NOT LISTED FOR SALE

Estimated Value: $336,000 - $396,000

5 Beds
3 Baths
2,300 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 05, 2024

Current estimated payment $2,049/month

33 Days on Market

Highlights

  • Craftsman Architecture
  • Central Heating and Cooling System
  • Property has 1 Level
  • Metairie Academy For Advanced Studies Rated A-
  • Property is in excellent condition

About This Home

As of August 2024

Definitely not your average duplex, this is a must see property. This amazing investment opportunity is nestled in the heat of a quiet Metairie neighborhood surrounded by single family homes. The large 1650 square foot main unit was built as a family home and always occupied by the original owners, never rented. Rent would be in the $2,000 per month range for the main unit. The main unit has 3 bedrooms and 2 full bathrooms and a bouns room you could use as an office or exercise room. The tenant occupied unit was built as multi-generational living space, has 2 bedrooms and one bathroom and was totally renovated in 2020 with quality counters, cabintes, fixtures and finishes that are sure to impress. Both units have indoor laundry rooms and ample off street driveway parking. The custom built huge 30' x 15' workshop is another bonus for this property that can be used in a varitey of ways. This super deep 201' lot is much larger than standard lots in the neighborhood so you have a multitude of options for this incredible lot in the future. Property is zoned R2. Units rent very quickly and stay rented in this neighborhood. Don't miss your chance to own this unique income producing property!

Last Agent to Sell the Property

TIM PITRE

Borrouso Realty License #995698700 Listed on: 07/02/2024

Last Buyer's Agent

Joel Picolo

Keller Williams Realty New Orleans License #995697714

Keller Williams Realty New Orleans

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 1965

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 50' x 201'
  • Irregular Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Craftsman Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway
  • Off-Street Parking

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Hessmer Farms Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Tax Lot 2-A
  • Assessor Parcel Number 0820008477

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$543

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Lot Size: 50' x 201'
  • Subdivision Name: Hessmer Farms
  • Architectural Style: Craftsman
  • Carport Y N: Yes
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Smaller unit renovated in 2020
  • Year Built: 1965
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2300.0

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot, Irregular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Shingle

Garage/Parking

  • Parking Features: Carport, Driveway, Off Street, Three or more Spaces

Utilities

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

Lot Info

  • Parcel #: 0820008477
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 2-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 16, 2024
Sold by
Daigle Carol Devillentroy and Daigle Eric Michael
Bought by
Stevens Joshua and Stevens Yuliya
Seller's Agent
TIM PITRE
Borrouso Realty
Buyer's Agent
Joel Picolo
Keller Williams Realty New Orleans
List Price
$375,000
Views
27
Current Estimated Value
$376,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%
Original Mortgage
$368,207
Outstanding Balance
$364,365
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$16,511

Purchase Details

Listed on
Jul 2, 2024
Closed on
Jul 26, 2024
Sold by
Daigle Carol Devillentroy and Daigle Eric Michael
Bought by
Stevens Joshua and Stevens Yuliya
Seller's Agent
TIM PITRE
Borrouso Realty
Buyer's Agent
Joel Picolo
Keller Williams Realty New Orleans
List Price
$375,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Outstanding Balance
$364,365
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$16,511
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
Stevens Joshua $375,000 None Listed On Document
Stevens Joshua $375,000 New Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Joshua $368,207
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold -- -- --
07/02/2024 07/02/24 For Sale $375,000 -- $163 / 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
2024 $543 $21,670 $7,690 $13,980
2023 $1,864 $21,670 $7,690 $13,980
2022 $2,776 $21,670 $7,690 $13,980
2021 $2,579 $21,670 $7,690 $13,980
2020 $2,560 $21,670 $7,690 $13,980
2019 $2,366 $19,480 $7,160 $12,320
2018 $1,359 $19,480 $7,160 $12,320
2017 $2,209 $19,480 $7,160 $12,320
2016 $2,166 $19,480 $7,160 $12,320
2015 $1,244 $18,560 $7,160 $11,400
2014 $1,244 $18,560 $7,160 $11,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2454612

APN: 0820008477