NOT LISTED FOR SALE

Estimated Value: $345,000 - $459,000

5 Beds
2.5 Baths
3,640 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 03, 2021

Current estimated payment $2,722/month

103 Days on Market

Highlights

  • Balcony
  • Porch
  • Floor Furnace
  • Oversized Lot
  • Window Unit Cooling System
  • Energy-Efficient Windows

About This Home

As of August 2021

UNIVERSITY LOCATION - 2 family dwelling in Broadmoor across the street from Tulane/Loyola. If you are looking for residence or investment property, this property will serve both needs. Here you have 2 1/2 lots, high demand rentals, investor interest, and ample off-street parking. Ground floor contains 2 separate storage rooms plus a 1,256 s.f. workshop. 2nd floor Unit 3115: has 1,658 s.f. framed residence to be built out. 3rd & 4th floor Unit 3117: contain a 1,982 s.f. 5 bed, 2.5 bath home to be completed.

Last Agent to Sell the Property

Danielle Martin

Riverlands Realty LLC License #995712704 Listed on: 03/22/2021

Last Buyer's Agent

Elinor Sanders

McEnery Residential, LLC License #995691995

McEnery Residential, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,750

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Permeable Paving
  • Oversized Lot
  • Property is in average condition

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,640 Sq Ft Home
  • Property has 3 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Additional Features

  • Energy-Efficient Windows
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for electricity, gas, water
  • Tax Lot 143
  • Assessor Parcel Number 701253117StateStreetDR143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,750

Year Built

Built in 2019 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 60/123x60/120
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Efficiency: Windows
  • Building Stories: 3
  • Year Built Details: 110
  • Year Built: 2019
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 3
  • Year Built: 2019

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 3640.0

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Pool Features: None
  • Home Warranty: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Porch, Permeable Paving
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony, Porch
  • Property Condition: Average Condition, Updated/Remodeled, Under Renovation
  • Roof: Shingle

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Floor Furnace, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701253117StateStreetDR143
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Aug 2, 2021
Sold by
Hoffler Barbara Rae Durham
Bought by
Iba Development Llc
Seller's Agent
Danielle Martin
Riverlands Realty LLC
Buyer's Agent
Elinor Sanders
McEnery Residential, LLC
List Price
$450,000
Current Estimated Value
$412,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$639,600
Outstanding Balance
$588,618
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$146,659

Purchase Details

Closed on
Sep 30, 2011
Sold by
Bello Paul A
Bought by
Hoffler Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
4.24%
Source: Public Records

Range of Values:

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Average Value
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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
Iba Development Llc $390,000 Crescent Title Llc
Hoffler Barbara R $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iba Development Llc $639,600
Previous Owner Hoffler Barbara R $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold -- -- --
07/04/2021 07/04/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $450,000 -- $124 / 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 $5,750 $43,560 $12,720 $30,840
2024 $5,837 $43,560 $12,720 $30,840
2023 $5,289 $37,590 $9,540 $28,050
2022 $5,289 $37,590 $9,540 $28,050
2021 $4,642 $39,070 $9,540 $29,530
2020 $3,559 $31,310 $9,540 $21,770
2019 $3,694 $31,310 $9,540 $21,770
2018 $3,766 $31,310 $9,540 $21,770
2017 $3,581 $31,310 $9,540 $21,770
2016 $2,203 $21,500 $9,540 $11,960
2015 $2,160 $21,500 $9,540 $11,960
2014 -- $21,500 $9,540 $11,960
2013 -- $21,500 $9,540 $11,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2292112

APN: 6-15-1-143-54