 $1,560 $19,140
2023 $3,108 $23,000 $1,300 $21,700
2022 $3,108 $21,920 $1,300 $20,620
2021 $2,103 $14,500 $1,300 $13,200
2020 $2,124 $14,500 $1,300 $13,200
2019 $1,921 $12,690 $1,300 $11,390
2018 $1,959 $12,690 $1,300 $11,390
2017 $1,871 $12,690 $1,300 $11,390
2016 $1,894 $13,000 $1,040 $11,960
2015 $1,944 $13,000 $1,040 $11,960
2014 -- $13,000 $1,040 $11,960
2013 -- $14,000 $520 $13,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2418445

APN: 5-13-5-131-20